## **Al Mustafa Welfare Trust** Charity Number: 1118492
**Al Mustafa Welfare Trust International Ltd Annual Report & Financial Statements Year ended 31 October 2024 England & Wales Registered Charity No. 1118492**
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## **Contents**
|**Contents**||
|---|---|
|Charity Information|03|
|Chairman’s Message|04|
|Our achievements|05|
|Zakat Eligible Projects|06|
|Eye Care|07|
|Orphans|07|
|Clean Water|08|
|Hufaz|09|
|Gaza|10|
|Feed one million|12|
|Fidya & Kafarah|13|
|Give a little extra|13|
|Trustees’ annual report_(incorporating the director’s report)_|14|
|Independent auditor’s report to the members|18|
|Statement of fnancial activities_(including income and expenditure account)_|23|
|Statement of fnancial position|24|
|Statement of cash fows|25|
|Notes to the fnancial statements|26|
2
## **Al Mustafa Welfare Trust International Ltd**
Company Limited by Guarantee Trustees’ Annual Report (Incorporating the Director’s Report) Year ended 31 October 2024
The trustees, who are also the directors for the purposes of company law, present their report and the financial statements of the charity for the year ended 31 October 2024.
## **Charity Information**
**Registered Charity Name** AL MUSTAFA WELFARE TRUST INTERNATIONAL LTD **Charity Registration Number** 1118492 **Company registration number** 05581896 **Principal office & registered office** 110 High Street First Floor Hounslow, Middlesex London TW3 1NA United Kingdom **The trustees** Mr Abdul Razzaq Sajid Mrs Rizwana Latif Mrs Shamama Shahid Lateef Mrs Rubina Khawaja **Auditor** K K Associates Chartered accountants & Statutory Auditor 305 Crown House Park Royal North Circular Road London NW10 7PN **Solicitors** Lee Bolton Monier-Williams LLP 1 The Sanctuary, Westminster London SW1P 3JT **Bankers** Lloyds Bank 12 Smithy Lane Hounslow, TW3 1EH
3
## Chairman’s Message
Dear friends,
**This year has posed significant challenges for many; however, your generous contributions have brought a sense of hope to individuals around the world. I am writing today to express our sincere gratitude for the illumination you have provided - a beacon that reaches even the most shadowed areas of our world.**
I would like to convey that the need for hope and kindness remains urgent. In addition to the tragic loss of over 58,000 innocent lives, there are currently 1.9 million individuals who are homeless in Gaza.
An extensive infrastructure failure has resulted in numerous individuals residing in tents, necessitating immediate medical assistance amid worsening conditions. We are deeply appreciative of our ability to provide essential supplies, including critical medical supplies, despite significant challenges. This year, I encourage you to join us in extending compassion once again - providing a hand of hope to those in need across the globe. Collaborating with renewed purpose and clear vision will enable us to continue making meaningful contributions to society. As long as compassion persists, light and hope in this world will endure and remain everlasting. Let us collaboratively clarify the direction forward.With gratitude,
Thank you,
## **Abdulrazzaq Sajid**
_1,717,468 252,028_ — Our Cataract Surgeries OPD Screenings achievements Performed _1,125,479_ Eyeglasses Distributed _1521_ People with Disabilities Supported in Business _15,905_ » _1,568,320_ Water Hand Pump Beneficiaries _861_ . Provided Food Aid School Based > _23_ Eye Camps Water Purification Plants _7,143_ Orphan Children » _7,249_ Sponsored _3.5 million_ Water Wells Installed Qurbani Meat Distribution _15,087_ Beneficiaries _18,433_ Hafiz Students Sponsored Disabled Children Supported to Attend School _112 461_ Mosques Community Water Built Wells Installed > _34_ =. _652,111_ Schools > o Hepatitis Built : Screenings
5
## Most popular Zakat eligible projects
## **In our quiet moments of reflection we are called to go beyond empathy into compassionate action.**
## Give ZAKAT where most needed
TurninG Compassion WLR A = ee RS INTO ACTION -_Y ON 4 NS gen with your zakat for lasting change \ 7 1 \ nls ‘ . N | Bi. , F **READ MORE...** \ = eS SV f ca
6
## Eye Care for a es ss Better Future
## **Of the 2.2 billion visualy impaired people worldwide, 50% can be treated or prevented.**
For millions, access to healthcare is a barrier to change. Our global efforts aim to restore sight through our remote eye camps and specialist eye hospital, providing free cataract surgeries and aiding millions with glasses, medicine and treatment.
## How you can help
_**£45**_ Could provide One Cataract Surgery
by canes **READ MORE...**
_**£1,500 £4,000**_
Could provide a Complete Eye Camp
Could provide a Slit Lamp
## N47 Brighter Futures for Orphans **We strive to give vulnerable orphan children the best start in life so they can build happy futures without being forced to leave school or work.**
Children under our Orphan program receive wholesome food, first-rate education, healthcare and services meant to support their welfare. Our sponsors get tailored comments and see the direct results of their donations.
## How you can help
_**£28**_ A Month Sponsors an Orphan _**£336**_ Supports One Orphan for One Year ~~a~~ _**£45**_ Will give an Eid Gift to an Orphan ~~ee OO~~
> **READ MORE...** Bh af IGRSScuc 7 o 2
# = Ss Clean water
**785 million people lack access to safe and clean drinking water and are compelled to drink potentially fatally contaminated water.**
## How you can help
_**£200 £300 £500 £2,500 £5,500**_
_**£11,000**_
**READ MORE...**
## Nurturing Future > HUFAZ C—O sc. _
**Empower the life of a vulnerable Muslim child through our Hifz Program, which facilitates Quranic learning and creates beacons of guidance within communities.**
## How you can help
**Donate towards the school fees and boarding of a poor child.**
_**£15**_
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READ MORE...
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_**£180**_
_**£540**_
**EMERGENCY AND DISASTER RELIEF**
## & Palestine
## How you can help
**READ MORE...**
_**£55 £200 £300**_
_**£500**_
## **EMERGENCY AND DISASTER RELIEF EMERGENCY AND DISASTER RELIEF**
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READ MORE... |
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Al Mustafa global family is providing vital support to six key hospitals in Palestine and Gaza, supplying them with critical medical supplies and equipment.
## **These hospitals include:**
- **Field Hospital** _Tal Al-Hawa, Southern Gaza Strip_
- **Field Hospital** _Khan Yunis, Southern Gaza Strip_
- **Red Crescent Hospital** _Khan Yunis, Gaza Strip_
- **Field Hospital** _Nablus, West Bank_
- **Jordanian Surgical Station** _Ramallah, West Bank_
- **Jordanian Surgical Station** _Jenin, West Bank_
Our newest hospital in Egypt stands as a beacon of hope, ready to treat thousands of critically injured patients, with the capacity to care for even more.
**Through these channels and your generous support, we have achieved significant impact:**
- **Nearly 500,000 Beneficiaries**
- **Food Security:** 32,000 families received food packs, benefiting over 200,000 people
- **Clean Water:** 20,000 individuals now have
- daily access to safe drinking water
- **Medical Aid:** Nearly 80,000 people received essential medical supplies
- **Cooked Food:** 176,000 people receive daily
- hot meals through our Gaza kitchen
## Your Support is Crucial
_**£500**_ **Technical & Operational Facilities**
**Medical Facilities** _**£1,000**_
**Patient Ward** _**£2,500**_
**Intensive Care Unit** _**£5,000**_
> **[Operating Theater ]** _**£10,000**_
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# FeedONE
## How you can help
**READ MORE...**
_**£50**_
_**£100**_
_**£250**_
_**£55**_
_**£110 £550**_
_**£750**_
## Fidyah &Kaffarah
## **Fidyah**
When someone cannot fast in Ramadan and can’t make up the lost days afterwards (for example, because of ill health or pregnancy), then they should pay Fidyah. Fidya costs £6 per each missed fast, which provides two meals for a person in need. For -: the whole month of Ramadan, Fidyah is £180. f **£6 per fast** and **£180 for whole month**
**READ MORE...**
## **Kaffarah**
Kaffarah is the compensation that you must pay if you deliberately miss or break a fast in the month of Ramadan without a valid reason. To atone for the missed/ broken fast, a person must fast continuously for 60 days. If they are unable to do so, they must feed 60 poor people at a rate of £6 per person, which is the cost of an average meal in the UK.
This amounts to for each **£360 kaffarah** missed/ intentionally broken fast.
## a little Give extra **- Give Hope** Set Up Direct Debit For Monthly Donations
**Please support us by giving just £5 per month,** so we can help needy and vulnerable people to live their lives with dignity and peace. Wyy **£10** Plant an . **£50** Provides a **Olive Tree Sewing Machine**
**£45** For an **Orphans Gift Pack**
**£150** Provides a family with **One Goat**
We are Members & Affiliates of
Financial
Statements
**Al Mustafa Welfare Trust International Ltd** _Company Limited by Guarantee_ Annual Report and Financial Statements for the Year Ended 31 October 2024
**Trustees Annual Report** _(Incorporating the Director’s Report) (Continued)_
The trustees present their report and accounts for the year ended 31 October 2024. The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s governing document, the Charities Act 2011 and the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard FRS 102 issued in 2019.The following sections for achievements and performance and financial review form the strategic report of the charity.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The affairs of Al Mustafa Welfare Trust International Ltd are governed by the memorandum and articles of association written on incorporation on 4 October 2005 as amended by special resolution dated 27 April 2006. The charity is managed by a board of trustees who are actively engaged in the overall management and control of the charity. In the year ended 31 October 2024, the following persons served as trustees:
Mr Abdul Razzaq Sajid Mrs Rizwana Latif Mrs Shamama Shahid Lateef Mrs Rubina Khawaja
## **OBJECTIVES AND ACTIVITIES**
The charity’s objective is the advancement of health and education, alleviation of poverty and serving humanity. In this regard, the charity continued to support and sponsor the health and education initiatives, poverty relief efforts and construction and repair of houses and accommodation. The source of income was public donations, including Gift Aid and payroll giving. No grant was received from any government or private organization.
## **FINANCIAL REVIEW**
The donations received this year increased when compared to the previous year and were adequate to implement the programs.
The charity received donations including Gift Aid and investment income during the year amounting £11,442,038. Total outgoing resources amounted to £10,331,844.
Total available funds as at 31 October 2024 amounted to £9,241,153 of which £4,063,941 related to restricted funds and £5,177,212 was available for unrestricted purposes.
The Trustees are satisfied that the charities activities during the year have met their objectives and are satisfied with the financial position at the year end.
The charity is managed by the board of trustees and senior management. All major decisions that require board approval are presented to the board. The board Chairman actively participates in on-going management actions working together with senior management of the charity.
_(Continued...)_
15
**Al Mustafa Welfare Trust International Ltd** _Company Limited by Guarantee_ Annual Report and Financial Statements for the Year Ended 31 October 2024
**Trustees Annual Report** _(Incorporating the Director’s Report) (Continued)_
## **RESERVES POLICY**
The trustees regularly review the risks to the charity and are actively monitoring the reserves available to the charity. As the work continues, the trustees have decided to continue to maintain a reasonable surplus which covers a significant part of annual expenditure.
The trustees are satisfied that all the funds received have been applied in a wholly effective manner.
## **FUTURE PLANS**
During this year the charity continued its work and development of its programmes, working closely as a team in achieving its charitable objectives.
The Trustees have not planned any significant changes to the charity’s activities.
## **RESPONSIBILITIES OF THE TRUSTEES**
The charity’s trustees are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and regulations.
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and the income and expenditure of the charity for that period.
In preparing these financial statements, the trustees are required to;
## **RISK MANAGEMENT**
The charity takes robust steps to manage the risks involved in achieving of its aim and objectives. The Board of Trustees reviews significant risks and makes sure that they are taking appropriate measures to manage and reduce their impact. Managers manage resources, monitor performance, and have also established, and manage, an effective internal control environment. This is supported by systems, processes, and procedures.
## **PUBLIC BENEFIT**
The charity develops strategic plans to make certain that we provide maximum public benefit and achieve our strategic objectives, which fall under purposes defined by the Charities Act 2011 and public benefit guidance published by the Charity Commission.
- Select suitable accounting policies and then apply them consistently
- Observe the methods and principles in the Charities SORP
- Make judgements and accounting estimates that are reasonable and prudent
- State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
_(Continued...)_
16
**Al Mustafa Welfare Trust International Ltd** _Company Limited by Guarantee_ Annual Report and Financial Statements for the Year Ended 31 October 2024
**Trustees Annual Report** _(Incorporating the Director’s Report) (Continued)_
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity’s transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charity (Accounts and Reports) Regulations, and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **AUDITORS**
Each of the persons who is trustee at the date of approval of this report confirms that:
- So far as they are aware, there is no relevant audit information of which the company’s auditor is unaware; and
- They have taken all steps that they ought to have taken as a trustee to make themselves aware of any relevant audit information and to establish that the company’s auditor is aware of the information.
## **FUNDRAISING**
Our fundraising strategy is to use different modes of fundraising which include individual donor giving, community fundraising, live TV and radio appeals, events, direct mail, and online giving. The fundraising activities are performed by our staff. As a member of the Fundraising Regulator, we abide by its Fundraising Code of Practice. We advise our donors and supporters that we are regulated by the Fundraising Regulator and comply with their Code of Practice.
K K Associates, Chartered Accountants and Registered Auditors, have been re-appointed as auditors for the ensuing year.
Signed on behalf of the trustees
**Abdul Razzaq Sajid** _Trustee_
We have a complaint registration policy and procedure in place. If donors and supporters have any complaints, they can register their complaints in person, by telephone, email, or online contact forms on our website or through postal letters. Any complaints have to be dealt in accordance with the process laid down in Code of Practice of the Fundraising Regulator.
110 High Street, First Floor Hounslow, Middlesex London TW3 1NA United Kingdom
Date: 25 August 2025
We ensure that our staff are fully briefed about the code of conduct with regard to the protection of vulnerable people. Before any external facing fundraising activity is undertaken, we remind staff on best practice and the need to identify, respect, support, and protect vulnerable people.
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**Al Mustafa Welfare Trust International Ltd** _Company Limited by Guarantee_ Annual Report and Financial Statements for the Year Ended 31 October 2024
## **Independent Auditor’s Report to the Members of AL MUSTAFA WELFARE TRUST INTERNATIONAL LTD**
## **Opinion**
We have audited the financial statements of Al Mustafa Welfare Trust International Ltd (the ‘charitable company’) for the year ended 31 October 2024 which comprise the statement of financial activities (including income and expenditure account), statement of financial position, statement of cash flows and the related notes, 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).
## **Basis for opinion**
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. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
In our opinion the financial statements:
## **Conclusions relating to going concern**
- give a true and fair view of the state of the charitable company’s affairs as at 31 October 2024 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice;
- have been prepared in accordance with the requirements of the Companies Act 2006.
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.
Based on the work we have performed; we have not identified any material uncertainties relating to events or conditions that 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.
_(Continued...)_
18
**Al Mustafa Welfare Trust International Ltd** _Company Limited by Guarantee_ Annual Report and Financial Statements for the Year Ended 31 October 2024
## **Independent Auditor’s Report to the Members of AL MUSTAFA WELFARE TRUST INTERNATIONAL LTD** _(Continued)_
## **Other information**
The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. 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. 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. We have nothing to report in this regard.
## **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, for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- The directors’ report included within the trustees’ report has been prepared in accordance with applicable legal requirements.
_(Continued...)_
19
**Al Mustafa Welfare Trust International Ltd** _Company Limited by Guarantee_ Annual Report and Financial Statements for the Year Ended 31 October 2024
## **Independent Auditor’s Report to the Members of AL MUSTAFA WELFARE TRUST INTERNATIONAL LTD** _(Continued)_
## **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 trustees’ report. We have nothing to report in respect of the following matters in relation to which 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
## **Responsibilities of trustees**
As explained more fully in the trustees’ responsibilities statement, the trustees (who are also the directors 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.
- 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; or
- The trustees were not entitled to prepare the financial statements in accordance with the small companies’ regime and take advantage of the small companies’ exemptions in preparing the trustees’ report and from the requirement to prepare a strategic report..
_(Continued...)_
20
**Al Mustafa Welfare Trust International Ltd** _Company Limited by Guarantee_ Annual Report and Financial Statements for the Year Ended 31 October 2024
## **Independent Auditor’s Report to the Members of AL MUSTAFA WELFARE TRUST INTERNATIONAL LTD** _(Continued)_
## **Auditor’s responsibilities for the audit of the financial statements**
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 our procedures are capable of detecting irregularities, including fraud is detailed below:
- We obtained an understanding of the legal and regulatory frameworks that are applicable to the entity, which it has to comply with. Our audit tests included tests to check this compliance to the extent that we are expected to do so.
- In our risk assessment process detailed discussions and planning took place to ensure that our audit procedures are so designed that any material irregularity including fraud will be uncovered when we carry out our tests.
- In addition, our meetings with the company’s management included enquiries that were focused on detection of irregularities including fraud. Discussions included consideration of the risk of management override on controls and segregation of duties.
- As part of our audit, we reviewed Board minutes and any correspondence with all regulatory authorities.
As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional skepticism throughout the audit. We also:
- Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.
- Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the internal control.
_(Continued...)_
21
**Al Mustafa Welfare Trust International Ltd** _Company Limited by Guarantee_ Annual Report and Financial Statements for the Year Ended 31 October 2024
## **Independent Auditor’s Report to the Members of AL MUSTAFA WELFARE TRUST INTERNATIONAL LTD** _(Continued)_
- Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the trustees.
- Conclude on the appropriateness of the trustees’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the charitable company’s ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor’s report. However, future events or conditions may cause the charitable company to cease to continue as a going concern.
- Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.
## **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. 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.
**Kamal A. Kureshi** _Senior Statutory Auditor_
For and on behalf of K K Associates Statutory Auditors
305 Crown House Park Royal North Circular Road London NW10 7PN
Date: 25 August 2025
We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
22
**Al Mustafa Welfare Trust International Ltd** _Company Limited by Guarantee_
## Statement of Financial Activities
(Including the income and expenditure account) Year Ended 31 October 2024
|**Unrestricted**
**Funds**
Note
£|**Unrestricted**
**Funds**
Note
£|**Unrestricted**
**Funds**
Note
£|**Restricted**
**Total Funds**
**Total Funds**
**Funds**
**2024**
**2023**
£
£
£|**Restricted**
**Total Funds**
**Total Funds**
**Funds**
**2024**
**2023**
£
£
£|**Restricted**
**Total Funds**
**Total Funds**
**Funds**
**2024**
**2023**
£
£
£|
|---|---|---|---|---|---|
|**INCOME AND**
**ENDOWMENTS**
Donations and legacies
5
Investment income
7
**TOTAL INCOME**
**EXPENDITURE**
Expenditure on raising funds
6,8
Expenditure on charitable
activities
9,10
**TOTAL EXPENDITURE**
**NET INCOME AND NET**
**MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**||2,669,845
128,391
2,798,236
1,157,812
1,044,376
2,202,188
596,048
4,581,164
5,177,212|8,643,802
–
8,643,802
518,628
7,611,028
8,129,656
514,146
3,549,795
4,063,941|11,313,647
128,391
11,442,038
1,676,440
8,655,404
10,331,844
1,110,194
8,130,959
9,241,153|9,047,370
61,349
9,108,719
1,120,240
6,348,837
7,469,077
1,639,642
6,491,317
8,130,959|
|||||||
|||||||
|||||||
|||||||
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 26 to 35 form part of these financial statements.
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## **Al Mustafa Welfare Trust International Ltd** Statement of Financial Position
## _Company Limited by Guarantee_
## Year Ended 31 October 2024
|||**2024**|**2023**|
|---|---|---|---|
||Note|£|£|
|**FIXED ASSETS**||||
|Tangible fixed assets|16|822,483|543,850|
|**CURRENT ASSETS**||||
|Debtors|17|1,255,918|760,550|
|Cash at bank and in hand||7,190,555|6,851,818|
|||8,446,473|7,612,368|
|**CREDITORS: Amounts falling due within one year**|18|27,803|25,259|
|**NET CURRENT ASSETS**||8,418,670|7,587,109|
|**TOTAL ASSETS LESS CURRENT LIABILITIES**||9,241,153|8,130,959|
|**NET ASSETS**||9,241,153|8,130,959|
|**FUNDS OF THE CHARITY**||||
|Restricted funds||4,063,941|3,549,795|
|Unrestricted funds||5,177,212|4,581,164|
|**TOTAL CHARITY FUNDS**|20|9,241,153|8,130,959|
These financial statements were approved by the board of trustees and authorised for issue on 25 August 2025, and are signed on behalf of the board by:
## **Mr Abdul Razzaq Sajid** _Trustee_
Al Mustafa Welfare Trust International Ltd (England and Wales registered company number 05581896), (England and Wales registered charity number 1118492)
The notes on pages 26 to 35 form part of these financial statements.
24
_Company Limited by Guarantee_
## **Al Mustafa Welfare Trust International Ltd**
## Statement of Cash Flows Year ended 31 October 2024
||**2024**
**£**|**2023**
**£**|
|---|---|---|
|**Cash fows from operation activities**
Net income
_Adjustments for:_
Depreciation of tangible fxed assets
Other interest receivable and similar income
Accrued expenses
_Changes in:_
Trade and other debtors
Trade and other creditors
Cash generated from operations
Interest received
Net cash from operating activities
**Cash fows from investing activities**
Purchase of tangible assets
Net cash from investing activities
**Net increase in cash and cash equivalents**
**Cash and cash equivalents at beginning of year**
**Cash and cash equivalents at end of year**|1,110,194
12,029
(128,391)
580
(495,368)
1,964
501,008
128,391
629,399
(290,662)
(290,662)
338,737
6,851,818
7,190,555|1,639,642
9,691
(61,349)
6,654
774,376
2,373
2,371,387
61,349
2,432,736
(535,488)
(535,488)
1,897,248
4,954,570
6,851,818|
The notes on pages 26 to 35 form part of these financial statements.
25
## **Al Mustafa Welfare Trust International Ltd**
## _Company Limited by Guarantee_
## **Notes to the Financial Statements Year ended 31 October 2024**
## **1. GENERAL INFORMATION**
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 110 High Street, First Floor, Hounslow, Middlesex, London, TW3 1NA, United Kingdom.
## **2. STATEMENT OF COMPLIANCE**
These financial statements have been prepared in compliance with FRS 102, ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’, the 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 (FRS 102) (Charities SORP (FRS 102) effective 1 January 2019) and the Companies Act 2006.
## **3. ACCOUNTING POLICIES**
## **Resources expended**
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be recovered, and is classified under headings of the statement of financial activities to which it relates:
- expenditure on raising funds includes the costs of all fundraising activities.
- expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
## **Tangible assets**
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation.
## **Basis of preparation**
The financial statements have been prepared on the historical cost basis.
The financial statements are prepared in sterling, which is the functional currency of the entity.
## **Depreciation**
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fitting - 20% straight line
## **Going concern**
There are no material uncertainties about the charity’s ability to continue.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity’s purposes.
## **4. LIMITED BY GUARANTEE**
Al Mustafa Welfare Trust Ltd is a private company limited by guarantee without share capital. It is incorporated and registered in England & Wales.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal.
## **Incoming resources**
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
- income from donations is recognised when it has been received.
26
**Al Mustafa Welfare Trust International Ltd** _Company Limited by Guarantee_
Notes to the Financial Statements _(continued)_ Year ended 31 October 2024
## **5. DONATIONS AND LEGACIES**
|**Unrestricted Funds**
**Restricted Funds**
**Total Funds 2024**
**£**
**£**
**£**|**Unrestricted Funds**
**Restricted Funds**
**Total Funds 2024**
**£**
**£**
**£**|**Unrestricted Funds**
**Restricted Funds**
**Total Funds 2024**
**£**
**£**
**£**|
|---|---|---|
|**Donations**
Donations
Gift Aid
|1,420,677
1,249,168
2,669,845|8,643,802
10,064,479
–
1,249,168
8,643,802
11,313,647|
|**Unrestricted Funds**
**Restricted Funds**
**Total Funds 2023**
**£**
**£**
**£**
**Donations**
Donations
1,902,594
6,149,954
8,052,548
Gift Aid
994,822
–
994,822
2,897,416
6,149,954
9,047,370|**Unrestricted Funds**
**Restricted Funds**
**Total Funds 2023**
**£**
**£**
**£**
**Donations**
Donations
1,902,594
6,149,954
8,052,548
Gift Aid
994,822
–
994,822
2,897,416
6,149,954
9,047,370|**Unrestricted Funds**
**Restricted Funds**
**Total Funds 2023**
**£**
**£**
**£**
**Donations**
Donations
1,902,594
6,149,954
8,052,548
Gift Aid
994,822
–
994,822
2,897,416
6,149,954
9,047,370|
|---|---|---|
|**Donations**
Donations
Gift Aid
|1,902,594
994,822
2,897,416|6,149,954
–
6,149,954|
## **6. EXPENDITURE ON RAISING FUNDS**
|**Unrestricted Funds**
**Restricted Funds**
**£**
**£**|**Unrestricted Funds**
**Restricted Funds**
**£**
**£**|**Unrestricted Funds**
**Restricted Funds**
**£**
**£**|**2024**
**£**|**2023**
**£**|
|---|---|---|---|---|
|Advertising & promotional expenses
Printing, postage and stationery
HR and support cost
Total|972,041
88,665
97,106
1,157,812|435,415
39,716
43,497
518,628|1,407,456
128,381
140,603
1,676,440|767,350
273,361
79,529
1,120,240|
## **7. INVESTMENT INCOME**
||**Unrestricted**|**Total Funds**|**Unrestricted**|**Total Funds**|
|---|---|---|---|---|
||**Funds**|**2024**|**Funds**|**2023**|
||**£**|**£**|**£**|**£**|
|Bank interest receivable|128,391|128,391|61,349|61,349|
27
**Al Mustafa Welfare Trust International Ltd** _Company Limited by Guarantee_
## Notes to the Financial Statements _(continued)_ Year ended 31 October 2024
## **8. EXPENDITURE ON RAISING FUNDS**
||**Unrestricted**|**Restricted**|**Total Funds**|
|---|---|---|---|
||**Funds**|**Funds**|**2024**|
||**£**|**£**|**£**|
|Raising funds|1,157,812|518,628|1,676,440|
|||||
||**Unrestricted**|**Restricted**|**Total Funds**|
||**Funds**|**Funds**|**2024**|
||**£**|**£**|**£**|
|Raising funds|751,243|368,997|1,120,240|
|**9. COSTS OF CHARITABLE ACTIVITIES BY FUND TYPE**||||
||**Unrestricted**|**Restricted**|**Total Funds**|
||**Funds**|**Funds**|**2024**|
||**£**|**£**|**£**|
|Health & Education|–|1,692,596|1,692,596|
|Poverty|318,711|1,282,522|1,601,233|
|Other Projects|339,535|–|339,535|
|Interfaith & Culture|288,090|1,352,539|1,640,629|
|Emergency & Disaster|–|3,283,371|3,283,371|
|Governance costs (Note 21)|98,040|–|98,040|
||1,044,376|7,611,028|8,655,404|
|||||
||**Unrestricted**|**Restricted**|**Total Funds**|
||**Funds**|**Funds**|**2023**|
||**£**|**£**|**£**|
|Health & Education|–|2,464,153|2,464,153|
|Poverty|–|1,176,789|1,176,789|
|Other Projects|583,312|–|583,312|
|Interfaith & Culture|–|764,277|764,277|
|Emergency & Disaster|–|1,282,706|1,282,706|
|Governance costs (Note 21)|77,600|–|77,600|
||660,912|5,687,925|6,348,837|
28
Notes to the Financial Statements _(continued)_ Year ended 31 October 2024
**Al Mustafa Welfare Trust International Ltd** _Company Limited by Guarantee_
## **10. ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES**
||**Activities**|**Support**|**Total Funds**|**Total Funds**|
|---|---|---|---|---|
||**undertaken directly**|**costs**|**2024**|**2023**|
||**£**|**£**|**£**|**£**|
|Health & Education|1,506,399|186,197|1,692,596|2,464,153|
|Poverty|1,141,436|141,086|1,282,522|1,176,789|
|Other Projects|842,233|104,103|946,336|583,312|
|Interfaith & Culture|1,203,750|148,789|1,352,539|764,277|
|Emergency & Disaster|2,922,177|361,194|3,283,371|1,282,706|
|Governance costs|98,040|–|98,040|77,600|
||7,714,035|941,369|8,655,404|6,348,837|
## **11. GRANTS PAID**
Due to the current crisis in Gaza the charity received donations for emergency funding and the trustees felt that the activities will be achieved most effectively by making grant payments to other organisations who have got established infrastructure to facilitate the charitable objectives.
||**2024**|
|---|---|
||**£**|
|**Palestine including Gaza**||
|Name of Institution:||
|United Nations Relief Agency UNRWA|50,000|
|Palestinian Red Crescent Society|23,806|
|Egyptian Red Crescent for Palestine|558,982|
|Egyptian Health Authority hospital project for Palestinians|390,665|
|Royal Hashemite Court|200,000|
|Jordan Hashemite Charity Organisation JHCO|183,089|
||
1,406,542|
29
**Al Mustafa Welfare Trust International Ltd** _Company Limited by Guarantee_ Notes to the Financial Statements _(continued)_ Year ended 31 October 2024
## **12. NET INCOME**
||**2024**|**2023**|
|---|---|---|
||**£**|**£**|
|net income is stated after charging/crediting:|||
|Depreciation of tangible fxed assets|12,029|9,691|
|**13. AUDITORS’ REMUNERATION**|||
||**2024**|**2023**|
||**£**|**£**|
|Fees payable for the audit of the fnancial statements|12,000|12,000|
## **14. STAFF COSTS**
The total staff costs and employee benefits for the reporting period are analysed as follows:
||**2024**
**£**|**2023**
**£**|
|---|---|---|
|Wages and salaries
Social security costs
Employer contributions to pension plans|700,476
73,483
12,909
786,868|614,153
65,287
12,849|
|||692,289|
The average head count of employees during the year was 19 (2023: 16). The average number of full-time equivalent employees during the year is analysed as follows:
||**2024**|**2023**|
|---|---|---|
||**No.**|**No.**|
|Number of permanent staf|19|16|
No employee received employee benefits of more than £60,000 during the year (2023: Nil).
30
**Al Mustafa Welfare Trust International Ltd** _Company Limited by Guarantee_
Notes to the Financial Statements _(continued)_ Year ended 31 October 2024
## **15. TRUSTEE AND KEY MANAGEMENT PERSONNEL REMUNERATION**
During the year Mr Abdul Razzaq Sajid, Trustee of the Charity, was paid remuneration of £58,300 (2023 – £58,300) for his services to the Charity. This remuneration is approved by the Charity Commission. Remuneration received by key management personnel during this year amounted to £149,083 (2023 - £117,050) including the Trustee Mr Sajid. None of the other Trustees have been paid any remuneration or received any other benefits during the year. Travel and related costs in respect of two Trustees amounting to £ 1,467 (2023 - £28,234) were reimbursed by the Charity to the Trustees. Except for this, no related party transaction took place.
## **16. TANGIBLE FIXED ASSETS**
||**Freehold**
**property**
**£**
**Total**
**£**
**Fixtures and**
**fttings**
**£**|**Freehold**
**property**
**£**
**Total**
**£**
**Fixtures and**
**fttings**
**£**|
|---|---|---|
|**COST**
At 1 November 2023
Additions
**At 31 October 2022**
**DEPRECIATION**
At 1 November 2023
Charge for the year
**At 31 October 2022**
**CARRYING AMOUNT**
**At 31 October 2024**
At 31 October 2023|527,238
263,050
790,288
–
–
–
790,288
527,238|102,146
629,384
27,612
290,662
129,758
920,046
85,534
85,534
12,029
12,029
97,563
97,563
32,195
822,483
16,612
543,850|
31
**Al Mustafa Welfare Trust International Ltd** _Company Limited by Guarantee_
## Notes to the Financial Statements _(continued)_ Year ended 31 October 2024
## **17. DEBTORS**
|**£**|**2024**
**2023**
**£**|
|---|---|
|Trade debtors
Other debtors|1,249,168
758,800
6,750
1,750
1,255,918
760,550|
## **18. CREDITORS: Amounts falling due within one year**
|**Total Funds 2024**
**Total Funds 2023**
**£**
**£**|**Total Funds 2024**
**Total Funds 2023**
**£**
**£**|
|---|---|
|Accruals and deferred income
Social security and other taxes|8,552
7,972
19,251
17,287
27,803
25,259|
## **19. Pensions and other post-retirement benefits**
## **Defined contribution plans**
The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £12,909 (2023: £12,849).
32
**Al Mustafa Welfare Trust International Ltd** _Company Limited by Guarantee_
Notes to the Financial Statements _(continued)_ Year ended 31 October 2024
## **20. ANALYSIS OF CHARITABLE FUNDS**
## **Unrestricted funds**
|**1**|**At**
**November**
**2023**
**£**|**At**
**31 October**
**2024**
**£**
**Expenditure**
**£**
**Income**
**£**|**At**
**31 October**
**2024**
**£**
**Expenditure**
**£**
**Income**
**£**|**At**
**31 October**
**2024**
**£**
**Expenditure**
**£**
**Income**
**£**|**At**
**31 October**
**2024**
**£**
**Expenditure**
**£**
**Income**
**£**|
|---|---|---|---|---|---|
|General funds|4,581,164|2,798,236|(2,202,188)||5,177,212|
|**1**|**At**
**November**
**2022**
**£**
**At**
**31 October**
**2023£**
**Expenditure**
**£**
**Income**
**£**|||||
|General funds
**Restricted funds**|3,034,554|2,958,765|(1,412,155)||4,581,164|
|**At**
**1 November**
**2023**
**£**||**At**
**31 October**
**2024**
**£**
**Expenditure**
**£**
**Income**
**£**||||
|Interfaith & Culture
207,953
Poverty
1,323,928
Health & Education
1,361,761
Emergency & Disaster
656,153
3,549,795||1,638,535
1,692,522
1,876,822
3,435,923
8,643,802|(1,444,703)
(1,369,915)
(1,807,932)
(3,507,106)
(8,129,656)|401,785
1,646,535
1,430,651
584,970
4,063,941||
|**At**
**1 November**
**2022**
**£**||**At**
**31 October**
**2023**
**£**
**Expenditure**
**£**
**Income**
**£**||||
|Interfaith & Culture
Poverty
Health & Education
Emergency & Disaster|159,962
1,283,587
1,682,035
331,179
3,456,763|862,161
1,291,635
2,304,739
1,691,419
6,149,954|(814,170)
(1,251,294)
(2,625,013)
(1,366,445)
(6,056,922)|207,953
1,323,928
1,361,761
656,153
3,549,795||
33
**Al Mustafa Welfare Trust International Ltd** _Company Limited by Guarantee_
Notes to the Financial Statements _(continued)_ Year ended 31 October 2024
## **21. SUMMARY OF ASSETS AND LIABILITIES OF EACH CATEGORY OF FUNDS OF THE CHARITY**
|**Unrestricted Funds 2024**
**£**
**Total Funds 2024**
**£**
**Restricted Funds 2024**
**£**|**Unrestricted Funds 2024**
**£**
**Total Funds 2024**
**£**
**Restricted Funds 2024**
**£**|**Unrestricted Funds 2024**
**£**
**Total Funds 2024**
**£**
**Restricted Funds 2024**
**£**|
|---|---|---|
|Fixed Assets
822,483
-
822,483
Debtors
296,377
959,541
1,255,918
Cash at bank and in hand
4,063,913
3,126,642
7,190,555
Creditors (falling due within one year)
(5,561)
(22,242)
(27,803)
Net assets
5,177,212
4,063,941
9,241,153
Unrestricted funds
5,177,212
5,177,212
Restricted funds
4,063,941
4,063,941
Total charity funds
5,177,212
4,063,941
9,241,153|||
|||9,241,153|
||||
|**Unrestricted Funds 2023**
**£**
**Total Funds 2023**
**£**
**Restricted Funds 2023**
**£**|||
|Fixed assets
543,850
Debtors
243,566
Cash at bank and in hand
3,798,524
Creditors (falling due within one year)
(4,776)
Net assets
4,581,164
Unrestricted funds
4,581,164
Restricted funds
Total charity funds
4,581,164|516,984
3,053,294
(20,483)
3,549,795
3,549,795
3,549,795|543,850
760,550
6,851,818
(25,259)
8,130,959
4,581,164
3,549,795
8,130,959|
34
**Al Mustafa Welfare Trust International Ltd** _Company Limited by Guarantee_ Notes to the Financial Statements _(continued)_ Year ended 31 October 2024
## **22. GOVERNANCE COSTS**
|**Unrestricted Funds**
**£**
**Total Funds 2023**
**£**
**Total Funds 2024**
**£**|**Unrestricted Funds**
**£**
**Total Funds 2023**
**£**
**Total Funds 2024**
**£**|**Unrestricted Funds**
**£**
**Total Funds 2023**
**£**
**Total Funds 2024**
**£**|
|---|---|---|
|Professional fees
Audit fees
Bank charges
Depreciation|65,536
12,000
8,475
12,029
98,040|65,536
51,306
12,000
12,000
8,475
4,603
12,029
9,691
98,040
77,600|
## **23. ANALYSIS OF CHANGES IN NET DEBT**
||**At**|**1**|**Nov 2023**|**Cash Flows**|**At 31 Oct 2024**|
|---|---|---|---|---|---|
||||**£**|**£**|**£**|
|Cash at bank and in hand|||6,851,818|338,737|7,190,555|
35
## **We couldn’t have done it without you! Together we performed 252,028 Cataract surgeries.**
## **Al Mustafa Welfare Trust**
Visit **almustafatrust.org** Call **+44 (0)20 8569 6444**
110 High Street, Hounslow, TW3 1NA.
Charity Number: 1118492
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