# **THE ANNUAL REPORT**
2 0 **2 1**
**COMPANY REGISTRATION NUMBER:** 04785585
**REGISTERED CHARITY NUMBER:** 1102949
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ANNUAL REPORT 2021
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## OUR OBJECTIVE **ADVANCEMENT**
## TRUE TEACHINGS OF ISLAM
**ABOUT AMJ INTERNATIONAL**
The Ahmadiyya Muslim Jamaat was founded in 1889 in a small Indian village and the community is now established in over 213 countries and has tens of millions of members worldwide. Throughout the world Ahmadi Muslims have become renowned for their commitment to peace, their law-abiding nature and determination to create a harmonious society for all people, regardless of their nationality, ethnicity or faith.
_The Promised Messiah (as) and Imam Mahdi._
Hazrat Mirza Ghulam Ahmad (as) was the Promised Messiah (as) and Imam Mahdi, foretold by The Holy Prophet (sa) of Islam.
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**ANNUAL REPORT** 2021
## TABLE OF CONTENTS
_“All praise belongs to Allah, Lord of all the worlds; and peace and blessings be upon His Messenger Muhammad, his progeny and all companions of his.”_
## **SECTION**
|1|**TRUSTEES AND ADVISORS**||
|---|---|---|
|02|INTRODUCTION TO AHMADIYYA MUSLIM JAMAAT||
|03|INTRODUCTION TO HAZRAT MIRZA MASROOR AHMAD (MAY ALLAH BE HIS HELPER)||
## **SECTION**
|2|**TRUSTEES’ REPORT**|
|---|---|
|04|STRATEGIC REPORT|
|05|STATEMENT OF TRUSTEES’ RESPONSIBILITIES|
|06|INDEPENDENT AUDITOR’S REPORT|
## **SECTION**
|3|**FINANCIAL REPORT**|
|---|---|
|07|STATEMENT OF FINANCIAL ACTIVITIES|
|08|BALANCE SHEET|
|09|CASH FLOW STATEMENT|
|10|NOTES TO THE ACCOUNTS|
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**ANNUAL REPORT** 2021
## TRUSTEES & ADVISORS
## **CHAIRMAN OF THE BOARD OF TRUSTEES**
## HIBATUNNOER LODEWIJK VERHANGEN
## **BOARD OF TRUSTEES**
MUBARAK AHMAD ZAFAR (Chairman Of The Finance Committee)
SHAJAR AHMAD FAROOQI FCA - (Comapany & Finance Committee Secretary)
ABDUL MAJID TAHIR (Member Of The Finance Committee)
MUNIR-UD-DIN SHAMS (Member Of The Finance Committee)
NASEER AHMAD QAMAR
ABDULLAH U. WAGISHAUSER
LAL KHAN MALIK
DR. FAROOQ MAHMOOD - (Appointed on 27th January 2021)
## **REGISTERED/ PRINCIPAL OFFICE**
ADDRESS: TAHIR HOUSE, 22 DEER PARK ROAD, LONDON, SW19 3TL
TELEPHONE: +44 (0) 208 544 7602 / 7627-8
EMAIL: info@amjinternational.org
WEBSITE: www.amjinternational.org
REGISTERED CHARITY NUMBER: 1102949
COMPANY REGISTRATION NUMBER: 04785585
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**ANNUAL REPORT** 2021
## TRUSTEES & ADVISORS
## **AUDITORS**
RSM UK AUDIT LLP
CHARTERED ACCOUNTANTS AND STATUTORY AUDITOR DAVIDSON HOUSE, THE FORBURY, READING, RG1 3EU, UNITED KINGDOM
## **SOLICITORS**
FARRER & CO LLP
66 LINCOLN’S INN FIELDS,
LONDON,
WC2A 3LH, UNITED KINGDOM
## **BANKERS**
NATIONAL WESTMINSTER BANK PLC.
2ND FLOOR G3, 2 CATHEDRAL HILL, GUILDFORD,
GU1 32R, UNITED KINGDOM
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**ANNUAL REPORT** 2021
## INTRODUCTION TO AHMADIYYA MUSLIM JAMAAT
The Ahmadiyya Muslim Jamaat is a dynamic, fast growing international revival movement within Islam. Founded in 1889, it spans 213 countries with membership exceeding tens of millions. Its current headquarters are in the United Kingdom.
Ahmadiyya Muslim Jamaat is the only Islamic organization to believe that the long-awaited Messiah has come in the person of Mirza Ghulam Ahmad (as) (1835-1908) of Qadian. Ahmad (as) claimed to be the metaphorical second coming of Jesus (as) of Nazareth and the divine guide, whose advent was foretold by the Prophet of Islam, Muhammad (saw). Ahmadiyya Muslim Jamaat believes that God sent Ahmad (as), like Jesus (as), to end religious wars, condemn bloodshed and reinstitute morality, justice and peace. Ahmad’s (as) advent has brought about an unprecedented era of Islamic revival. He divested Islam of fanatical beliefs and practices by vigorously championing Islam’s true and essential teachings. He also recognized the noble teachings of the great religious founders and saints, including Zoroaster (as), Abraham (as), Moses (as), Jesus (as), Krishna (as), Buddha (as), Confucius (as), Lao Tzu and Guru Nanak, and explained how such teachings converged into the one true Islam.
Ahmadiyya Muslim Jamaat is the foremost Islamic organization to categorically reject terrorism in any form. Over a century ago, Ahmad (as) emphatically declared that an aggressive “jihad by the sword” has no place in Islam. In its place, he taught his followers to wage a bloodless, intellectual “jihad of the pen” to defend Islam. To this end, Ahmad (as) penned over 80 books and tens of thousands of letters, delivered hundreds of lectures, and engaged in scores of public debates. His rigorous and rational defences of Islam unsettled conventional Muslim thinking. As part of its effort to revive Islam, Ahmadiyya Muslim Jamaat
## **THE PROMISED MESSIAH (AS)** HAZRAT MIRZA GHULAM AHMAD (AS)
continues to spread Ahmad’s (as) teachings of moderation and restraint in the face of bitter opposition from parts of the Muslim world.
Similarly, it is the only Islamic organization to endorse a separation of religion and State. Over a century ago, Ahmad (as) taught his followers to protect the sanctity of both religion and government by becoming righteous souls as well as loyal citizens. He cautioned against irrational interpretations of Qur’anic pronouncements and misapplications of Islamic law. He continually voiced his concerns over protecting the rights of God’s creatures.
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**ANNUAL REPORT** 2021
## INTRODUCTION TO AHMADIYYA MUSLIM JAMAAT
Today, it continues to be an advocate for universal human rights and protections for religious and other minorities. It champions the empowerment and education of women. Its members are among the most law-abiding, educated, and engaged Muslims in the world.
Ahmadiyya Muslim Jamaat is the only Islamic organization with a central spiritual leader. Over a century ago, Ahmad (as) reminded his followers of God’s promise to safeguard the message of Islam through khilafat (the spiritual institution of successorship to prophet hood). It believes that only spiritual successorship can uphold the true values of Islam and unite humanity. Five spiritual leaders have succeeded Ahmad (as) since his demise in 1908. Its fifth and current spiritual head, Mirza Masroor Ahmad, resides in the United Kingdom. Under the leadership of its spiritual successors, Ahmadiyya Muslim Jamaat has now built over 16,000 mosques, 714 schools, and over 41 hospitals and clinics. It has translated the Holy Qur’an into 74 languages. It propagates the true teachings of Islam and the message of peace and tolerance through a twenty-four hour satellite television channel (MTA), the Internet (alislam.org) and print (Islam International Publications). It has been at the forefront of worldwide disaster relief through an independent charitable organization, Humanity First.
_“He it is Who has raised among the unlettered people a Messenger from among themselves who recites unto them His Signs, and purifies them, and teaches them the Book and Wisdom though before that they were in manifest error; And He will raise him among others of them who have not yet joined them. He is the Mighty, the Wise.” (62:3-4)_
ONE OF THE COMPANIONS OF THE HOLY PROPHET[(PEACE BE UPON HIM)] QUESTIONED TO WHO THIS VERSE RELATES TO, AND THE PROPHET OF ISLAM[(PEACE BE UPON HIM)] REPLIED WHILE PUTTING HIS HAND ON SALMAN[(RA)] , A PERSIAN MAN,
_“If faith were to go up to the Pleiades, a man from among these would surely find it.” (Bukhari)._
## **Hazrat Mirza Ghulam Ahmad(as)**
Is that Promised Reformer of the later age.
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**ANNUAL REPORT** 2021
## INTRODUCTION TO HAZRAT MIRZA MASROOR AHMAD[(MAY ALLAH BE HIS HELPER)]
His Holiness, Hazrat Mirza Masroor Ahmad (Mirza Mas-roor Ah-mad), is the fifth Khalifa (Caliph) of the Ahmadiyya Muslim Community. Elected to this lifelong position on 22 April 2003, he serves as the worldwide spiritual leader of an international religious community with tens of millions of members spread across more than 213 countries.
## **Peace Initiatives**
His Holiness is the world’s leading Muslim figure promoting peace and inter-religious harmony. Through his sermons, lectures, books, and personal meetings, His Holiness has continuously advocated the worship of God Almighty and serving humanity. He also continuously advocates the establishment of universal human rights, a just society and separation of religion and state. Since being elected Khalifa, His Holiness has led a worldwide campaign to convey the peaceful message of Islam through all forms of print and digital media. Under his leadership, national branches of the Ahmadiyya Muslim Community have launched campaigns that reflect the true and peaceful teachings of Islam. Ahmadi Muslims all over the world are engaged in grassroots efforts to distribute millions of ‘Peace’ leaflets to Muslims and non-Muslims alike, host interfaith and peace symposia, and present exhibitions of The Holy Qur’an to present its true and noble message. These campaigns have received worldwide media coverage and demonstrate that Islam champions peace, loyalty to one’s country of residence and service to humanity.
## **KHALIFATUL MASIH V**
HAZRAT MIRZA MASROOR AHMAD[(MAY ALLAH BE HIS HELPER)]
iticians, religious leaders and other dignitaries. In 2009, His Holiness also launched the annual ‘Ahmadiyya Muslim Prize for the Advancement of Peace’: an international peace award for individuals or organisations that have demonstrated an extraordinary commitment and service to the cause of peace and humanitarianism.
In 2004, His Holiness launched the annual National Peace Symposium in which guests from all walks of life come together to exchange ideas on the promotion of peace and harmony. Every year, the symposium attracts many serving ministers, parliamentarians, pol-
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**ANNUAL REPORT** 2021
## INTRODUCTION TO HAZRAT MIRZA MASROOR AHMAD[(MAY ALLAH BE HIS HELPER)]
## **Communication with Ahmadi Muslims**
His Holiness receives thousands of letters every day from Ahmadi Muslims worldwide, seeking his guidance and prayers. As well as responding to all such letters, His Holiness meets with individual members of the Community, on a daily basis. Every week, His Holiness delivers a Friday Sermon in which he addresses all members of the Ahmadiyya Muslim Community worldwide. The sermon is broadcast globally live on MTA International an Ahmadi Muslim satellite television station established in 1992, and translated into various languages. His Holiness uses his sermons to counsel Ahmadi Muslims about various issues of importance.
## **Response to Persecution**
Following his election in 2003, His Holiness was forced into exile from Pakistan, his native country. Pakistan’s Constitution and Penal Code restrict members of the Ahmadiyya Muslim Community from practising or associating with Islam, or from even identifying themselves as Muslims. Violations of these repressive laws result in fines, imprisonment, and potentially capital punishment. Consequently, the legislation prevents His Holiness from fulfilling his duties as Head of the Community and accordingly, he is unable to return to Pakistan. Despite the continued sectarian persecution that Ahmadi Muslims are subjected to in various Muslim majority nations, His Holiness expressly forbids any violence. On 28 May 2010, anti-Ahmadiyya terrorists attacked two mosques belonging to the Ahmadiyya Muslim Community in Lahore, Pakistan. 86 Ahmadi Muslims were martyred during their Friday Prayers, whilst several more were injured. Despite the barbaric nature of this pre-meditated crime against humanity, His Holiness instructed Ahmadi Muslims worldwide to respond only through prayers and entirely peaceful means.
## **Personal Biography**
His Holiness was born on 15 September 1950 in Rabwah, Pakistan, to the late Mirza Mansoor Ahmad and the late Nasira Begum Ahmad. Upon completing his Master’s Degree in Agricultural Economics in 1977 from the Agriculture University in Faisalabad, Pakistan, His Holiness formally dedicated his life to the service of Islam. From 1977 to 1985, His Holiness served in Ghana, engaged in social, educational and agricultural development projects. He is credited with successfully growing wheat on Ghanaian soil for the first time in the nation’s history. His Holiness returned to Pakistan in 1985 and served in various senior administrative posts within the Community during the next 18 years, including as Chief Executive of the Ahmadiyya Muslim Community in Pakistan from 1997 until his election as Khalifa. His Holiness resides in London, England, with his wife, Amtul Sabooh Ahmad. He has two children and five grandchildren. His hobbies include gardening, reading, photography and walking. As the spiritual leader of Ahmadi Muslims all over the world, he vigorously champions the cause of Islam through a refreshing message of peace and compassion.
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**ANNUAL REPORT** 2021
_Do not think that this is all fancy. This is the decree of Allah the Almighty, the Ruler of the earth and the heavens. I am not worried over how all this property will be collected and how a community will grow up to accomplish all this in the strength of its faith. What I do worry about is lest, after our time, those who are put in charge of these funds should be tempted by their volume and should yield to such temptation and incline towards the world. So I pray that God may_
_continue to provide this Movement with honest and faithful workers who should work for the sake of God, though it would be permissible that in the case of those who have no other means of subsistence, an allowance may be made out of these funds._
Hazrat Mirza Ghulam Ahmad, the Promised Messiah and Founder of the Ahmadiyya Muslim Jamaat said in :
**The Will**
AI-WASIYYAT
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**ANNUAL REPORT** 2021
## TRUSTEES’ REPORT
The trustees are pleased to present their report together with the financial statements of the Charity for the year ended 31 December 2021. The financial statements have been prepared in accordance with the accounting policies set out in the notes to the financial statements and comply with the charity’s governing document, the Charities Act 2011 and the Companies Act 2006 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) effective 1 January 2019.
AMJ International is a charitable company limited by guarantee. Under the terms of the guarantee, each member has agreed to contribute £1 in the event that the Charity is wound up.
## OUR OBJECTIVES
## **The objects for which the Charity is established are:**
- the advancement of the Muslim faith worldwide as expounded by Hazrat Mirza Ghulam Ahmad of Qadian, the Promised Messiah and the Founder of the Ahmadiyya Movement and interpreted by his successor known as Khalifatul Masih. The present Khalifatul Masih is Hazrat Mirza Masroor Ahmad Khalifatul Masih V(May Allah be his Helper);
- to promote generally an understanding of the moral and spiritual values propounded by Islam;
- to do and promote charity and to promote and advance the welfare and well being of people at large;
- to advance religious and secular education;
- to relieve poverty and sickness and the suffering of those affected, amongst others, by disease, natural disaster, war and other conflicts; and
- to promote the advancement of scientific research and learning.
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**ANNUAL REPORT** 2021
## ACTIVITIES & PERFORMANCE
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ACTIVITY 4
ACTIVITY 1
the award of scholarships
the propagation of Islam for higher education;
worldwide;
ACTIVITY 5
ACTIVITY 2
the provision of emergency
the building
relief in cases of natural
of mosques,
disasters; and
hospitals and
schools;
ACTIVITY 6
ACTIVITY 3
assistance to the
scientific research and
deserving and needy.
development;
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## THE PROPAGATION OF ISLAM WORLDWIDE
- Jamaats have been established across the globe in 213 countries of the world. In the last 35 years alone, Allah has blessed the Jamaat with 122 new countries.
- The message of Ahmadiyyat reached 829 new places.
- 403 new Jamaats had been established around the world.In terms of establishing new Jamaats in various areas, Nigeria was at the top of the list where established new Jamaat were 89, then Congo-Kinshasa and then Sierra Leone, where established new Jamaat were 40.
- In 103 countries a total of 6,984,000 leaflets were distributed.
- From 92 countries 384 different books, pamphlets and other publications were published in 39 languages of which 3,688,000 copies were printed.
- 75,745 books were dispatched to different countries.
- 315,000 books printed by the Raqeem Press in the UK.
- The first Ahmadiyya mosque in Principe Island has been established.
- The first Ahmadiyya mosque in Belize has been built.
- A new website www.openquran.com has been established.
- 1,970 various exhibitions were held which were attended by about 175,000 people.
- There are total 27 radio stations of the Jamaat around the world.
- 8 MTA channels are operating 24 hours a day and translation is available in 17 different languages.
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**ANNUAL REPORT** 2021
## ACTIVITIES & PERFORMANCE
## THE BUILDING OF MOSQUES, HOSPITALS AND SCHOOLS
- 135 mosques had been established. Of these 76 were Newely built while 211 existing mosques were acquired. Ghana at top with 31 new mosques.
- 123 new mission houses have been built this year.
- 591 regional and central libraries have been established in 90 different countries.
- 37 hospitals have been established in 12 countries.
## SCIENTIFIC RESEARCH AND DEVELOPMENT
- Investigate and provide renewable energy solutions to remote parts of Africa.
- IAAAE has been working on various projects, for example Water for Life and other such projects.
- The IAAAE had also now established 19 model village projects in nine countries and was working on various other humanitarian projects.
## THE AWARD OF SCHOLARSHIPS FOR HIGHER EDUCATION
- During the year 6,307 students were awarded scholarships.
- We now have 685 schools in 12 countries.
## THE PROVISION OF EMERGENCY RELIEF
## IN CASES OF NATURAL DISASTERS
- Although Humanity First is an independent charity, nontheless, members of AMJ provide them with human resource and financial aid. A lot of their projects and disaster aid schemes are funded by AMJ.We now have 685 schools in 12 countries.
- Humanity First (HF) started formally as a registered charity in 1994 in the UK. Since its inception, HF has responded to several disasters and served hundreds of thousands of victims in various affected communities. Soon, the organization’s scope of operations expanded beyond disaster relief to several sustainable human development projects and initiatives around the world.
- Humanity First has been serving humanity for the last 26 years and is established in 54 countries.
## ASSISTANCE TO THE DESERVING AND NEEDY
- Furthermore, various medical camps had helped thousands of vulnerable and under-privileged people.
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**ANNUAL REPORT** 2021
## TRUSTEES’ REPORT
The trustees have taken The Charity Commission’s general guidance on public benefit (contained within their guidance publication “Charities and Public Benefit”), and the specific guidance on public benefit into consideration in preparing their statement on public benefit contained within this trustees’ annual report.
## **Corporate Governance**
## **TRUSTEES’ ASSESSMENT OF PUBLIC BENEFIT, BENEFITS & BENEFICIARIES**
The primary beneficiaries of the charity are those that are set out in this report. The trustees’ assessment of public benefit is therefore based upon the actual performance reported for the year.
The governing body of AMJ International is the Board of Trustees, which comprises nine members. The Board meets formally at least three times a year, but the trustees meet informally on many occasions throughout the year.
The Board has formally established a sub-committee, “The Finance Committee”, with specific terms of reference and responsibilities delegated by the Board. This Committee is charged with the day-to-day financial matters of the Charity. The Committee also prepares the annual Income and Expenditure budget for the approval of the Board.
## STRUCTURE, GOVERNANCE & MANGEMENT
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**ANNUAL REPORT** 2021
## TRUSTEES’ REPORT
## **Method of Recruitment & Appointment of Trustees**
Potential Board members are selected from the worldwide Ahmadiyya Muslim Community. The existing Board then considers its existing skill and experience requirements to ensure that potential trustees are recruited to maintain a balanced range of professional, academic and necessary skills and experience.
The induction process for any newly-appointed trustee comprises an initial meeting with the trustees, followed by a review of the grant-making process, powers and responsibilities of the Board and the role of the Finance Committee. Information supplied as part of the introduction process includes copies of the latest Board and Finance Committee minutes, a copy of the latest Annual Report and financial statements, a copy of the Memorandum and Articles of Association and a copy of the Charity Commission’s guidance “The Essential Trustee: What you need to know”. On an ongoing basis, trustees are encouraged to attend seminars and conferences about sector issues and matters relevant to the Charity.
was £15.41 million). Additionally, the trustees have retained the social investment reserve (designated reserves) of £34.54 million (31 December 2020, £33.09 million).
It continues to be the trustees’ policy to establish a level of reserves sufficient to enable the Charity to operate as a going concern. The trustees are of the opinion that the Charity has adequate reserves to cover one year’s worth of core costs and to fund existing projects worldwide.
The result this year has been an increase in total reserves to £64.51 million at 31 December 2021 (31 December 2020, £48.50 million). This current level of unrestricted reserves represents approximately one year worth of grants payable.
## **GOING CONCERN**
## FINANCIAL REVIEW
## **Financial results of activities & events**
At present, any excess of income over expenditure is retained as unrestricted funds unless received as part of a specific appeal.
The balance on undesignated reserves as at 31 December 2021 is £29.96 million (31 December 2020
The trustees have reviewed the financial forecasts for the charity and have in particular considered its anticipated income and expenditure commitments for a period of twelve months from the date of approval of this trustees’ annual report. The trustees believe that the charity has adequate resources to continue in operational existence for at least the next twelve months and to meet all of its liabilities during that period as they fall due. For that reason, the trustees continue to adopt the going concern basis in preparing the financial statements.
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**ANNUAL REPORT** 2021
## FINANCIAL REVIEW
## GRANT INCOME
_In 2021 Income from institutional grants makes up 95% of the income generated. 5% of the income generated is from other donations received by the charity. Other donation made up 6% in 2020 and 9% in 2019._
|95%
5%
_generated is from other donations received by the_
_charity. Other donation made up 6% in 2020 and_
_9% in 2019._|95%
5%
_generated is from other donations received by the_
_charity. Other donation made up 6% in 2020 and_
_9% in 2019._|95%
5%
_generated is from other donations received by the_
_charity. Other donation made up 6% in 2020 and_
_9% in 2019._|95%
5%
_generated is from other donations received by the_
_charity. Other donation made up 6% in 2020 and_
_9% in 2019._|
|---|---|---|---|
|**2019**
**2020**
**2021**||||
|INSITUTIONAL
GRANTS|£ 35.39 million|£ 45.33 million|£ 48.47 million|
|OTHER
DONATIONS|£ 3.52 million|£ 3.15 million|£ 2.66 million|
|TOTAL INCOME|£ 38.91 million|£ 48.48 million|£ 51.13 million|
|||||
## SUPPORT COST
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18% 19%
12% £ 1.25m 70% 13% £ 0.64m 68%
2021 2020
ACTIVITY 1 ACTIVITY 2 ACTIVITY 3-6
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**ANNUAL REPORT** 2021
## FINANCIAL REVIEW
## GRANT PAID FOR CHARITABLE EXPENDITURE
**----- Start of picture text -----**
7% 8%
10% 11%
13% £ 25.48m 13% £ 23.64m 68%
70%
2020
2021
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ACTIVITY 1
ACTIVITY 2
ACTIVITY 3-5
ACTIVITY 6
**ACTIVITY 1**
Propagation of Islam worldwide
**ACTIVITY 2**
Building of Mosques, Hospitals & Schools
## **ACTIVITY 3**
Scientific Research & Development
**ACTIVITY 4**
**ACTIVITY 5**
**ACTIVITY 6**
Scholarships for Higher Education
Emergency Relief - Natural Disasters
Assistance to deserving & Needy
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**ANNUAL REPORT** 2021
## Reserves policy
The trustees believe that in the long term, the Charity ought to maintain free reserves at a level of 10% anticipated budgeted expenditure for the following year, in order to maintain the on-going running cost of the Charity for at least six months whilst suitable funding is secured for future grantmaking. Free Reserves are currently £29.82 million, which meets the target of at least 10% of the anticipated budgeted expenditure.
## Grant priorities & selection criteria
Grant priorities and selection criteria
The trustees are particularly interested in:
- the propagation of Islam worldwide;
- the building of mosques, hospitals and schools;
- scientific research and development;
- the award of scholarships for higher education;
- the provision of emergency relief in cases of natural disasters; and
- assistance to the deserving and needy.
## Investments
The Finance Committee takes investment decisions. Surplus cash is invested in money market accounts from overnight to one-year fixed. Over the coming year, investment policies will be developed by the Finance Committee and submitted to the Board of Trustees before implementation.
## Investments
AMJ International is an umbrella organisation that receives worldwide funding from the Ahmadiyya Muslim Communities. The trustees then award grants to other charities with similar objectives and the Ahmadiyya Muslim communities in the UK and overseas, where they are most needed, having first been assessed by the trustees on a case-by-case basis. As a result, grants are made to institutions and individuals to ensure that work is done on all our objectives throughout the period.
The grant application process is designed to be as easy as possible whilst still drawing out the key information needed for a decision.
The above priorities have been established since the formation of the Charity. Whilst they are reviewed each year, they are unlikely to change radically in the foreseeable future.
## Social Investment
AMJ International has provided funds to Mirza Sharif Ahmad Foundation (2021 - £34.54m, 2020 - £33.09m) a charity with similar objectives with emphasis on helping the poor and needy and providing reasonable standard of accommodation. The Charity is managed by an independent board of trustees. The Charity has invested funds in residential properties. AMJ International has retained a formal charge on these properties and trustees retain the right to charge interest.
## Volunteers & Fundraising
The Charity is served by trustees acting in a voluntary capacity and otherwise requires little input from any other volunteers as its primary focus is grant-making. However many of the bodies that are awarded grants by AMJ International rely significantly on the use of volunteers, particularly the AMJ community worldwide and, for example, the organisation of events such as the Annual Convention.
AMJ International does not carrying out fundraising itself as it is an umbrella organisation which receives worldwide funding from the Ahmadiyya Muslim Communities.
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**ANNUAL REPORT** 2021
## SECTION 172(1) STATEMENT
The Directors/Trustees, who comprise the Board of the Ahmadiyya Muslim Jamaat International (AMJ), have acted in a way that they considered, in good faith, to be most likely to promote the success of AMJ and its members as a whole, and in doing so had regard, amongst other matters, to:
- the likely consequences of any decision in the long term;
- the interests of AMJ’s employees;
- the need to foster AMJ’s business relationships with suppliers, customers and others;
- the impact of AMJ’s operations on the community and the environment;
- the desirability of AMJ maintaining a reputation for high standards of business conduct;
- and the need to act fairly as between the members of AMJ.
The Directors/Trustees also considered the views and interests of a wider set of stakeholders, including our partners, regulators, and non-government organisations. Considering these broad range of interests is an important part of the Board’s decision-making process and ultimate decisions.
The Board may engage from time to time directly with certain stakeholders on certain issues, but the size and distribution of our stakeholders and of AMJ it often means that stakeholder engagement often takes place at an operational level with various matters allocated to management to deal with on a day to day basis as opposed to the Board. Notwithstanding this the Board is kept appraised of all matters and key decisions are made by the Board.
The Board considers and discusses information from across AMJ to help it understand the impact AMJ’s operations, and the interests and views of our key stakeholders. It also reviews strategy, financial and operational performance, and information covering areas such as key risks and legal and regulatory compliance. This information is provided to the Board through periodic reports sent in advance of Board meetings and presented in-person.
As a result of these activities, the Board has an overview of engagement with stakeholders and other relevant factors, which enables the Directors to comply with their legal duties in compliance with section 172 of the Companies Act 2006.
In discharging their s.172(1) duties the Directors have had regard to the factors set out above, as well as other factors deemed relevant by the Directors to the decisions being made. The Board acknowledges that every decision made may not result in a positive outcome equally for all stakeholders. By considering AMJ’s objectives, together with AMJ’s strategic priorities, the Board aims to ensure that the decisions pursued are consistent and intended to promote AMJ’s long-term success.
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**ANNUAL REPORT** 2021
## SECTION 172(1) STATEMENT
Examples of how the Directors have engaged with the Charity’s stakeholders with regard to section 172(1) (a) to (f) are detailed below:
## A. Consequences Of Any Decision In The Long Term
AMJ considers the long-term consequences of any decision via regular meetings of the Board as well as by maintaining the reserves of AMJ to the standard set via the Statement of Recommended Practice (SORP). In doing so, the Board considers the financial stability of its grant giving and receiving organisations.
## B. Interests Of AMJ’s Employees
AMJ provides necessary funds for a majority of its employees to accommodate rent and other basic core amenities, which are in addition to the living wage. AMJ also engages actively with volunteers in order to maximise efficiencies and provide relevant experience to volunteers for their time and commitment. As of December 31 2021, the National Living Wage (NLW) was £8.91 in the UK, which the Board took into consideration when implementing and setting the wage being paid to AMJ’s employees. In addition, AMJ considered relevant professional legal and financial advice in relation to any adjustments that may need to be made in respect of or in relation to the NLW.
AMJ’s policy in respect of employment of disabled persons is that full support is extended to disabled employees including making necessary adjustments for their work. Training and promotion opportunities are also available to all regardless of disability. All disabled employees of AMJ are given reasonable accommodation to the job and their working conditions, including redeployment and retraining, when and if required.
## POLICIES, PROCEDURES AND TRAINING
AMJ has updated its policies and procedures, carrying out a complete overhaul of its employment policies and safeguarding policies and procedures. Advice has been taken from external professional advisors where needed. These policies and procedures have now been updated and are in the process of being finalised before being presented to the Board for approval. Once approved these shall be implemented. Where needed staff are also being provided training depending on their roles and the need for appropriate training.
## COVID-19:
During the ongoing period of COVID-19, employees were consulted in relation to their work conditions and requirements. Necessary accommodations were made to ensure employees could work from home in a COVID secure manner and suitable arrangements were made for employees including purchasing desks to work remotely. In addition, AMJ issued circulars to its staff and volunteers over the period of COVID-19 apprising them of the government guidance and addressing matters of concern to the employees in relation to COV-
PAGE **21**
**ANNUAL REPORT** 2021
## SECTION 172(1) STATEMENT
ID-19. When appropriate, accommodations were also made to our offices to ensure a safe and secure working environment. With the easing of lockdown measures AMJ has consulted with its employees to ensure all appropriate measures are put in place to enable employees to work from AMJ offices. Where needed hybrid measures have also been put in place to enable employees to work from home.
## C. AMJ’s Relationships With Suppliers, Customers And Others Charities
The Board also considers the views and interests of a wider set of stakeholders, including our partners, our regulators, and non-governmental organisations. Considering this broad range of interests is an important part of how the Board makes decisions, and while balancing these different perspectives, it may not be possible to achieve all stakeholders’ desired outcomes.
The Board considers and discusses information from across the organisation to help it understand the impact AMJ’s operations and the interests and views of our key stakeholders. It also reviews strategy, financial and operational performance, as well as providing training and information covering areas such as key risks, and legal and regulatory compliance. This information is provided to the Board through periodic reports sent in advance of meetings, and through in-person presentations.
## D. Impact Of Operations On The Community And The Environment
AMJ seeks to adopt a climate friendly policy. In particular, as a grant-giving organisation, AMJ regularly reviews the technology or designs implemented by its recipients. AMJ is currently financing a community project in Tilford, Surrey (UK) for which environmentally-friendly and community-friendly scenery and technology are implemented. This includes high efficiency lighting, installation of solar panels where appropriate and electric charging points at relevant sites.
## E. Desirability To Maintaining A Reputation For High Standards Of Business Conduct
As AMJ embarks on achieving its strategic goals, AMJ demonstrates its high values in its own conduct and in the conduct of those it partners with, including by closely studying the objectives of key partners. For example, AMJ’s grants are provided to those compliant with AMJ’s charitable objectives and are subject to our internal financial controls. In addition, AMJ’s values and behaviours include its commitment to safeguard leadership principles that are embedded in staff recruitment, induction and appraisal procedures. AMJ also maintains anti-corruption policies and requires all suppliers, partners and employees to accept AMJ’s code of conduct, which includes prohibitions with respect to fraud, bribery, money laundering and nepotism.
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PAGE 22 ANNUAL REPORT 2021
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## ENERGY & CARBON REPORTING
The Board considers energy and carbon reporting for 2021 as required by ‘The Companies (Directors’ Report) and Limited Liability Partnerships (Energy and Carbon Report) Regulations 2018’ and the report is as follows:
## **Energy Rating**
## **Increasing Energy Efficiency**
The AMJ office site located in Tilford, which is divided into ‘Blocks’, has an excellent energy rating, of B (27) as of 18 January 2019.
## **Energy Consumed**
AMJ has continued the following methods and installations in order to increase energy efficiency: lighting reduction, motion sensor lighting, dimming lights for reduced power usage, and timing switches for lighting.
The AMJ Tilford site consumes gas at the approximate energy rate of 65 MWh per month, whilst electricity at the approximate rate of 65 MWh per month. (Estimate Based on the July 2021 bill).
Annual Quantity of consumed is 2152 GWh (1336 GWh gas / 815 MWh electricity).
The AMJ Tilford site also features a smart control system, which operates lighting and heating in phases 1 and 2 (not including domestic properties). This has been applied to Phase 2 buildings. Smart logics are in place to minimise energy wastage and to control energy consumption. Nest smart control is used in Phase 2 housing to minimise energy consumption.
(Actual based on bills from period January 2021 to December 2021)
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**ANNUAL REPORT** 2021
## ENERGY & CARBON REPORTING
## **Methodology**
The data detailed in the table below represents energy use and emissions for which The Ahmadiyya Muslim Jamaat International Ltd is responsible for the period 1 January 2021 to 31 December 2021. It includes the emissions from fuel used in vehicles on company business (both private and leased).
for large unquoted organisations. AMJ has used the main requirements of the GHG Protocol Corporate Accounting and Reporting Standard as our emissions calculation methodology.
This methodology recommends that emissions are calculated by multiplying activity data (for example energy use in kWh) by an appropriate conversion factor.
For leased vehicles, this has been estimated based on the contractual mileage. These are the energy use and emissions sources required by the regulations
## **Emissions Calculation**
## **Consumption**
## **Energy Source Transport**
## **SCOPE**
139,791 miles * 1.1217 (2021 SECR kWh pass & delivery vehicles, average car conversion factor to kWh) = 156,803 kWh
139,791 miles * 0.27596 (2021 managed assets vehicles, average car conversion factor to kgCO2e) = 38577 kgCO2e 3 = 38.57 tCO2e
Transport– Total mileage reimbursed from staff claims
77,267 miles= 124,349 km 124,349km*0.26529 (2021 managed assets vehicles, vans class 3 - used in lieu of passenger vehicles conversion) = 32,989 3 kgCO2e = 32.99 tCO2e
77,267 miles * 1.71004 (2021 SECR kWh pass & delivery vehicles, vans class 3 - used in lieu of passenger vehicles conversion) = 132,130 kWh
Transport– People carriers/vans - Public Transport - Foreign Travel
51,900 miles * 1.1217 (2021 SECR kWh pass & delivery vehicles, cars - average and unknown fuel) = 58,216 kWh
51,900 miles* 0.27596 (2021 managed assets vehicles, average car conversion factor to kgCO2e) = 14,322 kgC02e 1 = 14.32 tCO2e
Transport – AMJ International Vehicles
## 347,149 kWh
85.88 tCO2e
## TOTAL EMISSION
(Emissions data (tCO2e) compared with an appropriate business activity (2020/21 average FTE)
85.88 tCO2e/243 FTE = 0.35 tCO2e per FTE
INTENSITY RATIO
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**ANNUAL REPORT** 2021
**AMJ TILFORD SITE**
The Islamabad site in Tilford, Surrey initially contained an all-inclusive school, which was set up during the Second World War for evacuees and was, in the end, shut down in July 1977. The land was acquired by the Ahmadiyya Muslim Association (AMA) in 1984.
## **SOLAR PANELS**
The design specifcaton for solar panels, one of the many features installed in Tilford to make the AMJ - Tilford site environmentally friendly.
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**ANNUAL REPORT** 2021
## ENERGY & CARBON REPORTING
ENVIRONMENTAL ACTIVITIES 1
Since 2021 the following activities were introduced to further reduce carbon footprint in Tilford:
- ENVIRONMENT SOLAR FRIENDLY ENERGY
- 2 3
- In order to make the environ• Solar Heat generation ment friendly the following (Solar thermal): Solar
- actions are in operation from thermal drain back system 2021: acts as preheat for the
- • Extensive Green roof: Exhot water system reductensive planting of Sedum ing energy required from blanket over roof area of boilers. buildings at the Tilford 1. 275W Panels; site. 2. 90 panels in phase
Number of Single trees planted: 900
From January 2022 to December 2022, we have a goal to plant a minimum of 14,000 single trees.
2. 90 panels in phase 1; and 273 panels in phase 2.
- Electric car charging station: As part of the trustees wider aim electric car charging facilities are introduced to encourage environmentally friendly modes of transport.
- Solar Heat generation (Solar thermal): Solar thermal drain back system acts as preheat for the hot water system reducing energy required from boilers.
- Building Management System: Trend Building management control system is used in phase 1 and phase 2 to control and monitor plants rooms in each block. This helps improve energy efficiency of mechanical and electrical plants in the buildings.
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**ANNUAL REPORT** 2021
## TRUSTEES’ REPORT
## Modern Slavery
The Board of Trustees approved Ahmadiyya Muslim Jamaat International’s (AMJ) have approved slavery and human trafficking statement pursuant to section 54 of the Modern Slavery Act 2015.
The statement notes that AMJ is committed to continuously reviewing high risk areas and has ensured that all new contracts align to our Modern Slavery policy and that AMJ has a number of policies which deal with its approach to tackling the risk of modern slavery in its supply chain.
The full statement can be obtained from our website – www.amjinternational.org
## Anti-Money Laundering (AML) & Counter-Terrorist Finance (CTF) Policy
During the year, the AML and CTF policies were updated by AMJ. The policies apply to all staff including contractors and consultants. All those receiving AMJ funds or representing AMJ, including suppliers, grant recipients, partners and agents are required to act in accordance with this policy.
The policy notes that AMJ has a zero tolerance policy towards money laundering and terrorist financing and takes into account UK Home Office guidance on counter-terrorism and does not hold any business relationships with those set out under the respective sanctioned lists of HM Treasury.
A code of conduct is in place to ensure a culture of integrity and seeks to counter all forms of extremism and terrorism. The policy also covers how AMJ assesses the nature of its exposure to risks of money laundering and terrorism and covers how staff are trained in these areas. It also notes what reporting is
required (both internally and externally) regarding any suspected or actual instances of money laundering or terrorist financing. A full copy of the policy is available on request.
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**ANNUAL REPORT** 2021
## TRUSTEES’ REPORT
## VOLUNTEERS & FUNDRAISING
The charity is served by trustees acting voluntarily and, otherwise, requires little input from other volunteers as its primary focus is grant-making. However, many of the bodies that AMJ International awards grants rely significantly on the use of volunteers, particularly the AMJ community worldwide and, for example, the organisation of events such as the Annual Convention. AMJ International does not carry out fundraising itself as it is an umbrella organisation that receives worldwide funding from the Ahmadiyya Muslim Communities.
## Statement as to disclosure of information to the auditor
The trustees who were in office on the date of approval of these financial statements have confirmed, as far as they are aware, that there is no relevant audit information of which the auditor is unaware. Each of the trustees has confirmed that they have taken all the steps they ought to have taken as trustees to make themselves aware of any relevant audit information and establish that it has been communicated to the auditor.
## Going Concern
Financial forecasts have been prepared to demonstrate that the charity has sufficient cash to remain a going concern for the foreseeable future through a combination of bank balances and its National Associations’ support. Having considered the uncertainties posed by the pandemic, the trustees consider for the above reasons that there are no material uncertainties about the charity’s ability to continue as a going concern and have accordingly prepared the financial statements on a going concern basis.
## FUNDS HELD AS
## CUSTODIAN TRUSTEE ON BEHALF OF OTHERS
Although the charity would maintain restricted funds to deal with incoming resources that are earmarked for a particular purpose by donors, sponsors, and other funders, Ahmadiyya Muslim Jamaat International does not hold any funds, and the trustees do not anticipate that it will in the future hold any funds, as the custodian for any third party.
## Auditor
This report was approved by the trustees on 24th September 2022, and was signed for and on behalf of the board by:
RSM UK Audit LLP has indicated its willingness to continue in office.
Shajar Ahmad Farooqi FCA Trustee
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**ANNUAL REPORT** 2021
## STRATEGIC REPORT
## RISK & INTERNAL CONTROL
The trustees have overall responsibility for ensuring that AMJ International has an appropriate system of controls, financial and otherwise. They are also responsible for safeguarding the assets of the Charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities and to provide reassurance that:
- its assets are safeguarded against unauthorised use or disposition;
- proper records are maintained, and financial information used within the Charity or for publication is reliable; and
- the Charity complies with relevant laws and regulations.
As part of the Charity’s risk management process, the trustees acknowledge their responsibility for the Charity’s system of internal control and reviewing its effectiveness. It is also recognised by the trustees that such a system is designed to manage rather than eliminate the risk of failure to achieve the Charity’s objectives and can only provide reasonable, not absolute, reassurance against material misstatement or loss.
The trustees, through the Finance Committee, have set policies on risk and internal controls, which cover the following:
- the responsibility of management to implement the trustees’ policies and identify and evaluate risks for their consideration on an on-going basis;
- consideration of the type of risks the Charity faces;
- the level of risks which they regard as acceptable;
- the likelihood of the risks concerned materialising;
- the Charity’s ability to reduce the incidence and impact on the business of risks that do materialise;
- the costs of operating particular controls relative to the benefit obtained; and
- arrangements for monitoring and reporting on risk and control matters of importance, together with details of corrective action being undertaken.
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**ANNUAL REPORT** 2021
## STRATEGIC REPORT
## FUTURE PLANS
## **Key Performance Indicators**
Due to the unique nature of the charity, there are no specific key performance indicators by which the Trustees measure performance. Instead, there is a general focus on the contribution to the community, which is evidenced by the activities noted on page 12 and 13.
A summary of the trustees’ consideration of the major risks to which the Charity is exposed, together with the management of these risks, is as follows:
Income is not available from core funding.
AMJ International has put in place processes to receive standing order payments from its donors and is not reliant on any sort of variable income from grant-making institutions.
The main objectives for future periods include financial commitment to the ongoing projects undertaken by the Ahmadiyya Muslim Community worldwide. In addition to this primary focus for 2022, the existing activities carried out in 2021 will remain ongoing with a broad commitment to construct a minimum of 100 mosques per year.
This report was approved by the trustees on 24th September 2022 , and was signed for and on behalf of the board by:
Shajar Ahmad Farooqi FCA Trustee
Grants paid to communities are not spent for purposes in accordance with AMJ International’s charitable nature and objectives.
AMJ International trustees insist on a complete and accurate budgetary process being approved before committing funds to any community project, and personally review progress on projects until finalisation.
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**ANNUAL REPORT** 2021
## STATEMENT OF TRUSTEES’ RESPONSIBILITIES
The trustees (who are also directors of AMJ International for the purposes of company law) are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom’s Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law 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 charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period.
In preparing these financial statements, the trustees are required to:
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charitable Company and to enable them to ensure that the financial statements comply with the Companies Act 2006.
The trustees are also responsible for safeguarding the assets of the Charitable Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charitable Company will continue in business.
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**ANNUAL REPORT** 2021
## INDEPENDENT AUDITOR’S REPORT
## **Opinion**
## **Basis of Opinion**
We have audited the financial statements of Ahmadiyya Muslim Jamaat International (the ‘charitable company’) for the year ended 31 December 2021 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including significant accounting policies.
The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (United Kingdom Generally Accepted Accounting Practice).
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 Auditor’s responsibilities for the audit of the financial statements section of our report.
We are independent of the charitable company 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.
In our opinion the financial statements:
- give a true and fair view of the state of the charitable company’s affairs as at 31 December 2021 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
- have been prepared in accordance with the requirements of the Companies Act 2006.
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**ANNUAL REPORT** 2021
## INDEPENDENT AUDITOR’S REPORT
## **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.
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.
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 charitable company’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.
## **Other Information**
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 course of 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.
We have nothing to report in this regard.
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**ANNUAL REPORT** 2021
## INDEPENDENT AUDITOR’S REPORT
## **Opinions on other matters prescribed by the Companies Act 2006**
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Trustees’ Report, which includes the Directors’ Report and the Strategic Report prepared for the purposes of company law, for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Directors’ Report and the Strategic Report included within the Trustees’ Report have been prepared in accordance with applicable legal requirements.
## **Matters on which we are required to report by exception**
In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Directors’ Report or the Strategic Report included within the Trustees’ Report.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of trustees’ remuneration specified by law are not made; 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 set out on page 30 the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they 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 charitable company’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 charitable company or to cease operations, or have no realistic alternative but to do so.
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**ANNUAL REPORT** 2021
## INDEPENDENT AUDITOR’S REPORT
## **Auditor’s responsibilities for the audit of the financial statements**
ments, and to respond appropriately to identified or suspected non-compliance with laws and regulations identified during the audit.
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 an auditor’s report 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 the audit was considered capable of detecting irregularities, including fraud**
Irregularities are instances of non-compliance with laws and regulations. The objectives of our audit are to obtain sufficient appropriate audit evidence regarding compliance with laws and regulations that have a direct effect on the determination of material amounts and disclosures in the financial statements, to perform audit procedures to help identify instances of non-compliance with other laws and regulations that may have a material effect on the financial state-
In relation to fraud, the objectives of our audit are to identify and assess the risk of material misstatement of the financial statements due to fraud, to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstatement due to fraud through designing and implementing appropriate responses and to respond appropriately to fraud or suspected fraud identified during the audit.
However, it is the primary responsibility of management, with the oversight of those charged with governance, to ensure that the entity’s operations are conducted in accordance with the provisions of laws and regulations and for the prevention and detection of fraud.
In identifying and assessing risks of material misstatement in respect of irregularities, including fraud, the audit engagement team:
- obtained an understanding of the nature of the sector, including the legal and regulatory frameworks that the charitable company operates in and how the charitable company is complying with the legal and regulatory frameworks;
- inquired of management, and those charged with governance, about their own identification and assessment of the risks of irregularities, including any known actual, suspected or alleged instances of fraud;
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**ANNUAL REPORT** 2021
## INDEPENDENT AUDITOR’S REPORT
- discussed matters about non-compliance with laws and regulations and how fraud might occur including assessment of how and where the financial statements may be susceptible to fraud.
As a result of these procedures we consider the most significant laws and regulations that have a direct impact on the financial statements are FRS 102, Charities SORP (FRS 102), Companies Act 2006, Charities Act 2011 and the charitable company’s governing document.
## **Use of our report**
This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006.
Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose.
The audit engagement team identified the risk of management override of controls as the area where the financial statements were most susceptible to material misstatement due to fraud.
Audit procedures performed included but were not limited to testing manual journal entries and other adjustments, evaluating the business rationale in relation to significant, unusual transactions and transactions entered into outside the normal course of business and challenging judgments and estimates.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council’s website at http:// www.frc.org.uk/auditorsresponsibilities . This description forms part of our auditor’s report.
To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.
Kerry Gallagher (Senior Statutory Auditor) For and on behalf of RSM UK AUDIT LLP, Statutory Auditor Chartered Accountants Davidson House Forbury Square Reading RG1 3EU United Kingdom
> Date 30 September 2022
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**ANNUAL REPORT** 2021
## STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2021
**----- Start of picture text -----**
NOTE 2021 2020
£ ‘000 £ ‘000
INCOME & ENDOWMENTS FROM:
DONATION & LEGACIES 2 51,133 48,484
- -
INVESTMENTS
TOTAL INCOME 51,133 48,484
EXPENDITURE ON:
CHARITABLE ACTIVITES 3 35,122 32,142
TOTAL EXPENDITURE 35,122 32,142
NET SURPLUS 16,011 16,342
NET MOVEMENT IN FUNDS 16,011 16,342
RECONCILIATION OF FUNDS
TOTAL FUNDS BROUGHT FORWARD 12 48,496 32,154
TOTAL FUNDS CARRIED FORWARD 12 64,507 48,496
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**ANNUAL REPORT** 2021
## BALANCE SHEET BALANCE SHEET AT 31 DECEMBER 2021
**----- Start of picture text -----**
NOTE As at 31 December As at 31 December
2021 2020
£ ‘000 £ ‘000
FIXED ASSETS
TANGIBLE ASSETS 8 3 6
SOCIAL INVESTMENT 8 34,544 33,088
34,547 33,094
CURRENT ASSETS
DEBTORS 9 745 547
CASH AT BANK & IN HAND 29,818 15,453
30,563 16,000
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
10 (603) (598)
NET CURRENT ASSETS 29,960 15,402
NET ASSETS 64,507 48,496
FUNDS
UNRESTRICTED FUNDS
UNDESIGNATED FUNDS 12 29,963 15,408
DESIGNATED FUNDS 12 34,544 33,088
64,507 48,496
**----- End of picture text -----**
The accompany notes are an integral part of this Balance Sheet.
Approved and authorised for issue by the Trustees on 24th September 2022, and signed on their behalf by:
Mubarak Ahmad Zafar Trustee & Chairman of Finance Committee
S. A. Farooqi FCA Tustee & Secretary
PAGE **38**
**ANNUAL REPORT** 2021
## STATEMENT OF CASH FLOW
## FOR THE YEAR ENDED 31 DECEMBER 2021
**----- Start of picture text -----**
NOTE 2021 2020
£ ‘000 £ ‘000 £ ‘000 £ ‘000
CASH FLOWS FROM OPERATING
13 15,840 17,065
ACTIVITIES
CASH FLOWS FROM INVESTING
ACTITIVIES
PURCHASE OF TANGIBLE FIXED ASSETS (22) (48)
ACQUISITION OF INVESTMENT (1,456) (3,563)
-
DISPOSAL OF TANGIBLE FIXED ASSETS 3
NET CASH USED IN INVESTING ACTIVITIES (1,475) (3,611)
CHANGE IN CASH & CASH EQUIVALENTS
14,365 13,454
IN THE REPORTING YEAR
CASH & CASH EQUIVALENTS AT THE
15,453 1,999
BEGINNING OF THE REPORTING YEAR
CASH & CASH EQUIVALENTS AT THE
29,818 15,453
END OF THE REPORTING YEAR
**----- End of picture text -----**
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**ANNUAL REPORT** 2021
## NOTES TO THE FINANCIAL STATEMENTS
## FOR THE YEAR ENDED 31 DECEMBER 2021
## 1. PRINCIPAL ACCOUTING POLICIES
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland”, the requirements of the Companies Act 2006 and under the historical cost convention. Within the definitions of FRS 102, the charity is a public benefit entity.
The financial statements have also been prepared in accordance with the accounting policies set out in more detail below, to comply with the charity’s governing document, the Charities Act 2011 and 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 published on October 2019 (the FRS 102 Charities SORP 2019).
## **GENERAL INFORMATION**
AMJ International is a private company limited by guarantee incorporated in England and Wales.
The trustees make this assessment in respect of a period of at least one year from the date of authorisation for issue of the accounts.
The trustees are satisfied that the Charity has adequate resources to continue in operational existence for the foreseeable future and there are no material uncertainties about its ability to continue as a going concern.
This conclusion has been formed as a result of the strong net assets position of the Charity at the yearend of £64,507k, cash balance of £29,818k and the continued support from global donors.
Thus, the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **TANGIBLE FIXED ASSETS AND**
## **DEPRECIATION**
Items of a capital nature are reviewed for their purpose and are capitalised where they are considered to provide an ongoing use to the Charity.
The registered office is Tahir House, 22 Deer Park Road, London SW19 3TL, United Kingdom.
The charities objectives and aims are disclosed in the Trustees and Strategic Report.
Depreciation is charged against fixed assets commencing with the year of acquisition at rates estimated to write off their cost or valuation less any residual value over the expected useful lives which are as follows:
## **GOING CONCERN**
The trustees assess whether the use of going concern is appropriate, i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the Charity to continue as a going concern.
Fixtures, fittings & equipment 1 year Motor vehciles 4 years
Any assets which are impaired in value are written down to their recoverable amount.
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**ANNUAL REPORT** 2021
## NOTES TO THE FINANCIAL STATEMENTS
## FOR THE YEAR ENDED 31 DECEMBER 2021
1. PRINCIPAL ACCOUTING POLICIES (CONTINUED)
## **DONATIONS AND GIFTS**
Donations and gifts are recognised in the Statement of Financial Activities as soon as they are receivable.
General Managemenet - Total cost of activities PR & Communication - Total cost of activities Adminstration - Total cost of activities Finance - Total cost of activities Currency translation gains - Total cost of activities
## **FOREIGN CURRENCIES**
## **INVESTMENT INCOME**
Money Market investment income is included in the Statement of Financial Activities when receivable.
## **GRANTS PAYABLE**
Grants payable are expensed when events have created a valid expectation in other parties that the Charity will discharge its liabilities.
## **APPORTIONMENT OF EXPENDITURE**
Expenditure (including irrecoverable VAT) is apportioned under the guidance of the SORP and analysed between directly undertaken activities, grant funding of activities and current cost;
Expenditure is recognised on an accruals basis as a liability is incurred.
The method of apportionment is as follows:
1. Costs attributable solely to one activity are allocated to that activity;
2. Costs which contribute directly to the output of more than one activity are apportioned on a reasonable, justifiable and consistent basis;
3. Support costs are apportioned based on the following criteria:
Transactions in foreign currency are recorded at the rate of exchange prevailing at the time of transaction. Foreign currency balances are translated into sterling at the exchange rates prevailing at the Balance Sheet date. Any gains or losses are included in the Statement of Financial Activities.
## **GOVERNANCE**
Governance costs are the costs associated with the constitutional and statutory arrangements of the Charity as opposed to those costs associated with income generation or charitable activity. Included within this category are costs associated with the strategic rather than day to day management of the Charity’s activities. These costs include external audit and reimbursed trustee expenses.
## **FUNDS**
Unrestricted funds are donations and other incoming resources receivable or generated in furtherance of the Charity’s objectives without further specified purpose and are available as general funds. Designated funds are unrestricted funds earmarked by the trustees for particular purposes. Transfers between undesignated and designated funds occur when donations are received for specific projects.
PAGE **41**
**ANNUAL REPORT** 2021
## NOTES TO THE FINANCIAL STATEMENTS
## FOR THE YEAR ENDED 31 DECEMBER 2021
1. PRINCIPAL ACCOUTING POLICIES (CONTINUED)
## **FINANCIAL INSTRUMENTS**
The charitable company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of listed investments which are subsequently measured at fair value.
## **FINANCIAL ASSETS**
Other debtors which are receivable within one year are recognised at the settlement amount due after any discount offered.
A provision for impairment of other debtors is established when there is objective evidence that the amounts due will not be collected according to the original terms of the contract.
Impairment losses are recognised in income and expenditure for the excess of the carrying value of the trade debtor over the present value of the future cash flows discounted using the original effective interest rate.
Subsequent reversals of an impairment loss that objectively relate to an event occurring after the impairment loss was recognised, are recognised immediately in income or expenditure.
## **FINANCIAL LIABILITIES**
Creditors and provisions are recognised when the charitable company has a present obligation resulting from a past event that will probably result in a transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably.
Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **PENSION SCHEME**
## **ARRANGMENTS**
Defined contribution plans. The charity makes contributions to personal pension arrangements in respect of all staff.
Contributions are shown as expenditure in the year in which they are paid. The charitable company has no liability in this respect other than the amounts actually paid in any year.
## **SOCIAL INVESTMENT**
The social investment reflects funds provided to a charity with similar objectives with emphasis on helping the poor and needy and providing a reasonable standard of accommodation.
Investments made are initially recognised at cost with the carrying amount adjusted in subsequent years if necessary for any impairment.
PAGE **42**
**ANNUAL REPORT** 2021
## NOTES TO THE FINANCIAL STATEMENTS
## FOR THE YEAR ENDED 31 DECEMBER 2021
## 2. INCOME AND ENDOWMENTS
**----- Start of picture text -----**
2021 2020
£ ‘000 £ ‘000
DONATIONS AND LEGACIES
DONATIONS FROM INSTITUTIONS AND INDIVIDUALS 51,133 48,484
2021 2020
£ ‘000 £ ‘000
DONATION INCOME IS SPLIT AS FOLLOWS:
INCOME FROM UK SOURCES 13,751 11,560
INCOME FROM SOURCES OUTSIDE OF THE UK 37,382 36,924
51,133 48,484
**----- End of picture text -----**
PAGE **43**
**ANNUAL REPORT** 2021
## NOTES TO THE FINANCIAL STATEMENTS
## FOR THE YEAR ENDED 31 DECEMBER 2021
## 3. EXPENDITURE
**----- Start of picture text -----**
ACTIVITIES GRANT
SUPPORT
UNDER- FUNDING
TAKEN OF COST 2021 2020
DIRECTLY ACTIVITIES
CHARITABLE EXPENDITURE £ ‘000 £ ‘000 £ ‘000 £ ‘000 £ ‘000
1. PROPAGATION OF ISLAM WORLDWIDE 8,399 17,906 875 27,180 24,412
2. BUILDING OF MOSQUES, HOSPITALS & - 3,154 153 3,307 3,149
SCHOOLS
3. SCIENTIFIC RESEARCH & DEVELOPMENT - 623 31 654 662
4. SCHOLARSHIPS FOR HIGHER EDUCATION - 1,905 94 1,999 1,834
5. EMERGENCY RELIEF - NATURAL - 72 4 76 56
DISASTERS
6. ASSISTANCE TO DESERVING AND NEEDY - 1,817 89 1,906 2,029
8,399 25,477 1,246 35,122 32,142
**----- End of picture text -----**
The trustees have taken the exemption from disclosing the recipients of institutional grants accordance with paragraph 16.23 of the Charities Statement of Recommended Practice FRS102 (effective October 2019) on the grounds of serious prejudice.
**----- Start of picture text -----**
ACTIV- ACTIV- ACTIV- ACTIV- ACTIV- ACTIV-
ITY ITY ITY ITY ITY ITY TOTAL
1 2 3 4 5 6
SUPPORT COSTS £ ‘000 £ ‘000 £ ‘000 £ ‘000 £ ‘000 £ ‘000 £ ‘000
PR & COMMUNICATION 28 5 1 3 - 3 40
ADMINISTRATION 419 73 15 45 2 43 597
FINANCE 6 1 - 1 - 1 9
GOVERNANCE 25 4 1 3 - 2 35
SUB TOTAL 478 83 17 52 2 49 681
CURRENCY TRANSLATION (GAIN) / LOSS 397 70 14 42 2 40 565
TOTAL PAYABLE FOR THE YEAR ENDED 31
875 153 31 94 4 89 1,246
DECEMBER 2021
TOTAL PAYABLE FOR THE YEAR ENDED 31
433 84 17 48 1 53 636
DECEMBER 2020
**----- End of picture text -----**
PAGE **44**
**ANNUAL REPORT** 2021
## NOTES TO THE FINANCIAL STATEMENTS
## FOR THE YEAR ENDED 31 DECEMBER 2021
## 4. AUDITOR’S REMUNERATION
||2021
2020|2021
2020|
|---|---|---|
||**£ ‘000**|**£ ‘000**|
|**RSM UK AUDIT LLP AND ITS ASSOCIATES:**|||
|**AUDIT SERVICES**|**35**|**18**|
||**35**|**18**|
## 5. TRUSTEES’ REMUNERATION
The trustees (who are considered to be the key management personnel) did not receive any emoluments during either year. The aggregated amount of travel expenses reimbursed to 2 (2020: 1) trustees during the year was £514 (2020: £1,140)
## 6. STAFF COSTS
||2021
2020
**£ ‘000**
**£ ‘000**
**7,608**
**7,116**
**678**
**634**
**95**
**86**
**8,381**
**7,836**
The average number of employees was 276 (202
268) during the year.
During the year 260 (2020: 252) employees we
engaged in the propagation of Islam worldwide wi
16 (2020: 16) employees engaged in administratio
Three employee received emoluments in excess
£60,000 during this year (2020: 1).
2021
2020
In the band £60,001 - £70,000 3 1|2021
2020
**£ ‘000**
**£ ‘000**
**7,608**
**7,116**
**678**
**634**
**95**
**86**
**8,381**
**7,836**
The average number of employees was 276 (202
268) during the year.
During the year 260 (2020: 252) employees we
engaged in the propagation of Islam worldwide wi
16 (2020: 16) employees engaged in administratio
Three employee received emoluments in excess
£60,000 during this year (2020: 1).
2021
2020
In the band £60,001 - £70,000 3 1|
|---|---|---|
||**£ ‘000**|**£ ‘000**|
|**WAGES AND SALARIES**|**7,608**|**7,116**|
|**SOCIAL SECURITY COSTS**|**678**|**634**|
|PENSION SCHEME|||
||**8,381**|**7,836**|
The average number of employees was 276 (2020: 268) during the year.
During the year 260 (2020: 252) employees were engaged in the propagation of Islam worldwide with 16 (2020: 16) employees engaged in administration.
Three employee received emoluments in excess of £60,000 during this year (2020: 1).
PAGE **45**
**ANNUAL REPORT** 2021
## NOTES TO THE FINANCIAL STATEMENTS
## FOR THE YEAR ENDED 31 DECEMBER 2021
## 7. TAXATION
The company is a registered charity and as such its income and gains falling within Section 471 to 489 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 are exempt from corporation tax to the extent that they are applied to its charitable objectives.
## 8. FIXED ASSETS
## **TANGIBLE ASSETS**
**----- Start of picture text -----**
FIXTURES
MOTOR
FITTINGS & TOTAL
VEHICLES
EQUIPMENT
£ ‘000 £ ‘000 £ ‘000
COST
AT 1 JANUARY 2021 670 279 949
ADDITIONS 22 - 22
-
ADJUSTMENT ON DISPOSAL (7) (7)
AT 31 DECEMBER 2021 692 272 964
DEPRECIATION
AT 1 JANUARY 2021 670 273 943
DEPRECIATION CHARGE 22 3 25
-
ADJUSTMENT ON DISPOSAL (7) (7)
AT 31 DECEMBER 2021 692 269 961
NET BOOK VALUE
-
AT 1 JANUARY 2021 6 6
-
AT 31 DECEMBER 2021 3 3
**----- End of picture text -----**
The net book value at 31 December 2021 represents fixed assets used for the charity’s own use.
PAGE **46**
**ANNUAL REPORT** 2021
## NOTES TO THE FINANCIAL STATEMENTS
## FOR THE YEAR ENDED 31 DECEMBER 2021
## 8. FIXED ASSETS (CONTINUED)
## **SOCIAL INVESTMENTS**
|**SOCIAL INVESTMENTS**|||
|---|---|---|
||2021
2020||
||**£ ‘000**|**£ ‘000**|
|**SOCIAL INVESTMENT**|**34,544**|**33,088**|
AMJ International has provided funds to Mirza Sharif Ahmad Foundation, a charity with similar objectives with emphasis on helping the poor and needy and providing reasonable standard of accommodation.
The Charity is managed by an independent board of trustees.
The Charity has invested funds in residential properties.
AMJ International has retained a formal charge on these properties and trustees retain the right to charge interest.
No interest has been charged for the year ended 31 December 2021 (2020: £nil).
## 9. DEBTORS
||2021
2020|2021
2020|
|---|---|---|
||**£ ‘000**|**£ ‘000**|
|**OTHER DEBTORS**|**745**|**547**|
PAGE **47**
**ANNUAL REPORT** 2021
## NOTES TO THE FINANCIAL STATEMENTS
## FOR THE YEAR ENDED 31 DECEMBER 2021
## 10. CREDITORS - amounts falling due within one year
**----- Start of picture text -----**
2021 2020
£ ‘000 £ ‘000
OTHER CREDITORS 295 295
OTHER TAXES AND SOCIAL SECURITY 225 225
ACCRUALS 83 78
603 598
**----- End of picture text -----**
## 11. FINANCIAL INSTRUMENTS
**----- Start of picture text -----**
2021 2020
£ ‘000 £ ‘000
CARRYING AMOUNT OF FINANCIAL ASSETS
DEBT INSTRUMENTS MEASURED AT AMORTISED COST 745 547
CARRYING AMOUNT OF FINANCIAL LIABILITIES
MEASURED AT AMORTISED COST 378 373
**----- End of picture text -----**
PAGE **48**
**ANNUAL REPORT** 2021
## NOTES TO THE FINANCIAL STATEMENTS
## FOR THE YEAR ENDED 31 DECEMBER 2021
## 12. FUNDS
**----- Start of picture text -----**
BALANCE INCOMING OUTGOING BALANCE
YEAR ENDED 31 DECEMBER 2021 B/FWD RESOURCES RESOURCES [TRANSFERS] C/FWD
£ ‘000 £ ‘000 £ ‘000 £ ‘000
UNRESTRICTED FUNDS
UNDESIGNATED FUNDS 15,408 51,133 (35,122) (1,456) 29,963
DESIGNATED FUNDS 33,088 - - 1,456 34,544
-
48,496 51,133 (35,122) 64,507
**----- End of picture text -----**
The transfer of £ 1,456k from the Undesignated to Designated Fund is to reflect the Social Investment balance at the year end.
Undesignated funds are available for use at the discretion of the trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
Designated funds represent external investment in a third party charity›s freehold property assets (See note 8).
**----- Start of picture text -----**
BALANCE INCOMING OUTGOING BALANCE
YEAR ENDED 31 DECEMBER 2020 B/FWD RESOURCES RESOURCES [TRANSFERS] C/FWD
£ ‘000 £ ‘000 £ ‘000 £ ‘000
UNRESTRICTED FUNDS
UNDESIGNATED FUNDS 2,629 48,484 (32,142) (3,563) 15,408
DESIGNATED FUNDS 29,525 - - 3,563 33,088
-
32,154 48,484 (32,142) 48,496
**----- End of picture text -----**
PAGE **49**
**ANNUAL REPORT** 2021
## NOTES TO THE FINANCIAL STATEMENTS
## FOR THE YEAR ENDED 31 DECEMBER 2021
## 12. FUNDS (CONTINUED)
## **ANALYSIS OF NET ASSETS BETWEEN FUNDS**
|2021|UNDESIGNATED DESIGNATED
TOTAL|UNDESIGNATED DESIGNATED
TOTAL|UNDESIGNATED DESIGNATED
TOTAL|
|---|---|---|---|
||**£ ‘000**|**£ ‘000**|**£ ‘000**|
|TANGIBLE FIXED ASSETS|**3**|**-**|**3**|
|LONG TERM INVESTMENTS|**-**|**34,544**|**34,544**|
|CURRENT ASSETS|**30,563**|**-**|**30,563**|
|CURRENT LIABILITIES|**(603)**|**-**|**(603)**|
|**NET ASSETS**|**29,963**|**34,544**|**64,507**|
|2020|UNDESIGNATED DESIGNATED
TOTAL|UNDESIGNATED DESIGNATED
TOTAL|UNDESIGNATED DESIGNATED
TOTAL|
|---|---|---|---|
||**£ ‘000**|**£ ‘000**|**£ ‘000**|
|TANGIBLE FIXED ASSETS|**6**|**-**|**6**|
|LONG TERM INVESTMENTS|**-**|**33,088**|**33,088**|
|CURRENT ASSETS|**16,000**|**-**|**16,000**|
|CURRENT LIABILITIES|**(598)**|**-**|**(598)**|
|**NET ASSETS**|**15,408**|**33,088**|**48,496**|
PAGE **50**
**ANNUAL REPORT** 2021
## NOTES TO THE FINANCIAL STATEMENTS
## FOR THE YEAR ENDED 31 DECEMBER 2021
## 13. RECONCILIATION OF NET INCOMING RESOURCES TO NET CASH INFLOW FROM OPERATING ACTIVITIES
**----- Start of picture text -----**
2021 2020
£ ‘000 £ ‘000
NET INCOMING RESOURCES 16,011 16,342
ADJUSTED FOR:
- -
INTEREST RECEIVED
DEPRECIATION 25 51
-
PROFIT ON DISPOSAL OF FIXED ASSETS (3)
16,033 16,393
MOVEMENT IN DEBTORS (198) 666
MOVEMENT IN CREDITORS 5 6
CASH GENERATED FROM OPERATING ACTIVITES 15,840 17,065
**----- End of picture text -----**
## 14. RELATED PARTY TRANSACTIONS
No related party transactions occured during the period (2020: £ nil)
## 15. POST BALANCE SHEET EVENTS
On 1st January 2022, AMJ International entered a 99 year lease for the Islamabad property for the sum of
£ 33 million. The amount was offset against the social investment asset, reducing the balance to £ 1.5 million.
## **CONTACT US**
22 Deer Park Road, London, SW19 3TL + 44 208 544 7602 ext. 628 info@amjinternational.org www.amjinternational.org
**REGISTERED CHARITY COMPANY REGISTRATION NUMBER: NUMBER:** 1102949 04785585