RBGISTCRED CIIARITY NUMBEI R: 1097682 or of tlie Tj'us ee5 atsd Audited Finaiicial Stateniejits for the Year Ended 31 Marcl) 2025 for AHMA MERCY p¢r5 Lin)il¢d CharteiEd Accoiiiitaiits Harpal HQHJS 14 Holyliead Road Handsworth Wesl Midl&iids B21 OLT RAEIMA MERC Conleiits of the Fiiianci&l St&tcniu)ts OR THE YEAR ENDED 31 MARCH 2025 Page Reiioi'l of tlie'rriisloos Kepoi't of tlie Iiidcp¢iidcnt Aii(litora 6 ￿ 9 Slpteijient Of fi jiiRiicial Activiti¢s 10 BAlaiite Slieel Cksh Flow Statemeiit 12 Notes to tlie CA$h Illow Statement 13 Notes to tlie FirtRnciRI Stfitement$ 14 to 21 RAFIMA MERCY Re oi t of Ilie Tr15S FOR THE YEAIi END I MARCH 2025 The triistees preS￿t ili¢ir r¢F)¥l Wlth tli¢ finan¢ial stateiiiciit5 of tlie ¢liai'ity for tlic year eijded 31 Mareli 2025. The tTllStees liav¢ adopted tlje piovisions of Accouiiliiig at)d Reportin8 by Cliaiities.. Statement ol Recomniejided Pra¢li¢e applic&blE to cliarilies prepariiig ilieii. &ccoiiiits iii accoi'dallce willi die Fiiiallcial Reporting Slaii(5ai'd applicable iii the UK iiiid Repiiblic of Ireland IfRS 1021 leffeclive l Jaiiiiary 2019). OIIJEcfivES AND ACTIVITIES Objectives Iiiil nim$ The Obl￿tiveS of Ili¢ ¢liaYity air tlie piovisioi) of general chafitable welfare 5ervic¢s siicli as poverty relief and proniolion (>f ediicaliollal al￿ re¢iEatioiial facilitle5. Tliese are niaiiily for tlie beiTref)t of tlie seiieial public iij L¢ice8l¢rshiic (UKI, Albaiiia, Kosovo, Mac¢doiiia, Serbio, and Bosijia. )e ainis of tli6 Ti'l151 are lo assi%t orphans, persoi)s iii iieed tsr vi¢tims of man-iiiad¢ or natural di5asta's & provide cdii¢alioii'. 11 By inslilutiJJg, siipportiiig or assistiiig it] the provi5tsol) of soci£1 oi. huiiiaiiitariai) skipport, aiid 2} Pix>iiiotiiig better iiiiderstandiiigi ai)pir¢iatioJi, aiid pracli¢e of Islaiii by tli¢ PlDViSiOii of distt'ibiitioij or alms ai)d charit&bl¢ (loilatioi) ￿11 accoidaiict witli f8laniic prii)¢iples. In order to acliieve tliese obje¢lives, the Iruslees liav¢ considered t]ie Charity Coiiimission'5 gaieKal 8UsdaLiCe oil piibli¢ beijefits and also tlie suppleiiientaly Eiiidaiic¢ on ili¢ advancai)eiit of religion for piiblic benefits. Voliinteers The cliai'ity Ir¢ogiiises and is ￿'al¢fLE] fur the treii)eiidous effoils Aiid SLlPPOrt of ils voliiiiieeis ivlio involved in 5EÈwi¢e provisÉoii and fiiiidtaising. 11 lias iiot beeli possible to qiiaiilify Ilitt %lci'lii)g contiibiilion of our voliiiileers. Page I RèWMA MERCY oi t of Ilie Ti'ystccs FOR THE YBkiR ENDED 31 MARCH 2025 ACHICI VEI MEI iYTS AND PILRFORMANCE ClI￿ril￿ble Activitie5 This seclioii fociises on th¢ pro8re55 and AcliieveineiiL8 foi. each of oiir projects over ilie last year. Il provides a slim￿lary of iipdales withiii each at¢a. All ivork iiiiderttsken is aligned lo tlie orgaiiisation's imain objeclive of beiiefitting tl)e orpli￿ls, poor aiid i*edy, studeiits an(1 the resideiils oltht areas ive work lit. 0￿h{kIl Spoi)sorship The cliayily's cui'rellt spoiisorsliip ov¢r the past yeai. is al 100 orplians iii Ma¢edoiiia, 50 01'pliJi)s in S¢ibia. 300 orpliaiis in Kosovo, 700 orplians in Alballia aiid 200 01'plia115 111 Tuikiy¢, Eac]i orplian recrives Ihe eqiiiwdleiit local ciiiYcn¢y of £30 a month wljich helps iii providing for tlieir basi¢ needs. Thi5 1IIGirasE li¥ been madc to ease the rising cost of living. Mosqiie (Masjid) Coiislruction RaliJKa lias coiislru¢led 31 Mosqiies iii Albania aiid Kosovo wliich act a5 a ccAtLxI pla¢e of worsliip for locals as well as a ty)rner.%lone for the cointtiiiiiities. Deiiiand remaiDs very high foi. Mosques iji tlie villages aiid this project will coiilinut to be a coi6 fotiis of woi'kfor tlic cli&i'ity. Fresli Watei. Ivoll Pl￿jeCt A ttstal of 300 water wells liave been built wiiliin ii) Alb￿71￿ and Kosovo. The charity has beeli approaclied by sevei'al othcr vill&ges in tli¢ i'egioii foi. help willi siniilai. projects. R¢stricted fuiid5 are used for this project and thi% work will contiiiue siii)ilarly for ihe cuiijiiig yelkr. We ait eXp￿tIl]g ittcrtase ii) tli¢ pJ'Ece% foi. this project dii¢ to increased lalx)iii'costs aiid ¢vnslriictioii costs. Food aiid Meat Over 20,QOO bencficiaries aGvogs tlic Balkaiis wei-e provided witli fo)d packages to l)eli) Ilieiii dui'iiig Riiiiadan 2024 (mai￿h - April 2024}. Rice, floui., salt, siigar, oil, aijd tea iY¢re PlDvided. There is great need of Ilie l.LK>d Aid prvje¢i for fainiltes tlTrat air striiggling to iJ)ake ends Ineet. We are ijow 5UPP()tling 45 faniiliei nionthly with food at the value of £45. Triis yeai. (Jiiiie 2024) saw RahEMh dislyibute 145 theep wortli of QLirbaiii illeat within Alb￿llia. Hoii$iJig Tlie &iiii of Rahma'8 liousihg project is lo directly help tli¢ POOTest people iii Allyaijia and Kosovo. The i)JDjecl'S aiii) is to rebiiild or bvild iiew Iioin¥5 fui. those ivlio are living iii deielict biiildiii88. Rahnia's initiative to start tlie lioiising projecl has been a siiccess aiid to date we have bisili ovei. 15 hDiiSCS aiid wndiietcd itpair Ivork to oth¢rs. ReligÉoi15 Ei diie#tlon Rahma iiow siipporls 220+ lslaiiiic cdiicatioji weekeiid COEITses as of March 2025. The rcli£ioiis edI￿allOn project reniaiiis a central wJi)i)aiient of R&hnia's WO￿ aiid 15 a key objective of oiir loiig-terjii 5ttategy. Ac¢ess to YEligioiis ediichttoii siiice 1999 has eiii'iclied wid ciil)anccd tl)e i)iaiiy live5 of Ilie local peopl¢. The s¢110015 liave etiahled botli youiig and old people lo rediscov¢r thtir Iieiitage ￿ld to biiild a plairoi￿I foi. tlieim lo live a spirittially litaliliy lifcstyle. The RgliniA Acndeiny The Rahnia Acadeiiiy has beeii serviiig the local con)niunity since Sepien)ber 2013. Thi5 Stttltrof-th&ort faGility, siipw)rted by RaliinH (MeKy) aiid Jiiaiiaged by Socal paYlnerlchAI'ity, is pl￿VAding esseiitial facilitie5 for both iE8ideiils i tlie Elba5an Miisiicipality of Albaiiia, aiid tliE wider Iiatioiial wmiiiiinily. 'Ihe AcadcIiiy hoiises Ili¢ Rahma SGhDol, Girls Qiiixiii¢ tiieniorisAtioii class and weekeiid coiirses ¢oini)i'isii)g of Islamic Stiidies, IT aiid Fngltsli Icssons. The Raliiiia Scl?ool is Ilie biggest Pl￿je¢l that is operaliiig in the A¢adeJiiy. Tlitr¢ are curreiitly 450+ sttideiits raiigiiig from Niirs¢ry, up lo aiid it)cluding tlie final class of Hi811 Scliool {Y¢&i' 121. OtlEei' s¢liool% froiii tli¢ couijtry clioose tli¢ Rahnia Acadeiny as R vellue to liold Nalional coiiipetitions find events in varioiLS topi¢s raiigirtg froiii Matlleimalics lo HistOFy, as the Rahii)a Scli(K)I ha5 gained a Yepulable 8lal(Is ivitlEiJi Albania. INANCIAL RLI VIEI W Diii'ing tli¢ year riided 31 March 2025, tlie Charity re¢rived ali iiicome tolalling £4,207,604 (2024.. £3,211.906). TIIis incliided £3,520,28Q {2024: £2,849,440) ￿￿ti.￿¢t¢d donatioiis for Aliiis {SadqahlZakal) aiid Ilie Acadejiiy Project lo fvlfil Cliarity's niaiii objective. All otlier iii¢otne was iini'¢strs¢ted. Aii expeiiditiiye of £3.858,146 {2024-. £3.617.794) was iii¢uiYed lo IneEI Cliarity's pi'inie objectives in Icosovo & Albaiiia. OvEi711 tliere wa5 a siirplus of iiicoine over &Npeiiditsiir, i17cluding fiiiids biK)ught foTivaiYl. of £1,222,479 (2024.. £870,313). PRgc 2 RAHM ERCY oi't of Ilie TriLStees TIIB YEAR ENDED 31 MARCII 2 25 EflNANCIAL RLI VIEW Re5eive$ policy Ai the end of the fiiianci81 yeai. the Cliaiity lia5 res(rtcted fiind5 of £820,916 &iid iiiirestri¢ted funds of £401,563. The fiiiids will be iised accoi'diiig the condiliotis slipulated for futsire piY)ject5 and other activities enablsiig tlie Charity to fvlfil ils objeetives. FUTURE PLANS Rah]iia's ItLtegt ptDject 15 tlie Rahina I]￿liti71£ iii Albaiiia. We Iiwe slaited to actively fiindiTrisc Jialioiiwidc iii Ilie UK for tl)is ptDject. It is Ilie Inost anibilioiis proje¢l lo dale and ivÉll be biiill iii pliases. It will lioiise as ali exteiisioii foi. tlie liaht)ia S¢liool and li￿lild¢ bo8rdiiig facilities for girls witliiii il for Higl)eT Isl&niic EdiicRlioTh. Aloii£ with tliis, Iliere will be I'e¢reational areRS and woJ*sliop facilities for vocatlDnal ¢oiirses too. Tiie shell subsli'uctiii? of iliis pl￿ject has beeii ￿l￿pIe(¢d, 6%ttsi'iial cladding and glazinE h#s been instslled, and tli iiiten)al plunibEnbi ele¢tiical works ai)d tiling liave bEgiiii. We &ini is to ¢otnplel¢ tlie piDiect by April Septeiiibtr 2026 coiidiliunal lo futtding beiiig ¥e¢eived ill limr. STRUC'fuRE, GOVERNANCE AND MANAGlli MEI iyr Govei'iiiiig doeiiniellt ie cliarily. RaliiJitt (Mcrcy), is an utJiiicori)orRted tiiist, constiliilvd iijidei. & Iiusi decd dated 6 Decei)Ib¢i' 2002, supplemeiilal tlccd dalcd Noveniber 2010 and De¢einber 2019. Mie is a chaiity regislcird ivitli Ilic cl￿arIty Coniinission linder rcgistratiott nutnber I097682. Reeiijlttiient appolntmeiit of new tritslees Caiididales gre shoAlist¢d bascd on iiieiil and ¢xpei'ieii¢e. Tlie seletlioij is niade by core volulltecrs, ti'iistecs and sejiior manHgemeiit ¢ollectÉv¢ly. A vote is tIi6LI made by trustee5 fDrfiii&l s¢lccliOn. OrganF5AliuiiAI sli'L¥CtIiJ TIIE tyliai'ily ha5 gtst 5 triistee5 on the top rung of ihe orgaiiisation. An operational cojiiniittec is directly below tlie tTllStees. The CLO of die Cliayity is Mr Khalil Ahined Patel. The Operational Mai)aEer, Molian)mad Ai.har Minli&s who i¥tsrks iiiidEI' Ili¢ C.F.Q. Thc cljarity lias staff niembeiE woi'kiiig Eiiid¥i' the supervision of Nb.. Minlias. 1lic charity has voliinl¢ei% {wlio arc iiot pail of Ilie opeL71tioiial ¢oJniiiittce) Ivork oil tjie froiit liiie. lii(liietioll Aiiil ti'&lu&iJg of iieivti'iistees and employees The charity lias policies iii place to ells￿￿ ttiiiployees air ad¢qiiately tIMil￿d and Capable to Jiiecl Ilie 6xpe¢l&tions of Ilie job. As cliaiities alp rcgulal¢(l ai)d liaiidle peJ3onal infoi'matioth of i)cople. the polici¢5 are desigiied to address tlic licc￿ary kJiowledg¢ r¢quiied. I'li¢ policies that air in i)lacc iiicffiiide GDPR poltGy, Qliild prolecli()ii policy, IT policy, vuliiei?ble adiilis, ￿l1¢y, gri6van¢e w11￿ and probationary PEI'iod policy. Key mAiiAgem¢nt IlDd reiniiiieration As per the ¢oi)stiliilioii, Irii8lc¢s are ciiliiled to ienuin61.alion foi. cxpe115es incui'red due lo the cliarity. However, tl)ey gei)erally do iiot irqii¢st reiiulmcrat￿0n for iheir 5cNi¢es. As a geskniit of goodwill, expeiises (itlcliiding travel) inciii'red for the Activity of tlie cliarity are reiJiibiii'5ed Li￿)￿ iEvieiv aiid appj'oval of the CEO aiid opei7lioiial Maiiager (OMI. I Y¢lation to the iEniLineralioM of key n)anageineiil p¢rsotiJicl aiid oiher staff illeii)b¢i's, ti'ustees disciiss atid collectively agi'ce iii a Dieelii)g cliaired by Ili¢ CEO. Page 3 MERCY Re oi'l of tlie Tr￿Ste£S OR THE YEAR ENDED 31 MAIiCH 2025 STRucfuRE, COV£1 RNANCE AND MANAGEI MCI NT lut wlietlier 15ie fiiianciai strdteiiients as a wholc al'e fret from material niisstaiemeiiÈ, wlietlicr due lo ft7ud or eiroi., and to is￿1e a Report of tlie Independent Aiiditoi3 tliat in¢liid¢s ￿1r opiiiion. Reasotiable asSibi￿lieC is a higli level of a55llTance, bul is Jiot a guksiwilee that ali audil coiiduoled til accordaiic¢ witll ISA.8 IUKI will always detect a iiiaterial Iiiisslalenieiit whei) il exists. Nqisslateii)eiits can al'is¢ fi￿1￿ fraiid or criDI' lid coiisidcird nitbterial if, individually or iii Ihe &ggYegale, Iliey coiild nasonably be expected io ii)fliieiice tlie onomic dEQi5ions of users takeii on basis of tliese finaiTrGial 5talemenls. Tlie extellt to which oiir procediires arc cRpable of delectlll8 i￿egUlarItI¢s, includijig fraiid is delailed below- xt¢Elt to whicli the #udlt was eonsi(lei'e(I cllpRblÉ tsf (letecfiiig ii'i'CEiilfti'ities, ineliitling fyaiid Irregill￿7,ItlSs, iiicludiiig fraiid, are i1151anc¢s of iJoM-coniplÈaiice witli laws aiid regulalioiis. W¢ design pm¢edvres iii liiit yiih Qui. Ipsp0115ibililit5, oiiiliijetl abDVe, to dei¢ci iiifttei'ial n)isSlateikn￿itS in iespeKt of irregLilitYilies, includiiig ftaud. The extEI)t to wl)idi oiii. procediiiis are capable of delecting It￿gi11a￿ties, incli[d￿lig frdiid is delaÉled b¢low. We considered Ilie lialu￿ of IliB ¢liaritsble orgailizalion aiid ils control ￿1Viron￿le￿t, and irvi¢wcd tlie cliarity's dociim¢t)lat&oJi of tlieir policies and pi'ocediires r¢lttliiig to fraiid aiid compliance iyiih laws aiid regulations. We 8180 eiiquii'ed of maiiag¢ineiit about tlieir DWII l(l•Jlificalioii ￿)d assessment of the i'isks of iriygularilies. Wc oblained dli iinderstanding of th¢ l¢gal and tEgulatory fr￿MeWOrk that the cl)arity operates ill, aiid identified the key laws atjd reg￿latiOIls that.. liad a dircct eITwl oil tli¢ deter411iiialion of nialerial aiiioiiijls aiid di5clasiires in Ilie fsiiaiicial stat¢llienls. These included tl)c C.hai'ilics Act and lax legislatioji,. and d(p Jiot havc a direct effe¢t oti tlie financial stale1n￿lIS biit coiiipliaiicr witli wl)ich may be fiindaiK¢iital to th eliaritable orgaiiiz81ion ability to operole orto avoid a IF)Ml¥rial peiialty. We discussEd gimoiig the audit engagemen¢ leaiii regardiiig the opportiiiiities iii¢enlives tliat ittay exi$l within tjie organi7AtioJi foi. fixud and IIL)w aiid wlier¢ fiRud niight occur iii tlie fiiiaiicial stalciiiciils. In toninioji with Itll audits under ISAS IUKI, we llre also iEqiiiird lo perform specific proc¢dure5 to respoiid to tlie risk of niaiiageiiienl overridE. It] addressiiig tli¢ risk of fraiid ihrougli iiiaiia£ern¢Tlt ov¢i'i'ide of coiilrols, Ive tested tlie PPl'L4)riatenc5s of jouri)al ¢iitries fiiid otlier adjiistmeiilg. ossCS5ed ivli¢lhei' the jvdKeiiieiils niade in ni8kittg accounting e511l￿ate5 are iiidic&live of a potelllial l)ias' aiid evaliiated the busin2S5 ratioiialt of (itjy significant tl'onsactLQJlS tliat are ITt)usiial or outside ilie nornial course of busine5S. In addilioti to tlic ttsove, oui. pro¢edvYe8 lo iespoiid tD tlie risks identificd ill¢luded the following.. reviewing fii)an¢ial 8tatcnienl di5blu511res by testing to supportiiig docuniriilatioii to assess coiiiplian¢e w￿111 PIDVl8ioiis of FEl¢vaiit laws and regulali011s described as liaving a direct effcct oij tli¢ financial slateliients. peTfoiiniJix wla1￿%Cal prnccdures to id¢t?lify any iiiiu511HI oi. ynexpethd relationsliips t1￿1 niay indi¢ate I'￿SkS of ialerial mb5St#teii)eiil diie to fraud. Jwiiirii)g of manageinenl, aiid ¢xtein&l leg81 ¢011115el eoii¢eKliitig actual Rnd potenlial IttÈ8ation aiid Glaiiijs, aijd instaiices of non-coinpliAI)ce Nvith laws aii(I regiilatioiis,. and reRdiiig miniiles of iiiecliiigs orilios¢ clharged willi gov¢rnan¢e. A fiiilher descriptioii of oiir respoiisibilities foi. Ilie aiidit of t1￿ fil￿17ClaI statenients is located oil Ilie Fiiiaiicial Reporliiig Coujicil's websitc (tt wwv.fi'¢.org.utdaiiditDrsr¢wJisibilitit5. This description fon)Is part of olir Report of the Iiidepeiidei)t Auditors. Phge 8 or elldent Aiidi ors to ilie Trustees of RA Nfjerc Use of oui. iYpoi* lis rcpoit is Iiiade solely lo th¢ ¢liarity's lyiistees, a5 a body, iti accordanee witli Pait 4 of tlic Cliarities (Accounts aiid Repofts) Regiilations 2008. Oiir aiidit work lias beeii iiiideirtakeii so Iliat we i)iight stale to tlie cliarity's trLislees those niattciE we IEquiird to state lo tl)em in &ii aiiditors, I'eport aiid foi. iio oilier PUTpose. To the fiillesl exleiil p¢ri))ilted by IRW, Ive do iiol accept or assiiiiie TCSpoJisibility to allyon¢ otlier than the charity and tlie chaiity'5 truslees As a bodyi for our aiidil IVDrk. for tliis report, oi. for Ilie opstllolls we have foiined. liapers Liii)ited Cliarttitd Accoiiiitaiits Harpal H0115e 14 Holyhead lioad Handswoj'ih Bii'niiiiEhaii) Ivestmidlands B21 OLT 26 ja￿￿ary 2026 Pagc 9 RAHMA MERCY aten)eiit of fi jlla Activitieg DED 31 MARCH 2025 FOR T14E 3113125 Total 3113124 Tolal fiiiids Unre5tricled Re51TiCtEd Note5 INCOME AND fi IYDOWMEI N'TS FROfvI Doiiations and legacies 687,324 3 J20,280 4,207,604 3,211.906 Iiive5Mienl irtcoijie 2,708 2,708 932 Tolal 090,032 3,520,2¥0 4,210,312 3.212,838 I XPENDITUIIEI ON Rai5illg fuii(15 Ratsiiig doiialioiis and legacies 194,887 194,887 14,730 194,887 194,887 114,730 Cliai'ltllble 8Ctivitie5 Chaiitable projeots 3.332,279 3,332,279 3,148,112 Other 330,980 330,98 354.952 I'otAI 330,980 3,527,166 3,858,146 3,617,794 IYET INCOMFJ(EXPEI NDITUREI 359.052 (Q886) 352,166 {404,9561 R¥CONC.II.IATION ofi FUNDS Tolal fiiiids brought foi"waixl 42Jll 827,802 870?13 1,275.269 TOTAL FUNDS CARRICI D fiORWIlRD 401563 820,916 1,222,479 870,313 Tlic iiotes foiin p&rt of1h￿ fiiiaijcial 51alemenls Pag¢ IQ RAHh4A MERCY Balaticc Sliect 31 MARCH 2025 3113n5 3 113124 Naies FIXED ASSCI TS Taiigible as5ds 12 170 413 CURRCI NT ASSIITS Debtors Casli al bank and in liaiid 13 73,SS3 1,412.441 22,356 881,342 1,485,994 903,698 CREDITORS Aiiiouiils falling due witliiii oiie year 14 (263,085) (33,798} NFf CURRENT ASSETS 1,222,309 869,900 TOTAI. A&8ETS Lfiss CURIU£NT LIABILITIEI S 1,222,479 870,313 Ncl'f Assfi TS 1,222,479 870,313 FVNDS u￿r$t1.1¢1Cd fvnds Restricted fiiiids 16 401A63 820,916 42,511 827,802 TOTAL TrUNDS ,222,479 870,313 T]iE fiiiancial slateinents weir approY¢d by the Board of Tnistees aiid a¥itliorised for issue on 26 Jaiiiiary 2026 and were sigii¢d oil its b¢liplf by: Mi. A A Moti- TiTristee Tl)¢ notes forni part of Iliese finanGial.%laleiiietits Pagell RAHM ERCY sh Flow Sl FOR THE YEAR ENDED 31 MARCH 2tr25 3113ll5 3113124 Notes Iltsivs fi'oin opei'atliig RetlYitie5 Cash geiietated fiDIii opet&tioiis 528,391 (395,0451 Net Cash provided bylliiscd in) operating activities 528J91 1395,045) Cash nows fi'ojii illvestiiig Retlvities lllteresl received 2,708 932 Net cash provided by it]vesting acliviti¢s 2,708 932 Chaiige in cash aii(I cA$h equlvalejkts In the repoi'tii)g pej-iod CA511 aijd cash e(iiiivMlertts At tlie ljtgirjning of tlie J'epoi'tiijg perioil 531,099 (394,1131 881?42 1,275,455 C8sIL aiid cg51i eqiiival¢iits xt tlle ciid of tlie iYpoi'ting period 1,412,441 881,342 The iiotcs forn parl of tliese fiiianGial stat￿me1)ts Page 12 RAHMA MBRC h Flow Sl&leineii E YBAR ENDED 31 MARCH 2025 REI CONCILIAI'ION or NET INCOMEI(EXPCI NDITURE) TO NET CASH FLOW fiROfvI OPII RATING ACTIVI'I'IES 3113J2S 3113124 Net iiieoineJ(expeiidituiE) foi. tlie I'epoi'tiiig pci'iod (a5 1)ei' Ilio StRtetJiellt of Ilin*n¢iAI Activities) Adj115tmeiit$ foi.: D¢pre¢iaÉioii ¢118r8es Iiiterest receivcd (Iiicrease)Idecieasr ir debtors In(￿a5¢ iii tiediloi 352,166 1404,956) 243 (2,7081 (51,197) 229.887 387 (932) 9,239 1,217 Net ¢Asli pi'ovi(l¢(I by/{us¢il iii) opejations 528,391 (395,045) ANALYSIS ofi CHANGEI S IN NEIT FUNDS Al 1.4.24 C￿h flow At 31,3.25 Net cfysli Casli al bank aiEd iii halld 881?42 531,099 1,412A41 881J42 $31,099 1,412,441 'I'othl 881 J42 531,099 KA12,441 The iiotes forjii parl of these fillai￿la[ Statefile￿ts Page 13 RAE4N CY esto roR THE YEAR E ED31 MARCH 2025 ACCOUNTING POLICIES lknsl$ of p￿P￿￿'1￿g tlie fLiiiiiei#l slAtemellts Tlie fii)aii¢i#l sl&tements of the Charity, wlii¢h ts a public beii¢Fit eiility uiidei. FRS 102, have been preparcd iii occoJ'daiicE with th¢ ClIRI'ilies SORP IfRS 102) 'AwouiJli112 and Reportiiig by Cliariiies.. Stateiiient of Rcconirnended Practice applicablc ¢0 charities preparing ilieir ac¢oui)ts in accordai)c¢ witli tlic lffjiiiallGial Rtpoittiiig Stalld￿d applic&ble ill tlic UK aiid R¢piibli¢ of IIElai)d {FRS 102) {effective l Janiiary 2019y, rinaii¢ial Reportiiig Slaiidai'd 102 'Tli¢ Finynci&l Repoilii)g Standai¥t applicable in the UK alld RepiiblEc of Iirl8nd' aiid the Chai'ities Act 2011. Tiio fiiiaiicial Sthteji￿￿ts ljave becE) pi¢p&red linder the IIi51D¥ical ¢ost conveiilioii. liieoiiic iesoui'ees All incoilie is I'ecoEnised iii th¢ Siateiiient of FiJi&iicsal Arlivities 0ii¢e (lie charity lias enliileiiienl to thE fiiiids, il is yrobabl6 tliat the iiicome will be received and Ilie caii be nieasured reliably. Gifts in kiiid doijaled for dislributioii &i'e incliided al valuation aiid Ir¢ogiiised as incoitje wlieii they ar¢ distril)utcd Éo ihc projcct5. Giftsfileiiis doiiÉited by b115iii¢sses & ¢oi)Jmuiiities foi. distvibtitioji lo the poor & iieedy aiE oiily iii¢liided as income wliej'e a reliabl¢ valiiation is available, oili¥rwise only the cost5 Iissocialed with the transwrtalioji aiid distribiitioii of ihese ileins are 51iowii iii tlie financial stateiiients. No aiKoiints are inGliided in Ihe fiiianGial statemeiJls foi. seivsc£s donated by voluiileeis. Resoiit'ces cxpciiiled Liabilities aye JEco2ii£scd as cxpeiidituir as soon a8 tIiElf 15 A l¢gal or ¢onstiiictive obligatioji col￿￿]1￿111g ihc cliarity to tliat Expeiidiluir. it is pl￿bab]e that a trntl8fti' of cconoinic benefiL8 WIIS be YEqUiTed iii settlement aiid tli¢ amoiiiit of Ilie obligatioii can bt JiieasuiEd rc5iably. Expeiiditure is accoiijiled for oil ali accriials basis HTid lias beeii classified under headiii&4 tlial aggrcgatc ttll cost I'elalcd to (IIE catcgoiy. Whel'¢ costs cannoi diiicily altribiil¢d to particuler hudings they hav¢ been allocated Its activities oil a basis consiSt￿]t with tl)e iise of r¢soiiwcs. Fiiiid-raisiiig costs ftre those iiicurred in seekiiig voliii)tary cojitributions ond do not iiivlitde the costs of di55eiiiiiiatiiig infomiatioi) 111 5LlPP)rt vftlie charitable Rclivities. Suppoit cost5 ate th05¢ wsL% inciiricd dircctly iii siipport of cxp¢iiOilui¥ oil tlie objects (kf tl* chjrity and iiicliide projeGt Ii)0112geJiicnt cai'ricd oiil al l-leadqii jSlters. MaiiH¥emeiil and adniiiiisttatiot) cosls are tl)ose iiicurred in coiiiiecli011 wsili tlTre adnJii)istralioL) of (lie charity ai conipliance iyitli conslilutioiial aiid stalLiloiy I'eoiiii'einenls. Tai)gTrble fixe(l Rssets DepreGiation is provided at tl)e folloiviiig aiitiiial rates iii oidcr to iyi'ite off eacli asset over ils c8liiiialed ustfvl life. Improveiiieiits to proptrty Fsxturt5 and fittings Comput¢i' equEpJiiei)I 2SOIo Oll C05l 25Vo 011 Cost 25¥0 011 Cost Taiigible fixed a5s¢ts cosling i1)(￿e Iliai) £500 are ¢ypitalis¢d and iiicliided at cost includiiig &i)y iii¢id¢ntal expeiis¢s of acouisitioL. TAxRIioii The ¢118rity is exeinpt fron) Taxation piiiyoses Hiid is not regsstered for VAT. Howcver, the chaTity is allowed to laim laxon doiiations received iilld61' Ili¢ GIA Aid s¢heiiie. Fuiid Accoiiiitiii£ General fuiids (Lillah) arE uijreslricted fiiiids IhAI AIE availablc foi. u56 at Ili¢ discretioii of the Ii'uste¢s in fiirtlieranc¢ olth¢ Brn￿?1 objectives of Ilie cl)arity aiid wliicli have ilDt beei) designated for othei- piirposes. Restricted fiinds Ifitra I Zhkal) are fiiiids Ili&l air In bB iised in awordaiice with specific reslrs¢lioiis iniposed by doiM)rs oi. which hav¢ been raised by the charity for paiticiilar purposBs. The cost of raisillB and adJ)iiiiislei'iiig siIGlI fiiiids ar¢ cliarged agaiiist the spe¢ific fEind where perii)issible, otlierwise froni th¢ iiiiresliicled fviid. liivestnienl inc￿714 such as deposit iiiterest, and Kai115 aYE alloGated io the appropi'iate fund. Page 14 coiitlllued... RAHMA MERCY Notes lo tlie Fiiiancial Slat¢tLicnts- ¢oJtinyed FOR THB YÈAK ENDED 31 MARCH 2025 ACCOUNTING POLICIES- eontinyed Iloj'eigrt eui'i'elleles Assets aiid liabilslies iii foresgji ciirreiicic5 ar¢ Ilxnslaled into slei'liiig at th¢ ro¢¢s of exeliange J'uliiig &t tlit bal&ncB Sheet date. Traiisactioiis in foreiy ¢iirreiicies ar¢ traiislated ii)lo sterliiig al Ihe rate oftxcl)ang¢ rilling al tlie dole of tra115action. Exclii?iige differeiicE5 are tak¢n iiilo a¢coiiiit iii atyiving at ilie opciatillg result. Pcnslon eosts 2nd otlier posl-i¢tii'enieiit benefits Tlie cliai'ity operates a defiiiBd coiiliibiilioii peiision schemc. contri￿ttE0115 payable lo t1￿ cliarity's pension s¢h¢nie al'e charged 10 ilie Slaleiiicjil of Financial Activities in tlie pcriud io wliicli Iliey ielalc. DONATIONS AND LEGACIEI S 3113125 3 IrJ124 Doiiatioi)s Gift #id 3014,649 392,95S 3.065.616 146290 4.207,604 3,211,906 IIYVESTMEiwf INCOME 3113125 3113124 Profit oi) Al RayaEi deposits Iiilexest Received 2,036 672 932 2,708 932 IUISING DONATIONS AND GACIES 3113125 3113124 AdvekliSiiig 194,887 114,730 CHARITABLE Acfivii'iES cosrs Dir¢¢t Costs (se¢ i)ote 61 Siipport osts (see not¢ 71 Totals Cliaritable yiDjects 3J15,606 16,673 3 J32,279 Page 15 RAHMA Notes to lie Fit)a￿claI Stateineiils- ¢on FOR THE IEAR ENDED J I MARCH 2025 iiiued DFRECT COSTS ofi CIIARITAIILE ACTIVITICI S 3113n5 3113124 Orpliaii spotisorship Religious scliools, cosl l)roject Staff wag¢s and tixvel Fresh walu ivell prajects Mosqiie tojtslyiiclioii projc¢ts Housiiig And i)iedibal aids Quibani & Rainadatt pi'oje¢ts l-lelping Ihe i)oor aiid iieedy DonatioThs to other s)IDjE¢ts Acadeiiiy & Fliiclioi) pmje¢ts Raliiiia Inslitiite Albania 477,070 1,105?04 136,148 17,534 165,994 80,331 381,917 64,728 17,492 406,715 994,082 192.079 44,960 32,332 84,054 358.107 8,083 508,748 7,119 460.719 835,639 3 JL5,606 3,096,998 SUPPORT COSI'S Admin and GovEmatt¢e costs Costs I'olals Otlici. resoiirces expended Chai'itable projects 320,436 12,237 10,544 4,436 330,980 16,673 332,673 A4,980 347,653 AUDITORS, RCI MUNEI RATION 3113n5 3113124 Fees payable to tlie charity's auditors fDI' the aiidit of the ¢h&rity's finaii¢ial slaleiiienL 2AOO 2,400 TRUSTEI ES, IlbMUNERATION AND B£INEFITS There werc no tnistees, r¢niiiiicJYlioii oi. othei. benefits for ihe year elided 31 March 2025 1)or for Ilie yeay Ended 31 Mardi 2024. Ti'115tees' expuises There were iio ITiLslees' expcjises paid for tlie yeaT elided 31 March 2025 nor for the year elided 31 March 2024. Page 16 continiied... RAHNIA MERCY Notes to th¢ Financial St teiiienls- coJititJiied FOR THE YEAR ENDED 31 MARCH 2025 io. YArifi cosrs J11312S 3 l13r24 Wages and sfilaries SoGial ￿lirilY casts Otlier pension costs 230JE58 13,369 2,28 234,974 12,940 2,380 246,513 250,294 'rii¢ aveiage montlily nuniber of employees duringthc year was as folloiys.. 3A13125 12 3113124 12 Admiji, futidraising and niarketing No ei)Iployee5 ifcEived ¢nioluineiit8 iii exc¢ss of£60,000. ii. COMPARATIVII S FOR THE sfATCI MEI IYT ofi FtNANCIAL ACTIVITirs Ufiresti'icled fuiid R¢stiicled Tothl fiiiids INCOME ANI) £NDOWMENTS fillom Donatio1￿ aiid lega¢i¢s 362,466 2,849,440 3,211,906 Investnietit IIIC￿le 932 932 Tothl 163,398 2,849,440 3,212,838 XPENDITURE ON Raisiiig doiwtions legacies 114,730 114,730 114,73Q 14,730 Clifti'i(Mble xctivilies Cliaiilable projects 3,148,112 3,148,112 Other 354,952 354,9S2 Totil 354,952 3,262,842 3.617,794 NIIT INCOME/{CI XPENDITUIIE} 8.446 1413,402) (404,956) CONCILIATION OF FUNDS Tolal fiijids biDiiglit foriyfiid 34,065 1,241,204 1,275,269 TOTAL IIUNDS CARRIED IfoRWARD 42.511 827,802 870.313 Page 17 RAHMA ERC Notes lo the FiiiaiiGial SlateiJitnls- coiitiiiued FOR THE YEAR ENDED 31 MARCH 202 12, TANGIBLE VIXEI D A&8E4TS Iinptovciiients Fixliirtss Coinputer propeTty rJlli11£5 Totals cosr At l April 2024 aiid 31 Mareh 2025 13P50 4,014 18,594 35,958 DEPREICIATION Al l AprÈl 2024 ChaTge foi. year 13 J50 3,912 65 18,283 178 35,545 243 At 31 M8rdi 2025 13,350 3,977 18,461 35,788 NRT BOOI< VALUE At 31 March 2025 37 133 170 At 31 March 2024 102 311 413 13. DEJI'foRS: IiMOUN'rs riALLING DUE WITHIIY ONE YEAR 3113125 31rJ124 Paypic l Alc 73,553 22,356 14. CREDITORS: AMOUNTS fiALLING DUE WITHIPI ONE YEI AR 3113125 3113124 TrRd¢ citdilors axatioii and social se¢urily other creditors 1,682 4,515 257,488 6,151 4,501 23,546 263,685 33,798 15. ANALYSIS OV NEIT ASSETS JIETWEEI N fi UNDS 3113125 Total fuijds 3113124 Total fi)nds Unrestricte fuiid Rcstl'lGled fili Fixed assets Ciii'rent assEt5 Current li&bilities R70 665,078 (263,685) 170 1,485,994 (263,685) 413 903.698 133,798) 820,916 401,563 820,9I6 1222,479 870,313 Page 18 contiiiiied... RAHMA MERCY Notes to tlie FiE)ai)Gi#l StaleJiieiJts- contuiiied FOR THE IEAR ENDED 31 MARCH 2 25 16. MOVCI MEIIYT IN fuNDS Nel moveii)eiit in fuiids At 31.3.25 At 1.4.24 Uiij'esti'icted fiiEJds General fiijmi 42,511 359,052 401,563 ResÉi'icted fiLTi(Is Genei?I fujid 827,802 (6,886) 820,916 TOTAL fi UNDS 870,313 352,166 1,122,479 Nei i))ovement iii fiijids. Èiicluded ii) Ilie above are as follows: Inconiing resoiirces Resol1r￿S expended Movement Èn fviids General fund 690,032 (330,980) 359,052 Rtstrlcte¢l funds (ieiieral fiiiid 3,520,280 P,527,166) {6.886} TOTAL FUNDS 4,210,312 (3,8S8,146) 352,166 Comp#i'atives for moveimeiit fiirtlls Net nioveilleiit in fiinds At 31.3.24 A¢ 1.4.23 Uni't5tricteEI fiiiid5 General fund 34,065 8.446 42,511 Rtstrlcled futids Geiieral fiiiid 1,241,204 (413,4021 827,802 TOTAL fi UNDS 1,275,269 (404,956) 870 J13 Page 19 RAFIMA NIERCY Notes to the Fiiiaiicial Stat¢mcn15- coiiliiiiied FOR THE YEAR ENDED 31 MARCH 2025 16. MOVEMENT IN fuNDS- tojitiiiiied Coinpa¥aliv¢ iiet niovemellt in fiiiids, included in t7￿ *btsYe are as folloiys.. Resoiiires ¢xi)eiided Movemeiit iii fiind5 resoiirce5 UTlI'estrlcfe(I fuiids Geiiernl fili 363,398 1354.952) 8,446 Resti'icted fiiyii15 Gen¢ral fiiiid 2,849,440 (3,262,842) (413,402) TOTAL FUNDS 3,212,838 {3,617,794) 1404,956) A cui'reiil year 12 inottdis ai)d prior year 12 n)ont115 coinbiiied position is as follows.. Net moveni¢nt Iii funds Al 31.3.25 At 1.4.23 Uni'esti'icted fun(Is General lund 34,065 367,498 401,563 Geneial fund 1,241,204 (420,288) 820,916 TOTAL VUNDS 1,275,269 {52.790) 1.222,479 A Giirreiit y￿r 12 nionths and prior year 12 n)onihs combined iiet iiiovenlent iii fiiiids, iii¢luded lil the above arc as follow5.. Resoiiire5 expended Movem¢i)t resouTce5 Geiieral fiind 1,053,430 {685,9321 367.498 Restrlete(I fiiiJd$ Gei)etRI fiifid 6,369,T20 (6,790,008) {420,288) TOTAL FUNDS 7,423,150 {7,475.9401 {52,7901 Page 20 ntinued... RAHMA MERCY Notes to the fiiiaiicial Stalemeiils- continiied FOR THF, YEAR ENDED 31 MARCH 2025 17. RELATED PARI'Y DISCLOSURES Therewei'e no related paity transactions for tl)e year elided 31 March 2025. Pag¢21