CHARITY REGISTRATION NUMBER: 1082055 Madina House Trust Unaudited Financial Statements For the year ended 31 December 2024 SAK2020 LTD. Chartered Certified Accountants Broadway House Broadway Cardiff CF24 1PU Madina House Trust Financial St3tpmants Year ended 31 December 2024 Page Trustees, annual report Independent examineffs report to the trustees Statement of financial activities (including income and expenditure account) Statement of financial position Notes to the financial statements The following pages do not fomi part of the financlal statements Detailed statement of financial activities 13 Notes to the detailed statement of financial activities 14 Madina House Trust Truotr¢¥ko' AnniiJ! Reportr Year ended 31 December 2024 The Iruslees present their report and the unaudited financial 51alements of the charity for the year endèd 31 December 2024. Report of the trustees for the year ended 31st Decernber 2024 The trustees have the pleasure in p￿sentIng their report for the year ended 31st December 2024. This report is prepared in accordance with Ihe Trust Deed and the recommendalK)ns of the Statement of Recommended Practice - Accounting and Reporting by Charities. and complies with applicable law. Refe￿nce and adminislrative details Registered charity name m￿Ina House Tnjsl Charity registration number 1082055 Company registration number Principal office and registered The trustees Mr K Mustafa Prof S Kidwai OBE Dr Z Khan Dr M Hasan M8E Independent examiner SAK2020 Ltd. Chartered Certified Accountants Broadway House Broadway Cardiff CF24 1PU Madina House Trust Trustees, Annual Report (co*!•.ryy Year ended 31 December 2024 Objectives and activities Conslilulion and objects The council, which 15 a recognised charity in England and Wales. is operated under Ihe rules of ils Trust Deed dated 24th Juty 2000. The principal object of the Charity is to provide safer environment lo the distress and troubled youngster5 and wornen, provide counselling and psychological stimulats'on lo such individuals. Help and support such projects with Similar goals. Trustee's tesw)nsibilities The charity's trustees are osponsible for the PTeparalion of the a¢couAls. The charity's Iruslees consider that an aud(t is not required for this year lunder section 4312} of the Charities act 19931 an that an independent examination is needed. 11 is our responsibility to.. Examine the accounts (under section 4313}(al of the 1993 Acll ' To follow the procedures laid dc)wn In the General Direclions given by the Charity Commissioners lunder secbon 43171(b) if the 1993 Act)," and To slate whether particular allenlion have come lo my attention. Risk Management The Trustees assessed the nsk to which the charity exposed, in particular those relalerj lo the operations and finances of the Counal and are sab"sfied thal systems are in pla￿ lo mitigate our exposur& to the major risks. Introduction In the last six months we have wntinued to provide essential support to vulnerable women, youths an(J children. Our methods have included counselling. advocacy, befriellding and mediation. Prior to inleNention. we've conducted assessments to better understand the need5 of each individual client or family. This has enabled us lo plan and implerrEnt effects.ve supporL Many clients who come lo us for support are facing a crisis, feeling hopeless and unable lo move forward. They often experience sui¢idal thoughts and may have made attempts lo end their lives due lo feelings of isolation and fear of being judged. Counselling We have supported a number of women and young girls through our counselling service. of the issues Ihey face afe cornplex, necessitating a petson cenlred approach. Later in the treatment pro￿sS. cognitive behavioural therapy and spiri(ual guidance are used to promote self-emFK)wermenl. We help these individuals lo r￿ain their selfesleem and confidence in their ability lo make posilive choices as well as to build resilience against fiJlure challenges by te￿hIng them new. healthy coping slralegies for management of emotions and thoughts. Advocacy This service has helped many women and youny girts to access other ServI￿S and feel confident ihal they are being supported and empowered. Some have used Ihis Servi￿ lo help them access benefits. understand budgeting, create CVS. engage wth bu51ness or organisalions via written communication and obtain information they would not otherwise have access to. Below are examples of clients that have been supported in thi5 way. Beftiending Our befrienders provide one to one emotional support and mentoring lo clients. This serviee helps women lo feel they are not alone and gives them something to look fojward lo once a week. All of our clients who access this service feel they have a point of contact lo discuss any low level needs that they may have. They feel confident knowing someone is with them lo go to places and lake part in activities. The befrienéers help clients to feel part of the community by connecting them with community events or gatherings. Clients feel they have a associate that they can confide in but al the same time are aware of and respect professional boundaries. Mediat￿n Many of the above ServI￿S have an embedded element of mediatK)n. When providing counselling to Madina House Trust Trustetss. Annual Report /.-->nu￿) Year ended 31 December 2024 women, there may be a need lo mediate betsveen her and her husband or another famijy member lo help resolve the situation. Al times the mediatson can take place be￿een a parent and their child or the client and another service l organisat"on. Spiritual support Many Clients are looking for guidance lo help them become focused in life and want direction on how to deal with challenges they face from a faith based perspective. This Is where spiritual guidance and explanations can help clients feel ￿nn￿ted to whal they believe in and improve their wellbeing and the likelihood of success in long term improvements. Seren FaGh Our mother and toddler group continues to provide supwrt for mums and help them feel confident in caring for their childlchildren. This group has becorne a peer support group and a plaGe where mum5 call share information and support each other on issues which afe culturally sensitive. There is an element of emotional support where they are able to listen to each others concerns. I would like to take this opportunity to thank members of my executive committee. the central working committee and the community for their support. advice. guidan￿ and sheer belief and commitment in our work. I thank Allah SM for His mercy on us and pray that He accepts Ihe work of His servants striving lor the bettertnenl of His creation_ We would also like to thank our fellow trustees. voluntèers and the comtnunity for their support. encouragement. advice. guKlan￿, assistan￿ and constructive criticism. Madina House Trust supports Community Care and Wellbeing Services ICCAWS}, a CIO based In Wales who provide the aforementioned services. Madina House Trust provides approximately £24,OCYJ in financial SUPFMJrt to CCAWS, to assi51 in covering salaries and volunteer's expense5 Small company provisions This report has been prepared in accordance with the provisions applicable lo companies entitled to the small comparsies exemplion. The trustees. annual rewrt was approved on .............................. and signed on behalf of the board of Iruslees by.. Profs Kithai OBE Trustee Drm" asan MBE Trustee Madina House Trust Indep¢*nAan+ FYJmDnar'o Rannrt to tb.ts Tnio+ees Year ended 31 December 2024 We report lo the trustees on our examinat￿n of the financial statements of Madina House Trust I'the charity'l for the year ended 31 December 2024. Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparabon for the accounts. The chanty's trustees consider that an audit is nol req(Jired for the year l under section 4312}of Ihe Charities act 1993 (the 1993 Acto and that an independent examinab.on is needed. It is our responsibility to '. _Examine the accounts (under section 43131{alof the 1993 Act) -To follow the procedures liad down in the General Directions given by the Charity Commissioners lunder section 43171(bl of the 1993 Actl- and -To stale whether particular point have corne to our attention Independent examinerfs stst¢ment In Connection with t>ur examinab'on. on matter has come lo our attenb"on" which given us reasonable cause to believe that in any material respecl the requirements-To keep accounting records in accorclance with section 41 of the 1993 Acl- and-To prepare accounts which accord with the accounting records and comply wrth the accounting requirements of the 1993 Act. 2. To which, in our opinion, attention should te drawn in order to enable a proper understanding of the accounts to be reached. Independent Examiner SAK2020 Ltd. Chartered Certified A¢countants Broadway House Broadway Cardiff CF24 1 PU Madina House Trust Statement n! Finsntria! Att.tivjti¢h¢ (including income and expenditure account) Year ended 31 December 2024 2024 Unrestricted funds Total funds Total funds 2023 Note Income and endowments Other income 68.950 68,950 55,790 Total income 68,950 68,950 55.790 Exponditure Expenditure on raising funds.. Costs of raising donations and legacies Total expenditure 55.470 55,470 37.903 55.470 55,470 37,903 Nèt income and net movement in fvnds 13.480 13.480 17,887 Reconclllatlon of funds Total funds brought forward Total funds carried forward 947,062 0,542 947,062 929,175 947.062 960,542 The slalement of financial aclivsties includes all gains and losses reec￿nISed in the year. All income and expenditure derive from continuing ath"vitie5. The notes on pages 7 10 11 fomi part of tr*se financial ststements. Madina House Trust tatOme4nt of Finanpia! Prtoitinn 31 December 2024 2024 2023 Note Fixed asseis Tangible fixed assets 891.084 891,084 Current assets Cash al bank and in hand 69.858 56,178 Creditors: amounts falling due within one year Net current assets 400 200 69,458 55,978 Total assets le$s current liabiltties 960,542 947,062 Net assets 960,542 947,062 Funds of the eharity Unrestricted funds 0,542 947,062 Total eharity funds 0,542 947,062 For the year ending 31 December 2024 the charity was entitled to exempts.on from audit under section 477 of the Companies Act 2006 relating lo small companies. Trustees, responsibilities.. The members have not required the company to obtain an audit of ils financial statements for the year in quesb'on in accordan￿ with section 476: The trustees acknowledge th￿r responsibilities for complying with the requirements of the Act with respect to accounting re￿rdS and the piepaiab.on of financsal statements. These financial statements have been prepared in accordance wilh the provisions applicable to cornpani8s subject to the small companies, regime These financial statements were approved by the board of trustees and authorised for issue on and are signed on behalf of the board by.. LOL Prof S Kidwai OBE Trustee Drm" asan MBE Trustee The notes on pages 7 to 11 forni part of these financial statements. Madina House Trust Notes to th• Finantr.!a! _q•*+am¢hnt* Year ended 31 December 2024 ststement of compliance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in Ihe UK and the Republic of Irel8nd', the Statement of Recommended Practi￿ applicable lo charities preparing their accounts in accordance with the Financial ReFX)rting Standard appl￿ble in Ihe UK and RepublK of Ireland IFRS 1021 (Charities SORP IFRS 1021) and the Companies Act 2006 Accounting policies Basis of preparation The financial statements have been prepared on the historical cost basis. as modified by the revaluation of certain financial asset5 and liabilities and investment properties measLJred at fair value through income or expenditure. The financial stslements are prepared in sterfing, which is Ihe funcb'onal currency ofthe entity. Going concern There are no material uncertainties about the charity's ability lo continue. Fund a¢¢ounting Unrestrictèd funds are available for use al the discreb.on of the trustees lo further any of the charity's purposes. Designated fund5 are unrestricted funds earmad(ed by the Irustees for particular future project or comrnitmenl. Restricted funds are subjected to restrictions on their exFendi(ure declared by the donor or through the terms of an appeal. and fall into one of two sutkclasses". reslricled income funds or endowment funds. Incoming resourees AJI Incoming resources are included in the slalemenl of financial aclivilses when entrtlemenl ha5 passed lo the charity". it is probable Ihal the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The lollowing specific policies are applied to particular categories of income- income from donations or grants is recognised when there is evidence of entitlement lo the gift, receipt is probable and ts amount can be measured ielkibty. legacy income Is recognised when receipt is probable and enlidemenl is eslablished. income from donated gwds is measured at the fair value of the goods unless this is impractical to measure teliably, in which case the value is derived from the cost to the donor OT the estimated resale value. Donated facilities and services are recognised in the accounls when re￿iVed if the value can reliably measured_ No amounls are included for the contribution of general voluntee[5. incorne from contracts for the suppty of servi￿5 15 recogni*d with the delivery of the contracted service. This Is class'ffied as Un￿s1￿cled ftFnds unless there is a contractual requirement for il lo be spent on a particulai purpose and relumed il unspent, in which case it may be regarded as restricted. Madina House Trust Notes to Lho Financ.•#! .Statem.pntS {cc4tinue¢ Year ended 31 December 2024 AcGounting policles {COnflnuedJ Resources expended Expenditure is recognised on an acctuals basis as a liability is i￿Urred. Expendilure Includes any VAT which cannot be fulty recovere(I, and is classified under headings tsf the statement of financial aGtivilies lo which it re&tes'. expenditure on raising funds Indudes the costs of all fundraising actwities, events, non-charitable trading actwibes. and the sale of donated goods. eJ(penditure on charitable activities includes all cos15 incurred by a charity in undertaking livib.es that further ils charitable aims for the benefrt of rts beneficiaries. including those support costs and costs relating to the 9overnance of the charity apportioned lo charitable activities. other expenditure includes all expenditu￿ that is neither related to raising fvnds for the charity nor part of ts expenditure on charitable acb'vilies. All costs are allocated lo expenditure ealegories reflecting the use of the resource. Direct costs attributab￿ lo a single activity are allocated directly to that aclivty. Shared cos15 are apportioned between the aclniities they contribute to on a reasonable, justifiable and consislent basis. Tangible assets Tangible assets are in(ti21ty recorded at cost and sub5equenUy staled at cost less any accumulated depreciation and irnpairment losses. Any tangible assets carried at revalued amounts are recorded at the lair value al the dale of revaluation less any subsequent accumulated depreciation and subsequent accumulated Impai￿r￿nt IDsses. An increase in the carrying amount of an asset as a result of a revaluab"on, is recognised in other recognised gains and 105ses, unless it reverses a charge for impairrNent that has previously been recognised as expendtture within the slalemenl of financial ¥tivilies. A decrease in the carrying amount of an asset as a result of revaluab"on, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain: in which case the loss is shown within other rec(￿nIsed gains and losses on the statemenl of finanaal activities. Impairrnent of fixed assets A review for Indicators of impaimient is carried oul at each reporting date, with the recoveiable amount being estimated where such indicators exist. Where the carrying value eX￿ecIS the recovefftble amount, the asset is impaired accordingty. Prior impaitmenls are also reviewed for possible reversal at each reporttng dale. For the purposes of impairmenl te5bng, when it is not possible lo estimate the recoverable amount of an Individual asset, an estimate is made of the iecoverable amount of the cash-generating vnil lo wh￿h the as5el belongs. The cash-generating unit is the smallest identifiable group of assets that include5 the asset and generalès cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment lesling of goodwill, the goodwill acquired in a business ¢ombination Is, from the acqui511ion dale, allO￿ted lo each of the cash-generating units that are expected lo benetit ffo the synergies of the combination, Irrespectsve of whether other assets or Iiabilits"es of the charity are assigned lo those units. Madina House Trust h!ntpE to the Financial Rta+4m4rtts i_ Year ended 31 December 2024 Accounting policies {contlntsedJ Financial instruments A financial asset or a financial liability is re￿gnised onty when the charity becomes a party to the contractual provisions of the instrument. Basic financial instruments are inrf(ially recognised at the amount receivable or payable including any related transaction costs Cuirenl assets and current liabilities are subsequentty measured at the cash or other consideration expected to be paid or re￿Ned and not discounted. Debt instruments are subsequentty measured at amortised cctst. here investments in share5 ate publicty traded or their fair value can otherwise be measured relkqbly. the Investrnent is subsequenuy measured al fair value with changes in fair value recognised in income and expendrture. All other such investments are subsequendy measured at eosl less impairment. Other financial instruments. including derivatives. are inits.alty recognised al fair value, unless payment for an asset is deferred beyond nomwl business terms or financed at a rale of interest that is not a market rate, in which case the a$5et is measured at the present value of the future payments discounted at a market rale of interest fr)r a similar debt instrument. Other financial instruments are subsequentty measured at fair value. with any changes recognised in the statement of financial aclivthes. ￿th the exception of hedging instruments in a designated hedging relab'onship. Financial assets that are measured at cost or amorbsed cosl are revvew￿ for obiecb.ve evidence of impaimienl at the end of each reporbng date. If there is obj-ective evidence of impairment, an impairment loss is recognised under the appropriale heading in the statement of financial acliviltes in which the initial gain was re¢ognised. For all equity instrurnents regardless of significance. and other financial asset5 that are indwidually significant, these are assessed individually for Impairment. Other financial as*ts are etther assessed individually or grouped on the basis of similar credit risk characleristics. Any reversals of Impairment are recognised immediately. to the extent that the reversal does not iesult in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previousty been recognised. Other income Unrestricted Total Funds Unrestricted Total Funds Fund5 2024 Funds 2023 Rent Received 68.950 68.950 55,790 55,79D Madina House Trust Notes tn thts Financia! qfrafrc4￿.￿nts (.--n.--.Jv Year ended 31 December 2024 Costs of raising donations and legacie5 Unre5tticted Tolal Funds unrestn.cted Total Funds Funds 2024 Funds 2023 Costs of raising donations and legacies - Donations 55.470 55.470 37,903 37.903 Staff costs The average head count of employees during the year was Nil {2023'. Nil}. No employee received empbyee benefits of more than £60.CKIO during the year (2023.. Nill. Tangible fixed assets Freehold property Cost At 1 January 2024 and 31 Dècember 2024 Depreciation At 1 January 2024 and 31 December 2024 Carrying amount At 31 December 2024 S91,084 891,084 At 31 December 2023 891,084 Creditors.. amounts falling due within one year 2024 2023 Accruals and deferred income 400 200 10 Madina House Trust trn tha Finanria! RL2tements K_ Year ended 31 December 2024 Analysis of charitable funds Unrestricted fund5 At 1 January 20 24 At 31 Decembe r 2024 Income Expenditure General funds Unreslricled fund 7 - desc in alc5 82.966 864.096 68.950 155,4701 96.446 864,096 947.(￿2 68,950 155.4701 9SO.542 At 1 January 20 23 Al 31 December 2023 I￿o￿e Expendl(ure General funds Unrestricted fund 7 - desc in alcs 65.079 864,096 55.790 137,9031 82,966 864,096 929,175 55,790 137,9031 947,062 11 Madina House Trust P!lJnagery•.tsn• !4forma•irtn Year ended 31 December 2024 The following pages do not fom) part of the financial staternents. 12 Madina House Trust nr4tailad qts+#>mentr rt! Financi?! .4p.l•viti•s Year ended 31 December 2024 2024 2023 Income and endowrnents other income Rent Received 68,950 55.790 Total income 68,950 55,790 Expenditure Costs of raising donations and legacies Management Fees ReF￿irS & maintenan Accountancy Fee Sundry Bank Charge t)onalion to other Charities 9,028 20,022 200 160 60 26.OOD 7,318 6,308 200 16 60 24,001 55,470 37,9D3 Total expendithre 55.470 37,903 Net income 13,480 17.887 13 Madina House Trust Notao trt the DtstrAi!rt¥d Statamtsnt of Financial Activit•¢&s Year ended 31 December 2024 2024 2023 Costs of rai$ing donations and legaeles Costs of raising donations and legacies - Donations Management Fee5 Repairs & maintenan Accountancy Fee Sundry Bank Charge Donation to other Charities 9,028 20,022 200 160 60 26.000 7,318 6.308 2DO 16 60 24,D01 55.470 37,903 Costs of raising donations and legacies 55,470 37.903 14