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2023-12-31-accounts

. Registered Chanty NumbeT 1106630 Registered Company Number 5117582 Al Kawthar Academy & Subsidiary Undertaking Annual Report and Financial Ststements 31 De￿mber 2023 *AKIVFI5' 2710W2024 COMPANIES H(KJSE

Al Kawthar Acathmy & Subsidiary Undertaking Annual Report and Flnan¢ial Stalements Conteiits Pag• Charlty and Company infonnthon Trustee's Report Accountant's report Staierywrt ol FinarKial Aclivrfies Balance sheet Notes to the accwts 10 11

Al Kawthar Aeadomy & Subsidlary Undertaking Annual Roport of th• for tho y•ar•ndod 31 D•¢•mbor 2023 Introduclion The Irustees presert their annual report and accounls for Ihe year eThled 31st De￿￿thr 2023. The board of t￿￿teeS are satisfied vAth the perfomHrte ofts Charity duirwj the year aThJ the position at 31st De￿mber 2023 arKI consider that chanty is in a strong positi'on to Contin￿ its activities durir the cximing year. and thal ts charil￿S assets are adequaÈ lo fulfill its oiligatifTh. The finandal statements comply ￿1th tr Charils Act 2011. CLnpanies Act 20(￿, the Memorandwn and Articles of Association. and Axounliro arthy ReptylirKJ by Chaiibes.. Slatenth of Recrxnnw¥JeO Practice IFRS 1021. The full of the charity is Al Kawth¥ Academy The legal registration detsib are :. Date olinco(wratii Company Registration Number 7he Re￿Ste￿I Offte is Chanty Regtstrntm Number The telephone numberis 5117S82 62 GoL¥Jh Road Leicester LE5 4AN 1106630 0116 2461011 Purpose, Impact and Acll¥ltleg of thecharlty Publlc benefit thatls provldedbythe charity Al KavAhar Academy promotes positrvety the wistine message of Islam lo the EThJlish-SFeakiTrJ public aTrJ lo educate Muslims aThl non-musliryts on various aspects of Islam. Thereby. the w)vision of such public services not only equips beneficaar￿S to benefit themsel￿s, but also of Ihe wider communty where Itw ve, Proff￿1n9 hamiony aThJ UThJerS￿diry in ow nwMi.failh aThJ ￿lIural swety in Uriled Kingdom. Aims Charity Objects.. To tharitable adi¥ities for ofthe m￿lIm CoThwity. We endeavor to become a reliable ￿feren￿ and a Valuab￿ resour￿ ofaul￿ntiC Islamic knowledge in the English language lo fac41iiate Musliffts and Non-muslims alike undetstsnd the ￿ligIon of Islam. Al KavAhar Academy aiff6 lo help.. P￿seNe ar#J promte the pu￿ and values of Islam. Faithfijlly convey the educatior￿1 arKI s￿'ritual legaw of tre classical scholars to the muslin￿ of ttsjay. Provide and encourage ttE pur5Urt of Islami¢ knovAedge knith recourse to dassical sources. The charity's principal acliwty in the furtherance of its (￿)Iec[l¥e$ is providiw a Servi￿ to the public for their ￿lIgIouS knowledge r￿edS and facilitatin9 social matter ￿latett quesliorts to be answered by quallfied Scholars. Summary of maln activilies in relation to its obiKts ()Jr strategy for athiehirnj the chall￿$ Objecti￿ indth the disseninalion ofknoW£dge Ihrough Ihe of conduclirvJ ledures arKJ the provision 01 ad￿.￿ to berefi(aaTies. The objects are purs￿1 in a variety of ways. irKluding the oryaniziThJ of fO￿nal tatks aThd leclures. in a posib've campaign to intr￿luce the prisb.ne message of Islam to the ErylislFspeaknThJ wblic and lo educale Muslims and nOn-MU￿1MS on vanou5 aspects ol L8lam. A review of chai?table ac'wties urKlertakffi by PJ Ka¥th￿r A¢adwry has overthe past year.

Al Kawthar Audemy & Subsldlary Undertaking Annual Rgport d tho tr￿ta05 for tho yoar ond•d 31 Docqrnbor 2023 Organised lectu￿$. serinws arrfl in associatim v•th vaiious ISla￿￿C organizalions na￿.￿lalty throughout the year. Conducled leachiThJ ofArabic and Islarric slAwJies.' Itw lesscrn a￿ tswt in El￿￿. Replie(I lo quests'c￿ and quenes for ￿lgIoUS infNmab"on and athry￿. Responded to req￿ts ofassistsnc.' arn1 offemg ofcounseling, nwdl advice aThJ wiiibjal gu￿an￿. Fundralslng aclfvlties The charity does not aclivety fundraise rather ¢Jn d(mali(¥KS frDm ils donty5, NJ5e is Val￿1. Donations been r￿1Ved ma1￿Y as a result 01￿￿1-01.￿Nmfth publiaty. Voluntews We are grateful lo the numerous volunteeTr that support the dwity V•iih ts mc£ssary kn(Mledge. experience and skills to be able to Otrate tharity. We continued the oppoitiwmty beneffioaries to stLty and mlersland ts nK)St aulhentic book of traditions {Saheeh Bukhari) and the Q￿an in the Erylish lar¥Juage, taught and explain&J ty qualified Scholats. This has been a ur¥que oppothity for beneffiuaries beGwse thi5 is the ffirst lime that Saheeh Bukhari has ten explaird in Ewrth. Governance and Declslon Maklng Nature of the Govenmry DocJJnw •¥J cortsliiutim of t￿ cthftty The d)arity is LX)rtstituted as a t>)mpary liffated by guara)tee aThl is therefote gO¥eTh￿d ty a nmorandum and articles of associalion. The directors of the company are also trustees of the charity. Elyibility for mernbership ofthe charity an¢J rnernber5hip ol Ihe board oftnjstees is goven*d by the memorandvm and artides of asso¢Èab'ty). The￿ aft no ￿$Indi￿$ in the go¥em1￿ do(￿ment ￿ the operdkn'on ofthe chanty ofits investrnenl pww5. Ott￿rth￿ those ty gertral clwty law.

Al Kawthar Academy & Subsidiary Undertaklng Annual Report of the trusle•s for tho yur ondod 31 Do¢•mbgr 2023 Recrultmont and appolntment of new tntstees The pro￿$$ involves determining the <)ptimum skills. krth￿dge and eXper￿n￿ mix for the.. current opetational climate arKI needs, ldenb￿'ng polenb'al members. promokn'ng arwj exptaning the activities of the Board to potential nrrthrs. Qualrty, characteristics and qualffications are decided upon when selecting memtrs of the Board of Twstees. Relatlonships l)elween the charlty and related pa￿$ The induction of new Truslees would include an explanation of the fundion of the Board of Trustees and appointing a nEntor for Ihe rEw member to the Board of Trustees. An overview of the organization and its ac11￿￿eS is provijed. (t-going appropriate training is recon￿nded Operatlng Modol and Rlsks We fund t>ur woth Vlith income from our dorm and aR able to nyirtain a fook8 ryl tharilaLle aclFwlies maintaitMThJ OUT CQSt base lo operale tr services fDr Ihe L￿e￿aalIes. R15k management: AJ Kawrthar Academy take their responsibiliknes tovArds vdLWrteers. staff. drA￿T$ arnl beneficiaries very $enou￿y. An important aspeca of discharging these respon￿bIlItieS involves the identification and management of all potents.al risks Ihal c(Knprory¥se staff, resources, or atMlity to deliver Chaiitable programmes. The Charity, therefore. has tts ulbmate d(ty to reguFarfy identsfy and review the risks lo vthich the Charity is exposed. and ertsufe Ihat appmpriate ￿ntrOl$ are in to provide reasonable assurance against fraud. malicious ads. and effty. The Tfuslees are sats'sfied that all systems are in place or arrar￿en￿S are in hand to manage the rlsks that have been idenb"fied, having ensured segregalion of duties. In parti(wlaT InsurarKe cover is in place and the finances of Al Kawihar Acadwny are kept uTrJer rewew. Appropriate Disclosure aThJ Barrirg servi￿ IDBS) dEcks. supp(xted ty regulaty revth4EO pjlicies. We made for all those who wort ary wlnerable grow)$ TMtt*n the academy. Flnan¢lal Rovlow Pollclos on reserves

Al KaY/<har Academy & Subsldlary Undertaking Annual Roport of tho Irustogs forth• y•ar endod 31 Decombor 2023 The charity works dosety wilh other cKganizaliorts to present the pristire message of Islam to the Engllsh-speakM￿ public arKI to edurnte Mus￿m5 aThJ rnfyfv￿$1Irrs on various aspects of Islam. The Irustees habt resofved to estsblish reser￿ to provmle for f1th1￿ activities. and to provtde funding for Ihe expected experKliture for six months alad. Tre policy on reserves is that ttte existing assets are retsined to produ￿ in(x)me vhlith is %tholty utilized to support exisl'ng activities. There is no inlenlion in the long lerm to either increase or redu￿ the capikl significantly. This policy is justified in that il is necessary to weseTrt in￿)rne at wesent levels in order to maintain the activities of the chanty. The principal funding sources during the year Vfds voluntary donations as a result of of mouth publith. Minimum expendrture vrds incurred in relabon to raistng fvnds. The board oftrustees is sab'sfied that the charitys assets in eath knKI are avaikble adewate to fuhlll its obligab'ons in respect of eath furKI. Avallablllty and adequacy of assets of each of the funds The board of trustees is satisfied that the charity's assets in eath a￿ available arnl adequate to fulfill its obligations in respect of eath The principal fuThJing sowces ￿ing was VOI￿￿rI1Y as a resull ofth of moulh publiuty. Transadions and Flnanclal poswon The financial statements are set out on pages g to 15. The financial statements ha% been prepared implementing the Charities Act 2011, Ihe Companies Act 2LX16, t Mernorandum arKI Artides ofK8sociatron. arttl A¢¢ounting and Reporting by Charities: Statement of Recommended Praclice fluc The Statement of Financial N£bvibes shows nel Incon￿ of £67.277. (prlor year net in(xxne £29.785). The majorty of the expend•tiKe is spent delivwing ￿ chaiilable acti¥itss as stated in the Charit1$ aifrs and obRctsves.

Al Kawihar Academy & Subsldlary Undertaking Annual Roport of tho tr￿140$ for the year •nd•d 31 December 2023 Specthc changes In ffiX￿ assets The board oftnjstees is satisfied that the chalit￿$ assets in each fund are available and adequate to fulfil its obligations in resfvd of each (uThl. Changes in fixed assets ¥e shown in detsil in the noles to the ac(xxmts. Flnanclal performance ol the charltles subsldlary undertakings KavAhar Producti￿S Ltd genefated a net loss of£25.745 in 2023 {prior yeaf loss: £20.785) details given in Note 5. The principal activity of the compary during the year was that of the promotion of audio ￿CtureS and WTitten material. these aclivities contribuled lo rxeating awareness arKI promoting the chatilabie work ofA KavAhar kademy. Share Capltal The company is limiled ty gUara￿e and therefo￿ has no $twe cap The members oftr Board of Trustees of the Chaiity d￿1￿j the year ended 31st December 2023 were :. A Rahman A Rashid A Memi I the directo￿ ofthe are also tntstees ol Ihe chanty. arnl tr£ir respo)￿lI￿leS In￿￿e all the sponsibilibes of directo￿ urKler the Coryanies Acts aTrJ of tntstees under ￿ Char¢lies Acts. The (rector51trustees are all nRrthrs of ts chaiity The rnernbe￿ ofthe Boa￿ of TnAes of the Chaiity at tTr￿ date the wort and aCC￿mts were appro7rt1 were... A Rahman A RashKI AMeTh Baters Nalwesl 8iNrringham City Centre 8fand18imiiThJham Slal•mont of DlrKtors' and Tntslees. R•sponsibilili•s The charity's Iruslees are responsible for the p￿path"on of the accou￿ in acCcKd3n￿ v4ilh the lemis of the Charities Act 2011 and the Charibes IAc¢ounts and Reports) Regulations 2008 NolV￿th$lan0lng the explicit reqiNrement in the extant statutory ￿9￿0￿"￿$, the Charit￿$ {Accounls and Reports) Regulations 2008, to prepare the financial stslements in aeCtytsr￿e ilh aNrent best wadice and prepare t￿ ac¢cwnts a￿ordIng lo the Charities SORP. In particular. charity law requires the Trustees,rf they prepare ac(J)unts on an accruals basis.to prepare financial statements for each financial year vthith give a true and fair view of the slate of affairs of tf charity as at the end of the finan(ial year and of the surplus or deficit of the charity. In preparing those ffinanaal staterrEnts the Trustees are required to:_ To prepare the accounts in accordarKe bMlh United Kirwjdorn Ge￿ollY Accepted Accouth'n9 Pra￿1￿ Iunited Kingdom Accounting Standwds and aw)h¢able law). Select suitable accounting politses aThJ Ihen apply them consistenty. Make judgements and esth"male$ thal aR ￿asonable arml pr￿lent. aThl Prepare the financial slalerynts goir#J c0Th￿n basis it is inappTowiate to p￿ume that th Charity V•ill continue in busirtts. Ste whether applicable accoLmtirJ stsndards arKI stslements of recorrrnended pradice have b followed, subject to ary malerial departures (*sclosed arKI ex￿1￿} in Ihe fmanual Stat￿nts.. The law requires that the trustees nNJst ￿t ap￿0￿ ts a￿x￿lS urless ilw are satisfied that Ihey gr¥e

Al Ka￿r A¢adomy & Subsidiary Undertaklng Annwl Roport ofth• trustoes for tho y•ar onded 31 OK￿b•r 2023 a tr￿ arnj fair view state of affwrn ofthe thaiity and ofthe $￿pIuS Of defi(at oftt th&ity for year. Trt Trustees a￿ also re5pofL4ible for maintsinirwj adequate ac¢w)ting records thich disclose reasonable accuracy at ary time the financaal positson of ttE chanty ar#J which a￿ sufficient to show and explain the charity's tra￿a¢b"on5 and enable Ihem to enswe that the finan(ial slalements compty v￿th regulation5 made under dlanty legislatim. Tlw a￿ also resp(wble for safeguardirrfj the assets oftt arity aTrJ heft￿ fortaking reasonable steps fc* tr¢ p￿VentiOn and deteclion of fraud an¢J other irregularities. The Trustees are also responsible for.the contents of Trustees. report aTrJ the accountant preparing the a(xounts thgs M respty6its'libes in relati(KJ to Ihe Tnjstees. report. The financial statements have been prepared irrylementing Ihe StateTh￿nt of Recomffended Practi￿ for Accounting and Reporting (FRS102).These accounts have LEen prepared in accordan￿ with the provisions in Part 15 oflhe Coffyanies Att 20[￿ and SORP 2019. hlr M A Rashld Dlre¢tor and Trust0• 23 Septomber 2024

Al Kawthar Acadffj & Subsidiary Undertaking Annual R•port of tho In￿¢$ for th• year andod 31 Docembor 2023 Report of the Indo￿nd•￿t Accountant to th• trust•6s on the accounts of Al kn¥rthar Academy lor the year onded 31 D•¢ambor 2023 We report on the fin￿C4a1 slateffents of the dwrity on pages 1010 16. Respgclive responsibilities of dlvectors and •xaml The tfustees (vtho are also the directors of Ihe company for F)urposes of wnpany lawl a sponsible for the preparation of the accounts. Tr trustees constiyer that an audit is not required for this under secbon 14412) of the CharIt￿S Ad 2011 (the 2011 Act) and that an i￿lepe￿￿ent examinali is needed. The charity's gross assets did not exceed £3.26m arvj l am quaIrf￿d to uThlertake the examination by being a qualified meffJer ofthe Assocaation ofchartered Certffied Accountants. Having satisf￿d myself that the charity is not s￿l"ect to a￿111 w¥Jer company law aTrJ 15 elMJibk foT Independent examination. il is my responsikn.lty to." examir the accounts urmler sect￿n 145 ofts 2011Act lo follow the procedures laid down in the ge￿[al Direcltons gi¥en ty the Charilies Commission under Secti￿ 145151(b) of the 2011 Act lo stste whether parti¢thr matters have c4yne to rny altenti( Basi$ of independ•nt oxamln•f$ r•port My examination was canied otrt in accordarKe wilh the gereral Directions given by the Charity Commission. An exarnination indudes a review of the accounting fecords kept by the charity and a comparison of the accounts presented ith those records, M also indth cortsideration of any unusual items or disclosures in accwnts. arn1 sethtYJ explanatiorts from you as Iwslee5 cOn￿ming any such matters. The prO￿ureS un¢Jertaken do not pro￿de all the eviderte that w0￿d be required in an audit ar￿ consequenty no opinion is given as lo vtttifr the aCC￿nts p￿nt a Irue and fair ar#Y the ￿port is limited to tlue matters set in the next slaterw#. Independent Examinofs Statsmortt In connection with ry exalrmnati￿, rKJ matter has to rny attenlion: (11 whi¢h gives reasonable Cause lo believe Ihal in any material ￿SpeCt of t1￿ req{￿fe￿￿nts.' - lo keep accountirg records in accordan￿ with seclion 386 ofthe Compaf¥es Ad 2(K16 and lo prepare accounts wfiich accord accounting records. c￿ty wth the accounti reqiifemenls of section 396 01 the Companie5 Act 2006 and with the ￿thodS and principks of the Statement of Recommended Pra￿'¢e: Ac¢ounlirKJ ar#J Reporting by Chaiities. The Examinerfs relevant prnfessional qualifi¢alion ks: Chartwed Cerbfied Accountsnt Virtus Financial Servic Charterwj Certified AccThinlants Bimiingham The dale upon bthich this was ¢4)M￿eted ts... 18 September 2024

Al Kawthar Aeathmy & Subsidiary Undertaklng Annual Report of th• trusto85 for th• year •nded 310ocembw 2023 Consolldatod Slatement ol Flnanclal Actlvltl•s and Incorno & Expendlturo Account lor tho yèar •ndod 31 oocemhr 2023 Totsl Funds Fund• Fwds . 2023 2023 2022 Income Oonations and l49￿$ In￿rne from Charilable ac11￿1.es 27.4 181.096 27.496 181,096 20,531 143.889 Investments 48,000 .48.000 Total Incom• Expbiditurn 254$92 X2N2• Raisino Funds Charitablè 84ibryties 42.$57 146.758 42.557 146.758 14.3t2 168.326 Tot•1 •xpondllur• 189.315 189.315 182.638 Ngl IncomellgxpendltUVo) and not movomwl In funds for the yfrar Gainsl(tosse51 on Revaualbx of Pr4￿ty 67277 29.782 N•t knm•rrt In Fwds 672TT 67277 29,782 Re¢oncili•tion of funds rotal funds broughrt forwwal 1.(5219 1,LW219 1.035,437 Total Fundg carrf•d foTh•ard 15 1.131498 1.132.498 I￿64219 The statemer)t offjnancjal activits￿ indth all arKI ktsses re(xJgThzed in the year. All incoffle arKI 10

Al Kawthar Academy & Subsidlary Undertaking Annual Report of the trust•88 for the year •nded 31 D•c•mb•r 2023 Al Kawthar Academy & Subsidlary Undertaklng Consolklated Balance Sheet as at 31 DKemb•r 2023 2023 2023 2022 2022 Group Char Group Charlty Flxod assets Tangible assets Investments Total fixedassets 163.586 492.n7 656.323 163.586 492,739 656.325 159.406 509.509 668.915 159.406 509.511 668.917 10 Stock Debtors Cash at bank and in hand Total Current assets 11 12 6.396 162.679 6.789 144.574 275012 426 375 158.919 141,348 Credltors: . amounts due witlmn rme year 13 (4.624) (4.229) (10.022) (9.420) Net current assets 4.222 366.284 378,683 rotaiassets less currentliamities 1,152.545 1,112.984 1.085.268 1,047.600 Crodltor5". - amounts the after ff￿)re Ihan one year 14 (20.049) {17.180) (20,049) <17.180) Net assets The ftmds ofthe ¢hotty.' 1.132,496 1.095.804 1.065.219 1.030,420 un￿striCted ￿VenUe ac￿Tr￿lated fw 541.845 502.284 502,012 464.345 Designated fixed asset fvnds Revaluats'on Reserve 146.777 443,874 149.646 443.874 119.333 443.874 122.202 443.874 Total unrostrlctod fvnds 1.132,4 1.095.804 1.065.219 1.030.420 Total charlty funds 15 1,132.4 1.09S.804 1.065,219 1.030,420 The twstees have prepared gnjup a¢¢owts #i ac¢tydanc¢ wilh seclion 398 oflhe Cunwues Ad 2006 and section 138 ofthe ChariJ8s kl 2011. A￿tt Exempi For the finanoal year In question the company entiued lo exempthin se¢on 477 of the C¢)mpanie5 Ad retatiry to small compantes. No ffvnbers have reqwred the company to Cètsin an aLKlit of its accounts for the year quesbon in aC￿rdance Vlith secticn 476 ofthe Companw Act 2((6. The diredors a(knTh4dye Ihwr re¥w)nsibilty for comWrvJ V￿th the ￿quIrernents ol ts Act y￿1h respecl to axourknJ rec￿[d5 and fof p￿paratIOn of ihe accounts. These accounts have teen ￿epa￿ in accoTdaThxilh the t￿0￿1(￿ awl¢able to ¢(XTynies suL¥ect lo the smal conwanies regime. The notes al pages 12 10 19 form part ofllw attrAx*s. TrusteelDiroctor M A Rashld Approved by the board of tr￿te¢S on 23 Seplember 2024

Al KarothJdm Ltrj. we tre •¢¢wts of the Group on a lir by Ilne ba￿$. in arurdan( cunErt r844al"rffj. The ol Fln•ti Ac¥ies rfude5 the I￿oMe aTrJ txpeThy￿r8 from the SubS￿￿￿ry corryarby. A sep￿ate ol Fwwncaal AC￿￿￿e&. or ￿(a)Ir aTrJ exp￿￿thJre the tharity is not Note 3gWe5dEiai￿￿thÈ iron exp&kn 011hetrad￿Vj sub8A¥iary. AJ Kathar pr￿￿t￿oN5 Lbj 15 condÈred trj be￿•￿7r￿ wtolAI Ka(harp￿¥J+￿￿ rtieth¥tS. Ffjxe(l assels and deprerJab" I wngb fixed assets. slated ai ss d8we(i8ibyb. of￿ Ilw É1fA) arB wt capla15ed. Dewe￿1 h•$ at the Frtehokj laTrJ aTrJ buNding5 04w50 wrs Planl aTrJ Mathirery Over 15s¢ar5 straighl F1knJ￿.ffi1bW5 (Aer6year5 stravjhttine 0•95 Offfi￿ equipm￿t0￿4yeJ￿ straw k"nE basi5 C￿￿j11￿ Ery"pnnl thEr4 years strab3hIl￿ kl In¥¢sth 11 Stock s furthev (>)sts expecied to be iythffed 13

Al Kawthar Acathmy & Subsidiary Undortaking Annual Report of th• tr￿19￿5 for th? yoar gndgd 31 December 2023 Notss toth•accounts {MrtUnwd) ml Taxation n) Funds stru(lure ￿lLY ollhe obie(ts olthe th￿lty. Suth rn•y t hthj to b(th c1 Restricte¥ ftJrvJ$ h4￿ been prowded 10 the Ic pw"r4rfar arbj tt r8 V pjky t#wd olbithes the arvh"Qtion 0fth05¢ ￿rtd$ in attorfaft￿ w51h Ihe rethditffls waced Vw. Tr Chaty at prewi rKJ vestri(W fvTrJs. A d8￿gr$al8￿ 4$5et fund is maintabw lch repiE8tt Ihe ol fi￿1 83¥ets. lhe￿ 15 nD fomwl ol tro￿tr beb4een or Cm Ihe p￿b￿l&T￿r￿jrnsIarK￿s. 2 ID•lktty8urw I•riifkn￿IY 27283 20.780 TOW 2022 Donab 27.744 27.744 170,30B 22.156 141.89) 48.WD 414 170. ¥sthnl Trling.' S Tol•l Incon 10.510 10.$40 Turr 10510 10.510 414 £xp¢rrtfftJ 21.$71 10.540 414 8imAts)Trofir*r4JrnsalÈs 10.5 Exper￿ltyr 21A71 36285 21.571 14

Al KavAhar Academy & Subsldlary Undertaking Annual Report of tho tr￿tea$ for th¢ year ended 31 Deumbgr 2023 Not•¥ to th• •c¢ounts {eontknwdl 6. Anaty815 of thavllabl••xp•ndttur• 2023 2022 T¢t•l knttÈs Undertaken Llrecty 75 25.efA 112.sn 117.082 Sw>p0rtC05bafCttiia￿ .9Y1 76.738 65.553 117&13 40.971 189.315 182.635 olTISupportCosi8 ty Athty 2021 N•turnol Support C% Total 30.971 9.533 40.504 46,491 Faalib"e¥ .657 5.578 36235 19.062 Tot•1 ewndmurn .657 IJ71 15.111 76.738 65.553 • siaff Costs•nd emohJm•nl¥ 2023 48J14 Ilumbws gwivalMts•mphvJ••8 charitab￿ Arthths 2022 2022 24 Year. 15

Al Ka￿ar Academy & Subsidiary Undertaklng Annu•l Roport of tho In%le•s for the y•ar ended 31 D•c•mbor 2023 T4M*I rwp Ass•tCtyt 1 Jawary2023 Jjdltio C4"sp0s￿5 4tJl O•r•mbw2023 243.n4 16.928 38.156 259.712 1&92• S1166 259.712 Al 1 JarnAry 2023 Chwge forthe yeai At 31 D•comb•r202J 84.378 8.321 15,928 38.156 2.SJO 100.X6 10.921 15.•21 Nel 8wkVal A131 2023 A¢31 O•wbw 2022 1¥1 16JI1$

Al Kawthar Acad•my & Subsidiary Undertaklng Annual IRoport of th• Intws for th• yeav ended 31 Doc•mtJ•r 2023 Tolal Chathy Al 1 2ty23 Addib Dwposal¥ A131 D•r•mtsr ￿2) 243,784 15.928 259,712 15A1￿) 2Sg.712 A￿r￿LitEd Dopreraabty Al 1 2023 Cweforthe ye•r At 31 O•c•mb•t 2023 84.378 8.321 15S28 100.3L 10.W21 111,127 2,500 l4818￿kv8I At 31 Daramb•r2023 At )1 O•o•mb•r 202t 151.11 161816 lif0• 163,U6 163.811 17

Al Kawthar Academy & Subsldlary Undertaklng AnTh￿l R•port of th? Il￿t￿ for tlw yoar •nd•d 31 Docomber 2023 N¢) 10 th• KGwts{¢ontlnu• 1th FSM•d A6B•t X123 21122 L•w•d Pyo1￿ Uvdld ToiAI T4)ial Vakn atl Jaft￿ry 2 fj01.511 525.•$1 116. 4K737 111.56 116,3001 Z 4x739 50•.511 V&lw •t31 O•wnlJ li Stock 2023 Garyjs lor 6.789 12 D•bl 2021 1022 Trade deblNS vDebtty5 136ffj79 132.919 113.574 110.318 Sl￿ty). 31.(¥J) 162ffj79 14V74 141.1 2023 2022 20 Trndèuedtia 4.624 4229 10.022 9,420 20# 2022 17.1 17.1P4) IS L• PlorolhBn thwe•￿Tr

Al Kawthar Academy & Subsidiary Undertaking Annual Rwrt of the trustoos for the year •nd•d 31 DKam￿r 2023 At210gr•rnlJ•rX23 F￿lts Ta￿￿ F￿ed Assets 163. 492,n7 163. 492.737 14.6241 14.6241 Lonq i¥bl"•s .274 1.132.I 17 End04¥m•r4 Futtdts +Y 11 Shar• CaFtsI The Lls #thityj ￿gU￿rIl￿$ hasm 19 R•fthd P•rfy 19