Charity registration number 1081018 {England and Wales) Company registration number 03904848 MUSLIM GLOBAL RELIEF ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 • xeinadin MUSLIM GLOBAL RELIEF LEGALAND ADMINISTRATIVE INFORMATION Trustees Mr Mohammed Amin Mr Mohammed Amjad Mr Mohammed Razaque Mr Muhammad Farooq Shah Sgcretary Mohammed Amin Charlty number (England and Wales) 1081018 Company nurnber 03904848 Prln¢lpal address 124 Manchester Road Nelson Lancashire United Kingdom B89 7AQ Règistered offi¢e 124 Manchestèr Road Nelson Lancashire United Kingdom BB9 7AQ Auditor Xeinadin Audit Limited Ground Floor, Cilygale Longridge Road Preston Lancashire United Kingdom PR2 5BQ MUSLIM GLOBAL RELIEF CONTENTS Page A Me55age Irom Our Managing Director Trustees report 3-17 Independent auditor's report 18-20 Slalemenl of financial activities 21 Balance sheet 22 Statement of cash flows 23 Notes lo the financial statements 24-34 MUSLIM GLOBAL RELIEF A MESSAGE FROM OUR MANAGING DIRECTOR FQR THE YEAR ENDED 31 MARCH 2025 Dear Supporters and Friends, Assalaamu Alaikum wa Rahmatullahi wa Barakaluh, A5 we reflect on the year 202412025. we are humbled by the scale of compassion and generosity that has powered our mission. Muslim Global Relief has continued lo serve vulnerable communities across the globe-delivering emergency relief, sustainable development. and spiritual upliftmenl with dignity and care. Thanks to your unwavering support, we reached over 100,000 families across more than 20 countries. Here are just a few highlights of what we achieved together.. Emergency Rellef & Shelter Constructed shelters for displaced families in Pakislan, Yemen, Lebanon. and Gaza Delivered winter clothing and healin9 supplies lo thousands of children and refugees Provided cooked meals and food parcels to over 60,000 families facing crisis and displacement Clean WaterA¢cess Installed nearly 314 water wells and 608 handpumps across South Asia and Africa Built desalination and filtration plants in Pakistan, serving over 12,000 people daily Delivered safe drinking water lo thousands in Afghanistan, Sri Lanka. and Bangladesh Educ8tlon & Orphan Car• Sponsored thousands of orphaned children with school fees, suppliès, and nutrition Rebuilt schools in Pakistan and Malawi, and distributed desks, books, and Qurans Provided bicycles to orphaned students in Malawi to improve school access Faith & Cornrnunlty Development Constructed 17 mosques across Pakistan, Ghana, Malawi, and Sri Lanka Each mosque included solar power. water wèlls. and ablution facilities Delivered Quranic education and spiritual support lo hundreds of children and adults Llvellhood & Sustalnability Launched bread-making businesses in Lebanon to empower relugees Distributed gardening tools and seed5 to promote food self-reliante Provided rickshaws. fishing boats, and small business support for income generation Hoalthcare Access Held free medical camps in Ghana. Bangladesh, India, and Pakistan Served thousands with consulialions, medications, and referrals Distributed hygiene bins and improved sanitation in schools and hospitals Zakat & Sadaqah Impact Your Zakat fvnded housing for orphan families, clean water plants, school furniture, and medical aid General donations powered flexible responses across regions, from solar energy lo winter relief MUSLIM GLOBAL RELIEF A MESSAGE FROM OUR MANAGING DIRECTOR (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Every project was made possible by your trust and generosity. You have helped restore dignity, build resilience, and offer hope to those who need it most. May Allah (SV￿) accept your charity, bless your wealth, and reward you with Sadaqah Jariyah. We look fonmard lo continuing this journey together. Wth heartfelt gratitude, M Razaque Managlng Dlroctor Date.. 181.12J.?.9.2S...... MUSLIM GLOBAL RELIEF TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their annual report and financial slalamenls for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies sel out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reportin9 Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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 1021 Objectlves and actlvltles The primary goals and objectives of thè charilable company are to alleviate povety and sickness worldwide, particularly among those affected by natural disasters and conflicts, both foreign and domestic. This will be achieved through the provision of financ￿81 or other forms of assistance, such as medicines, shelter, furniture stationary. food, clothing, sanitation, clean drinking water, electronic hardwarelsofvare. and the construction of hospitals and medical centres, as determined by the Iruslees. Another objective is lo promote education for individuals in need, including orphans, throughout thè world. This will be accomplished by offering financial aid and materials, including books, furniture, slalionary. clothing, and electronic hardwarelsothare, as well as constructing schools, colleges. training cenlres, and univèrsities, as determined by the Iruslees. By focusing on these areas. we can fulfil our strategic priorities of maintaining stable programs and continuing lo fund our long-tem projects. The Iruslees have made the decision lo provide ongoing funding for these programs, with the goal of improving the lives of individuals and families, ultimately helping them overcome poverty. Public benelit The Iruslees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. Strategic raport The description under the headings "Achievements and performance" and "Financial rèvi8W' meet the company law requirements for the trustees lo present a strategic report. Achlevements and performance Significant aclivities and achiev&ments against obj8clives MGR has continued lo use various forms ol online, television and print media advertising lo promote itself and lo raise funds for ils projects. Our motto is 'Bringing Hope lo Life" to raise the aspirations and hope of the poor and disadvantaged and to transform their lives for the better. Inspired by the spirit of selflessness and caring for humanity without discrimination. our aim has been lo ￿ach out to those communities that find it most difficult lo receive help, and are most vulnerable lo extremism, neglect and exclusion in a non-polilical, non-sectarian, non-religious and non-exclusionary manner. MGR provides immediate help in limes of disaster whether caused by natural causes or conflict, lo help alleviate the suffering of the needy and deslilule members of society anywhere in the world. MGR also helps rebuild local communities through self-sustaining long-term projects. Muslim Global Relief has relied only on the help and support of those who believe in helping others. Continuing disasters and conflicts wreak havoc on the lives of so many people. 11 is the generosity of those who care that allow5 us lo alleviate their suffering. 11 is your kindness that has turned around so rnany lives, restoring hope and providing new opportunities. Our Vision MGR vision is lo see a 50ciely where povety and suffering have been overwhelmed and everyone can live and enjoy their righ15 without any discrimination. MUSLIM GLOBAL RELIEF TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Our Values Everyone should have access to clean drinking water No one should go hungry Everyone should have basic shelter . All should be respectably clothed Every child should have access lo basic education No orphan should be deprived of happiness Basic health care should be available to all No individual should suffer from an inferiority complex Our appeal is lo every passionate person Who cries over dying children in conflicts Who feels the pain of humanity as hislher own pain Whose heart bleeds over atrocities being committed lo humanity Whose conscious is troubled over the cries of hunger and disease Who wants lo shar6 his happiness with the deprived and unfortunate children MGR maintains a transparent approach in managing and implerrenting projects, which has helped us build stronger connections with our regular donors and supporters. In the current financial y8ar, MGR has primarily focused on ongoing development work in Pakistan, India, Ghana, Lebanon Isupporting Syrian Refugees}, Bangladesh Isupporting Rohingya Refugees). and Gaza. Our projects have in¢luded important initiatives such as the distribution of fresh meat through our Qurbani project worldwide, water projects. and various mainstream projects in healthcare, education, and food dislribtjlion. We firmly believe that poverty can only be effectively addressed when people have access lo basic services like healthcare, education, clean drinking water. and sanilalion. This is why we remain dedicated to these areas. We extend our deèp gratitude lo our donors for their generous conlribulions, support. and efforts. We greatly value and appreciate their commitment, as il is vital for the continued success of MGR in assisting those in need. The following infomalion provides an overview of the projects undertaken by MGR in the year 202412025. In 202412025, Muslim Global Relief's programmes encompassed èmergency response, education, health, livèlihoods, housing, and seasonal aid, demonslraling our dedication lo deliverin9 comprehensive and context- specific inletventions that serve both crisis-affected areas and communities working towards building a better future and breaking the cycle of poverty. Over the past year. our team al MGR, together with dedicated staff, volunteers, and supporters, has worked diligently lo assist communities in need across regions including Ghana, Malawi, Gambia, Gaza, Lebanon Inolably Syrian refugees), Pakistan, Sri Lanka, Bangladesh and India. Our mission is lo lead in efforts to alleviate poverty an(J address health challenge5. A syslemalic monitoring and evaluation strategy were established lo assess the outcomes of our projects. MGR initiatives have successfully achieved their objectives and have had a positive impact on the individuals we serve. To effectively carry out our projects, MGR has adopted a communily-based approach, which empowers communities lo independently manage their water supply systems. sanitation facilities, and other initiatives. The MGR 'One Village al a Time" initiative aims to meet the fundamental needs of residents in underserved communities. The project seeks lo enhance their quality of life by implementing sustainable solutions to challenges related to water, energy, food, education, and income. Gaza, a region affected by decades of conflict. continues lo be one of the most vulnerable areas globally. With a population of over 2.3 million residents, approximately 85 /0 are experiencing significant challenges, including chronic food insecurity, limited access lo medical care, and shortages of ne￿sSI11es. The MGR Project has designated Gaza as a primary focus of its efforts. emphasising the delivery of relief services to this underserved region. Our program focused on delivering freshly prepared hot meals to individuals residing in camps. Each meal served lo address Immediate nutritional needs and provided families with renewed energy and resilienTr lo face the day ahead. The initiative had a significant impact, both in terms of the quantity of food distributed and the positive effects on the health and morale of the recipients. MUSLIM GLOBAL RELIEF TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 MGR successfully provided emergency relief and implemented sustainable development initiatives in regions with the greatest needs. We prioritised community engagement through participatory approaches in all our projects to support long-lerm sustainability and continuous improvement in quality of life. Over the course of the year, our efforts positively affected the livès of over one million individuals worldwide. continued lo support individuals affected by conflict and displacement in Yemen, Gaza, Bangladesh and Lebanon. By the end of the year, our emergency aid programs. and various initiatives had reached over 100 000 beneficiaries in these regions. We provided food, medical supplies. and improved access lo clean water through the inslallalion of water hand pumps and wells (except Gaza due lo current circumslancesl. Our organisalion maintained a rigorous due diligence process for selècting project partners, which involved comprehensive stakeholder assessments and the establishment of formal collaboration agreements. A brief oveNiew of MGR'S one-year contribution under the One Village al a Time initiative is outlined below. Through this program, we have positively impacted numerous villages by implementing sustainable, long-term projects that have enhanced living conditions and addressed key challenges related lo watèr, energy. food security, education, and income generation. lal Humanitarian Response Our initiatives ranged from emergency assistance in Gaza, Yemen, Bangladesh - Rohingya refugees and Pakistan lo consislenlly focusing on those most in need. This year, our emergency response initiatives encompassed the distribution of hol meals, food parcels, lenls, blankets, warm clothing, water, medical, and shelter to thousands of individuals across multiple countries. Our team in Gaza continued to demonstrate resilience amid significant challenges, maintaining a steadfast commitment lo supporting vulnerable communities. Due lo limited access lo Gaza. our field team encountered numerous challenges in delivering aid lo the area. In 202412025, we significantly improved our emergency response initiativès, including the daily distribution of food in Gaza and the provision of fresh meals lo thousands of individuals residing in camps. However, this assistance addressed only a small fraction of the substantial humanitarian needs. Israel persislenlly reslricled access lo much-needed humanitarian aid and essential supplies. Throughout 202412025, we consislenlly advocated for an immediate ceasefire and the lifting of15rael's blockade to enable a meaningful response lo the dire humanitarian situation in Gaza. Ibl Food Aid and Water Muslim Global Relief's planned intervention. in collaboration with our partner organisation in Gaza, focuses on enhancing the resilience of recently displaced families in North Gaza, Central Gaza. Deir Al Balah, and Al Qaslal Camp. The initiative provides essential food aid and access to clean water for displa￿￿ families from both northern and southern Gaza. Through these efforts, MGR aims to demonstrate solidarity and support, as well as to bring a sense of relief and reassurance lo those affected, acknowledging that civilians often bear the brunt of military pressures. Vve successfully mel our nutritional support objectives for households increasingly vulnerable due lo ongoing conflict. The provision of hol meals directly addressed the urgent humanitarian needs in Gaza, where food shortages. displacement, and infrastructure destruction have severely impacted access lo regular nourishment. The hol meals also ensured diversity in nutrition, conlribuling lo the well-being ol those served. In Yemen, MGR has supported thousands of individuals in Hudaydah City through a range of projects. We have constructed water wells in local villages, providing access lo clean drinking water for numerous families. Additionally, MGR has distributed food parcels and hot meals to support vulnerable familie5. These servi￿$ have helped promote dignity and improve the quality of life for those in need. This food assistance initiative has effectively reduced cases of malnulrilion within these camps. MGR responded to the devastating floods in Pakistan. The flooding affected multiple regions, including Sindh Baluchistan, Khyber Pakhlunkhwa, and Gilgit-Ballistan. In Sindh province. severe ftooding has resulted in significant challenges, induding health issues and food insecurity for affected populations. MUSLIM GLOBAL RELIEF TRUSTEES REPORT {INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Following the major flooding event in August 2024, over 140,000 individuals were displaced, with many currently residing in temporary shelters such as lenls. MGR teams in Pakistan implemented a project in Khyber Pakhtunkhwa provin￿. dislribuling food par￿lS to thousands of farrilies affected by recent flooding. This initiative SUPPOrted vulnerable families in preparing meals for their children and ensuring they had access to sufficient nourishment. aided individuals in India affected by displacement following the flooding in Bihar. Dry food parcels w6re distributed, benefiting over 1,000 individuals. Icl Household Solar Syslern for Rohingya Refugees The Rohingya refugee crisis. which began in 2017, continues lo pose significant challenges for both the refugee population and the host communities in Cox's Bazar. Bangladesh. Over one million Rohingya refugees reside in densely populated camps with limited access lo basic amenities such as shelter, eleclricily, and security. Many of the shelters are constructed from temporary materials and are fragile, which adversely affects the well-being and safety of residents. Ukhiya Upazila in Cox's Bazar is among the most impacted areas, hosting a substantial number of refugees. Many families live in rnakeshift shelters that are vulnerable lo natural elements, including heavy rains, cyclones. and high temperatures. The lack of reliable 61eclricity further exacerbates these conditions, leading lo poor visibility al night, increased risks of theft, and Challenges in performing daily aclivilies. Women and children are particularly vulnerable lo these risks, facing greatèr safety Concerns in low-light conditions. This project was designed to meet critical needs by providing ten durable shelters. each equipped with solar power systems. for leri Rohingya refugee families. The solar-powered shelters offered safe and stable housing while delivering a sustainable source of eleclricily. This initiative enhanced safely and security, thereby improving the overall quality of life for the recipiènts. Additionally, by integrating solar energy. the project reduces reliance on non- renewable energy sources, promotes environmental 5UStainabilily, and serves as a potential model for future inlervenlions within refugee camp settings. (dl Winter Relief During the winter season, vulnerable and displaced refugee families encounter significant challenges due ID severe weather conditions. In response, MGR implemènted a Winter Relief Project lo support these al-risk populations by distributing essential items, including warm clothing. fo0￿ear. blankets, mattresses, and healing devices. This initiativè has positively impacted hundreds of families in Yemen, Alghanislan and Pakistan. (el Shelter Building MGR established 10 shelter homes for Rohingya refugees and homeless individuals in Yemen, ensuring that vulnerable populations have access lo safe and secure living environments. We constructed len housing unit5 for families affected by flooding in the Malakand District, KPK. Pakistan. These residences each featured Dne bedroom, an open-plan kitchen, and hygienic wash facilities. The project aimed to provide beneficiaries with a secure living environment and enhance their overall living condition5. lfj Waler41ife Project The MGR Water lor Life project seeks lo address the vital issue of access lo sale drinking water. This initiative is Implemented across various remote villages in multiple countries, Including Bangladesh, Pakistan, Malawi, Ghana, and Yemen, targeting communities affected by water scarcity 3nd limited access lo clèan water sources. The primary goal of the project is to provide sustainable access lo safe water through the drilling and inslallalion of hand pumps and water wells in strategically selected locations. By doing so, we aim to reduce the prevalen￿ of waterbornè diseases and proniole beller health and well-being within these communities To demonslrale our impact, below is a summary of the quantity of water hand pumps and water wells that have been deployed in the countries where we conduct operations. MGR has successfully conslruded 314 water wells and installed 608 hand pumps across multiple countries. These inilialives have substantially improved access lo clean drinking water and supported the adoption of improved hygiene practices. ultimately contributing to the overall well-being and health of rural communities. MUSLIM GLOBAL RELIEF TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 ltsm No. ountry Installation of Hand Pumpslcommunity W811s & Large Water Cool¢rs A lolal of 285 hand water pumps and 27 wells were constructed across the Dislricls of Odisha, Purnea, Khordha, Puri, Cuttack, and Araria. These inslallalions serve remote villages and provide essential water services to approximately 13.450 individuals daily. dditionally, a deep-water borehole was drilled in Bairgachhi village, Arari District, Bihar. This borehole supplies clean water lo the mosque for ablution and sanilalion purposes, as well as lo the local community for drinking and ally use. The water Sour￿ benefits approximately 200 families. WASH facility with a water pump was conslrucled in a Madrassah in urkaili village Oistricl Araria India serving a lolal 01100 students. The facilit ffered a safe and hygienic sanitation environment lor the students, upporting their health and well-being. India Bangladesh 6 water wells and 112 water hand pumps were built in Districts Kurigram, Cumilla. Nilphamari and Lalmonirhal and approximately 8,750 people were rovided with water sources. fghanistan deep community water well was built in Behsood District of Nangarha Province. A lolal of 6,150 people benefited from the ro ect seNices. deep water community boreholes were successfully constructed in the illages of Garu-Nalinga, Dalali, Wiriyanga and Yong located in the Uppe Region ol Ghana. These water facilities have been established lo serve the nlire population5 of both villages, providing access to clean drinking wate for a lolal of 7,350 individuals within these cornmunilies. hana ri Lanka 36 water wells and 98 hand pumps were built in villages in District in rincomalee in Eastern Province in Sri Lanka. A total of 5,290 people benefited from the watèr facilities. Pakistan 113 water hand pumps and 174 water wells were built in different village5 in dislricls Charsadda, Now5hera, Mardaan. Khanewal and Mullan. in KPK and South Punjab province where 8,150 people benefited from the wale acililies and were provided with clean drinking water on thèir doorsteps. 11 water filtration plants have been established across the districts o Mullan, Khanewal, and Pakpattan, providing clean drinking water to pproximalely 5,000 individua15 daily. wash facility was constructed at the Government Girls Primary School, hoeedabad, Nowshera. seNing a total of 261 students. The facility offered safe and hygienic sanitation environment for the female students, upporting their health and well-being. Iso. water coolers were provided to different schools in District Sawabi. Gambia water borehole was constructed in the Lamin Sanchaba community, Vves Coast Region, The Gambia, providing a reliable Sour￿ of clean water for Dpulation of approximately 6.000 residents. emen 1 community deep water well was constructed in Maric, District Taiz in emen which helped around 2,150 people of the village. MUSLIM GLOBAL RELIEF TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORT) {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The following are tho observed Impa¢ts of the project: The successful inslallalion of water hand pumps. water wells, and water filtration systems has enabled access lo drinking water for at least 109,000 marginalised individuals. Reduction in the incidence of waterborne diseases such as cholera, typhoid, dehydralion-related illnesses. digoslive disorders, skin conditions, and dental issues. Children's school attendance has increased due to a reduction in waterborne illnesses. Improved health conditions within these communities have reduced the burden on women. enabling greater participation in agricultural activities and other income-generating opportunities. Raised awareness about health issues associated with conlaminaled water. Igl My Orphan Projecl Every child deserves the best possible start in life- a nurturing home. a safe environment for play. and access to quality education. healthcare, and proper nulrilion. Currently, approximately 204/0 of children worldwide live-in extreme poverty and lack access to these essential rights and resources. As a result, their liv65 are often marked by significant hardships, including risks of illiteracy, illness. child labour, persistent povety, and, in some cases, death. According to UNICEF, one in four children globally live-in areas affected by ¢onflicl or disaster. AI MGR. we provide educational sponsorships in various countries, specifically focusing on supporting orphaned children in Bangladesh, Sri Lanka and Pakistan. In the previou5 reporting period, MGR granted sponsorships to 198 orphaned children, including both boys and girls, in Pakistsn, Sri Lanka, Malawi and Bangladesh. Through these sponsorships. each child was able to access education, essential supplies like unifomis and school materials, nutritious food, medical care, and financial assistan￿. In addition lo our standard sponsorship commitments, we have provided school kits and uniforms lo these orphaned children. along with bicycles. The bicycles have si9nificanlly eas8d their daily commute, enabling them lo attend school promptly and consistently. By ensuring access lo fundamental needs and facilitating educational and empowerment opportunities, the project enhanced thèir well-being and dignity, while also supporting their social inclusion and overall development. Ophan Housing Project.. In Bangladesh, MGR has built three housing units for three orphaned families. each equipped with bedrooms, a kitchen. and essential amenities including clean water, sanitation facilities, and other necessary infraslruclure lo promote a safe and healthy living environment. {hl Grow a Fruit Tree Project MGR has successfully planted over 3.000 fruit trees across various dislricls in Pakistan, offering economic opportunities to disadvantaged farmers and supporting their livelihoods. The project has contributed positively to the local community's economic development. (il Community Mosque Muslim Global Relief, through the "One Village at a Time" initiative, has ¢ompleled the construction of 17 mosques across multiple countries. These mosques seNe as cenlres for worship, reflection, and educational activities within their communities. They also provide various services aimed al empowering individuals and supporting community development. Each mosque provided with loilels. ablution facilities, prayer mats and loudspeakers. In addition, we supplied Qur'an books to mosques and madra5ahs in Malawi and India. Furthermore, we established Qur'an learning Classes in Malawi for children residing in the village of Mawewu, Chiradzulu oi5tricl. Each day. approximately 60 children participate in lessons on the Qur'an and other Islamic teachings. MUSLIM GLOBAL RELIEF TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The mos ues have been constructed in the followin countries.. Item Country Communlty Mosques in Different Countries Ghana MGR built 4 large size mosques and renovated one mosque in the following illages.. Illage Garu Nalinga No2 in Garu District Assembly in the Upper East Region o Ghana. Datali in Tamale Metropolitan Assembly in the Northern Region o Ghana. Chanzeni village in Tamale Metropolitan Assembly in the Northern region of Ghana Village Yong in Tamale Metropolitan Assembly in the Upper East Region of Ghana. Mosque Renovation.. village Kankanga in Bawku Municipality in the Upper East Re ion of Ghana. MGR construded 5 mosques in Malawi. illage Olchi in Machinga DislTlCt Village Sipolo, District Machinga Village Maniya, Machinga District Village Malinga in Machinga District Villa emka ula District Zoomba Malawi 7 mosques built in Pakistan. Malawl Pakistan Kohalyano Kaly, Piran Colony, Takhl Bhai. District Mardan, KP, Pakistan Village Mahar, Tehsil Prova -Dislricl Dera Ismail Khan-KP -Pakislan. Village Shamsabad Union Council Mahra, Tehsil Prova District D l Khan Pakistan. Village Mahra West, Tehsil Prova -Dislrict Dera Ismail Khan -KP Pakistan. Village Basti Mukhlair Abad, Mouza Dandi Sargana, Union Council Hashmal Marali, Tehsil Kabir Wala, District Khanewal Village Ali Baig, District Malakand, KPK Province. Village Basti Baliyan Wali, Mouza Sham Kot, Union Council Sham Ko No 21, Tehsil Kabir Wala district Khanewal South Punjab. illage Kachakodi, District Trincomalee Kinniya, Sri Lanka. Sri Lanka The establishment of these dedicated spaces provided residents with a central location for daily prayers and religious aclivilies. This development has facilitated the fulfilment of religious duties and has strengthened their engagement with Islamic teachings. The mosque has developed into a centre for Islamic education, offering opportunities for the younger generation to learn about their faith and cultural heritage. This supports the preservation and effective transmission of Islamic values and traditions. AJ&K Model Quran Education Project 202￿26. This 2 year Iransfomiative initiative aims lo embed Quranic understanding and character education across Azad Jammu & Kashmir {AJ&K}. aligning with SDG4 (Quality Education) and SDG_16 {Peace, Justice, and Strong Inslitulionsl. Through teacher training, student engagement, and community outreach, the project targets 24,000 dlrè¢t beneficiaries while influencing about 158.400 indirect beneficiaries across the region. MUSLIM GLOBAL RELIEF TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Objectives Integrate a research-based Quran curriculum IKG-Grade 12 + adult course) into mainstream education. Build capacity of teachers, mothers, and mentors through structured training. Foster moral values, peace-building, and social responsibility across AJ&K. Key Components 10 Quran Education Academies.. Delivering 6 10 2S day intènsive Irainings on Nazrah and Fahm-ul- Quran. 351 Trainlng Centres.. Providing ongoing refresher 5UPPOrt and mentoring. 25 Chara¢ter Education Homes.. Empowerin9 mothers through year-long courses on Quran, parenting, Seerah, and ethical living. Curriculum Integration.. Includes teacher manuals and character development models. Annual Progress Highlights (Oct 2024-Sep 2025) Totsl Benefl¢iaries.' 17,509 Teachers trained.. 4.957 Fernale participants.. 2,OOQ Students engaged. 10,552 Trainlng A¢hlevemonts'. 20 Fahm-ul-Quran 1264ayl trainings 33 Nazrah Quran trainings 269 refresher trainings 244 model lessons deliverèd 742 school assessments 143 Quran competitions Community Engagoment.. All 50 plannèd courses for mothers completed,. strong uptake in village-based Character Education Homes. Challènges & Adaptalion: Coordination with government departments required schedule flexibility. Activities were successfully rescheduled and dèlivered across quarters. Su$talnability Stratogy Lifelong teaching capacity built through intensive training Community ownership fostered via volunteerism Scalable model dèsigned for national replication (J'l MedicalCare4Everyone Project Provision of Dialysis Machlnes. Mobile Health Clinlcs MGR has expanded its support to hundreds of individuals and children in need by providing essential medical care through free medical camps in various countries. Our field tèam has organized free medical camps in several locations, including.. Behsud and Chaparhar districts in Afghanistan A ￿0-daY camp for flood-affecled individuals in District Cumilla, Bangladesh Araria district in India Mawewu village in Chiradzulu district Nazar Korona Village in Swabi District, Khyber Pakhlunkhwa IKPKI Gingande-Natinga village in the Upper Region of Ghana These medical camps have facilitated access lo diagnostic services and Irealmenl at no cost for the local populations. The clinics primarily served individuals who are economically disadvantaged and unable to afford primary healthcare services. MUSLIM GLOBAL RELIEF TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The objectives of these free medical camps included providing health consultations, early screenings, disease detection, medication dispensing. and referrals for further treatment in collaboration with local hospitals. Additionally, the initiative aimed lo raise awareness of various medical conditions. Through these efforts, thousands of individuals including women, the elderly, and children have received essential healthcare setvices. Dlalysis Machlnes: Furthemore, MGR has donated three new dialysis machines to Jinnah Medical and Cardia Cenlre, Kharin Pakistan. During the day. three dialysis sessions are conducted on a single machine. Each patienfs dialysis treatment lasls approximately four hours,. however. in some cases, it may extend lo 4 hours and 30 minutes to complete the procedure. This hospital conducts approximately 2,500 dialysis treatments annually. (kl Livelihood Project Many individuals in dèveloping countries possess the skills and motivation to generate an income., however, they often la¢k the opportunities lo ulilize their talents effectively. Al Muslim Global Relief, we are committed to empowering individuals to achieve self-sufficienty. Guided by our faith, we believe that the resources provided by God are a right for all humanity. and we aim lo facilitate access lo sustainable livelihoods that support both individuals and their communities. Our livelihoods projects are tailored to the specific needs of the communities we seNe, ranging from vocational training for young people lo the distribution ol crops and equipment lo farming families. Our livelihood project carrièd out in the following countries.. Bangladesh.. we provided auto rickshaws and boats for fishing Gambia.. provided kitchen gardening material for Lamin Kerrawang women group Lebanon - Syrian refugees.. wé sel up a mini mark&l for needy Syrian refuges which included barber shop. fast food kiosk, Sag bread bakery, luk luk grocery shop Sri Lanka.. Supplied boats for fishing, distributed sewing machines. and operated grocery and vegetable shops Pakistan.. Provided wheel carts stocked with fresh produce {fruils and vegelablesl for sale. The project has enabled individuals lo achieve greater sell-sufficiency and independence, thereby subslanlially improving their quality of life. Through the creation of employment opportunities and support for new business development, the initiative has contributed positively lo the low-income community. Furthermore, it has established a reliable source ol income for those in need, allowing them to adequately support their families. (11 School Building Project A lack of access lo quality education significantly impacts the prospects of children, as they may lack the necessary qualifications and knowledge lo improve their circumstances. In many regions, existing schools often operate wilhoul boundary walls, adequate sanitation facilities, clean drinking water, or proper classroom furniture. Students attending these schools are frequently required lo study outdoors in unsafe environments, leading parents to hesitate lo send their children lo school. MGR is committed lo enhancing the educational environment by renovating and improving existing school facilities across various countries. This project aims lo upgrade infrastructure, thereby supporting the academic and personal development of students. Vve have successfully renovated the Government Primary School in Peeran Bandi village. District Bagh, kad Jamrnu and Kashmir. The project benefits include 55 students comprising 38 boys and 17 girls as well as four faculty members, including teachers. The project entailed the construction of 8 school building designed lo adhere to contemporary educational and safety standards. The scope of work included.. Construction of two classrooms to accommodate students. A staff room providing dedicated workspace for teachers. Two restroom facilities ensuring sanilalion for both students and staff. 11 MUSLIM GLOBAL RELIEF TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 A water supply system providing access lo clean and safe drinking water. Furniture and Equipment.. Provision of essential school furnishings. including desks, chairs, and storage units, to establish a conducive learning environment. The newly constructed school represents a milestone of resilience and hope within the community, offering children a secure environment lo pursue their education and realize their polenlial. This project marks a significant advancement in efforts to rebuild lives and promote socio-econornic development in the region. We also provided school desks to Namilango Primary School in Machinga district Mal8WI. Im) MGR Centre Project MGR constructed accommod81ion and admin blocks at our centre In the VSllage Chah Bilenda, Mouza Kor81 Balouch, Union Council Mongan Wala, Tehsil Kabir Wala. District Khanewal, Pakistan. We are developing the MGR Centre in the 4 Kanals area lo serve the residents of this village and neighbouring communities. The facility includes the construction of a large mosque and a I￿o•stOry madrassa dedicated lo providing Islamic education lo both boys and gir15. Additionally, a Vocational Training Institute for Human Development is underway lo equip residents with valuabl8 skills. A health facility is also being established to offer basic health servI￿s, with completion anticipated soon. An adminislralion building is currently under construction lo facililale the daily operations of the Center. Inl House 8uilding Project MGR SUC￿$$fullY completed a project conslrucling 10 houses in the Malakand district of KPK, Pakistan, lo provide shelter for families displaced by the 2022 floods. The primary goal of this initiative was lo offer housing support lo vulnerable groups, including widows, elderly individuals, persons with disabilities, and other flood-affecl6d populations. Each residence featured a spacious room. open kitchen, and WASH facilities comprising a water well, four toilets, handwashing slalions. and shower rooms. This project has significantly enhanced the living conditions of the beneficiaries by providing them with sale and secure housing, {ol The Collectivè Wedding of 3 Orphan Girls Throu9h our Wedding Project, we partnered with donots to offer vital support lo families experiencing fin8ncial hardships In arranging wedding5 for their daughters and sons, as well as covering associated expenses. The MGR tè3m effectively executed a project in the village of Chattar Plain, District Buttagram, Pakistan, successfully lacililaling three weddings within the area. The wedding gifts distributed comprised essential items including pedestal fans, quality furniture Isuch as wooden beds, chairs, and tables}, dinner sets, flasks, sewing machines, electric irons. blankets, pillows, clothing, and water coolers. (pl Seasonal Projects Qurbani The Qurbani project supplied fresh meal lo individuals in some of the most underserved and remote regions worldwide, where many communities face challenges related lo poverty and food insecurity. The objective was to ensure that these communities with enough food and participate in and celebrate Eid al-Adha alongside millions of Muslims globally. As part of this initiative, we provided fresh meat to these individuals lo support their overall well-being. Throughout the project, thousands of families received Qurbani meal, helping to meet their essential nutritional requirements. Ramadan Vve extended support lo individua15, families, and children in need by providing necessary assistance and offering meals lo those al risk of hunger. Thi5 year, we successfully implemented the Ramadan initiative. benefiting over 70.000 individuals worldwide. Through our iftar program, we distributed essential food par￿lS to families, provided prepared meals, and hosted community iftars during the holy month. 12 MUSLIM GLOBAL RELIEF TRUSTEES REPORT {INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Overall, MGR delivered thousands of hol meals lo those in need. Our outreach efforts were focused on countries such as Pakistan, India, Bangladesh, Malawi. Gambia, Afghanistan, Ghana, Sri Lanka. Iql Feed Me Project Each day, countless families confront the challenge of food insecurity, and regrellably, many are adversely affected in their pursuit of access lo sufficient nourishment. MGR is dedicated lo developing sustainable. long-lerm food solutions for communities in need, whilé also providing immediate, lifesaving interventions during global emergencies. successfully distributed nulritious meals and food parcels to thousands of individuals across multiple regions including Pakistan, Bangladesh, Yemen, Ghana. Sri Lanka, Gambia, and Malawi. We delivered a substantial quantity ol family food packs, ensuring that families had access to nourishing food for an entire month. 5. Flnanclal rovlew Overview The financial year 202412025 presented significant challenges for the charitable sector. and Muslim Global Relief was not immune. Total income increased slightly lo £4,154,95g. from £4.136.333 the previous year. Despite this, our commitment lo delivering life-saving aid and sustainable development remained unwavering. We responded by streamlining operations, priorilising high-impacl projects, and reinforcing our 100010 zakat donation policy. Th8 resilience of our supporters. volunteers, and field teams ensured that we continued lo reach those most in need, even in the face of financial conslrainls. remain deeply grateful for evèry contribution and will continue to Steward resources with transparency, efficiency, and compassion. Income Muslim Global Relief recorded total income of £4.15 million in the financial year ending 31 March 2025, primarily from donations and legacies. This represents a slight increase from the previous year's income of £4.14 million. Key financial highlights.. Over £3.3 milllon spent on direct charitable projects and support costs Charitable activities delivered in Pakistan. Gaza, Malawi. Bangladesh, Yemen, and more Continued commitment lo our 100 /0 zakat donation policy, ensuring donor funds réach those in need The trustees remain confident in the charity's financial sustainability and have adopted robust controls to manage risk and ensure transparency. Surplus and Res•rves Al the c105e of the financial year, Muslim Global Relief allocated £250,000 to our ￿serVeS. These reserves provide a vital buffer against future uncertainties and enable the charity lo maintain operational continuity during periods of fluctuating income. The Iruslee5 are satisfied that the current level of reserves remains adequate to support the charity 5 comrllilrnents and strategic priorities. The Board continue5 to monitor reserve levels in line with ils reserves policy, ensuring that funds are deployed responsibly lo maximise impact while safeguarding the charity's long-lerm suslainabilily. Financlal Health and Sustainabillty Muslim Global Relief remains committed lo sound financial management and long-lerm su5tainabilily. Despite challenging year marked by reduced income and increased operational demands (projects implemented abroad), the charity continues lo maintain a stable financial position, supported by prudent budgeting. effective cost controls, and a clear reserves policy. Tr(Jslees regularly review financial performance and risk exposure to ensure resources are used efficiently and aligned with strategic priorities. The organisalion's ability to deliver high-impact aid while preserving core reserves reflects ils resilience and adaptability in a volatile global environment. MUSLIM GLOBAL RELIEF TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Flnancial rèview Future Outlook As we look ahead, our goal is to maintain our trajectory of growth and impa¢t. Our financial strategy will emphasise.. Diversifying Income Stream$". Expanding our funding sources lo include more individual donors, corporate partnerships, and potential grant opportunities. Enhancing Efficiency.. Streamlining operations to r8duc6 costs while maintaining thè quality of our programs. Muslim Global Relief is currently exploring the potential of ethical investment opportunities-such as stocks, shares and cryplocurrencies-as a means ol genaraling an additional income stream lo support ils long-lem financial sustainability and charitable mission. Con¢luslon In a year marked by economic uncertainly and rising global need. Muslim Global Relief remained sleadfasl in ils mission lo serve vulnerable communities with compassion and integrity. While income decreasèd compared to the previous year, the charity continued lo deliver impaclful aid across multiple regions, supported by strong governance, prudent financial management, and the dedication ol its donors and volunteers. With reserves of £250,000 and a clear commitment lo suslainabilily, MGR is well-positioned lo navigate future challenges. The Iruslee5 are actively exploring ethical investment opportunities to diversify income streams and strengthen long-lerm resilience. As we look ahead, our focus remains on transparency, efficiency. and maximising the reach of every donalion-ensuring that hope, dignity, and support continue to reach those who need it most. Sincerely, Mohammed F. Bashir Chief Financial Officer, Muslim Global Relief Reserves policy It is the policy of the charity that unrestrieled funds which have not been designated for a specific use should be maintained al a level equivalent ID between three and six month's expenditure. The trustees consider that reserves al this level will ensure that. in the event of a significant drop in funding, they will be able lo continue the charity's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained IhroughDuI the year. Major risks 6. Rlsk management and Internal controls MGR maintains comprehensive systems of internal control. financial compliance. safeguarding, coniplainls management, and auditing to effectively manage risks and capi181ise on emerging opportunities. Risk assessment and miligalion are integral to our governance and management processes. Risks are consislenlly reviewed, reported, and addressed at the Board of Directors level, within divisions, and by field teams. We regularly perform risk and assurance assessments in collaboration with senior executive leadership and the Board of Trustees. Our efforts are supported by a comprehensive risk management solution ulilized both in the UK and internationally, enabling a consistent and slandardized approach lo risk monitoring, reporting, and mitigation. This year, we have established a more comprehensive sel of minimum standards for all our projects to strengthen our programmatic approaches. The implemenlalion of the Monitoring, Evaluation, Accounlabilily, and Leaming IMEALI Framework ensures that we design. plan, execute, monitor, and evaluate our projects in a responsible and effective manner. 14- MUSLIM GLOBAL RELIEF TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 7. Overall impact: The year 2Q24-25 was a pivotal period for the MGR, Characterised by notable accomplishments across k&y sectors including food relief, water distribution, education support programs. and infrastructure development. Our committed effort5 have positively impacted millions of individuals by addressing both immediate needs and sustainable solutions, demonstrating the effectiveness of collaboration and efficient resour￿ man8gement. The achievements of our inilialives in 2024-25 highlight the significance of &ffeclive collaborations. MGR is grateful for thè ongoing support from our donors and partners, which has been essential in delivering comprehensive relief efforts and developing impactful programs. Their consistent generosity and dedication have been fundamental in enabling us to assist those in need and make a meaningful, lasting impact. Long-lemi recovery and development are central to our mission. By constructing essential infra51ruclure including schools. water facilities, and community cenlres we have established a foundation for sustainable growth and increased resilience. To ensure the successful execution of our projects, maintaining transparency. accounlabilily, and credibility in our partnerships with organisalions is essential. This approach enables us lo effectively support those in greatest need. Additionally. we are committed lo delivering exceptional service lo our supporters, who rely on us lo achieve our objectives. We successfully conducted a fundraising campaign during Ramadan and Qurbani, achieving thè addition of numerous new donors and supporters worldwide. Their generous contributions have significantly contributed lo enhancing the well-being of underserved individuals and communitiés. 8. Plans for future pèriods As we prepare for 202512026, the continued support of our donors and partners is essential, Maintaining and expanding these inilialives is vital lo delivering impactful assistance lo vulner8ble populations. Our efforts will remain dedicated to providing humanitarian relief, promoting sustainable reeovery. and ensuring lasting positive outcomes. th the airn of fostering engaging and irnlegraled communications. we seek lo bring supporters along on our journey of change, fostering a sense of pride, ownership, and commitment to our mission. A primary objective of these goa15 IS to enhance the organisalion's capacity lo increase revenue. Additionally, we aim lo strengthen our administrative, financial, management, and governance systems to ensure that resources are allocated efficiently and effectively, thereby maximising the impact of our initiatives. Structure, governance and management Muslim Global Relief is a company limited by guarantee Iregislralion number 039048481 and incorporated on 6 January 2000. 11 was officially recognised as a charity on 2 June 2000 Icharily number 10810181. The operations of the company are governed by ils Memorandum & Articles of Association as amended by special resolution. The directors, who also function as the trustees under charity law, are responsible lor the overall management and control of the company and work with other individuals on a voluntary basis. The trustees. who are also the directors for the purpose of company law, and who served during the year and up to the dale of signature of the financial statement5 were.. Mr Mohammed Amin Mr Mohammed Amjad Mr Mohammed Razaque Mr Muhammad Farooq Shah MUSLIM GLOBAL RELIEF TRUSTEES REPORT {INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Recruitment and appointmgnt of trus18es Trustees are appointed in accordance with the conslilulion of MGR. Upon appoinlmenl. trustees undergo comprehensive training and receive relevant information which Includes a presentation providing background information on the charity. literature on previous projects undertaken by MGR, copies of previous annual reports, and access to the organisalion's website. Trustees are also provided with informative publications such as The Essential Trustee.. Vlthal you need lo know, The Essential Trustee.. An introduction, The Hallmarks of an Effective Charity, Payment of Charity Trustees, Charity Reporting and Accounting. The trusl8es have continuously stayed apprised of their roles and responsibilities, confident in the knowledge that appropriate controls are in place and functioning effectively. This allows trustees lo focus their efforts on optimising the cash flow of the charity, They regularly assess the major risks lo which the charity may be exposed and irnplement policies and systems to mitigate these risks. The trustees acknowledge and appreciate the significant amount of lime volunteered by individuals lo support the charity in raising funds. The volunteers have madè significant contributions lo the success of MGR with their limited expertise in fundraising. They have been provided with professional development opportunities throughout the year and have applied the skills and experience gained from their respective fields of work lo assist thè charity in achieving its financial targets for the current fiscal year. All fundraising events are meticulously planned to ensure that the cost of the events does not surpass the funds raised, Our dedicated volunteers, who always carry appropriate idenlificalion, regulady collect sealed collection boxes. These boxes are opened in the presen￿ of at least one trustee or charity manager. The collection of boxes 1$ consislenlly carried out by the same group of volunleersltruslees, thereby allowing shopkeepers and other individuals supporting the charity lo become familiar with them and helping lo prevent the distribution of MGR boxes lo other organisalions or fraudulent collectors. All fundraising activities conducted thus far have been thoroughly tested, minimising the associated risk. Additionally, the volunteers involved in these activities are well-trained and experienced in the systems utilized by the charity. Statement of trustees r•sponslbllltles Thè trustees, who are also the directors of Muslim Global Relief for the purpose of company law, are responsible for preparing the Trustees Report and the financial slalemenls in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Iruslees to prepare financial statements for each financial year which give a true and lair view of the slate of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year. In preparing these financial slalements, the trustees are required lo.. select suitable accounting policies and then apply them consislenlly., observe the methods and principles in the Charities SORP., make judgements and eslimales that are reasonable and prudent., and prepare the financial slalemenls on the going concern basis unless it 15 inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy al any time the financial position of the charity and enable them lo ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection ol fraud and other irregularities. Auditor In accordance with the company's articles. a resolution proposing that Xeinadin Audit Limited be reappointed as auditor of the company will be put al a General Meeting. 16- MUSLIM GLOBAL RELIEF TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT AND STRATEGIC REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The trustees report, including the strategic report, was approved by the Board of Trustees. Mr Mohammed Razaque Trustee 1811212025 Date.. MUSLIM GLOBAL RELIEF INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF MUSLIM GLOBAL RELIEF Opinion We have audited the financial statements of Muslim Global Relief Ithe 'charity'l for the year ended 31 March 2025 which comprise the statement of financial aclivilies, the balance sheet, the slalement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 Th8 Financial Reporting Standard applicable in lh8 UK and Republic of Ireland Iuniled Kingdom Generally Accepted Accounting Practi￿1. In our opinion, the financial statements.. give a true and fair view of the state of the charitable companys affairs as at 31 March 2025 and of its incoming resources and application of resources, for the year then ended., have been properly pr8pared in accordance with United Kingdom Generally Accepted Accounting Practice,. and have been prepared in accordance with the requirements of the Companies Act 2006. Basls for opinlon We conducted our audit in accordance with Inl8rnational Standards on Auditing IUKI IISAS {UKII and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financi81 statemenls section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial slatemonls in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. Vve believè that the audit evidenc& we have obtained is sufficient and appropriate lo provide a basis for our opinion. Con¢luslons relatlng to golng Concern In auditing the financial statements, we have concluded that the trustees use of thè going concern basis of accounting in the preparation of the financial slalemenls is appropriate. Based on the work we have performed. we have not identified any material uncertainties relating lo events or conditions that, individually or collectively, may ca51 significant doubt on the charity's ability lo continue as a going concern for a period of at18ast ￿e1ve months from when the financial statements are aulhorised for issue. Our responsibilities and the responsibilities of the Iruslees with respect to going concern are described in the relevant sections of this report. Other information The other information comprises the information included in the annual report olher than the financial statements and our auditor's report Ihereon. The Iruslees are responsible for the other information contained within the annual report. Our opinion on the financial slalemenls does not cover the other information and we do not express any form of assurance conclusion Ihereon. Our responsibility is to read the other infomalion and, in doing $0. consider whether the other information is materially inconsistent with the financial slalemenls or our knowledge obtained in the course of the audit, or otherwise appears lo be materially misslaled. If we identify such material inconsistencie5 or apparent material misslalemenls, we are required to determine whether this gives rise to a material mi5slatement in the financial slalemenls themselves. If, based on the work we have performed. we conclude that there is a material misslalement of this other information, we are required to report that fact. We have nothing lo report in this regard. Matters on which we are requlred to report by exception We have nothing lo report in respect of the following matters in relation to which the Charities {Accounls and Reports} Regulations 2008 requires us lo report lo you if, in our opinion.. the information given in the financial slalemenls is incon51Stenl in any material respect with the trustees report., or sufficient accounting record5 have not been kept, or the financial slalemenls are not in agreement with the accounting records". or we have not received all the information and explanations we require for our audit. MUSLIM GLOBAL RELIEF INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF MUSLIM GLOBAL RELIEF Responslbilities of trustees As explained more fully in the slalemenl of trustees responsibilities, the trustees, who are also the directors of the charity for the purpose of company law. are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view. and for such intern21 control as the trustees determine is necessary to enable the preparation of financial slalemenls that are free from material mi55talement, whether due lo fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity's ability lo continue as a going concern, disclosing, as applicable, matters related lo going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative bul lo do so. Audltor's responslbilities for the audit of the financial statements We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder. Our objectives are lo obtain reasonable assurance about whether the financial slalemenls as a whole are free from material misslalemenl, whether due lo fraud or error, and lo issue an audilorfs report that include5 our opinion. Reasonable assuran￿ is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAS IUKI will always delècl a material misslalement when it exists. Misslatemenls can arise from fraud or error and are considered material if, individually or in the aggregate. they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial slalemenls. The extent to which our procedures are capabl8 of delecling irregularities, including fraud. is detailed below,, Our approach lo identifying and assessing the risks of material misslalemenl in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows.. the engagement partner ensured that the engagement team collectively had the appropriate competence. C8pabilities and skills to identify or recognise non-complianc8 with applicable laws and regulations., we identified the laws and regulations applicable lo the company through discussions with directors and other management, and from our commercial knowledge and experience of the sector., we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company. including the Companies Act 2006, taxation legislation and data protection. anti-bribery. employment and health and safely legislation., we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence., and identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout thè audit. We assessed the susceptibility of the company's financial slalements to material misslalemenl, including obtaining an understanding of how fraud might occur, by.. making enquiries of management as to where they considered there was susceptibility lo fraud, their knowledge of actual, suspected and alleged fraud., and considering the inlemal controls in place lo mitigate risks of fraud and non-compliance with laws and regulations. 19- MUSLIM GLOBAL RELIEF INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF MUSLIM GLOBAL RELIEF To address the risk of fraud through management bias and override of controls, we.. performed analytical prO￿dureS to identify any unusual or unexpected relalion5hips., tèsted journal entries lo identify unusual Iransaclions., assessed whether judgements and asstjmplions made in determining the accounting estimates were indicative of potential bias," and investigated the rationale behind significant or unusual transactions. In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, bul were not limited lo.. agreeing finanaal statement disclosures to underlying supporting documenlalion.. reading the minutes of meètings of those charged with governanc6', enquiring of management as lo actual and potential litigation and claims., and reviewing correspondence with HMRC. relevant regulators including the Health and Safety Executive, and the company's legal advisors. There are inherent limitations in our audit procedures described above. Auditing standards also limit the audit procedures required lo identify non-compliance with laws and regulations lo enquiry of the directors and other management and the inspection ol regulatory and legal correspondence, if any. Material misslalemenls that arise due lo fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion. A further description of our responsibilities 15 available on the Financial Reporting Council's w8bsile at.. http5'.11 www.frc.org.uklaudilorsresponsibilities. This description forms part of our auditor's report. Use of our report This report is made solely to the charity's trustees, as a body. in accordance with Part 4 01 the Charities (Accounts and Reports} Regulations 2008. Our audit work has been undertaken so that we might state lo the charity's trustees those matters we are required to slate to them in an auditor's report and for no other purpose. To the lullesl extent pemitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity's Iruslees as a body. for our audit work, for this report. or for the opinions we have formed. PKQ Farook Patel FCA {Senior Statutory Auditor} For and on behalf of Xeinadin Audit Limited, Statutory Auditor Chartered Accounlanls Ground Floor, Cilygate Longridge Road Preston Lancashire PR2 5BQ United Kingdom Xeinadin Audit Limited is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006. -20- MUSLIM GLOBAL RELIEF STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOMEAND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestrlcted Restricted funds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2024 Total 2025 2024 Notès In¢ome from: Donations and legacies 3,567,494 587,485 4,154,959 3,619.600 516,733 4,136,333 Total Income 3,567,494 587,465 4,154,959 3,619,600 518,733 4,136.333 Expendlture on". Raising funds Charitable activities 979.210 3,147.666 979,210 402,362 3,550,028 750,660 2,351.243 750,660 459,563 2,810,806 Total expendlture 4,128,876 402.362 4,529,238 3,101,903 459,563 3,561.468 Nel gainslllossesl on investments 12,5711 12,5711 Net Incomellexpendituro) and movement in funds 1561,9531 185,103 1376.8501 517,697 57,170 574,867 Reconciliation of funds.. Fund balances at 1 April 2024 1,478,510 58,575 1,537,085 960.813 1.405 962,218 Fund balances at 31 March 2025 916,557 243,678 1.160,235 1,478,510 58,575 1,537,085 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing aclivilies. 21 MUSLIM GLOBAL RELIEF BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Notes Flxed assets Tangible assets Investments 11 12 136.061 36,903 138,667 172,964 138,668 Current assets Debtors Cash at bank and in hand 13 268,589 731,308 230.449 1,177.714 999,897 1,408,163 Creditors., amounts falllng due wlthln ono year 14 {12,6261 19,746} Net Current assets 987,271 1.398,417 Total assets less Current Ilabllltles 1,160.235 1,537,085 The funds of the Charity Reslricled income funds Unreslricled funds 16 17 243,678 916,557 58,575 1,478,510 1,160,235 1,537,085 The company is enlilled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006. for the year ended 31 March 2025. The directors acknowledge their responsibilities for complying with the requirements ol the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The members have not required the company lo obtain an audit of ils financial statements under the requirements of the Companies Act 2006. lor the year in question in accordance with section 476. These financial slalemenls have been prepared in accordance with the provisions applicable to companies subject lo the small companies regime. 1811212025 The financial slalements were approved by the trustees on fvr Mr Mohammed Razaque Trustee Company registration number 03904848 IEngland and Wales) 22- MUSLIM GLOBAL RELIEF STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Notes Cash flows from operating actlvities Cash labsorbed byllgeneraled from operations 21 (402,8881 483,919 Investing activitl•s Purchase of tangible fixed assets Proceeds from disposal of subsidiaries Purchase of other investments 14,0451 119.6001 139.4731 Net cash used in Investlng activities 143,5181 {19,599} Not cash gènerated from flnan¢lng activitlos Net (decrease}Ilncrea8e In cash and cash equivalènts 1448,4061 444,320 Cash and cash equivalents at beginning of year 1.177,714 733,394 Cash and cash equlvalents at end of year 731,308 1.177,714 -23- MUSLIM GLOBAL RELIEF NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles Charity information Muslim Global Relief is a private company limited by guarantee incorporated in England and Wales. The registered office is 124 Manchester Road, Nelson, Lancashire, BB9 7AQ, United Kingdom. 1.1 Accounting conventlon The financial statements have been prèpared in accordan￿ with the charity's governing document. th6 Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP Accounting and Reporting by Charities.. Slalement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" The charity is a Publi¢ Benefit Enlily as defined by FRS 102. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been preparèd under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Going con¢•rn At the lime of approving the financial statements. the Iruslees have a reasonable expectation that the charity has adequate resources lo continue in operational existence for the foreseeable future. Thus th8 Iruslees continue to adopt the going concern basis of accounting in preparing the financial slalements. 1.3 Charltable funds Unrestricted funds are available for use al the discretion of the Iruslees in furtherance of their charitable objectives. Reslricled funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the reslricled funds are set out in the notes lo the financial slalements. Endowment funds are subject to specific conditions by donors that the capital musl be maintained by the charity- 1.4 Income Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation lo donations received under Gift Aid or deeds of covenant is recognised al the time of the donation. Legacies are recognised on receipt or otherwise if the charity ha3 been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. Income from the restricted grant is recognised when charity has entitlement lo the funds, any pertormance conditions attached to the grants have been met. il is probable that the income will be received and the amount and be measured reliably and is not deferred. Voluntary income is received by way of grants. donations and gifts and is included in full in the statement of financial activities when receivable. Grants where enlillemenl is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled lo the grant. 24- MUSLIM GLOBAL RELIEF NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting poll¢ies (Continued) Donated services and facililies are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included. Gifts donated for resale are included as incoming resources within activities for generating funds when they are sold. 1.5 Expendlture Expenditure is recognised On￿ there is a legal or constructive obligation lo transfer economic benefit lo a third party, il is probable that a transfer of economic benefits will be required in selllement, and the amount of the obligation can be measured reliably. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of th8 expenditu￿ to which it relates. Expenditur8 on raising funds includes the costs of all fundraising activities. events. non- charitable loding activities. and the sale of donated goods. Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management. Support costs include governance costs. Governance costs include those costs associated with meeting the constitutional and Slalulory requirem&nls of the charity and costs linked lo the strategic management of the charity. All costs are allocated lo expenditure categories reflecting the use of the resource. Direct costs attributable lo a single acty'vily are allocated directly to that aclivily. Shared costs are apportioned be￿een thè activities Ih8y contribute lo on a reasonable, justifiable and consislenl basis. 1.6 Tangible flxed assgts Tangible fixed assets arè initially measured al cost and subs8quently measured al cost or valuation, nel of depreciation and any impairment losses. Depreciation is recognised so as lo write off the cost or valuation of assets less their residual values over their useful lives on the following bases.. Freehold land and buildings Fixlures and fittings Motor vehicles 20/0 per annum slraighl line basis 150/0 per annum slraighl line basis 25.10 per annum 51raighl line basis The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carryin9 value of the asset, and is recognised in the slalemenl of financial aclivilies. 1.7 Fixed asset investments Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured al fair value al each reporting dale. Changes in lair value are recognised in net incomellexpenditurel for the year. Transaction costs are expensed as incurred. A subsidiary is an entity controlled by the charity. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from ils activities. 1.8 Impairment of fixed assets Al each reporting end dale. the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is eslimaled in order to determine the extent of the impairment loss lif any). -25- MUSLIM GLOBAL RELIEF NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng policies (Continued) 1.9 Cash and cash equlvalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.10 Flnanclal Instruments The charity has elected lo apply the provisions of Section 11 'Basic Financial Inslrumenls, and Section 12 'Other Financial Instruments Issues. of FRS 102 to all of ils financial inslrumenls. Financial instruments are recognised in the charity's balance sheet when thè charity becomes party lo the conlraclual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial slalemenls, when there is a legally enforceable right lo sel off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic finanelal assets Basic financial assets, which include debtors and cash and bank balan￿s, are initially mèasured at transaction price including transaction costs and are subsequently carried al amortised cost usin9 the effective interest method unless the arrangement constitutes a financing Iransaclion, where the transaction is measured al the present value ol the future receipts discounted al a market rale ol interest. Financial assets classified as receivable within one yèar are not amortised. Basic financlal liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement Constitutes a financing transaction, where the debt instrument is measured al the present value of the future payments discounted at a market rale of interest. Financial liabilities classified as payable within one year are not amortisèd. Debt instruments are subsequently carried al amorti'sed cost, using the effective interest rate method. Trade oredilors are obligations to pay for goods or services that have been acquired in the ordinary oourse ol tsperations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not. they are presented as non-currenl liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using Ihe effective interest method. Deyecognltlon of financial liabilitles Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. 1.11 Taxation The charity is exempt from corporation tax on it5 charitable aclivilies. 1.12 Employee bonefits The cost of any unused holiday entitlement is ￿CogniSed in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed lo terminate the employment of an employee or lo provide termination benefits. 1.13 Retirement benefits Payments to defined contribution retirement benefit schemes are charged as an expense a5 they fall due. 26- MUSLIM GLOBAL RELIEF NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 A¢¢ounting policies Contlnuedl 1.14 Investments Gryplocurrency assets are classified as investments as they are non-monelary assets without physical substance. They are initially recognised al fair value at the date of receipt. Subsequent to initial recognition. the assets are measured at fair value at the reporting date. 1.15 Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at Ihe discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by th8 donor or when funds are raised for particular rèstricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 1.16 Hlre purchase and leaslng commltments Rentals paid under operating leases are charged to the Statemént of Financial Activities on a straight liné basi$ over the period ol the lease. Income from donatlons and lègaclès Unrestricted Restricted funds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2024 Total 2025 2024 Donations and gifts Donated goods and seNices 3,528.021 587,465 4.115,486 3,619,600 516,733 4,136,333 39,473 39,473 3,567,494 587,465 4.154,959 3.619,600 516,733 4,136,333 Expenditure on raising funds Unrestrlcted Unrestrl¢ted funds funds 2025 2024 Fundralsing and publicity Staging fundraising events Advertising Other fundraising costs 31,959 935,583 11,668 1.992 704,089 34,482 979,210 740,563 Investment management 10,097 Total costs 979.210 750,660 -27- MUSLIM GLOBAL RELIEF NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expènditure on charltable actlvltles Charitable Charitable expenditure expenditure 2025 2024 Direct costs Charitable expenditure Charilable support costs 2,606,482 697,200 1,797,395 865,650 3,303.682 2,663,045 Share of support and governance costs {saè noto 51 Support 246,346 147.761 3,550,028 2.810.806 Analysi5 by fund Unrestricted funds Restricted funds 3,147.666 402,362 2.351,243 459,563 3.550,028 2,810,806 Charitable Projects Direct costs Charitable Suppo costs otal ¢haritablo ex enditure 2025 otal ¢harilabl xpendlture 2024 f hanistan Ban ladesh Gambia Gaza Ghana Inéia Lebanon Malawi Pakistan Sri Lanka 16,710 69,714 14,531 5,001 86,720 73.629 22.603 97,996 743,480 6,691 17,420 1,411,986 ,470 18,648 3.887 1,338 23.197 19,695 6,046 26,213 198,871 12.489 ,660 377,688 1.180 8,362 18,418 ,339 109,917 93,324 8,649 124.209 42,351 59,181 2,080 1,789,674 9,265 273,081 53,306 185.904 5.134 47.677 36,675 105,204 1,349,828 119,583 4,145 ,712 24,530 2.663,045 emen UK Morocco Total 2,606,481 697,200 3.303.681 28- MUSLIM GLOBAL RELIEF NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Support costs allocated to activities Charitable expenditure 2025 Total 2024 Staff costs Depreciation Rates and water Insurance Light and heat Telephone and computer costs Postage and slalionery Motor vehicle and Iravelling costs Repairs and maintenance 8ank charges Subscriptions Sundries Governance 64.025 6,651 404 6,115 3,071 55,310 898 7.450 712 71,086 14,484 3,191 12,949 53.086 6.045 540 3,288 1,913 3,890 1,466 14,508 264 44,209 7,370 1,522 9.660 246,346 147,761 2025 2024 Govèrnance costs comprise.. Audit fees Accountsncy 7,200 5,749 7,200 2,460 12,949 9,660 Net movement in funds 2025 2024 The net movement in fvnds is stated after chargingllcredilingl.. Fees payable for the audit of the charity's financial statements Depreciation of owned tangible fixed assets 7,200 6,e51 7.200 6,045 Trustees None of the trustees lor any persons connected with them) received any remuneration or benefits from the charity during the year. 29- MUSLIM GLOBAL RELIEF NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Employeos The average monthly number of employees during the year was.. 2025 Number 2024 Number UK Staff Employment costs 2025 2024 Wages and salarie5 Social security costs Other pension costs 54,058 7,330 2,637 45.104 5,898 2,284 64,025 53,086 There were no employees whose annual remuneration was more than £60,000. Galns and losses on Inv8Stment8 Unrestrlcted Unrèstrlcted fund8 funds 2025 2024 Gainslllosses) arising on.. Revaluation of investments 12,5711 10 Taxatlon The charity is exempt from taxation on ils activities because all its income is applied for charitable purposes. -30- MUSLIM GLOBAL RELIEF NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 11 Tangible fixod assets Freehold land Flxtures and and bulldSn98 fittings Motor v•hlcles Total Cost At 1 April 2024 Additions 190,409 84,648 4,045 5,005 280,062 4,045 At 31 March 2025 190,409 88,693 5,005 284,107 Depre¢iatlon and Impalrment At 1 April 2024 Deprèciation charged in the year 58,881 3,723 77.509 2,928 5,005 141,395 6,651 At 31 March 2025 62,604 80,437 5.005 148,046 Carrylng amount At 31 March 2025 127,805 8,256 136.061 Al 31 March 2024 131,528 7,139 138,667 12 Fixed asset Invostments Cypto Other currency Inv?slments Totsl Cost or valuation At 1 April 2024 Additions Valuation changes 39,473 12,5711 39,473 12.5711 At 31 March 2025 36,902 36,903 Carrylng amount At 31 March 2025 36,902 36.903 At 31 March 2024 2025 2024 Other investments comprise.. Notes Investments in subsidiaries 20 31 MUSLIM GLOBAL RELIEF NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 13 Debtors 2025 2024 Amounts falling due within one year: Other debtors Prepayments and accrued income 265,427 3,162 227,498 2,951 268,589 230,449 14 Creditors.. amounts falling due within one year 2025 2024 Other taxation and social security Accruals and deferred income 206 12,420 208 9,540 12.626 9,746 15 Retlr•ment beneflt schemes 2025 2024 Defln•d contrlbutlon schemes Charge lo profit or loss in respect of defined conliibution schemes 2,637 2,284 The charity operat88 a defined contribution pension scheme for all qualifying employeès. The assets of the scheme are held separately from those ol the charity in an independently administered fund. 16 Restricted funds The restricted funds relate to Zakat funds held by the charity, Zakat funds are expended by the charity for various categories and purposes such as removing human suffering, provide shelter, clothing and food. clean water, providing education facilities and lo help the needy. At 1 April 2024 Incoming resources Resources At 31 March expended 2025 Zakat 58,575 587,465 1402,3621 243.678 Previous year: At 1 Aprll 2023 Incoming resources Resources At 31 March expended 2024 Zakat 1,405 516,733 1459,563> 58,575 32- MUSLIM GLOBAL RELIEF NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 17 Unrestricted funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the Iruslees for specific purposes, At 1 Aprll 2024 Ineomlng resources Re$our¢es expended Gains and At 31 March losses 2025 General funds 1.478,510 3,567,494 14,126,876) 12,571} 916,557 Prevlous year: At 1 April 2023 Incoming resourcos Resources expended Gains and At 31 March losses 2024 General funds 960,813 3,619,600 (3.101,9031 1,478,510 18 Analysls of net assets between funds Unrestrl¢ted funds 2025 Restrl¢ted funds 2025 Total 2025 At 31 March 2025: Tangible assets Inv8Stmenls Current asselsllliabilities) 136,061 36,903 743.593 136,061 36,903 987,271 243.678 916,557 243,678 1.160,235 Unrestricted funds 2024 Restricted funds 2024 Total 2024 At 31 March 2024: Tan9ible assets Investments Current asselsllliabilitiesl 138,867 138,667 1,339,842 58,575 1.398,417 1.478,510 58,575 1,537,085 19 Related party transactions There were no disclosable related party transactions during the year12024 - none). 33- MUSLIM GLOBAL RELIEF NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 20 Subsldlaries Details of the charity's subsidiaries al 31 March 2025 are as follows.. Name of undertaking Reglstered office Nature of business Class of shares held /ty Held Direct Indlr¢ct Dezyre Ltd 124 Manchester Retail sale of clothing in Road, Nelson. specialised stores Lancashire, BB9 7AQ Ordinary 100.00 The aggregate capital and reserves and the result for the year of subsidiaries excluded from consolidation was as follows.. Namo of undertaklng Profltl{Lossl Capitsl and Reserves Dezyre Ltd 11,2921 4,004 21 Cash (absorbed byllgeneratod from operatlons 2026 2024 ID8ficit}Isurplus lor the year 1376,8501 574,887 Adjustments for: Fair value gains and losses on investments Depreciation and impairment of tangible fixed assets 2,571 6,651 6,045 Movements In working capltal: Ilncreas8} in debtors Increase in creditors 138,1401 2,880 1117,593) 600 Cash labsorbed by)Igenerated from operations 1402,888} 463,919 34-