Regi￿(Cr￿￿ Clidi-iLy P4uiiib¢i- l 101574
AL MADAD FOUNDATION
Trustees, report and financial statements
For the year ended 31 Deeember 2024

Al M2dad FoundatlOD
Contenls
Page
Legal and administrative infom]ation
Trustees, report
24
Independent Examiner's report
Financial actiVkti¢s
Balance sheet
Not¢ to the financial staternents
8-10

Al Madad Foundation
Legal alld Administrative Information
Ti'ustees
Yastnin Alireza
Basma AliR"eza
Faiza Meyassar
Charity Nunibcr
1101574
Chai'ity Office
52 Mount Street
London
WIK2SF
Accountants
Jolly & Co.
450 Bath Road
Longford
Hcdilii"uw
UB7 OBB
Bankers
Unity Trust Bank
HSBC Bank
Vii'gin Money
Page I

Al Madad W'oundation
Trustees, report
For the year ended 31 December 2024
Trustees:
The trustees, names on the charity's infoimation page have served tl]roughout tli¢ year.
Appointment of the trustees is governed by the Trust Deed of the cliw'ity. The Board of
Trustees is authoi'ised to appoint new ts'ustees to fill vacancies ￿"1s1ng tlwough i'esignation oi,
death of an existing tIU5tce.
Structiii'e Governance and Management:
The Foundation is both funded directly by the tI￿steeS, as well as thi.ough donations and
fundraising activities organised by its funding arm, Al Madad Foundation Funding Liniited.
Al Madad Foundation is iwn by the BO￿￿, which meets regularly to review sts'ategy, agree on
mattel's concei'ning on- going projects and confinn new projects as well as to regulate and
monitor financial mattels.
Iiivestment Poivers:
Tlie Ti'ust Deed autFLorises the trustees to make and hold invcstments using the general funds of
the ch￿"ity, but no such ilivestinents are presently heEd.
Constitutioi), objects* pollcle5 yuljlic bcucfit:
The Charitable Trust is constituted by the Trust Deed, and its objects are:
-To effect change in th¢ lives of disadvantaged and displaced chÈldren tl]rough the means of
education, artistic expression and holistic wellbeing
-To pi'omote an iinderstanding of the atts in an educational setting
-To pi'eseive at i'isk oi. tnarginalised heritage or cultural activities
-To advocate for the communities we support and be a trustsd and authoj'i￿tlve sow'ce of
infomiation
Devclopmellt, aetivities and achievements:
Woi'k in CTaza and the West Bank (Palesline) continued fi'om 2023 into 2024. Oiir Gaza
emei'g¢ncy project with Palestinian Centre for Communications and Development Strategies
(PCCDS) distributed hygiene supplies, nappies, baby milk and otl)er essential pi'oducts to new
motheis. A Health Visitor was also on-hand at every distribution to provide birast-feeding
support and advice. Ovei. the coui'se of 2 distributions, we gave out around l 000 packs. We also
funded Filst Aid Kits in the W¢st Bank widi training foi. 400 specially appointed volunteei's. The
saine partner also finished its 2-yeai' STEPS project in the West Bank in Decembei. 2024. This
pi'oject reached 2000 pupils in UNRWA schools wilh sight and hearing tests and pi'ovided
specialist equipment (spectacles oi. hearing aids) to around a third of them.
In reaction to what has been a continuation of the crisis and uncertainty in Leb<inoii tliat we saw
in 2021, 2022 and 2023 we renewed our support for four specially selected schooks in tlie Beirut
'ea. In subsiding the fees for struggling families at these institutions, AMF has helped to Iceep
Lebanese and Syrian i'efugee children in school and (indii'ectly) suppoi'ted the teachiiig staff who
continiie to .qti'ive fnr the best in alinosl uniinaginably Strained circunistances. Wlien war bl'oke
out, AMF was able to act quickly using this netwoik. A shelter for displaced Lebanese families
at Adventist School Mouseitbeli (Beirut) was funded by AMF as wer¢ books and essential
clotlies for pupils at SSCC school (Beirut). We also J'eturned to foiThei' paitnei. Raliitia for
Special Needs to pi'ovide winter clothes and slioes for fan]ilies using theii- netwoi'k in Tripoli.
360 childi¢iL W¥L"L lielpcd in this way.
Page 2
Contd..

Al Madad Foundation
Trustees, repoi't
For the year ended 31 December 2024
Future Developments:
As we look ahead to 2025, Lebanon remains a priority, and we will take & view on wliere our
help is most needed if tliis period of crisis and uncertainty continues. We hope to help in the
Soiith of the country in rebuilding efforts if we can. We are also in talks with various
oÈ'ganisations to try to plaT] assistance in (iaza when it is possible to work In Ihis very tt-oubl¢d
&i'ea. We have launclied the Spring Grant 2025 and Sniall Grants 2025 to seek new projects and
new partnei's in our pi'iority areas.
FinAnci21 Review
Funds available are sufficient to pern]it the T￿51 to continue in opei'ation in the shoit teiin, given
the continued support of the donors has already l)een promised, Should this suppoit not continue
in the longei. term, fuither financial support would need to be sought to repl&¢e it.
Risk Mankigement
The ti'ustees actively review on a regulai" basis any majoi. risks which the cliarity faces 2nd
believe tliat maintaining reserves at current levels. coinbined with an anniial review of tlie
controls ovei. key financial systenis, will provide sufficient resources Tn the event of adverse
conditÈons. The b'ustees have also examined other operational and business risks faced by the
charity and confjm that they have estsblished systems to mitigate these.
Reserves Policy
Tlie i'eserves of the chaytty which are carried forward froni year lo year would i'arely exceed tlie
equivalent of one year's income. The reserves held are considered to be a prudent miniinuin to
ensuL'e that thc work of the charKty conlinues in an ordei'ly manner fi'om ye￿. to yeai, even wlien
donations may fluciuaie. It also provides fuiidb. fur wiy dcvclopin¢nt and cxpansion woi'k in the
future.
Page 3

Al Madad Foundation
Trustees, Report
For the year ended 31 December 2024
TRUSTEES, RESPONSIBILITIES IN RELATION THE FINANCIAL STATEMENTS
The charity trustees are responsible for preparing a trustees, annual i'eport and financial
statements in accordance with applicable law and United Kingdom Accounting Standards
(Untted Kingdutn O¥iieA'ally Acceptcd Accounting Practice).
The law applicable to Ch￿ItIeS in England and Wales requires the charity tI￿sleeS to prepare
fitumcial statements for each year which give a true and fair view of the state of affails of the
charity and of the incoming resources and application of resourc&8 of the charity foi" that period.
Preparing the financial statements the trustees are required to:
Select suitable accounting policies and then apply them consistently
Observe the methods and principles in the applicable Charities SORP
Makc judgementg and estimates that are reasonable 8nd prudent
State whether applicable accounting standards have been followed subject to any
material departures disclosed and explained in the tinancial statements
Preparc the financial statements on the going concern basis unless it 18 appropriate to
presume that the chaiity will continue in business
The trustees are responsibl¢ for keeping proper accounting records which disclose with
i'easonable accuracy at any time the financial position of the charity and enables them to ensure
that the financial statements comply with the Charities Act 2011 the applicable Charities
(Accounts and Repoits) RegiilAtinns 2nd the provisions of the Trust Deed. They w.e also
i'esponsible for safeguarding the assets of the charity and taking reasonable steps for the
prevention and d¢lectioii of fraud and other irrcgularities.
The tiustees are i'esponsible for the Inaintenance and integrity of the charity and financial
informaiion inclltdcd UII tlic Charity's website. Lcgislation in the United Kingdom govei'ning the
prep￿.ation and dissemination of financial statements may differ from legislation in othei.
jurisdictions.
Approval
This report was approved by the trustees on 20 February 2025 and signed on their behalf.
Basma Alireza
Trustee
Page 4

Al Madad Fouttdatlon
Independent Examiner's report to the trustees of
Al Madad Foundation ebarity
TO THE TRUSTEES OF AL MADAD FOUNDATION CHARITY
I rcport to the tivstees on my examination of the accounts of the above charity foi. the ye￿. ended
31 De¢enibeT 2024 which are Kt out on pages 6 to 10.
Responsibililies and basis report
As the chai'ily ttustees, you are responsible foi. the preparation of the accounts in accordance
with the Chai'ities Act 2011 ("the Act").
I report in iespect of my examination of the Trust's accounts carried out undei. section 145 of
the 2011 Act and in cai'rying out my examination, I have followed all the applicable Directions
given by the Charity Commission under section 145(5)(b) of the ACL
Basis of independent examiner's statement
My examination was ¢arried out En accoi"dance with General Directions given by the Chai'ity
Con)missioii. An examination includes a i'eview of the accounting i'ecords kept by the chaiity
and a eomi)ari%nn nf the accounts presented with tliose I'ecoi'ds. It also includes consideration of
any unusual items or disclosures in the accounts, and seeking explanations from you as ti'ustees
concerning any such matters. Th¢ procedures undertaken do not provide all the evidence that
would be requii'ed an audit, and consequently no opinion is given a5 to whether the accounts
present a 'tiue and fail. view, and the report is limited to those 1112ttei's set out in the statement
below.
Independent examiner's statement
Tlie charity's gross income exceeded £250,000 and l ain qualified to undertake the
examination by beÉng a qualified meKnber of Association of Charteied Certified Accountants.
I liave completed examination. I confinn tliat no inaterial inatters have coiiie to iny
attention in connection with the examination which gives me cause to believe that in, any
matei'ial i'espect.,
the accounting reco1￿5 were not kept in accordance with section 130 of the Act. or
the accounts did not accord with the accounting i'ec01'ds' oi.
the accounts did not comply with the applicable requirements concerning the foilln
and content of accounts set out in the Charities (Accounts aThd Reports) Regulations
2008 other than any i'equii'ement that the accounts give a 'ti'ue and fair, view which
is Thot a matter Considered &s part af an independent examination.
I have no concerns 2nd have come across no other inattetE in connection with tli¢
examination to which atterttion should be drawn Èli this repnrt in ardei. to enable a pi'oper
undeL5tanding of the accounts to be reached.
Mr John Thoinas B.Sc.(Econ) FCCA
450 Bath Road
Longford
Heathi'ow, UB7 OEB
Date: 20 Februaiy 2025
Page 5

Al Madad Foulldation
Statenient of Financial Activities (including Income and Expenditure Accoullt)
for thc ycar ended 31 December 2024
Unrestricted
Funds
Restiicted
Funds
Total
Fuiids
YIE
Dec 2024
Total
Funds
2024
2024
Dec 2023
Notes
Iiic(bmiiig Resources
Voluntary Income:
Donations & Ollier Income
207,583
369,725
577,308
279,596
Total Intomiiig Resovrces
207,583
369,725
577,308
279,596
Resources expeiid¢d
Cliaritable activities
289.249
289,249
188,017
Management & General
162.434
162,434
l63.723
Governance Costs
5,350
5,350
5,350
Pi'oject Coordination & Support Costs
57,924
16,338
.14,262
72,474
Cornmunicatioii & Awareness raising
7,129
7,129
6,972
Tot81 resources exijeiided
232,837
305,587
538,424
436,536
F4et movements In fuiids
(25254)
64,138
38,884
(156,940)
Total funds bi'ought fonvard
108.116
8l,327
189,443
346.383
Total fuiids carried forivard
145 465
228 327
189 443
The statetnent of financial activÈties includes all gains and losses for the period.
All Èncoining resources aiid resoiii'ces expended derive from continuing aclivities.
The llotes on P3ge 8 to JO form an inlegr21 part of the5c financial stAtenients.
P2ge 6

Al Madad Foundation
Balanee Sheet
as at 31 December 2024
YIE Dec
y￿ Dec
Notes
2024
2023
Fixed Assets
otf ice ￿qUIpment Additions
Office Equipment Depreciation charge
812
(203)
5,409
(4,597)
609
812
Ciiryent Assets
Amount due from Al Madad
Foundation Funding Limited
Prcpayments
Cash at bank and in hand
04,660
61,414
803
131,764
184,818
249,478
193,981
Creditors: amounts falling
due within one year
21,760
5,350
Iyet current assets
227,718
188,631
Iyet assets
228,327
189,443
Represented by:
Uni'estricted Funds: General fund
Restricted Funds
82,862
145,465
108,116
¥1,327
Total
228,327
189,443
These financial statements were approved by the trustees on 20 February 25 and signed
on its behalf by:
Basma AlireLg
Trustee
The notes on pages 8 to 10 form an integr21 part of these financial statements.
Page 7

Al Madad Foundation
Notes to the Financial Statements
Ilor the year ended 31 Decembei. 2024
l. Accounting policies
Tlie prir]cipal accountiiig policies are summill-ised below. The accounting policies have been
applied consistently thL'ough the year and the preceding year.
1.1 Basis of accounting
The financial statements of the charity have been prepared under historical cost convention, In
accoi'dance with the Charities SORP (FRS 102) 'Accounting ￿ld Repoiting by Cliarities:
Statement of Recommended Practite applicable to charities prep￿.Ing their accouiits in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland
(FRS 102) {effe.ctive. l .1gn1121'y 2019), and the Charities Act 2011.
1.2 Fund aceounting
ul￿esIr1eted funds are available ful- usc di itic discietioji of tlie til￿t¢¢5 in fLU'thcrancc of
the genei'al objectives of the charity.
Restricted fuiids are subjected to Irstrictions on their expenditure imposed by the donor
or through tlie teiins of an appeal.
1.3 Incoming r&soui'ces
All incoming resources are included in the statement of financial activities when the charity IS
entitled to the income and the amount can be quantÉfied with reasonable accuracy. The following
spccifjc policics orc applied to particular Categories of income=
Voluntary income is i'eceived by way of gyants, donations and gifts and is included in
full in the Statement of Financial Activities when receivable. Gi'ants, whei'e not
conditional on the delivery of a specific perforniance by the Ch￿'ity, are i'ecognised
when the Ch￿'lty become unconditionally entitled to the grant.
Donated Se￿ic¢S and facilities are included at the value to tlie chai'ity ivhere this can be
quantified. The value of services provided by volunteei's lias not been included in tliese
accounts.
Investtllent income is included where receivable.
Resources expended
Expenditure is recognised on an accrnal basis as a liability is incurred. Expenditui'e incliides wiy
VAT which cannot be fully recovcrcd, dLid is i"CPOLtcd as part of thc eApenditui'c to wl)ich it
relates:
Charitable expenditure comprises those costs incurred by the charity in the delivery of
Èts activities and services for ils beneficiaries. It includes both costs that can be
allocated directly to such activities and those costs of an indirect nature iiecessary to
suppojt thein.
Govei'nance costs include those costs associated with meeting tlie coiistitutional and
statutory requii-ements of the charity and incEude tEie audit fees and costs linked to tlie
stratcgic managcmcnt of thc chaiity.
Page 8

Al Madad Foundation
Notes to the Financial Statements
for the year ended 31 December 2024
Continued
2. DollAtiolls
YIE Dec
2024
Total
YIE Dec
2023
Total
U￿r￿triCte<l Resti'ieted
Donations & Other i'eceipts
207,583
369,725
577,308
279,596
Total
207,583
369,725
577,308
279,596
3. Cliaritable Aetiviti
2024
Total
2023
Tot%1
AMF Ait AW￿.d
Spring 2021 Gi'aTJt-LASeR
Spring 2022 Grant-National Wellness Network
Gi'ant-Autumn 2022- PCCDS-STEPS PROJECT
Lebanese Schools Prograinme
PCCDS Emeigency Project- Supporting women
Rahma (ADJI)-Eniei'gency Winterization and Emotional Support
Essential Supplies foi IDP
AMF Scholarships
411
34,856
23,824
45,000
¥3,Y26
38,580
130,661
81,295
20,000
10,000
8.713
Total Charitable Activities
289,249
188,017
4. Trustee remuneratlon & i'elated party transaction
No membei's of the management committee received any i'emuneration or expenses during tlie
pei'iod.
No trustee or other person related to the charity had any personal int¢rest in any expense
transactionentei-ed into by the ¢hat'ity during the period (2024-Nil).
P2ge 9

Al Madad Foundation
Notes to the Financial Statements
For the year ended 31 Decenibei. 2024
5. Ci'editors
Amounts falling due within one year
2024
2023
Other Creditors & Accruals
21,760 5,350
Page 10