Registered number. 06018191
Charfty number: 1118545
THE AMJAD AND SUHA BSEISU FOUNDATION
(A Company Llmlted by Guarantee)
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

TrIE AWAD AND SUHA BSEISU FOUNDATION
(A Company Llmkod by Guarant••l
CONTENTS
Rolerence and AdmInistratl￿ D*alls ol th• Cwpany, Its Trust•05 and Advise
Trnstaes. Report
Inde￿ndent Auditors. Report on tho Fln•nclal Statemgnts
Statement of Flnanclal Activities
Balance Slwet
Page
10
Sta¢gm•nt of Cash Flo
Not•8 to the Financial S¢aten
13
14-21

THE AMJAD AND SUHA BSEI8U FOUNDATION
IA C￿Y Llmltod by Guarantsfr)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 DECEMBER 2023
Truste
Aniwl A N Bser&u. DwectoraThY Truste8
Sth R T Bsetsu, Diredot and Twslee
C¢xnpany regl$tsr•d
number
c￿18191
Charfty registered
number
1118S45
Roghtèrod ¢>fflc•
2nd Floor Ch*s HO￿$e
11 Regent Street
London
SW1Y4LR
Auditors
Harris & Trc4ter LLP
Chartered attaun￿ts
101 Cavendish Street
1stFbcff S
London
Unitgd Kirykni
W1W 6XH
Page 1

THE NMJAD AND SUHA BSEISU FOUNDATION
(A Cwny Urrithi by Gu¥ante•
TRUSTEES. REPORT
FOR THE YEAR ENDED 310ECEM8ER 2023
The Trustees present th&irannual rep(y11Tr3etherwith the aKlrted financid st*emenl$ dthe Comparby for the 1
January 2023 to 31 December 2023. Thè Annual Report seNes the purposes of both a Trustees. report and
dir8clors' report under corryany law. The Tru51ees confirm that the Amual Report and fin*cial stslemonts ol
the charilable company compty the current statutory requirements. the requirerrenls ol the charitabl8
compan￿$ goveming docum￿¢ and the provtsions of the Statement of RecommeThled Praelicg ISORP)
applicable lo ch￿tieS preparing their accounts in acekne ￿th the Financial Reporting Standard applt¢able in
the UK and Republic of lieland (FRS11721 (effe￿r￿ l January 2019).
Srnee the Corr¢*any qualf*s as smal under seclKJn 382 of the CorTpani8s Act 2¢x6. the Strategic Rewt
required of medium and I￿e cor￿￿leS Crya)ies Act {Stral8gic Report and D￿eCtorS,
Roportl Regulations 2013 has been omitted.
Oble¢tfves and actlvmios
Pollc1è5 and ob￿￿1¥¢$
The Foundation's objectwes are:
- the relief of poverty and sickness.,
4he atha￿Ment of education arad:
. any other tharrtable objectives at the di5ryetion of the tr￿.
The F¢xJndation invites applicath)ns for lund¥ig d prw8cts through YarM)us sources. The ¥)plications
revimd by the trustees who ensure thal tly are in ￿¢￿danCe with the FoundatiM's objectives.
Achlevements and porfomianco
a. Maln achlevemonts of th• Company
The income for the Foundalton for ts pervj uThJer was £1.1%5.304 12022." £3.099,080 induding ta¥
credits) and t￿ expenditure in the the F(￿￿￿￿K￿,$ were £797,17112022: £598,830).
The Injstees are grateful 10 811 dmots for tsir contritsthirM)s to the Foundation during the year their
conlinued $￿POrt in the firture.
The F￿rK18t￿n's cash reserves ai the ym end wefft £372.824 (2022. £487.￿8)
b. Fundra65ing actlvlties and Inc¢)me 9orb•rat
During the year the FcMJndatioTr d￿nI carry ¢yJt ￿ fvndraising actNihes *KI all the •iC0￿ was generated from
vcAurtary donalKJns by ￿ trustee. iNJivKluals frThn the investrnents.
Page 2

THE AMJAD AND SLIHA BSEISU FOUNDAnoN
(A Company Urn*od ty GuarJnt•fr)
TRUSTEES. REPORT {CONTINUEDI
FOR THE YEAR ENDED 31 DECEM8ER 2023
Achlev¢m6nts and p•rfornianca (Continu￿
. Invostm•nl polky and perfomwnce
The Foundation holds inveslments in order to generate r8ium$ ID help ils charitsble objectNes and to fvnd future
projects. The trustees adopt a F￿￿ent investment p)Iy to ensure potenti& returns are wel balanced wilh the
appropriate levels of risk
Flnan¢lal revlew
a. Golng contorn
After making appropriate enquiries. the Tntstees ha¥e a reasonable expectatIc￿ thal th& Charity has adequate
resources to Contin￿ in opwaknnal existence for the foreseeable futur8. F￿ this reason, they continue to adopt
the going coneem bas￿ in prepanng the [￿anCi* statements. Further details regarding the adwion of the going
concem basi$ ￿ be found in the ￿C￿lI9 pok*s.
b. ReseN•s polky
The trustees have adopted a reserves pc*y wl• slfft￿nt cash ￿5ffts are hekl to cover luture
committmenl$. The balance ol eash reserves * 31 Decembw 2023 was £372.824 (2022.. £487,968).
c. Financl•l rlsk management obiKtives and pollcl
The Trustees have a$ses58d the major r*ks lo ￿l¢ti the charity is exposed. in particul¥ those
related lo the operations a￿1 finances of Ihe and are satisfied that system5 and
Pr￿ethI￿$ are in pfaee to mrtvJate ery￿re to the nw risks.
In accordanea vthh the memThdum aNI artiths of ass(Kiakn. the trustees have p(vM to invest in such
assets as they see fiL The Ch￿ty has a policy of keeping surplu$ liqu￿ fuThls in short term deposits. This k
nsk investment policy provKled Ilextlilty in m*ing charitable grants and ensures the charity has adequate
funds lo meet ongoing grant comnxtmerts costs in accordance ¥￿th lis reserves policy.
d. Foundatlon lov1￿ poNcy
11 is the policy of the Foundation Ihal unrestricted funds which have ncl been desNJnated for a specffic use shoukl
be maintsined at a knl equivalent to befvfftn three and six ￿)nth'S 8xpendrture. The Management committee
& Twslees eonsiders that reseNes at this level wil ensure th*. in the event of a sigNfKanl drop in funding, they
will be able to continue the F￿rwJal1on'S curr9nl ath"V￿e8 wme eMsidefaIi￿ is gNen to ways in vthich additional
funds may be raised.
In Xcordance wth men￿￿ndUm * Arficles of Assoc1*K￿. the manag￿ent commrttee retain the r*X
to invest in such assets a5 they see fL
Page 3

The AMJAD AND SUHA BSEISU FOUNDATION
IACompany Lirnlled by Guar•ntso)
TrUSTEES' REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2023
Structure. g0vorna￿e and manag•ment
. Conslhutlon
The Foundation was i￿0(p￿ted as a c(ryry kmrtej by guarantee on 4 Decen*)er 2¢yJ6, and on ￿ March
2007 was rogistergd wrth Chanty Commission lor Englarnl aFKI Wale$. Its gov8miw d￿ument is ils
Memcrfandum and ArlKks of AsKKiaion.
The management ¢CWbNnrttee, wlK> ae also trLtstees directors for the purpose of company law, vtho
served durry the yearwere..
MrAmjad A N Bseisu (DI￿¢trA & Tn*teel Mrs Suha R T Bseisu Ioiredor & Trustee)
Thè membership of the Foundation is wen to olher irbjmduals ￿ organi$al*)ns who appty to the Foundation #i
form required by the Directors arKI are approved by the Drect(￿s. Nork of the twslees had any beneficial
inlere$l in any contract wth the Foundation during the peritsj. All of the Management commrttee & Trustees ale
members of the coMp￿Y gu¥anleè to COrttrib￿ a nNaximum 01£1Q ¥i the event of a windwNJ up.
Undw the Memorandum and Articl6s ol AsKKith, at the first annual general meeting all the trustees shall
relire from office and, al every subsequent annud ger￿al meetiThJ. one thir(1 of the trustees shall fetir8 annually
and be eligl)le for fftappoitthw
b. PAothods ol appointm¢nl or •l•ctkm of Tntsto•s
Existing Iruslees brief ne* trustees on the Foundation's ains and object￿. They are gtven a copy of the
Memorandum and Artiths of ASs￿latIon along with the latest finarKial stalemenls. They are also given literature
abo￿ tho Foundaticm and a ccpy of the Charly Commission's guidefvw for Trustees. which will help them fulfil
their role in lino wrth thwrty and Co￿anY Iw.
c. thganlsatlonal structur• and decisbowkng policles
The Iruslees wew the str&w aNI finalwi￿ positw of Ihe FC￿r￿J￿#)n at ts regular board m￿ing3.
Tly consider potential risks top whth th? Ftyjndat￿ is ewed. As part of tfv"s prrtess. the trustee8 have
impknented a nsk management strakn whth comprises an annual wew of the risks which the Foundation
may face and the establ.shm￿t of Syste￿ [*￿edureS lo mit*Jale those risks idenlffied in the plan and the
implementation of procedures designed to minimw any impact on the Foundathm should those risks
ma8rialise.
d. Flnanclal rfsk managemo
The Trustees have assessed the maic* risks to whKh the Company 1$ exposed. in particular Ihose related to the
operations and fina￿e8 of the Company, ￿ are Satisf￿ that systans and procedures are in pla¢e lo mrtigate
exposure to the major risk&
Plans for fu￿re periods
The Management comNMtte8wII cc4)tinue to 814¥xyI lyga￿￿)n in fine with the Found81ion'$ objectNes.
Page 4

THE AKIAD AND SUHA BSEISU FOUNDATION
(A Company Llmlt•d by Gu4rants•)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
Stat•ment of Trustoes. rnsport&lb61itigS
The Trustee$ (￿) are 8150 ￿ directh of the Conwary for purposes of company lawl are reS￿nSIbl8 for
preparing the Truslees, Report and the finan¢ial slalements m accordance v*ith applicable law and Uniled
Kingdom Accounting Skndards {Un￿ed KirvJ(krfn Gen&dtyAccep*&J Attounl￿g Pr*Ke).
Company law requi￿ Trustees to prepare fnancial statemerts for each financial . Under company law. the
Trustees musl not approve the financial statements unless they are satisfEd that they give a t￿ and fair view of
tho stale of affaits of the Company and of its i[￿0m1r@ resources and applicatK*n of resources. including rfs
income and eypendilure. for thal In preparing these financkql statem8nls, the Tnjstees are required to..
select surtable accounlirKJ polic￿$ and then apply them c(msistentty,'
observe the methcKfs and prtnciples crf the Chartties SORP {FRS 1¢Y2>."
make judgments and accounting eslimales that are reasonable and pmdent..
state whether applicable UK Accounkng Slandards IFRS 1021 have been follwd. subi8ct lo any material
(*rtures disdosed explained in the f￿rtial statements..
prepare the fina￿la1 slalements on gory ¢ry)cern basis unless it 1$ inappropriate lo presunk that the
Company continue in trMJwr*ss.
The Trustees ale resp(￿sIb￿ for keeping adeqLBts a￿O￿ting rec￿dS that are $ufficienl to sh(hv and explan
the Compan￿3 transactions and thsclose wth reasonabl8 any tim8 the finaneial position ol the
Company and ena)le them lo ensurg that the statements COMP￿ %Mth the Conynies Act 2006. They
a￿ also responsible ts salegu¥ding the assets of the c￿anY and hen* ft>r laking reasonable steps lor th8
preventh)n and detection of fraud other Irregularit￿.
Dlsclosuro of Infi)rmatlon to auditor5
Each of tho persons who are Tntslees at time Ihis Trustees. Report is approved has confirrwj thatr.
80 far as that Tnjstee is alvare. there is no re*vanl audit informalion of wthith the tharitl$ auditors aré
unaware,
that Tnjstee has taken all tr* steps that cwght to ha￿ been taken as a Trustee in order lo b8 8ware of
any relevant au(lil infom)ation and to estabb'sh that charitys aLKlitors are awarg of that information.
Audltors
The auditors. Haryis & Trotter LLP, have ￿d￿ted tr*ir wIingr￿S k> continue in Off￿e. The designated Trustees
will propose a motion reappointitvJ tke ￿lIorS at a ma*iTrJ of the Trustee5.
Approved by crfder ol the fflen*Jers of ts botrd of Trustees on 11 Septanber 2024 and signed on their behaw
Page 5

THE AMJAD AND SUHA BSEISU FOUNDATION
IA Compary Llmttod by Guarantse)
INDEPENDENT AUDITOR8. REPORT TO THE MEMBERS OF THE AWAD AND SUHA 8SEI8U
FOUNDATION
Oplnlon
We have audited the ffin￿ra1 statements of The Amjal Suha Bseisu FourxlalKgn (the '¢harlable companYI
for the year ended 31 D￿er1￿)er 2023 ¢cAnpr￿e the Statement of FinancBI Activili8s, Ihe BaJan¢& Sheet.
the Stslement of Cash FlrAvs WKI Ihe rdated notes. i￿l￿air￿j a summary of signif￿an1 accounts.ng policies. Thg
financial reportrng framework that h88 been ap[d￿d in th*'r prwraticffl is applieabl8 and United Kingdom
Accounting Standards. induding FInar￿la1 Rewtry Standard 102 'The Financial Reporting Standard applicable
in the UK and Republic of Irdand, (U￿d Kingdom Generally Accepted Accountsr¥J Practtel.
In our opinion the financial *atem8nts.'
give a true and fair view of the state clthe chan"table coMpan￿S affairs as at 31 De￿rnber 2023 and of it8
incoming rescyjrces arKI aFpkalion of restyJr¢es. I￿lUdi￿j ts income and expenditure for the year then
ended.,
have been property p￿Pared in acc(%dw 7Mth Unrted Kirgjom Generalty Accepted AccountiNJ
Practice." and
have been prepared in xcordarKe with the rW*6n￿ts of the C￿1￿5 Act 2011.
8asls for oplnlon
We conducted our atKIit in acord•)ce with Inlematk)nal Standards on AuditirwJ {UK} {ISAs IUKII arKI applicable
law. Our responsibilit￿$ under tIMxe $tsrKl¥ds are fvrther described in the Auditors. responsibilities the audit
of the financial stateN*nl$ sectk)n of our rer*Xt. We a￿ indepeThJenl of the charitable company in accordance
with the elhical requirements th* are rel￿an1 to cwr audrt of the ffina￿l￿ stalemenl$ vi the United Kingdom,
i￿luding the Finanual ReportiTrJ Cc￿r￿lf$ Ethical Standwd. and we have fU￿Med our other ethical
responsibiliti'es in aeeorilance wrth these requirements. We that the ￿dit ewdence we have ¢)btained Is
SLrfficient and appropriate lo provKle a basis for 0pmiK￿.
Conclu56ons rel•tJng to going concgm
In audrting the finanual statements. we have conduded thal the Tnjslees. use of the going concem basis of
counting in the pfepar*ion ofthe fIn*KI￿ State￿￿ts is approprth.
Based on the work we have performed. have not hknilffied any malerial uwtainties relating lo events or
conditions that. MidiMduaNy or ￿lleCt￿ety, may cast swjnfftant doubt on the charitable company's ability lo
continue as a g¢ing concern lor a period of * *ast tw* months from Ythen th8 financial statements ale
aulhorised tr issue.
Our ￿sponS*)￿tE3 and the responsth'lil*s of the Trust￿ with respect lo gting concem are described in the
relevant sections of this reporL
Page 6

THE AWAD AND SUHA BSEISU FOUNDATION
IA Company Llmited by Guarantoel
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF THE AAIJAD AND SUHA 8SEISU
FOUNDATION {CONTINUEDI
Other Infomiatlon
The other informati1￿ comwiw the infcrth￿ Ind￿ in the Annual Report other than the financial
statements and our Audrtors, Rewt Ihèreon. Tha Trustees are responsible for the other infomwiion contained
wiitiin the Annua Report. Our opinion on the f￿anCIal statements does not cover other infomiation and,
except to Ihg extent othowse explTCrtly stated in our report. do not exwess any f￿ of assurance conclu$ion
Ihereon. Our responsibthty is lo read the other information and, in doing so. consider whether the other
infomiatKm is maleriaty inconsistent with the ststemenls cff our knowled9e obtained in the couise of the
audrt, or ¢)therwise appears lo be m*erialty mi$3taied. If we idenlrfy such malerral inconsistencies or apparer
matefial misstalements, wo are required lo deteThTne whether thi8 gr¥es rtse lo a material misstatement in thè
financial slalemenls themselves. If, based on have performed. we CC*Klude that there is a material
misst*emenl ofthis other 1nfmlh￿. ￿ are required to repryt that I￿.
We have nothing to reF¥)rt in this regard.
Matters on whlch we arn rnwirgd to rwrt by exc•p
W8 have nothing to report in respect of the fth￿ng matter8 TAtsfe thg Charities {Ac¢ounts and Reports)
Regulations 2008 reqiwres us to repjt to ycw rf. in our winion."
the Informati￿ given li the TnJstees' Rep(Kt is I￿OnSi$tent in any malw?al reSp￿t wilh the financial
statements.. or
suffKrent accounting records have not been kept: or
the financial statements are not in agreement wilh the xcwnlinp r￿OrdS and retums.. or
wè have not receiv￿ all thè ￿f￿n￿tKffi al￿ ex￿5 V￿ require f¢x our audiL
ResponGlbllitle8 of trustoes
As e*ined rn0￿ in the Trustee$. ReSponsibikt￿s Slatement. tho Trustees (who ￿ also the directolg of
the charitable conyany for the wrposes of company Lawl are reSpr￿s￿)le for preparation of the financi71
slalements and for being satisfied that they give a true fair Vie*V, a￿1 for s￿h internal control as the
Truslegs determine is necessary to enatle the Fwaratw of finar￿￿ statwnents that are free from matersal
misstatemenl wfrElher due lo fraud or error.
In preparlig the finanual statements. the Twustees are wnsible for assessing the ch￿tsbIe company'g ability
lo continue as a going concem. discknsirrfj. as appLrable, matters related to going coneem and using the going
concern basis of ac￿nting unles$ the Trustees ether irthKI to INuidale the charitable company or to ceas8
Operat￿)nS. or have no reah.stic alt8rn*ive but to do so.
Page 7

THE AMJAD AND SUHA BSEISU FOUNDATION
IA Company Lhnltod by Guarnnt••)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF THE AAIJAD AND SUHA 8SEISU
FOUNDATION (CONTINUED)
Audltorn. re8ponslbS￿1•es for th• audit of th• IInan¢1￿ statements
We have been ¥poIn￿ as auditor urKler sectk)n 144 of Ihe Charities Act 2011 aThJ report wi accordance wrth
and relevanl regulat￿$ made or haviNJ effecl thereunder.
Our objectives are to reasonabl8 assurance ab￿￿ whether the financial statements as a wlK>le are free
Ir¢xn malefial misstaleffthl. w￿ther due to fra￿1 or errtr, and to issug an Audrtors, Report that includes our
opinion. Reason￿1¢ assurance is a ￿3h ￿ of assurance, but is not a guarantee that ￿ audit conduded in
accordance Y￿th ISAS (UK) wll akvays detect a material misslatei￿nI wh8n it exists. M88lalemenls can arise
from fraud or error and are consKlered material rf. indiwdualy or in the agg￿gate. they couhj reason*)ly be
expected lo iifluerKe the ecor￿MiC dttisions of usets t*en on the basis of these financial statements.
Irrogulariti8s. Ni¢l￿11r￿ fraud, are instances of rh)TrcMyliance with Im and regul*ions. We design p￿edureS
line wilh our responsibilit￿, ouuined above. lo detect matenal misslatements in respect of irregulairties,
cluding fraud. The extent to wh￿h wr yocethres are ¢apth of detectwig irregukaiities. incluthng fraud is
detailed bel￿1¥..
The objectives of our audit ¥e lo identfy ￿ assess the risks of malerial misstat&ngnl of the financial
slalemenls due lo fraud error. to obtsin suffioent apprcwriale ￿di1 evwleno regarding the assessed risks of
material misstslemgnl due lo fraud ¢* error. to resp￿1 4>pr¢(sriately to those risks. ￿￿"ng to the inhgrenl
limlalions of an ￿dit, the￿ 1$ an unavoidable risk material mi551atements in the finarKial slatemenls may
not be detected. even thwh the audit Is prcwty planned aThJ Pthr￿d in w•rdance with the ISAS (UK).
In idenlrfyin9 and assessing risks of material misslatement in respect of irregul8rilw, inclu(*ng fraud non-
Conw1￿?nce with laws ￿ regul**)ns. ￿￿edureS included the folltroving..
. Wé oblained an under8tarKfry of Ihe ￿gaI a)d regu￿ appkable to the Charityand industry
in which it cperates. We determined that knvs w*d regulations were most signfftanl." FRS 102 and
the Companies Act 2006.
. We obtained an understsnding of the Charity is ccffip￿.ry Aryth those legd and regulatory framework$ by
making enquiries of managemnt.
. We chaleng&J assumpti(*)S WKI jthlgft￿ts m* by manag￿￿￿1 *) its signif￿an1 ￿Cc￿ntIng estimates.
We did not *Jgntify key aLpJit matets relakng to irregulwities. MKI￿lIr￿j lrnud.
A further deseript#)n ￿ our responsbifths for the of tre financial stat￿)ert$ is Itxated on ihg Fmianeial
ReP(￿ting Coun¢ifs website at.. ww*.fr¢.
Audrtors, Report.
'lilies. This desuiption form5 part of c￿r
Page 8

THE AMJAD AND SUMA BSEISU FOUNDATION
IA Company Umltad by Guarants•)
INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF THE AMJAD AND SUHA BSEISU
FOUNDATION (CONTINUED)
Use of our report
This report is m￿e 8olePy lo the chwrta)le trustees. as a body. in accLYdance ￿ryth Part 4 of the
Charrties (Ac¢ounls and Reports) Regulations 2CIJ8. Our a￿j11 work has been undertaken so that we might slate
lo the charitable ¢(￿pan￿8 trustees matters we *e reqUI￿d to State lo them in an ALMJitors' Report and
for no othei p￿￿ose. To the fullest extent pemiitted by lth. we do ¥cgpt or assume responsibilty to anyone
other th￿ the charitable compffj and ils mwnbers. as a W. our wcrt for this report, or for th&
opinions we have fomied.
Har￿ & Trott•r LLP
Chartered aCc￿ntants
101 New Cavendish Street
1st Flcor S
London
United Kingthyn
W1W6XH
11 September 2024
Harri$ & Trcthr LLP are elul)le lo xt as a￿1￿$ in tem￿ of sect#)n 1212 of Companiès Act 2006.
Page 9

THE AKJAD AND SUHA BSEISU FOUNDATION
(A Company Umltsd by Guarantse>
STATEMENT OF FINANCIAL ACTMTIES IINCORPORATING INCOME AND EXPENDITURE AccouKri
FOR THE YEAR ENDED 31 DECEMBER 2023
Unrestrlcted
lunds
2023
Total
funds
2023
Total
lunds
2022
In¢¢ffiie from:
Donations aThJ leg
Investrnen15
1.024,119
41.185
1.024,119
41.185
3.067,659
31,421
Total Ineomo
1.06S.304
1.065,304
3.099,080
Expenditure on:
Charitable actiwlies:
Grants paMI
G¢)vemance ￿$ts
f•99,375
197.796
599.376
197,796
$26. 752
72,078
Total oxpendltur•
797.171
797,171
598.830
Net Income befor8 net (lossesygains on
investments
Nel {k)ssesllgains on In￿$trneDts
268.133
268.133
11,636.3371 (1,636.337)
2,￿.250
393,5TO
Nel movement In funds
11,368.204) (1.36Q204
2,893.820
R￿On¢111a¢l0n of funds:
Ttjtal funds brought foTh¥*d
Net movement in lunds
12.659,574
12.559.574
11.368,21141 11,368.2041
9.665, 754
2.893.820
rotsl funds carrl•d forward
11.191.370
11,191,370
12,559,574
The Ststemgnl of Financid A¢trrfibes ir¢tudes all gains aThJ h?$￿ rec4Jgnised in tr* y8ar.
The nctss on pages 14 to 21 forni part of tl*se financial st*emeths.
Page 10

THE AMJAD AND SUHA BSEISU FOUNDATION
(A Company Llmlted by Guarantse)
REGISTERED NUMBER: 06018191
BALANCE SHEET
AS AT 31 DECEMBER 2023
2023
2022
Flxod assèts
Investments
11.122.889
12.023,223
11.122.889
Current assets
Debtors
Cash at and in hand
12.023.223
816.1)86
3n.824
IKI,808
48T.968
1,188.909
668. r76
Creditors.. amwnls falling due within one
10
(1.120.428}
(132.425)
Net ciirreiii ass•ts
68A81
536,351
Total assets loss curront Ilabilltlos
11.191A70
12.559.574
Net assets excludlng perbslon asset
11,191.370
72,559.574
Total net as$gts
11,191.370
12,559,574
Charlty lunds
Unrestricted funds
11
11.191,370
12,559,574
Totsl funds
11,191.370
12,559.574
Page11

The AMJAD AND SUHA BSEISU FOUNDATION
(A Company Limlt•d by Guarant••>
REGISTERED NUMBER: I)6018191
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023
The entity was entilled to exwwlion from under secti)n 477 ofthe Crywtes Ad 2006.
The M￿ber5 have required entty lo obtain an audrt for the >*8r in west*)n in xcordance wlh s8¢tion
476 of the Ccrfryanies Acl 2006.
Hcwever, an audl is rwuired *i xcordarv with sertion 144 (rfthe Ch*ities Act 2011.
The Trustees aCkn￿Med98 Iheir reSp(m￿&￿t*S wrth the requirements of the Act with respect to
The financial statements hav8 been prep¥ed in aCc￿d4￿ 7Aryth thè provtsions applicable to entities subject lo
the small cOmpar￿e5 regwne.
The financial slatem8nts were appro¥wJ aNI arth￿tsed for ISS￿ by Ihe Tmslees on 11 September 2024 and
gned on therr behaff by..
Amjad A N Bseisu
The rw)tes on pages 14 to 21 fomi part (rf Ihese finwKial stat•r￿ts.
PwJe 12

THE AWAD AND SLIHA BSEISU FOLINDATION
(A Cwpany LkrMt•d tr4 Guarant••)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2023
2023
2022
Cash flows from operatlng activltles
Donat￿n8 received
Donalions pafvJ
staff costs
Irt6￿$1 paid
G¢)vemance costs
Foreign exchange
388.842
919,965
1599.3741 (526, 752)
14,680)
(2,563)
119.902)
(5,563)
194.1401
(19,806)
(4871
47,436
Net cash (used in) fr(*n operatlng aclivlu
{329.7421
{51.2T7
Cash llows from Investlng actlvitles
Interests from investments
Prctee(Is from sale of investmenls
Purchase of investments
41.185
34.565
872,748
12.318.310
11.608.752) (12,939.329)
Ngt cash used In Investlng actlviti•s
(694.819) (686.454)
Cash iniknys frcth new bOrr￿￿rt9
9A16
Net cash provld•d by flnanclng activi11os
909A16
Change In ¢agh and cash equlvalenis In thè year
Cash and caBh equival￿ & the beginniTrJ of the year
1116.144)
487,968
1113,7371
601, 705
Cash and cash equivalents at the end of the year
372.824
487,968
The nctss on pages 14 to 21 f￿￿ part ofthese finartial statements
P4e 13

THE AMJAD AND SUHA BSEISU FOUNDATK)N
{A Company Umlted by Gu•ranl••l
NriTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
countlng pollcles
1.1 8asls of preparallon of fin•nclal statem
The financial statemerrts been prepared in ￿)rdance Wrth the Charrtres SORP {FRS 102> -
AcccNJNing and Reporting by Charities.. Statement of Reccrfrynended Pr&t￿e applicable lo charilres
preparing their aecounts in aCC￿￿nee wjlh the Financial ReportiThJ Standard applicable in the UK
d RepublK of IrdaThJ IFRS 102) (effective 1 January 2019). the Fintwcial RoF4)rting Standard
apF4icable in the UK ar¥J Re￿bI￿ c4 Ireland {FRS 1021 and the Companio$ Act 20CE.
The Amj•J and Suha Bseisu F(￿rKlatiOn meets ts definttion of a PL*Jlic b8nefil entity under FRS
102. As$els I'atxlitias are initialty recognwd at histortsl cost or transaction V81ue unless
othe￿iS9 ststed in the releTht account¥￿ polry.
12 Incom•
All income 1$ recognised orKe the Conyany has enlitth￿ lo the income. it is probabbe that the
inccThe will be f￿1Ved and the rnnt of income re￿vatI* ￿ b8 n￿asUred ￿118bty.
Income tax re￿verab￿ li relat￿n to *7¥est￿ ine(xne is recognised al the Iwne thè irbveslmenl
incom8 is receivable.
1.3 Expenditur•
Expendrture is recogrised onc8 Ihere is a legal or constructive obligalion lo transfer economic benefrt
lo a third party. il is probable that a transfer of economic ben8fils wiw be required in settierr*nl and
the amowtt of the obligation can be rneasured reliably. Expenditure is classrfied by activity. The eosls
of each actI￿ty are made up of the total of direet costs shared costs. including support costs
invc4ved in undertaking e&h activty. Dired costs attributabla to a single &ts"vity are a1￿cated directly
lo that adiwty. Shared costs whth ccrfrtrilyjte to more than one Xtiwty and support costs which are
not attrt)ul&•le to a singie actmty are apportKJned beiween those activili8s on a basis consistent with
the use of rescMJr¢es. Central staff o)sts are alkthd on the basis of time spent. and depreciation
¢harges allocated on the wrtion of Ihe ass￿.8 use.
Expenditure on charitable activtties is incurred on directly undertaking Ihe a¢XiMti8s which further the
corWn￿s objectives. as well as any associated support costs.
Grants payable are charged in the yw *then the offer is male excepl in those cases %there the offer
conditional. Such gr￿ts bw.ng recognised as expenditure when the conditions attaching are
lfilled. Grants offered subject to conditM)ns wh￿h have b&n at the year end are noted as a
cOff￿nItMent, but not accrued as expendrture.
AJI expenditure 15 ¥)cIusNe of irrecovera)kt VAT.
1.4 InvoStmMts
Fixed asset investments are a fomi of financral inslwment and are initially reeognised at their
transa¢ticffl cost and $ubsequ• m8asured al lairva￿e at the Balance Sheet date Unle￿ the valua
cannot be measured rdiably in whKh case it is measured at cost ￿$$ ¥npairrnent. Investment gains
8nd losses, whether reais&l ¢y unre*ed. are CLYnb•"ned a)d presented as 'G￿n$1(Lo$s¢sI on
investments. in the Statement of ActNrties.
Page 14

THE APAJAD AND SUHA 8SEISU FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR ThE YEAR ENDED 31 DECEMBER 2023
Ac¢ountlng polki051conthiuodl
1.5 Intsrest receivab
Inleresl on fl￿d$ held on deFW't is inckxled r•c*ivable aTrJ the amount cari be measured
relBbly by the Company. this is norm4ty upon ncrtifK*ioTr of the irterest pad or payable by the
institut￿n wth the funds are ¢knsited.
1.6 Debtors
Trade and other debtors are recogni5ed at the seltlen*nt amount after any trade di$¢ount offered.
Prepayments are v4ued at th8 an￿Unt prepa*J net of any trade discounts due.
1.7 Cash at bank •nd In hand
Cash at bank and wi hand [r￿￿e$ ¢ash shcfft-tem) h*3hly liquid investments wth a short maturity
of three month5 or less from the dale of wuisilion or opening of th8 deposTt or similar account.
1.8 Llablllties and provlslons
bilities are recognised when Ihere is w obfigation at the Balance Sheet date as a result of a past
event, it is probable that a transfer ol econcfftic benefft will be required in settlament. and the amunl
of the settlement can be estYn*d rew.
Liabilrties are recognIs￿ at the *noL*)t that ￿ Company ￿ticipat@S it wil pay to settle the dgbt or
the avwjnt 51 has recei￿￿ as alvanced payments th& gotrjs or servus it musl pmwde.
Provisions are Measu￿ at the best estrnate of the wnounls required to $8ttle the obligation. Wher8
the effect of the lyne value of nN)ney malerial. the provision is based on the piesent value of those
amourts. (thscounted at the prts&￿ discount rate thal reflects the risks specific to the l1a￿.11ty. The
unwindmg ofts* dIsC￿nI is recoJni8ed in the ￿ment of Financial AciMt*s as a finance cost.
1.9 Fornlgn curr•ncl•s
Monetary assets and Ikqbilities den￿nIthd ID f￿Tr Curren￿ are Iranslaled into 8t8rl.ng at rates
ofexchange ruh'ng at the r4￿1r￿ d*e.
Transactions in foreryn currgncies are tr￿sla￿l into slerlwvJ at the rate ruliYJ on Ihg dale of the
Iran5aclion.
ExchaTr3e gains aKI bsses are reC￿lS¢d in the Stthenl of Fina￿181 Actith.
1.10 Flnancial Instruments
Th8 CoMp￿Y onty hos finaThiaf assets WKI f¥)ancial b*ih'liès of a kh￿ that quah'fy as basic ffinancial
instruments. Basie financial instruments are initiaty recLyJni8ed at transaction value and subsequenlly
measured at their setderrent value with the exCept￿n of bank loans which are subsequently
measured at aThvJrtIS￿ cost the effertp￿ ￿terest
Pag8 15

TrIE AMJAD AND SiThIA 8SEISU FOUNDATIOM
IA Company Urrmtfjd by Guarant••)
NOTES TO THE FINANCIAL STATEMENTS
THE YEAR ENDED 31 DECEMBER 2023
Accountlng pollcies {contlnu•dl
1.11 Fund accountlng
Gereral funds are uNeStsid￿ funds we a¥￿￿18 for use at the discretion of the Trustees in
furtherance crf the 9enttal C￿)￿b￿r$ of the C(xnpany and have not been dosvJnatgd for othgr
purposes.
Investwt income. pns aThl *)sses we dkded to the appro￿ate fund.
Incom• from donatlons and l•gacièB
Unrestrlct8d
funds
2023
Total
funds
2023
Tolal
funds
2022
1.024,119
1,024,119
3.067,659
Tolal 2022
3,067.659
3,067,659
Investment income
Total
funds
2023
Total
funds
2022
funds
2023
Investment irKome
41,185
41.185
31,421
Total 2022
31,421
31,421
Page 16

THE AMJAD AND SINIA BSEISU FOUNDAllON
IA Conwy Lknlted by ¢knrant•e)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Anatysls of grants
Grnnts io
In**u￿on$
2023
Total
Total
funds
2022
2023
Grants paid
599,375
599,375
526. 752
Total 2022
526, 752
526.752
A bst of grants pardtde during tr* be obtsined frcffi the trustees w rg]uest.
Governance Cosls
UnrestrTrcted
Totsl
funds
2023
Tot81
2023
2022
Slaff salaries
Staff national insurar
Staff pens￿￿ costs
Loan interest
Foreign exchange
Computer expense
Bank charges
Audit fees
Tiaval and entertarynent
Advwti$ing
Staff Recruitment
Conference costs
96.813
2,754
2,087
20,649
118.541)
711
2.292
4.642
4.258
96,813
2,754
2,087
20,649
118,641)
711
2292
4,642
89,079
2,481
1.231
4.696
(47,435)
824
1,022
3.420
4. T71
6,589
1.689
80.442
80.442
197.796
197.796
72,078
Auditors. remunerntion
The auditors, ¥emuneration amowts to an a￿l￿or fee 01 £4.74012022- £4. 740).
Page 17

ThE AMJAD ANO SUHA BSEISU FOUNDATION
(A Company Lkn*•d by Guarantse)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEIABER 2023
Tru$l¢g8' remuneratlon and oxpen
Duriig the year, no Trustees receib*d any remunwatv)n ow other benefits (2022- £NILJ.
During the year erKled 31 Oecenkn 2023, rn) Trustee expenses have been incurred (2022- £NIL).
Fixed as8•t invostmants
Usted
Unlhtod
Investmènts Investments
Total
Cosi or valuatlon
At 1 j￿Uary 2023
Additions
Oisposals
Revaluath)ns
10?$5,823
1.808,752
1791215)
11.717,870)
1.067.4(KI 12.023,223
1.608,762
1791,215)
11,717.870)
Al 31 Decen**er 2023
10,055,489
1.067.400 11,122,889
Not book value
Al 31 Dec￿￿er 2023
10.OSS.489
1,067AOO 11.122,889
At 31 D6cemtsr 2022
10.954823
1.067.4LXI
12.023,223
In the opinion ol the TrLtstees, markel of the unlisted investnwtst at the balance sh881 date would
not be materialy drferent than shown in the staten*nls.
Dobtors
2023
2022
Du8 Within one year
Olher debtor5
Accrued incon
Tax recoverable
460.000
5.808
175.000
360.277
816.085
180,808
Page 18

THE AMJAD AND SUHA 8SEISU FOUNDATION
{A Umltod by Guarant••l
MOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
10. Cr•dltots: Amounts falling du• vAthln one yoar
2023
2022
Other loans
Pension fund payable
OlhLY ¢￿ditorS
AccrLFals and deferred
891,135
473
128.248
3,704
225,031
1.120.428
132.425
11. Stat•rnent of funds
Statement of fund8- curr•nt year
alan¢• at
31
Galnsl D8comb•r
{Logsesl
2023
8akThce at 1
January
2023
IrKome Expondlturo
Unrnstrfd•d funds
General Funds- all fvnds
I2￿9.574 1J165.304
1797.1711 (1,636,337) 11.191.370
St•tomont of funds- prfor year
Balance al
31
D8cembei
2022
Balance al
l January
2072
Gainsl
{l¢￿seS)
Expenthlurn
Unrestrkted funds
General Funds- all funds
9.665.754 3.099.0
(s98.￿0)
393,570 12,559,574
Page 19

THE AMJAD AND SUHA BSEISU FOUNDATION
IA c￿ Llmlt•d by (knrantsg)
NOTES TO THE FINAMCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
11 Summary of funds
8ummary of funds- curr•nt y¢•r
Balancè at
31
Galnsl December
Incom• Eyndlture {Losses}
2023
Balance al 1
J•nuary
General lunds
11S59,$74 1.065J14
1797,1711 11,636.337) 11,191,370
Sunwnary offund¥- prfor y•ar
Balance al
31
December
2022
l January
Gain
In(xTh ExKendilur8 (Losses)
General funds
9.665. 754 3.099,080
(598.830)
393,570 12,559,574
13. Analysis of net assets betwofjn fvnds
Analys1$ of net assets funds. currenl yoar
Unrgstrirtgd
funds
2023
Total
funds
2023
11.122,889 11,122,889
1.188,909
1,188.909
11.120.428) (1,120.4281
CUrT￿t a$5e¢s
Cfedilors due within one ￿ar
Total
11,191.370 11.191,370
Page 20

ThE AMJAD AND SUHA BSEISU FOUNDATION
Company Umlt•d by G￿rkn>
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
13. Anatysls of net ass•ts b•twegTr funds (conlinuedl
Analysi¥ of net a8$9ts bet￿n fvnds. prior year
Unreslncted
funds
2022
Total
funds
2022
Fixeil asset investrnents
Current assets
Creditors due withn on8 ye
12023.223 12.023,223
668. 776
668, 776
(132.425) (132.425)
T￿al
12,559,574 12,559,574
14. Relaled paty trnnsactlons
During the year lh8 folkn￿ ¢knatI￿ wern made by a trustee without restriction$.'
- Cash donations of £741.107 {2022.. £880.662)
Page 21