2025-03-31-accounts - Minhaj-Ul-Quran Welfare Foundation

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Minhar Wellore Fovndotion MINHAJWELFARE.ORG Audited Financial Statements 2024-25

ABOUT US

Minhaj Welfare Foundation was founded in 1989 as a compassionate response to the rise of inequaliy and poverty in Pakistan. Since then it has been serving and striving to make the world a better and fairer place.

One of the key and foremost reasons for the establishment of Minhaj Welfare Foundation was to establish a network of schools that will provide a quality education that is accessible to the economically deprived communities of Pakistan.

MWF strongly believes that education is the most crucial foundation stone of any society; without which the development and progress of any nation is not achievable. Since our establishment, we have built 640 educational institutions including schools, colleges, libraries and a University catering for well over 150,000 students and through Since 1989 this we are contributing to the livelihoods of over 7000 families through the employment of our academic and administrative staff.; MWF strongly adheres to the philosophy that education should be supplemented with rigorous moral and ethical training so that the students make a positive contribution to We thank our supporters for their growing trust in our the development of their communities. organisation: sharing peace, love and harmony with

Based on this our Education program provides a holistic education that empowers the less fortunate worldwide, regardless of children to lead productive and successful lives.race, relgion, language or sect.

Today, through its worldwide network Minhaj Welfare Foundation is growing as a leading international grassroot-led organisation. We are proud of the achievements made by MWF so far and know that there is still much to do.

We thank all of our supporters, volunteers and MWF staff for their continuous support and endevours in saving lives around the world.

Dr Muhammad Tahir-ul-Qadri Founder Minhaj Welfare Foundation

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

	Page
Report of the Trustees	6
Report of the Independent Auditors	15
Statement of Financial Activities	18
Statement of Financial Position	19
Statement of Cash Flows	20
Notes to the Statement of Cash Flows	21
Notes to the Financial Statements	22

Since 1989

We thank our supporters for their growing trust in our organisation: sharing peace, love and harmony with the less fortunate worldwide, regardless of race, relgion, language or sect.

BANK TRANSFER

For UK (GBP - £) Bank Name: HSBC Sort Code: 40-15-17 Account No.: 21 65 18 03 IBAN No.:

GB35 HBUK 401517 2165 1803 SWIFT: HBUKGB411 4H

For EUROPE (EURO - € ) Bank Name: HSBC Sort Code: 40-12-76 Account No.: 74 27 39 64 IBAN No.: GB39 HBUK 401276 7427 3964 SWIFT: HBUKGB4B

For US (DOLLAR - $) Bank Name: HSBC Sort Code: 40-12-76 Account No.: 74 27 22 49 IBAN No.: GB79 HBUK 401276 7427 2249 SWIFT: HBUKGB4B

TELEPHONE DONATIONS

CHEQUES BY POST

ONLINE DONATIONS

To make a donation over the phone using your debit/credit card, please call us directly on:

0300 30 30 777 (UK) +44 20 3375 4730 (INT.) 1-888-9-646425 (US/CA)

Please make cheques payable to MWF and post to

Minhaj Welfare Foundation, 5 Christie Way, Manchester, M21 7QY

Visit our website minhajwelfare.org

Registered Charity Numbers: England & Wales 1084057 Scotland SC043566

Implemented Projects on behalf of

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 _________

The trustees present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

OBJECTIVES AND AIMS

The organisation, Minhaj-ul-Quran Welfare Foundation ‘MWF’ is a registered charity and was established by a Trust Deed made on the 10th May 2000, which was first amended on the 7th December 2000 and registered with the Charity Commission on the 11th December 2000. The Trust Deed was then amended in October 2012. The charity is governed under the Trust Deed.

Minhaj Welfare Foundation (MWF) is a Worldwide Humanitarian Development organisation helping to support the poor and needy in marginalised communities working for their basic human rights, providing children the access to Education, providing the poor access to Basic Health Care and the means for Social Economic & Welfare support for the deprived within the developing world.

It aims to work in removing short term difficulties and is committed to work to its long term and sustainable goals in South Asia, Middle East, Africa, UK, Europe and North America.

The core objectives of Minhaj Welfare Foundation can be summarised into the following:

a. The relief of poverty, sickness, distress and suffering of any persons who are in need irrespective of their nationality, race, ethnic origin and religious beliefs.
b. The advancement of other charitable purposes for the benefit of the public to provide recreational facilities and activities in the interests of social welfare with the objective of providing the conditions of life for those persons in need of such facilities.
c. The advancement of research & development and education for the public benefit concerning the teachings of Islam.

SIGNIFICANT ACTIVITIES

The charity dedicated substantial time and resources to advancing its stated purposes. Its most significant activities centred on providing essential necessities to those in need, including clean water and food, as well as promoting education through its institutes and sponsorship programmes.

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

_________

The charity has also contributed to relief efforts in response to the ongoing humanitarian crisis in the Middle East since 2023, working through its network of partner organisations.

The charity also allocated funds to research and development initiatives aimed at producing books and educational materials for the public benefit.

VOLUNTEERS

Volunteers are an important resource in both faith and community work. Volunteers are involved in most of our community activities, and we have volunteers regularly giving their time. All our trustees also give their time freely. We encourage all members of our organisation to be involved in voluntary activities and to share their skills with others.

ACHIEVEMENT AND PERFORMANCE

CHARITABLE ACTIVITIES

In recent years, the charity has focused on strengthening its administrative processes to ensure more efficient and effective delivery of aid and projects. Plans are underway to streamline systems through the implementation of a Customer Relationship Management (CRM) platform, such as Salesforce. Additionally, we are working to build the capacity of our partners to enhance fundraising efforts and improve the quality and efficiency of project implementation.

Our media campaigns were delivered through social media platforms, Google advertising, and community radio stations across the UK to promote all initiatives, including seasonal campaigns such as Ramadan and Qurbani. Other major campaigns included the World Orphan Day appeal, which raised funds for our Orphan and Needy Projects, and the Middle East Crisis appeal, supporting victims of the humanitarian crisis from 2023 onwards.

The Fundraising, Donor Relations, Volunteer Management, and Community Engagement departments organised numerous community engagement, educational, recreational, and fundraising events and activities throughout the year. They also engaged with various mosques throughout the country to help fundraise during our major campaigns. In addition, our digital presence has remained strong, building on the progress achieved in previous years.

CAMPAIGN OF PROJECTS DURING THE YEAR:

WATER FOR ALL

As part of its vision to provide clean and safe drinking water to disadvantaged communities in the developing world, the charity constructed more than 683 water facilities during the year. These included large-scale solar-powered water projects supplying taps for entire communities. All facilities were established in rural and marginalised regions, ensuring long-term access to clean drinking water for some of the poorest populations.

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

_________

The charity believes that providing access to clean and safe drinking water through a reliable supply reduces health risks and enables individuals to engage in more productive activities, such as pursuing education, earning an income to support their families, and farming.

PAKISTAN PROJECTS: SUPPORTING A NUMBER OF PROJECTS IN THE YEAR

One of the charity’s primary thematic areas of humanitarian and development work is Pakistan. With the support of donors, the charity provides a continuous supply of life-saving emergency aid— including Zakat, Sadaqah, and general donations—while also assisting families with education, healthcare, and livelihood support. During the year, the charity’s key programme sectors included:

CHILD SPONSORSHIP: Supporting orphaned and vulnerable children through financial, educational, and living assistance, as well as maintaining orphan care homes.
HELPFEED (FOOD SECURITY): Distributing food parcels, Iftar meals, subsidised community kitchens (dastarkhawans), and hot meals during Ramadan, Rabi-ul-Awwal, and other occasions throughout the year.
EDUCATION FOR ALL: Providing scholarships to students at schools and universities.
OUR FAMILIES (SHELTER): Rehabilitating and providing homes for poor and needy families.
EMERGENCY RELIEF: Responding promptly to major disasters and crises across Pakistan.
INFRASTRUCTURE DEVELOPMENT (BUILDING): Constructing educational institutes, orphan care homes, dispensaries, community halls, mosques, vocational training centres, and safe learning spaces.
HEALTHCARE: Supporting dispensaries, operating mobile clinics, and covering surgical costs for patients in need.
RESEARCH AND DEVELOPMENT: Through FMRI Pakistan, a team of scholars produces traditional and contemporary books in Urdu, Arabic, and English for use in schools, Islamic seminaries, universities, and by students and teachers worldwide.

LET’S REVIVE: UK PROJECTS

Through its “Let’s Revive” project, the charity has supported a range of UK-based educational, youth, and research initiatives during the year. The flagship initiative under this programme is the Fareed-e-Millat Research Institute UK (FMRI UK).

The FMRI UK comprises a team of scholars based in the UK and Egypt who focus on research and development of both traditional and contemporary works in Urdu, Arabic, and English. These publications are widely used by schools, Islamic seminaries, universities, students, and teachers across the globe. During the year, the charity expanded its research and development activities to Canada.

The launch of the Al-Marifa Institute marks a significant milestone in our digital transformation. The Institute provides structured Islamic education for children and adults and has seen an exceptional uptake in student registration. This success ensures the long-term viability of our educational outreach programmes.

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

_________

In line with our commitment to financial prudence, Minhaj College Manchester has discontinued its operations. Despite our best efforts, the project faced significant logistical hurdles regarding physical space and struggled to achieve the enrolment numbers required for financial sustainability. This closure allows the charity to focus its efforts on more impactful, cost-effective delivery models, such as our growing digital platforms.

SUBSIDISED COMMUNITY KITCHENS

The charity established kitchen projects in Pakistan and Bangladesh to provide thousands of families in need with cooked meals at discounted rates. This initiative has achieved success in several regions of Pakistan and is planned for expansion into additional areas. The project is expected to significantly enhance the scale of food relief the charity can deliver during humanitarian crises in these regions.

AID FOR REFUGEES

The charity continues to support emergency relief operations and respond to refugee crises by mobilising its local teams. Our efforts focus on providing clean drinking water, food, medical supplies, and other essential items, as well as offering shelter to displaced individuals.

In response to the ongoing crisis in the Middle East, the charity has provided aid to displaced refugees, including several truckloads of food supplies. Working in collaboration with partners, we successfully delivered food into affected regions.

CAPACITY BUILDING

The charity has invested in capacity-building projects to strengthen the skills and resources of partner organisations. These initiatives aim to improve project implementation and administrative systems, as well as enhance fundraising capabilities.

COMMUNITY ENGAGEMENT

The charity hosted a series of in-person events aimed at engaging and educating the community, raising awareness and funds for its projects, and strengthening brand visibility

COLLABORATIVE PROJECTS

The charity expanded its impact through strategic collaborations with academic institutions, local councils, and international partners. These initiatives ranged from promoting interfaith harmony and road safety at the local government level to co-sponsoring global educational summits focused on countering extremism and fostering community cohesion. These platforms also served as vital opportunities for public engagement and fundraising for our core humanitarian projects

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 _________

CHALLENGES AND COMPETITIONS

We held multiple challenges throughout the year, including a Skydive and Community Car Wash. We also held the T10 Cricket Blast tournament in May. Participants were challenged to raise funds for the challenges. The Nasheed Factor Finals were held physically in Birmingham, while the rest of the event was online.

FESTIVALS

We hosted and participated in several festivals, where we had stalls to promote our projects. These included:

Family Fun Days
The World Halal Food Festival
Community Iftars
The Light Festival
The Grand Bazaar and Eid Bazaar
Winter Wonderland

FUNDRAISING EVENTS

We hosted several fundraising events for the Dadyal Orphan Care Home and the Middle East Crisis. These included Gala Dinners in France, Italy, and Denmark with a celebrity guest, Qawwali and Nasheed events throughout January and February, smaller local events in the North, and the Big Appeal in Ramadan.

INTERFAITH HARMONY

We hosted several events to promote interfaith harmony and community cohesion, spreading the message of peace and mercy. These included the abovementioned Iftars, the Mercy Conference, and Interfaith Meetings in collaboration with MQI.

VOLUNTEER AND DONOR APPRECIATION

The charity held a series of engagement events, including donor dinners and site visits, to acknowledge the vital role of our supporters and volunteers. These gatherings provided a platform to demonstrate the impact of their contributions, share progress on current humanitarian projects, and outline our future strategic objectives.

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

_________

CROWDFUNDING

The Fundraising and Donor Retention Team supported numerous donors in setting up crowdfunding pages on JustGiving to raise funds for various projects. The charity also encouraged donors to undertake their own fundraising initiatives. Donors and volunteers organised events and challenges including a ‘Walk for Water’, and a charity hike. Participants engaged their local communities to sponsor these efforts, helping to generate vital funds for the charity’s work.

QURBAANI - JUNE / JULY 2024

As part of its seasonal campaigns to provide food for the poor and needy during the festive days of Eid (Hajj), the charity, through its network of volunteers and programme team, travelled from the UK to assist with the distribution of food to families in need. Our teams navigated challenging terrain in Kenya, Pakistan, Bangladesh, and India.

PAKISTAN FLOOD RELIEF – ONGOING

We continued Rebuilding their Homes projects for the victims of the 2022 Pakistan Floods. We are rebuilding the areas and villages devastated by the floods, enabling the victims to return to their lives.

OUR GIRLS, OUR FUTURE PROJECT

This initiative aims to provide support for girls and young women from disadvantaged backgrounds in Pakistan within a safe and secure environment. The project is being delivered in phases and includes a college designed to accommodate 500 girls across more than 15 classrooms, offering accommodation, a prayer area, a mosque, and water and sanitation facilities. In addition, the project will provide classes for older women, equipping them with training and practical skills to develop business ideas and become economically empowered.

AL A’ZAMIYYA INSTITUTE

This will be an independent, degree-awarding institute and a leading centre of learning and education. The institute will specialise in Islamic Sciences, with the aim of producing honest, cultured, and qualified scholars who uphold and promote Islamic values. It will offer a comprehensive, futurefocused curriculum that combines religious and contemporary studies, including English language and literature, to ensure a well-rounded and practical education.

STRATEGIC DEVELOPMENT: MINHAJ EDUCATION CITY (MEC)

The charity is progressing with its ambitious long-term vision to establish Minhaj Education City (MEC) in Pakistan. Designed as a premier hub for education and social welfare, MEC will serve as a central hub for several of our core initiatives, ensuring operational synergy and expanded impact. Key components of this development include:

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 _________

-The Orphan Care Complex:

As our new flagship project, this state-of-the-art facility is designed to provide holistic care and highquality education for 1,000 resident students (both boys and girls), with additional capacity to support 2,000 day-students. Building on the success of our established Aghosh orphanages, this complex aims to become one of the largest and most comprehensive support centres for disadvantaged children in the subcontinent.

-Integrated Educational & Infrastructure Hub:

The MEC campus will host specialised institutions, including the Al-A’zamiyya Institute and a dedicated campus for Minhaj University Lahore. To ensure the sustainability of our humanitarian work, the site will also feature large-scale warehousing facilities for our HelpFeed and emergency relief programmes, alongside affordable housing for staff and students and essential community services.

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

_________

FINANCIAL REVIEW

RESERVES POLICY

It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, at a level which equate to approximately three to five months unrestricted expenditure. This provides sufficient funds to cover management and administrative and other related costs. Unrestricted funds were maintained at approximately this level throughout the year.

STRUCTURE, GOVERNANCE AND MANAGEMENT

GOVERNING DOCUMENT

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

RELATED PARTIES

The charity has a close relationship with its sister charity Minhaj-ul-Quran International, which is also a registered charity. One of the charity’s trustees was also trustee of the Minhaj-ul-Quran International although both charities are independent in their activities and financial matters.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity Number: England & Wales:1084057, Scotland: SC043566

Principle Address Trustees 5 Christie Way M Naveed Manchester M Q Rauf M21 7QY R A Raza S Mursaleen M K Mahmood

Bankers

Natwest Piccadilly Circus Branch PO Box 4QQ 19 Shaftesbury Avenue London W1A 4QQ

Auditors

Hadleys & Co. Ground Floor Import Building 2 Clove Crescent London E14 2BE

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025

_________

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland”.

The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to:

select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charity SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the board of trustees on 31 December 2025 and signed on its behalf by:

.............................................

M K Mahmood - Trustee

REPORT OF THE INDEPENDENT AUDITORS FOR THE YEAR ENDED 31 MARCH 2025

_________

OPINION

We have audited the financial statements of Minhaj-Ul-Quran Welfare Foundation (the ‘charity’) for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Statement of Financial Position, the Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’.

In our opinion the financial statements:

give a true and fair view of the state of the charity’s affairs as at 31 March 2025 and of its incoming resources and application of resources, for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’; and
have been prepared in accordance with the requirements of the Charities Act 2011.

BASIS FOR OPINION

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors’ responsibilities for the audit of the financial statements 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 statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

CONCLUSIONS RELATING TO GOING CONCERN

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

REPORT OF THE INDEPENDENT AUDITORS FOR THE YEAR ENDED 31 MARCH 2025

_________

OTHER INFORMATION

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

MATTERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

the information given in the Report of the Trustees is inconsistent in any material respect with the financial statements; or
sufficient accounting records have not been kept; or
the financial statements are not in agreement with the accounting records and returns; or
we have not received all the information and explanations we require for our audit.

RESPONSIBILITIES OF TRUSTEES

As explained more fully in the Statement of Trustees’ Responsibilities, the trustees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

OUR RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS

We have been appointed as auditors under Section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

REPORT OF THE INDEPENDENT AUDITORS FOR THE YEAR ENDED 31 MARCH 2025

_________

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements 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 statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Enquiry of entity staff in tax and compliance functions to identify any instances of non-compliance with laws and regulations.
Reviewing minutes of meetings of those charged with governance.
Reviewing internal audit reports.
Reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations.
Auditing the risk of management override of controls, including through testing journal entries and other adjustments for appropriateness, and evaluating the business rationale of significant transactions outside the normal course of business.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

USE OF OUR REPORT

This report is made solely to the charity’s trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008, and also the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006. Our audit work has been undertaken so that we might state to the charity’s trustees those matters we are required to state to them in an auditors’ report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Hadleys & Co. Ground Floor Import Building 2 Clove Crescent London

E14 2BE Date: 31.12.2025

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

_________

	2025 2024 Notes Unrestricted funds (£) Restricted funds (£) Total funds (£) Total funds (£) ~~rHlett~~	2025 2024 Notes Unrestricted funds (£) Restricted funds (£) Total funds (£) Total funds (£) ~~rHlett~~	2025 2024 Notes Unrestricted funds (£) Restricted funds (£) Total funds (£) Total funds (£) ~~rHlett~~	2025 2024 Notes Unrestricted funds (£) Restricted funds (£) Total funds (£) Total funds (£) ~~rHlett~~	2025 2024 Notes Unrestricted funds (£) Restricted funds (£) Total funds (£) Total funds (£) ~~rHlett~~	2025 2024 Notes Unrestricted funds (£) Restricted funds (£) Total funds (£) Total funds (£) ~~rHlett~~
	INCOME AND ENDOWMENTS FROM
Donations and legacies 2 3,892,184 - 3,892,184 3,857,254 Other Trading Activities 3 305,105 - 305,105 113,369 Investment income 4 254,785 - 254,785 149,209 Total 4,452,074 - 4,452,074 4,119,832 ~~——————~~
	EXPENDITURE ON
	Raising funds	5	358,764	-	358,764	422,935
	CHARITABLE ACTIVITIES	6
	Orphan Care Home		834,945	-	834,945	725,450
	Donations		256,247	-	256,247	126,459
	Zakat		545,291	-	545,291	361,967
	Qurbani		491,799	-	491,799	502,039
	Water pumps		120,590	-	120,590	73,026
	Emergency relief		203,722	-	203,722	-
	Education		1,374,543	-	1,374,543	1,601,446
	Staff costs		501,239	-	501,239	303,734
	Fundraising & Community Events		257,022	-	257,022	359,301
	Dates Project		221,899	-	221,899	72,942
	Other		289,307	-	289,307	240,074
	Total Expenditure		5,455,368	-	5,455,368	4,789,373

	NET INCOME/EXPENDITURE		(1,003,294)	-	1,003,294)	(669,541)
	RECONCILIATION OF FUNDS
Total funds brought forward 7,334,744 - 7,334,744 8,004,285 TOTAL FUNDS CARRIED FORWARD 6,331,450 - 6,331,450 7,334,744 ~~ae~~ ~~ia	)aa(a~~

STATEMENT OF FINANCIAL POSITION AS OF 31 MARCH 2025

_________

|2025
2024
Notes
Unrestricted
funds (£)
Restricted
funds (£)
Total funds
(£)
Total funds
(£)
FIXED ASSETS
~~Teel~~
~~| ae~~|2025
2024
Notes
Unrestricted
funds (£)
Restricted
funds (£)
Total funds
(£)
Total funds
(£)
FIXED ASSETS
~~Teel~~
~~| ae~~| |---|---| |Tangible Assets
12
1,188,924
-
1,188,924
1,206,034
Investment property
13
1,657,948
1,657,948
599,348
2,846,872
-
2,846,872
1,805,382
~~——oe~~|| |CURRENT ASSETS|| |Debtors
14
710,455
-
710,455
651,881
Cash at bank and in Hand
3,104,629
3,104,629
5,210,542
3,815,084
-
3,815,084
5,862,423
CREDITORS
~~—~~
~~st~~
~~oo~~|| |Amount falling due within one year
15
(330,506)
-
(330,506)|(333,061)| |NET CURRENT ASSETS
3,484,578
-
3,484,578
TOTAL ASSETS LESS CURRENT
LIABILITIES
6,331,450
-
6,331,450
NET ASSETS
6,331,450
-
6,331,450
~~a~~
~~|~~|5,529,362
7,334,744
7,334,744| |FUNDS
16|| |Unrestricted funds
6,331,450
7,334,744
General funds
6,331,450
7,334,744
Total Funds
6,331,450
7,334,744
~~—<——_—~~||

The financial statements were approved by the Board of Trustees and authorised for issue on 31 December 2025 and were signed on its behalf by:

__ M K Mahmood - Trustee

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025

___________

			2025	2024
		Notes	Total funds (£)	Total funds (£)
	CASH FLOWS FROM OPERATING ACTIVITIES:
Cash generated from operations 1 (1,051,483) (474,121) Interest paid (6,766) (7,947) Net cash provided by (used in) operating activities (1,058,249) (482,068) ~~ee~~ ~~ee~~
	CASH FLOWS FROM INVESTING ACTIVITIES:
	Purchase of tangible fixed assets		(8,589)	(819,305)
	Purchase of investment property		(1,058,600)	-
	Sale of tangible fixed assets		-	(88,141)
	Sale of investment property		-	935,501
	Interest received		19,525	10,438
	Net cash provided by/(used in) investing activities		(1,047,664)	38,493
Change in cash and cash equivalents in the reporting period (2,105,913) (443,575) Cash and cash equivalents at the beginning of the reporting period 5,210,542 5,654,117 Cash and cash equivalents at the end of the reporting period 3,104,629 5,210,542 ~~————~~

NOTES TO THE STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 March 2025

___________

RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income for the reporting period (asper the statement of financial activities) Adjustments for: ~~——~~	2025 Total funds (£) (1,003,294) ~~——~~	2024 Total funds (£) (669,541) ~~——~~
Depreciation charges	25,699	23,548
Loss on disposal of fixed assets	-	88,141
Interest received	(19,525)	(10,438)
Interestpaid	6,766	7,947
Increase in Stocks	(5,110)	(25,618)
(Increase)/decrease in debtors	(58,574)	83,610
Increase/(decrease) in creditors	2,555	28,230
Net cash provided by (used in) operating activities	(1,051,483)	(474,121)

2. ANALYSIS OF CHANGES IN NET FUNDS
~~LS~~	At 1.4.24 (£) ~~LS~~	Cash Flow (£) ~~LS~~	At 31.3.25(£) ~~LS~~
Net Cash ~~LS~~	5,210,542 ~~LS~~	(2,105,913) ~~LS~~	3,104,629 ~~LS~~
Cash at bank and in hand ~~LS~~	5,210,542 ~~LS~~	(2,105,913) ~~LS~~	3,104,629 ~~LS~~
Total ~~LS~~	5,210,542 ~~LS~~	(2,105,913) ~~LS~~	3,104,629 ~~LS~~

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025

___________

1. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

INCOME

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

EXPENDITURE

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long leasehold	- 2% on cost
Fixtures and fittings	- 25% on reducing balance
Computer equipment	- 25% on reducing balance

INVESTMENT PROPERTY

Investment properties, for which fair value can be measured reliably without undue cost or effort, are measured at intervals with changes in fair value recognised in ‘net gains/(losses) on investments in the SoFA.

TAXATION

The charity is exempt from tax on its charitable activities.

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025

___________

FUND ACCOUNTING

Unrestricted funds can be used in accordance with the charitable objectives at the 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 the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

FOREIGN CURRENCIES

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

CREDITORS AND ACCRUALS

Creditors payable within one year and /or more than one year are recognised at the transactional price. Accruals are valued at the net cost, less any discounts offered.

DEBTORS AND PREPAYMENTS

Debtors are receivable within one year and/or more than one year recognised at the transactional price. Prepayments are valued at the amount prepaid net of any discounts due.

2. DONATIONS AND LEGACIES

|||||| |---|---|---|---| ||||2025 (£)|2024 (£)| |Donations||3,697,771|3,678,316| |Gift Aid||194,413|178,938| |||3,892,184|3,857,254| |3.
OTHER TRADING ACTIVITIES|||| |FUNDRAISING EVENTS
~~(eecee~~||2025 (£)
305,105
~~ee~~|2024 (£)
113,369|

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025

___________

4. INVESTMENT INCOME ~~SS———~~
~~SS———~~	2025 (£)	2024 (£)
Rents received ~~SS———~~	235,260	138,771
Deposit account interest ~~SS———~~	17,211	9,385
Gift Aid Interest ~~SS———~~	2,314	1,053
~~SS———~~	254,785	149,209

Rents received Deposit account interest Gift Aid Interest ~~SS ———~~	~~———~~	2025 (£) 235,260 17,211 2,314 254,785	2024 (£) 138,771 9,385 1,053 149,209
5. RAISING FUNDS
RAISING DONATIONS AND LEGACIES
2025 (£) 2024 (£) Fundraising and events costs 22,422 70,127 Advertising and postage costs 227,026 195,991 Staff costs 109,316 68,676 358,764 334,794 OTHER TRADING ACTIVITIES Loss on sale of assets - 88,141 Aggregate amounts 358,764 422,935 ~~_——~~
6. CHARITABLE ACTIVITIES COSTS
	Direct Cost (£)	Support costs (See note 6)	Total (£)
Orphan Care Home	834,945	-	834,945
Donations	256,247	-	256,247
Zakat	545,291	-	545,291
Qurbani	491,799	-	491,799
Water pumps	120,590	-	120,590
Emergency relief	203,722	-	203,722
Education	1,374,543	-	1,374,543
Staff costs	326,819	174,420	501,239
Fundraising & Community Events	257,022	-	257,022
Dates Project	221,899	-	221,899
	4,632,877	174,420	4,807,297

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025 ___________

SUPPORT COSTS

7. SUPPORT COSTS	7. SUPPORT COSTS	7. SUPPORT COSTS
Management (£) Finance (£) Other (£) Governance costs (£) Total (£) Others resources expended 246,042 6,766 25,699 10,800 289,307 Staff costs 174,420 - - - 174,420 420,462 6,766 25,699 10,800 463,727 ~~=e~~
8. TRUSTEES’ REMUNERATION AND BENEFITS
Except for those already disclosed in the related party note, there were no trustees’ remuneration		Except for those already disclosed in the related party note, there were no trustees’ remuneration
or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.		or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees’ expenses

There were no trustees’ expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

STAFF COSTS 2025 (£) 2024 (£) Wages and salaries 593,818 366,120 Other pension costs 8,368 6,872 602,186 372,992 ~~Sl ————~~ The average monthly number of employees during the year was as follows: 2025 2024 Direct charitable operations 11 9 Fundraising and advertising 4 3 Administration 8 4 23 16 ~~— =e~~ No employees received emoluments in excess of £60,000.

10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted Fund (£) Restricted Funds (£) Total Funds (£) INCOME AND ENDOWMENTS FROM Donations and legacies 3,857,254 - 3,857,254 Other Trading Activities 113,369 - 113,369 Investment income 149,209 - 149,209 Total 4,119,832 - 4,119,832 ~~——~~

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025

___________

CHARITABLE ACTIVITIES
Orphan Care Home	725,450	-	725,450
General Donations	126,459	-	126,459
Zakat	361,967	-	361,967
Qurbani	502,039	-	502,039
Water pumps	73,026	-	73,026
Education	1,601,446	-	1,601,446
Staff costs	303,734	-	303,734
Fundraising & community events	359,301	-	359,301
Dates Project ~~Co~~	72,942 ~~Co~~	- ~~——~~	72,942 ~~——~~
Other ~~Co~~	240,074 ~~Co~~	- ~~——~~	240,074 ~~——~~
TOTAL EXPENDITURE ~~Co~~	4,789,373 ~~Co~~	- ~~——~~	4,789,373 ~~——~~
NET INCOME/(EXPENDITURE) ~~Co~~	(669,541) ~~Co~~	- ~~——~~	(669,541) ~~——~~

11. DONATIONS RECEIVED FROM PARTNER

During the year, the charity received sums from partner MWF charities in various countries. Each partner is a separate entity reporting locally in its respective country. The amount transmitted to the charity is to be applied to the charity’s projects.

12. TANGIBLE FIXED ASSETS

	12. TANGIBLE FIXED ASSETS
	COSTS	Long Leasehold (£)	Fixture & Fittings (£)	Computer Equipment (£)	Total (£)
	At 1 April 2024	2,464,227	19,944	133,942	2,618,113
	Additions	-	-	8,589	8,589
	At 31 March 2025	2,464,227	19,944	142,531	2,626,702
	DEPRECIATION
At 1 April 2024 1,280,089 12,863 119,127 1,412,079 Charge for year 17,069 1,774 6,856 25,699 At 31 March 2025 1,297,158 14,637 125,983 1,437,778 ~~ey~~

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025

___________

NET BOOK VALUE At 31 March 2025 1,167,069 5,307 16,548 1,188,924 At 31 March 2024 1,184,138 7,081 14,815 1,206,034 ~~a~~

13. INVESTMENT PROPERTY

FAIR VALUE

13. INVESTMENT PROPERTY FAIR VALUE
At 1 April 2024	599,348
Additions	1,058,600
At 31 March 2025	1,657,948

NET BOOK VALUE At 31 March 2025 1,657,948 At 31 March 2024 599,348 ~~iaes eS~~

14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

At 31 March 2025 At 31 March 2024 14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR ~~iaes~~ ~~aes eS~~	~~iaes~~ ~~eS~~	1,657,948 599,348 ~~iaes~~ ~~eS~~
	2025 (£)	2024 (£)
Trade debtors	650,340	580,167
Other debtors	52,429	53,350
Prepayments and accrued income	7,686	18,364
	710,455	651,881

15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2025 (£)	2024 (£)
Trade creditors	223,246	285,052
Taxation and Social Security	7,781	-
Other creditors	99,479	48,009
	330,506	333,061

		Net movement
16. MOVEMENT IN FUNDS	At 1.4.24 (£)	in funds (£)	At 31.3.25 (£)
UNRESTRICTED FUNDS
General Funds	7,334,744	(1,003,294)	6,331,450
TOTAL FUNDS	7,334,744	(1,003,294)	6,331,450

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025 ___________

Net movement in funds, included in the above are as follows:

UNRESTRICTED FUNDS General Funds TOTAL FUNDS	Incoming Resources (£) Resources expended (£) Movement in funds (£) 4,452,074 (5,455,368) (1,003,294) 4,452,074 (5,455,368) (1,003,294) ~~oe~~
COMPARATIVES FOR MOVEMENT IN FUNDS UNRESTRICTED FUNDS	At 1.4.23 (£) Net movement in funds (£) At 31.3.24 (£) ~~ar~~ ~~ee~~
General Funds TOTAL FUNDS	8,004,285 (669,541) 7,334,744 8,004,285 (669,541) 7,334,744 ~~=———~~

Comparative net movement in funds, included in the above are as follows:

	Incoming Resources (£) Resources expended (£) Movement in funds (£) ~~nn~~
UNRESTRICTED FUNDS
General Funds TOTAL FUNDS	4,119,832 (4,789,373) (669,541) 4,119,832 (4,789,373) (669,541) ~~—~~
A current year 12 months and prior year 12 months combined position is as follows:
	At 1.4.23 (£) Net movement in funds (£) At 31.3.25 (£) ~~<aNAS~~
UNRESTRICTED FUNDS
General Funds TOTAL FUNDS	8,004,285 (1,672,835) 6,331,450 8,004,285 (1,672,835) 6,331,450 ~~=———~~

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: Incoming Resources Movement Resources (£) expended (£) in funds (£) UNRESTRICTED FUNDS General Funds 8,571,906 (10,244,741) (1,672,835) TOTAL FUNDS ~~==~~ 8,571,906 (10,244,741) (1,672,835)

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 March 2025

___________

17. CONTINGENT LIABILITIES

The Charity had no contingent liabilities as at 31 March 2025 nor at 31 March 2024.

18. RELATED PARTY DISCLOSURES

The charity has taken advantage of exemption, under the terms of Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’, not to disclose related party transactions with wholly owned subsidiaries within the group.

The charity has a close relationship with its sister charity, Minhaj-ul-Quran International, which is also a registered charity. One of the charity’s trustees was also a trustee of Minhaj-ul-Quran International, although both charities are independent in their activities and financial matters.

19. FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.