AL41Am￿o-LlLLAH IFOUNDATIQNI TRUST REGISTERED CHARITY NUPIBER .' 1097091 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 AL-HAMD4)-LILLAH IFOUNDATIONI TRUST REGISTERED CHARITY NUMBER . 1097091 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 INDEX PAGE P4e Ng. Contents Trustees Annual Report Independent Examinerfs Report aternent of Financial Activiles B818nce Sheet Notes to the Accounts Annual Rèport for the Yeai Ended 31 March 2024 memberBoftr* M•nagetnontCommrttee fft￿ bullding 0￿&d by the charitylo generate in¢0￿. Trustees. Rosponsibillli•S Th8 trUFtees&re respon6ible for preparing the IruEteeo' anrwal rft￿rt and I￿￿8¢¢0￿0t6 In artwdan¢o im applicable lawand United knngdom Accounting Sto￿8rdE IlJnit¢d Kirydom G¢rwally A¢cepled Actountsng Pra¢ti¢e). Charities actrequlres trustees ts pr8pare financial stalemertsfor each linaKial year, which 9we. true and faifvi¢w gf the stste of affairs of the G￿ritya￿d of the incoming resources a ppIKatioD of resources. Ir￿lUdIng the In¢om¢ and expervjilure. ofth& l(>rlhat Per￿d. ID pipparing the aGcounts,the I￿SteeS are r£quired trJ'_ sele¢tSUtsblc ac¢ouTrting policies aThJ then applythem con&lstentw. obsorv¢ the melhodg and pnnciplei In the Chartties SORP make ludgÈmÈnts •nd èstlmaleslhatarg re080nBb￿ and prudent., state ¥thelher appIl￿b￿ UK AGcvunliDu StsDdardstrave been follow2d, subied to any material dÈp•rtts￿ di￿105￿# and explained Inthe financial %tatements'. prepare the Inanclal ststèments on lh¢ golng wn¢em unlc56 it is inapprwHte to presume tslal Ihe ehgFityvAH confjnu8 h bU￿r￿. Th& trustèes are responsible for keeping &dequate •G¢ounling re￿￿8 which dBElo8e %%iih rEl¥v￿￿le accuracy. al any time, the financkal position of the charityand to en8ble thern ID ensure Ihallhe a¢countS CDmply ￿1th the Chirilies Act 2011. Thy are also resPODsible forsafpgwdrdiny asse&s olthe companyand hence. lor t4kirHJ reasorobl8 4t￿ for Iht pr¢YtnthJn art detect￿ of 114u¢ •nO otherirregy￿Iffjel. STATEMENT AS TO ￿5CLOSuRE OF INFORMATION TO AUDITORS In su far as the truslees are aware, there Is no rèlfrv8nl accounts Informal￿Tr of the charitys ind*p8ndgni examiner IE una￿re, and the trustees have t4ken all steps that Ihtyy oughlto hawo t*k¢n to ake Ihems¢lvfr6¥ware o14ny rèltvantinformaib)h lo e&èblMhlFAI the indepeTh*enl examiner ￿ Oivère ol that Information. On Beh•ifofth¢ Board o Tri ' Manayment Committee.. r Mohsin Munif Date.. Independent Examin•rfs Report to the TrustoeB of AL-HAMD-O-LILLAH {FOUNDATION} TRUST I reFQrt on accounts of the charity for the year ended 31 March 2024 which are set out on pages 4 Rèspective mpon$lblllllos of IN￿tee5 and •x*mingr The charty's trustees are responsib￿ for the proparatron of the aC￿￿nts. The ¢harity'5 trustees consider that an audit is not requirtd for this year under wtron 144{21 of the Charities Act 2011 (the 2011 Act) and that an independent examination ￿ needed. Thg charity ￿ preparing 3￿rued acC￿nts and l am qualified to undertake exanwnation by being a qualthed member of the Associalion Of Chartered Certified Accountants. It is my responsibility to.. examine the accounts under sectK)n 145 ofthe 2011 Art fdbw the procedures laid down in the gengral Directions given by trtr& Charity Commission under section 145{5llb} of the 2011 ACL and slate whelhef particular matterg have come to my attention. Ba61$ of Indopondent examlnerf8 report My examinab'on was Carried out in accordance wlh the general Directions given by the Charity Commission. An examination includes a review of the accountin9 records kept by the eharty and a compari80n of the accounts presented with those re¢ord5. 11 also includes consKleration of any unusual items or disclosures in the &counls, and seekrng explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audrt and consequently no opinion is given as to whether the accounts present a 'lrue and fair vievr and the report is limited to those matters set out in the statemènt bglow. Independènt examlnef8 Statement In connectK)n wrth ry examination, no matter ha$ come to my attention.. which gives me reasonable cause to believe tha( In any material respect, the rÈquirementS.' to keep accounting r￿DId5 in accordance with section 130 of the 2011 Acl: and to prepare accounts which accord with the aco)unting records and (x)mpty with the accourrting requirements of the 2011 ALt have not been mel or lo which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts lo be re hed. Muhammad Tayyab (FCCA) Feryuson & Co Chartered CertMledAccountants 651 Mauldeth Road West Chorlton Manchestor M217SA AL4Afrfoo-LILLAH IFOUNDATK)NI TRUST STATEMeNT OF FINANCIALACTIWnES INCLUDIIIG INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 YeaT EtTrded 31.3.24 Tolal Funds Year E￿ed 31.&23 Total Ftsnd• ReSt￿ted ReslriEied In¢om& Cap￿1 Fund$ Fund8 Notas Uflrtstdct￿d Funds INCOMING RESOURCES IncomingResources from G•nw8t¢d Funds.. Volunlary lrteome. Donat￿n9 8 Lvgacyès HMRC Giftaid Aetswhes for Funds. REntal incorne 16.020 16P20 6.870 14.575 67,1C 61,1 80,391 TOTAL INCOMINQ RESOURCES 77.120 77,120 B1,836 RESOURCES EXPENDEO Ctharitable Expendrture.. Supptyrt Cost 7.298 7.298 TOTAL RESOURCES EXPENDED 7.298 7,29B 12.898 NET INCOMINGIIOUTGOINGI RESOURCES BEFORE TRANSFERS 69,822 69,822 MET IIICOME RESOURCE5 69,822 69,822 68.938 Reconcilièlioty of FurKIs T￿41 Fu￿6 SIF￿ 159,916 159.916 YO.89J L¢68." pri0[￿r¥, adju51rnenlB for propety Its e¥GI￿e from accounts 1249.9121 Total Funds CIFwd 229,738 229,73B 159,916 6tstem•nl of financ￿1 aciwities lncludeo41108io8 and Ios8es nthE year. All inwming reeources and re50urcesexpen￿I 4erivÉ from ￿n)nuIn0 activit￿$. The nDtes on pages eto 9 form p8rtofYEse a¢¢ounl#. L*APIQ4)iILLAH IFOUNDATN)NITRUST BALAACE SHEE AT 31 MARCH 2024 2￿1 2023 Notes CURRENT ￿SETs Cash al Bank 2￿,sC6 235,%16 179,754 179.754 UABUTES.. AmDunw tslling due thin ¢n¢ year NET CURRENT ASSETS 22•,738 159,91e NET ASSETS 229,73B 159.916 ACCUMULATED FUNOS Re8tiicted Capital UnrestrKled brought foDward PrKTrryEaradju5tmenls.' Thspasal of bulldlng wofiu0(￿I brlhe yeor 159.916 340,89) Q49.9121 68,938 229,738 185.916 Approved on behallol IhE Tr￿￿¢￿ Managementcommdiee Mr M(th¥in Munil Chair Dr Syed Ehsan A Trustae 14/of/*s* The note8 On pao¢6 6 to g partoflhe8e arxounti. NQTES TO THE ACCOU14TS FOR THE YEAR ENDED 31 MARCH 2024 ACCOiINTING PCiICIE5 The accounts lfinancigl Sl*rrKntsl hav2 been prepared uDd9rth8 IN8torul COBI convenlon wth rtom8 recognised at toslorfvansaclion value unle55 otheiwi&@ stated ITr Ihe relevant ￿te$ lo these acco￿1$. Thp finan(x31 slatemei*g hève been prèpared ID acCOrdar￿ ¥￿th the ststemenl of RecornmèTrded Pra¢tiGe". Accountiw Reporting by c￿rItIeS preparing their Ac¢ourts inaccordance ¥￿th thè Financial RepDrUng Standard applieable in the UK an Rcpublic of Ird&nd {FRS 1021 Iwed on 1&h Juty 2014 and the ￿nIn¢la1 R*poibng Standard appI￿able Inthe Unrtcd knngdom and Republic of lrtland IFRS 10218nd ¢P)e Charit￿￿ Act 2011. The ¢hgfity ¢otWItyIt8 i public benefrt entrty as defined by FRS 102 The Iwstett ¢onsid¢rlhat there are no m21enal uncertainiie8 aboirt Ihe charit18 ability lo ¢onlinue 83 a goiw concern The charty has takèn adv¥nts9e olthp exempbtsn In F￿ar￿181 Reporbng St£nd•rd No.1 knm the requirernentlo prodwe 8 (¥6hflow6talem¢nt, FUr￿S stru¢tur• ilnresbKtsd fundE a￿ available foru8C 81 Ihe discretion oflhe Injstees in ruth￿￿￿¢ of the obl¢¢iwB¥ olthe charity. tYe¥ignaled funds are unreslrtcted funds eafftarked by IrusIÈèA for pa71￿ul0r purposes. Restrcted funds are Gubiecled lo rP5knCt￿ns Dn their expenditure Imwsed by the domr. R¢$lriGied caprtal lunds Jie reslricled funds applkd lorthe purchase of Ca￿￿1 rtèmB. ThE6 assets appear In trÈ fixed a74et section orb% accounts Inccming recognthon All Iwtymmg rÈ60urcog 8r¢ In¢ludtd in the $tatsmtnt of financial adi¥rtte the C￿nty13 ¢rthd to the income and the amaunt tan bè quanbfied bthth Teasonable accuracy. The followw 4petyfi¢ poli￿￿$ appli•Y to cat¢gone¥ol inc0Th￿". Contracts. grants and Inveslmènl incom¥ art refiected In th2 accounls ￿￿n r$c8fv#b￿. Donath¢r*. oitisaod otherin¢ome •r¢ r¢fiecled in the ac¢ount8 %¥then receKved. In addrtlon. ttyJni¥B received for specific purpogès Èo1 aside as"re8triL*d fu￿8. Op¢raliry IncowÈ compr￿6 grdM$. irwrartè dairns S￿dry income EX￿ndm￿r& r&ounit(on All expe￿11￿￿ olhèrlhan that￿pitalI￿ed beeTr rel￿21￿0 In Stslertperrt of FThin¢ial Acilwthes on an 8r¢ruB15 ba616 as the Iiabilrty Is &p¢noilure i￿1￿￿e& anyVATvéhrch earrt bo fuityrecovored, and Is reported aÈ part of the wxpendrture lo il relats8." Costs of gènerating funds ￿Mprise w3ts assock￿ed ¥￿th atlrading voluAt•ty irtom and the co8ls of fundrnisino Charitable expendrturo ¢omprl8es IhD8e cost& Incurred bythe charity ID tho dFli¥Bry of its attivAiès and 5eNlces for it6 benèflci8ri0&. Ft iD¢ludes both c06t* Ihai ¢•n be olb¢ated dire¢ty to such aetkvlll86 aDd those costs of *n IMire¢l n•iur6 noeetssaryto Jupportthem ¢rn•n¢e ty)sts Incwe those costs8￿¢th￿ ￿1th meeting the conslitthiDn81 and gtalirtory requiremente of IhE charity and include the IrK*ependenl exarninalion lee$a￿ coth linked lo the Strategic rnanaoeryÈntolthe charity. All costs 3r• Allocatèd bèiweenthe expenaiture vfthE SOFA on a ba819 dewgr lo reflect uso of the re60uree Co$ts relatsng lo a parbcularacuvityare alknc&tÉd dirèdy, (Abèr6 ar¢ apportioned on an apprDpnal* b¥$i8 *$ get out In Note 3. NOTES TO THE ACCOUNTS FOR THE YE￿ EPJfÉD Y1 MARCH 2024 ACCOUNTING POLICIES ICQNT> Valuat￿n, Capitsli¥a¢wJn and Depi•clation ol Flxed Assets AddkionE of a Eingle item or • gr¢upof sirnilaraseetB ex￿ed1￿ £9￿. are capitsI￿ed at tO8t. DepreCia￿n Is prowded to wrtieoff thE cosl kBslhe esrknated re￿￿￿1 valw of tawible asselsover Iheiresymatod use￿1 I1￿5 as o￿ver, no depreeLqUon ig provided forlhe buildKo ch•rlty ¥$ I InC[f￿e$ In va￿& year byyear. PenS￿n The company do not ￿￿tnbuttoanY pemion PL*￿me Taxation Tro orgari$8Uon is exemptfTom incomo tax by r¢ason Of rt6 charitable stal Incometax Suffered ofi Invesknent Income Is reclaimed ID full. The ¢h•rltyi$ not r&yi¥torod forVAT 2 GRAA TSI CONTRACTS unreStr￿ted 14pst￿l￿d Rèslii¢ted In¢0￿P Incorne Capttal Funds Fund Fund8 Totsl 2024 Total 2023 Do￿trO[￿ from the publlc HMRC Gift8id rbiTn Rental irKfAno 16.020 16.020 6,870 14,575 60,391 61.100 81.100 77,lY) 77.12 8t,836 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 3 RESOURCES EXPENDED Method of ApportioTrm￿t Totsl 2024 2024 2023 Chavltabk Aetlvllies Donation to Pakj'tan Dire¢t 4,995 GovernaTrce and Support Costs Hp* & Light Cleaning Insur8nGe Repairs & Manlenance A¢¢ountancy & Payrd (Irect DIr￿t Direct Direct rect 2,127 2.127 762 1,535 2,094 780 331 805 1,288 4,899 1,535 T80 Totsl 7,298 7.903 Stsff C08ts" Wages and Salaries There 8re no employees on payroll. Volunteer5 4 TRUSTEES. REMLINERATION AND EXPENSES No remungration directy or iTrd'rectly out olthè fund5 ofthe charitywas paid or pay8ble during the year, tu ary trustee or to any persons known to be connected i¥ith thern No reimburs&mefjtof expens￿ has been made or is duB lo be made to any of the trustees in respect of thè year IIOTES TO YHE ACCOUNTS FOR THE YEAR EMCED 31 MARCH 2024 5 RENTAL INCOME The rentsi In¢omè rdated to 67wilhiwlon arK* 8 propEttylhal via8 previouslythree partmonts tt)at Is rty%ven apartments. There was a M￿underSta￿lnO thai thp ItU$I the propety, beleviw that the trusts WDLld be on the Ilue deeds 11 was durlng last yeardisc0￿r•d that a trustcannot hold propety and ￿n't bo on tho deed. There *￿re a number oloplk)ns d16cussed to deal thls. thè Chattycould either bgcome ITMlkKbrated or a Ch•ril•bl¢ In￿rporated Organ￿tIOn, both of which ¢an hold prop¢rty In th6 name tsfthè trust ￿1¢h tor loThJevty Itcould b& beneficial. Thé T￿steèts' finallyde¢kted Il was ¢aw¢r 1¢ tsk¢ the propertyout ofthe trust'8 accounts. 2024 2023 6 CNPITAL COMMITMENTS Contraded br butnot prOV￿rd 7 L￿lUTIEs.. AMQUNTS FALLING DUE IMTHIN ONE yE￿A Loan from Irustses Accrya Dep¢8rt rrom ten&nt6 4.2( 5,768 4.2C 19,838 B GOING GQNCERN ThE ch3rW$ main source olincome isdonatlon trom publi¢ and ren￿ in¢ome Irotn pIopprt￿. The ItuGiees consider. haviw regard b Tr80No6trot it 1$ apprnPr￿ts to preparo tho aco)unt8 on a going basi8 and. COr￿eqUen￿y. the acuwt6 do nol Includo any8diu6tsnorts that vAiuld bÈ rÈces£ary rflhe lundiDy Inrorne EhoL¢d cease. 9 POST BALANCE SHEET EVENTS The Trustees do not consldèrlhal there havo b8eD any Fvents sir￿8 Ihp baknce Gheel date that $igtMficanUy impacl on the financkl strte￿ntS 10 FINAPICIAL INSTRUMÈNTS Tt* charity only h86 Iln*rKral assets and firAnGlal Ilabililks ol a kind that quallfy a8 bade na￿131 in￿rUM￿ntS BaÈiC Thnanc￿l instrLwnen16 are i14tialty recogri8ed atlrgw¢bon ¥okne sutsgeqwnlty rnea4ur¢d atlhoirsetuemom valut.