CHARITY REGISTRATION NUMBER: 1085713
ALULBAYT FOUNDATION
Unaudited Financial Statements
31 March 2025
FAIRMAN DAVIS
Chartered accountants
3 Exhibition House
Addison Bridge Place
London
W14 8XP

ALULBAYf FOUNDATION
Financial Statements
Year ended 31 March 2025
Page
Trustees, annual report
Independent examiner's report to the trustees
Statement of financial activities
Statement of financial position
Notes to the financial statements

ALULBAYT FOUNDATION
Trustees. Annual Report
Year ended 31 March 2025
The trustees present their report and the unaudited financial statements of the charity for the year ended
31 March 2025.
Reference and administrative details
Registered charlty name
ALULBAYT FOUNDATION
Charity regislration number
1085713
Principal office
75 Brondesbury Park
London
NW6 7AX
The trustees
Mr Fadhil Mehdi
Mr Mohsen Mousavi
Mr Hamid Asmail
Independent examiner
Faimian Davis
3 Exhibition House
Addison Bridge Place
London
W14 8XP
Structure, governance and management
Governing Documents
The organisation was registered as charity on 21 st March 2001 and is governed by its Trust Deed dated
191h March 2000.
Organisation Structure
Alulbayl Foundation has a Management Committee which meets quartedy and is responsible for the
slrategic direction and policy of the charity.
Risk Management
The Management Committee has conducted a review ofthe major risks lo which the charity is exposed
to and continues to monitor this on an ongoing basis. Where appropriate, systems or procedures have
been established to mitigate the risks the charity faces. Internal control risks are minimised by the
implementation of procedures for authorisation of all transactions and projects. Procedures are in place
to ensure compliance with health and safety off volunteers. clients and visitors to the centre. The
procedures are periodically reviewed to ensure Ihat they continue to meet the needs of the charity.

ALULBAYf FOUNDATION
Trustees. Annual Report (continued)
Year ended 31 March 2025
Objectlves and activities
The charity's objective and its principal activity continue to be that of providing relief of povety, sickness.
distress and the advancement ol education in particular amongst people who are of Islamic Faith.
Achievements and perforniance
The Trustees consider that the performance of the Charity this year has been satisfactory.
Flnancial review
Against the backdrop of limited resources the charity has continued to plan or develop its services. With
the aid of sound financial management and the support of both its staff and volunteers, the charity has
achieved a satisfaclory outcome for the year. with sufficient resources to conlinue ils nomial activities
in the forthcoming years.
Plans for future periods
The charity intends to continue its activities in pursuance of its defined objectives.
The trustees. annual report was approved on 15 May 2025 and signed on behaff of the board of trustees
by:
Mr Mohsen Mousavi
Trustee

ALULBAYT FOUNDATION
Independent Examiner's Report to the Trustees of ALULBAYT FOUNDATION
Year ended 31 March 2025
I report to the trustees on my examination of the financial ststements of ALULBAYT FOUNDATION {'the
charity.) for the year ended 31 March 2025.
Responsibilities and basis of report
As the truslees of the charity you are responsible for the preparation of the financial statements in
accordance with the requirements of the Charities Act 2011 ('the Act.).
I report in respect of my examination of the charitys financial statements carried out under section 145
of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given
by the Charity Commission under section 145(5)(b) of the Act.
Independent examinerfs statement
Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed
in section 145 of the 2011 Act. I confimi that l am qualified to undertake the examination because l am
a member of the Institute of Chartered Accountants in England and Wales {ICAEW), which is one of the
listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in
connection with the examination giving me cause to believe that in any material respect-
accounting records were not kept in respect of the charity as required by section 130 of the
the financial statements do not accord with those records., or
the financial statements do not comply with the applicable requirements conceming the form
and content of accounts set out in the Charittes (Accounts and Reports) Regulations 2008
other than any requirement thal the accounts give a 'true and fairf view which is not a matter
considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
Faiman Davi
Independent Examiner
3 Exhibition House
Addison Bridge Pla
London
W14 8XP

ALULBAYT FOUNDATION
Statement of Financial Activities
Year ended 31 March 2025
2025
Restricled
funds Total funds
2024
Unrestricted
funds
Total funds
Income and endowments
Donations and legacies
Total income
475,216
138.750
613,966
483,667
475,216
138,750
613.966
483.667
Expendlture
Expenditure on charilable activities
305.418
138,750
444,168
444,168
566,351
Tolal expenditure
305,418
138,750
566,351
Net incornel(expenditure) and net
movement in funds
169,798
169,798
(82,684)
Reconciliation of funds
Total funds brought forward
Total funds carried forward
125.901
125,901
208,585
295,699
295,699
125,902
The statement of financial aclivities includes all gains and losses rewnised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 6 to 13 fonn part of these financlal statements.

ALULBAYT FOUNDATION
Statement of Financial Position
31 March 2025
2025
2024
Fixed assets
Tangible fixed assets
Note
11
6.316
55,758
Current assets
Debtors
Cash at bank and in hand
12
30.142
267.538
297,680
29,742
46,221
75,963
Creditors.. amounts falling due within one year
Net current assets
Total assets less current liabilities
Net assets
13
8.297
5.820
289,383
70.143
295,699
295,699
125,901
125,901
Funds of the charity
un￿striCted funds
295,699
125,902
Total charity funds
16
295,699
125,902
These financial statements were approved by the board of trustees and authorised for issue on 15 May
2025, and are signed on behalf of the board by:
Mr Mohsen Mousavi
Trustee
Thè notes on pages 6 to 13 forni part of these finan¢Sal statements.

ALULBAYT FOUNDATION
Notes to the Financial Statements
Year ended 31 March 2025
General inforniation
The charity is a public benefit entity and a registered charity in England and Wales and is
unincorporated. The address of the principal Offi￿ 15 75 Brondesbury Park, London, NW6 7AX.
Statement of compliance
These financial statements have been prepared in compliance with FRS 102, The Financial
Reporting Standard applicable in the UK and the Republic of Ireland., the Statemenl of
Recommended Practice applicable to charities preparing Iheir accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (Charities
SORP (FRS 102)) and the Charities Act 2011.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historitsl cost basis. as modrfied by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial statements are prepared in sterling. which is the functional currency of the entity.
Going Concern
There are no material uncertainties about the charty's ability to continue.
Fund accountlng
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designaled funds are unrestricted funds earmarked by the trustees for particular future project or
commitment.
Restricted funds are subjecled to restrictions on their expenditure declared by the donor or through
the terms of an appeal, and fall into one oftwo sub-classes- restricted income funds or endowment
funds.

ALULBAYT FOUNDATION
Notes to the Financial Statements (¢ontinuedJ
Year ended 31 March 2025
Accounting policies (contlnu•d)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity- it is probable that the economic benefits associated with the transaction will
flow lo the charity and the amount can be reliably measured. The following specific policies are
applied to particular categories of income:
income from donations or grants is recognised when there is evidence of entitlement to the
gtft, receipt is probable and rts amount can be measured reliably.
legacy income is re¢ognised when receipt is probable and entillement is established.
income from donated goods is measured at the fair value of the goods unless this is
impraclical to measure reliably, in which case the value is derived from the Cost to the donor
or the estimated resale value. Donated facilities and services are recognised in the accounts
when received rf the value can be reliably measured. No amounts are included for the
contribution of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the
contracted service. This is classified as unrestricted funds unless there is a conlractual
requirement for it to be spent on a particular purpose and retumed rf unspent, in which case
it may be regarded as restricted.
Resources expended
Charitable expenditure comprises those costs incurred by the Charty in the delivery of its activilies
and services for its beneficiaries. It included both costs that can be allocated directly to such
activities and those costs of an indirect nature necessary to support them. Govemance costs
include those costs associated with meeting the charity's constitutional and statutory requirements
as well as costs linked to the slrategic management of the charity.
Tangible assets
All fixed assets are initially recorded al cost.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset. less its residual value,
over the useful economic life of that asset as follows..
Leasehold Property
Fixtures & Fittings
Motor Vehicles
Equipment
10 /0 Straighl line
250/0 Straighl line
25 % straight line
25tr/o straight line
Impairment of fixed assets
A review for indicators of impaimient is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. Where Ihe carying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporting date.

ALULBAYf FOUNDATION
Notes to the Financial Statements (witinued)
Year ended 31 March 2025
Accountlng policles (¢ontinuedl
Impairnient of fixed assets (continu•d)
For the purposes of impairmenl testing. when it is not possible to estimate the recoverable amount
of an individual asset. an estimate is made of the recoverable amount of the cash-generating unit
lo which the asset belongs. The cash-generaling unit is the smallest identifiable group of assets
that includes the asset and generates cash inflows that largely independent of the cash infbws
from other assets or groups of assels.
For impairment testing of goodwill, the goodwill acquired in a business combination is. from Ihe
acquisition date, allocated to each of the cash-generating unils that are expected to benefit from
the synergies of the combination, irrespective of whether other assets or liabilities of the charity
are assigned to those units.
Govemment grants
Govemment grants a￿ recognised at the fair value of the asset received or receivable. Grants are
not re¢ognised until there is reasonable assurance that the charity will comply with the conditions
attaching to them and the grants will be received.
Where the grant does not impose specrfied future performance-related conditions on the recipient,
it is recognised in income when the grant proceeds are re¢erved or receivable. Where the grant
does impose specified future performance-related conditions on the recipient, it is recognised in
income only when the performance-related conditions have been met. Where grants received are
prior to satisfying the revenue recognttion criteria. they are recognised as a liability.
Financial instruments
A financial asset or a financial liability is recognised only when the ¢harity becomes a party to the
contractual provisions of the instrument.
Basic financial instruments are intlially recognised at the amount receivable or payable including
any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other consideration
expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured
reliably. the investment is subsequently measured at fair value with changes in fair value
recognised in income and expenditure. All other such investments are subsequently measured at
cosl less impairment.
Other financial instruments. including derivatives, are initially recognised at fair value. unless
payment for an asset is deferred beyond normal business terms or financed at a rate of interest
that is not a market rate, in which case the asset is measured al the present value of the future
payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value. wrth any changes recognised
in the statement of financial activities, with the exception of hedging instruments in a designated
hedging relationship.

ALULBAYf FOUNDATION
Notes to the Financial Statements {conthJuod)
Year ended 31 March 2025
A¢¢ounting policles (contlnu•d)
Financial instruments (continued)
Financial assels that are measured at cost or amortised cost are reviewed for objective evidence
of impairment at Ihe end of each reporting date. If there is objective evidence of impaimient, an
impairment loss is recognised under the appropriate heading in the statement of financial activities
in which the initial gain was recognised.
For all equity instruments regardless of significance. and other financial assets that are individually
significant, these are assessed individually for impairment. Other financial assets are either
assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately. to the extent that the reversal does not
result in a caryin9 amount of the financial asset that exceeds what the carrying amount would
have been had the impainnent not previously been recognised.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which
the related service is provided. Prepaid contributions are recognised as an asset to the extent thal
the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be settled wholty within 12 months of the end of the
reporting date in which the employees render the related service. the liability is measured on a
discounted present value basis. The unwinding of the discount is recognised as an expense in the
period in which it arises.
Donations and legacies
Unrestricted
Funds
Restricted Total Funds
Funds
2025
Donations
Donations
470,041
138,750
608,791
Grants
Government grant income
5,175
5,175
475.216
138,750
613,966
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Donations
Donations
263,105
217,762
480,867
Grants
Government grant income
2.800
2,800
265.905
217,762
483,667

ALULBAYT FOUNDATION
Notes to the Financial Statements (contlnu•dJ
Year ended 31 March 2025
Expenditure on charitable activitles by fund type
Unrestricted
Funds
Restricted Total Funds
Funds
2025
Charitable activity
Support Costs
110.755
194.663
138,750
249.505
194,663
305,418
138,750
444,168
Unrestricled
Funds
Reslricted Total Funds
Funds
2024
Charitable aclivty
Support costs
180,128
168,460
217,762
397,890
168,461
348,588
217,762
566,351
Expendtture on charitable actlvilies by activity typè
Activities
undertaken
direclly
Support Total funds
costs
2025
Total fund
2024
Charitable activty
Governance costs
249.505
191,310
3.353
440,815
3.353
563,871
2,480
249.505
194,663
444,168
566,351
Analysls of support costs
Analysis of
support costs
actNity 1 Total 2025 Total 2024
Staff costs
Premises
General office
Governance costs
110.653
75.706
4.950
3,954
110.6S3
75.706
4,950
3,954
93.498
65,764
6,838
2,240
195.263
195,263
168.340
Net incomel(expenditure)
Net incomel{expenditure) is ststed after chargingl(crediting)-.
2025
2024
Depreciation of langible fixed assets
49,442
50,282
10

ALULBAYT FOUNDATION
Notes to the Financial Statements (continued)
Year ended 31 March 2025
Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows..
2025
2024
Wages and salaries
Social security costs
Employer contributions to pension plans
107.527
2.061
1.066
91.741
668
1,089
110,654
93,498
The average head count of employees during the year was 7 (2024: 6).
No employee received employee benefits of more than £60,000 during the year (2024: Nil).
10. Trustee remuneration and expenses
No remuneration or other benefits from employment with the charity or a related entity were
received by the trustees.
11. Tangible fixed assets
Land and Fixtures and
buildings
frtlings
Motor
vehicles
Equipment
Total
Cost
At 1 April 2024 and
31 March 2025
489,877
3.948
5.900
21.043
520.768
Depreciation
At 1 April 2024
Charge for the year
At 31 March 2025
435.030
48,988
3.946
5,899
20,135
454
465,010
49.442
484,018
3.946
5.899
20,589
514,452
Carrying amount
At 31 March 2025
5,859
454
6,316
At 31 March 2024
54,847
908
55,758
12. Debtors
2025
2024
Other debtors
30.142
29,742
13. Credltors: amounts falllng due wlthln one year
2025
2024
Accruals and deferred income
Social securty and other taxes
Other Creditors
3,000
2,996
2.301
2,160
3,201
459
8.297
5,820
11

ALULBAYT FOUNDATION
Notes to the Financial Statements (eonlinu
Year ended 31 March 2025
14. Pensions and other post retirement benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined contribution
plans was £1,066 (2024: £1,089).
15. Government grants
The amounts ￿CogniSed in the financial statements for govemment granls are as follows..
2025
2024
Recognised in income from donations and legacies:
Governmenl grants income
5,175
2,800
16. Analysis of charitable fvnds
Unrestricted funds
At
1 April 2024
At
In¢ome Expenditure 31 March 2025
General funds
125.901
475,216
(305,418)
295,699
At
1 April 2023
At
Income Expenditure 31 March 2024
General funds
208.585
265.905
(348,588)
125,902
Restricted funds
At
1 April 2024
At
Income Expenditure 31 March 2025
Restricted Funds
138.750
(138.750)
At
1 April 2023
At
InGome Expenditure 31 March 2024
Restricted Funds
217.762
1217,762)
12

ALULBAYf FOUNDATION
Notes to the Financial Statements (contiftuedj
Year ended 31 March 2025
17. Analysls of net assets between funds
Unrestricted Total Funds
Funds
2025
Tangible fixed assets
Current assets
Creditors less than 1 year
Net assets
6,316
297.680
(8,297)
295,699
6.316
297.680
(8.297}
295,699
Unrestricted Total Funds
Funds
2024
Tangible fixed assets
Current assets
Creditors less than l year
Net assets
55,758
75,963
(5.820)
125,901
55.758
75,963
(5,820)
125,901
13