# **ANNUAL REPORT 2024** **F I N A N C I A L S T A T E M E N T S F O R T H E Y E A R E N D E D 3 1 D E C E M B E R 2 0 2 4** info@goreebfund.com www.goreebfund.com **0207 247 8245** **Goreeb & Yateem Trust Fund** financial STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 |**1. TRUSTEES' REPORT**|**3 TO 7**| |---|---| |**2. OUR PROJECTS**|**8 TO 25**| |**3. INDEPENDENT EXAMINER REPORT**|**26**| |**4. STATEMENT OF FINANCIAL ACTIVITY**|**27**| |**5. STATEMENT OF FINANCIAL POSITION**|**28**| |**6. STATEMENT OF CASH FLOWS**|**29**| |**7. NOTES TO THE FINANCIAL STATEMENTS**|**30 TO 34**| |**8. CONTACT US**|**35**| GYTF annual report 2024 **Page: 2** 60REEB . YATEEM TRUST FUND TRV$Te£ REPQRT FOR THE YEAR EMOEO JI DE¢EII8EP XI24 LW Adminhi￿vW Inlorniat StDtKFafd Clwity in E￿￿1 & R•ll1s1•r￿ OTh: 11 J4nuwy 21*)8 Ch¥ity R•gBtratDDn NLvnb•r: 1122271 K•ll￿ Mth*y•￿ AtyJ Tow ¢ Cffic•: Id FIDX. 2S9 Ro•J. LryKl￿El 1D8 HS8C Al R•J•h ctThwJ1￿ry FCCA 16 PIDlbJrn wC1V￿x GYTF ANNUAL REPORT 2024 PAGE: 3 60REEB . YATEEM TRUST FUND Irtrdu¢lity Whowokn Ir&Stf￿￿e IIYOW I￿6 aThJ tiwir¥J dshp. K•y Ac1iviti•g and Aehiovom•nts - 2024 Highliyhl¥: fA) Hcrn•s bull l11thling 2 in Tanz￿1 452 Vlaw W•115 in51•ll•ql 2 in T8na*) .no y•7￿11¢haIr5 d￿lI•d 11 ￿ in T4nzW￿> - 20 ￿$h￿artI dairt•w•d to St•￿ stn*ksc21è entrepMetntr GYTF ANNUAL REPORT 2024 PAGE: 4 60REEB . YATEEM TRUST FUND Gtymrt4Th¢* *TKI Twu*l*** FI￿￿1￿1 Roy Fly 31 DoC￿l￿ 3)24: 687.443 3.513 137.712 d R8stsxl&l FuTrls 78.910 R•¥¢rn$ Policy GYTF ANNUAL REPORT 2024 PAGE: 5 60REEB . YATEEM TRUST FUND ¢h*ll•ng*¥ F•#d in 2024 PlaTrs lor 2025 L*￿￿hr$ r¢* Alfrf•fi E>J￿r￿) dlgrtai ftmdraising moth•th 1> ￿￿ease teach and ar￿￿? Parlnor8hips, DoTror8. and Volunleern LW ComWimc• kn•nwnt GYTF ANNUAL REPORT 2024 PAGE: 6 60REEB . YATEEM TRUST FUND ApFvov*l Iw. Hoo OA0.' 14 (klcts 2Q5 Oal•". 14 Oolcbw 2QS GYTF ANNUAL REPORT 2024 PAGE: 7 60REEB YATEEM TRUST FUPID EXECUTIVE SUMMARY Alhathdulillah, 2024 wès an exciting year tor our charity as we expanded our efforts into Tanzania, East Alrica. lauKhin8 several impactful projects. Despite challenges like inflation and the rising c05t of livin& we were able to carry (xrt these initiative5 thanks to the ger•erous SUPP)rt of our dorK) In 2024. we rnade a significant impact by buikling 25 Masjxls. iKluding 11 in Tanzania. WKI constructing 60 houses. with 2 in Tanzwwa. We also established 452 watw wells. 2 of which are in T?nzanii provi(lin8 clean water to th05e in need. Beyond infrastructu￿. we empowereort for vulrÉrable communitie* Our work continues to traisfomi lives. bringing hope. dignity. 3rKI stsb1￿ to those wtK> need it mosL Pe￿ of B￿h a￿1 Tanz3ria are in desperate need of your help and support. May Allah bless all our and sUpp￿ters. and grant us the strength to contiwe helping the poor and needy Bangladesh and East Africa. and enable •J5 to expand our work to rnore countries. Wishing ycK• a blessed atKI spiritually upjiftirig Ramadan 2025. May this ty month bring you pe¥e. mercy, a￿1 countle55 blessitw& Please keep U5 in y In impoverished ccmstructin8 pernunent Masjid is often an immense thallen8e to the high costs involve(L Therefore. those who are finaThtially able should seize thts incredible opportunity to earn immense rewards by contribuhn8. either individually or ccAlechvely. to provide lastin8 plxe ￿ worship for those in need. 2024 120 Masiids ConstnKted SO FAR FUTURE 30 Masjids 20 Masiids vnl txmhj hwn a in Paraffje." GYTF ANNUAL REPORT 2024 PAGE: 12 60REEB YATEEM •XY. TRUST U ASMD PAoJEcf 2024 I¥Y. TRU￿ FifftID U , IAASJID PROJECT 2014 8ROTHElf) FIKthI I G.Y. TRIgST FIIIID UK MASJID PIIOJECT 2024 G.Y. TRusf FIIP40 UK ASJID PROJEcf 2024 LATE HAtI MOWUMOft AU IANIFA BEGIJM & UKI)OMOI GYTF ANNUAL REPORT 2024 PAGE: 13 GOREEB YATEEM TR T FUFID ATER PROJECT Watv ts not just a necessity: it is ¢)ne of the S￿atest gifts we cart give. for it is the very essente of life. In Countries like Baftsladesh and TanzaTha, cwnt1￿S vulnerable coMn￿￿•￿e$ still fa￿ the daily stru88le for access to clean water - an undeniable humat) ri8ht that Sh(￿Id never ￿ out of ￿ach. By ￿SUring access to dean water. we do f* more than quench trirst . wt save live& pretsit disease, ueate the fouTrJati lor healthief, fflo￿ prosper(Ats comfi￿nitIes. Access to cleart watef is not jiJSt about survival: it is about 8ivin8 comrrrtmities tr* thance to flcAKith unlo(kir6 their ￿tial, and eMr￿￿Ing them to IxJlA4 a better lut￿e. 2024 452 WateT We115 Instalknl 3.142 Waterwetls Installed SO FAR FLfTURE PLAN I(XXl Water Wells 111 m So Deep Wells li GYTF ANNUAL REPORT 2024 PAGE: 14 60REEB YATEEM TRUST FUND E IIIFllI fpdr, w, QViVielZA8 GA IPAMDHA P.ttYq %L F*JAQ", X hlA8IGA14J KURI6RJM AOIGANJ BAN6LA8AZAI, KHAI45HAMA DIWAIPUA GYTF ANNUAL REPORT 2024 PAGE: 15 GOREEB YATEEM TRUST FUFID FAMILY EMPOWERMENT Many families lack basic tools arrfl equipment r￿ded to eam a livelihood, as tl cannot afford to trAry or Itase them. Providin8 them with essential resources like a rickshaw. sewn8 machine, or two-wheeled cat is not just an act of charity-Tt is an act of empowermenL These tools enable individuals to work 8enef3te income. and provrde tor their families with dignity and irtrdependence. This life-chan8in8 SVPI)ort helps break the tycle of rloverty, fosterin8 loftg.tefrn sdf-SUfficie￿ ahd a brighter future. 2024 Over £9.5K Spertt Ovtt £181K Sptfit SO FAR FufuRE PLAN 200é4 , 3(y) J I I li** .- GYTF ANNUAL REPORT 2024 PAGE: 16 SOREEB YATEEM RICXSIIAW PAOXtt 2014 IP GYTF ANNUAL REPORT 2024 PAGE: 17 GOREEB YATEEM TRUST FUFID II4MADAN FAMILY FOODPACK Supporting poor a￿j Treedy familie5 during the month of Ramadan wilh a food pack is a ryJble and rewarding act. Mary Struggling farnilies face immense har<15hip during this sacred month due to reduced work opportunities. extreme ￿al a￿1 the Challenges of fasting while lackin8 woper n(wri5hn*nL By providing food packs we ease their I￿rden. allowing them to obseNe Rama¢lan with dignity and devotiotL 2024 £21k Spent £370k Spent SO FAR FUTURE PLAN Ésok Ésok 202 .GOREEBO' DI 11 GYTF ANNUAL REPORT 2024 PAGE: 18 60REEB . YATEEM TRUST FUFID P RAMADAN , •p• oo• pl4 .sr .IAQ op DAN YATE GYTF ANNUAL REPORT 2024 PAGE: 19 60REEB YATEEM TRUST FUND HEALTH CARE &L )rfHEELCHAIR Alhamdulillah. there We￿ no m3ior ￿tUPI rfwsters in Bangladesh in 2024. Hov•ever. the support for those affected by pmious disasters is often an ongoing process. as are startirt8 ovef With nothiiTr8. For ifidividuals with disabilitie& a wheekhair tan make a life-chan8in8 dIffe￿ThCe, 8ivin8 them the ability to move aound with dignity and irbdeperthnce. ￿thoUgh tr£ c05t of a wheelchair mty seern minlmal to some, it ffemaifts out of ￿1th for many poor familie& ￿ providing wheelchairs. we empower disabled iThdividuals to navigate their lives rnofe easily. restofiftg their mobility ￿ enhanting theirquality of ￿fe. This simple yet impactful gesture can brin8 immense relief and to those who need it rrrf>sL 2024 . Over £13k Spent Over £3k Spent Over £291k Spent '. Over £352k Spent SO FAR FUTURE l4 GYTF ANNUAL REPORT 2024 PAGE: 20 60REEB YATEEM & ¥AIE f I 1117* 4e<' WHEELCHAI "11122 2024 IIX: 112227 JKfr.I t12Wi 'J_ii-. P 2024 , •￿lIar 2*4 GYTF ANNUAL REPORT 2024 PAGE: 21 GOREEB YATEEM TRUST FUFID EAST IFRICA TANZANIA,. Alhamdulillah. in 2024. we have made significant progress in East Africa. with a strong focus on Tanzania-a country Whe￿ the need for essential support is profound. With your generosity. we have built 11 Masjids. provided 2 deep W3terwells, constructed 2 distritxrted over 180 fo(Kl packs, and delivered Icrf) wheelchairs to those in desperate need. These efforts have not only provided clean water, shelter, fo(xl. and mobility but have 3150 restored dignity, ho￿ and stability to stru881in8 communities. Tanzania remains one of the re8ions where our work is most crucial. Many communities continue to face hardships due to poverty. lack of infrastructure, and limited access to basic necessities. Our mission in Tanzania is far from over. and with your continued support. we can expand our impacL uplift even more families, and create lasting. meaningful change. 11 Ic AST AFRICA TANZANIA GYTF ANNUAL REPORT 2024 PAGE: 22 60REEB . YATEEM TRUST FUND rtr FOOOPACK WHi£iciIA IR QiM8AI41 GYTF ANNUAL REPORT 2024 PAGE: 23 60REEB YATEEM TRUST FUFID EDUCATION PROJECT Education is one of the m05t [￿WerfUl t(x)Is ft>r b￿kIng the rytle of tfftrty arxl transforming lives. In many pcor countries xcess to quality education remains a rf￿tsnt dream for mi11KK￿ of children, depriving them of O￿￿u￿1knes for3 ￿ghter luture. Withwt education. entire Eenerations are left Vulnerab￿ to hardship. leM￿0VrnenL and exploitstion, trapping them in a cycle of ryJverty that is difficult to escape. Education is a fvndamentsl human right and ensuring that y child has access to it is rK)t just an investment in their future but in the future of humanity. With twr education. we can break the chains of poverty, uplift comffrtJnitie& and create a world where every child has the Op￿rtUnIty to thrive. 2024 Over £103K Spent Over £IM Spent SO FAR FUTURE To provKJe them with better educatio GYTF ANNUAL REPORT 2024 PAGE: 24 GOREEB YATEEM TRUST FUFID (LURBANI IKII) ol the or Z a¢(wnts •ccryd vnlh ffecoros K(wnts do cw*y wilh Jpphcable repMir¢ requirernerts sIKxdd be in tlws re￿)rt in to eTrJtle a of the a(C￿ntS to be ￿thed. Iqb￿ (h¢wth￿ry SC 16 H¥h Mdbrrfn WCJV6BX Dale- 1411012025 GYTF ANNUAL REPORT 2024 PAGE: 26 60REEB . YATEEM TRUST FUFID STATEIIENT OF Fl PlaJ4CI*L ACTivrrEs Tgtsl lfrde*trkn•d Re91￿cle￿ 2024 Tolal 2023 IMCO*Mts ftE8(#AC 575.123 6J7.471 49.972 .38$ 19.61 49.972 112.320 S7S.123 681.413 13.4 11.514 17,081 .092 82.587 105.616 614.458 42.826 43.318 651.423 ai3.513 n2.*3 Ilei Swpkts y 70￿ (76.3 16.070} FwMI& a * 1 J*Mwy a)24 58.146 85.636 143.782 135.687 3741 19.574 78.910 137,712 143.732 GYTF ANNUAL REPORT 2024 PAGE: 27 60REEB . YATEEM TRUST FUFID STATE¥ENT OF FINAIKI•L POSryI£¥I T¢iai 2024 2023 Ax¢d Ass¢ty: 51.616 87.1x6 128.712 79.610 65.1r2 144.782 137.712 143.74t 137.712 143.742 58.146 78.91Q Titsl Fffids 137.712 143.782 21)25. the 8owd GYTF ANNUAL REPORT 2024 PAGE: 28 60REEB . YATEEM TRUST FUFID STATEMENT ￿ ChSHFLOIYS (6.070) 21.891 19.3 21.èbl 193•)1 6&172 74 87. 65.1 T2 172 87.C68 65.IF2 GYTF ANNUAL REPORT 2024 PAGE: 29 60REEB . YATEEM TRUST FUFID NOTES TO ThE FINAPKIAL STATEMElff S l.? *rrfr•e: GYTF ANNUAL REPORT 2024 PAGE: 30 60REEB . YATEEM TRUST FUFID NOTES TO ThE FINAPKIAL STATEMElff S 2Q2) 14.9 23.W 23.882 43.259 43.IY)3 1.514 127.916 12.W2 12.432 128.wt 151.416 120.271 24.886 7è.61 With BlJ*8t I.(￿1 115.615 24.$95 105.615 24. 8.W7 93.291 93291 185.55• 185.559 ¢6.134 e6,134 22.7 49.972 49,972 112.320 575.1 r3 ffi7 443 2023 11.5 S9.￿ 70,828 3.641 2.19) GYTF ANNUAL REPORT 2024 PAGE: 31 60REEB . YATEEM TRUST FUFID NOTES TO ThE FINAPKIAL STATEMElff S 2023 11.514 11.514 .0￿ $87.608 644.458 5 Co 2923 9,0llJ 8.745 SWI ¢¢￿* 6.018 2.727 10.425 1.41Z 75& 6.381 39.941 12. 26.237 4.772 4.T72 42.826 1g1.*XI 41.Q¥J 651.423 693.513 6 F￿4 As5•1 2*7 1.013 2>7 1.013 2J67 1.013 GYTF ANNUAL REPORT 2024 PAGE: 32 60REEB . YATEEM TRUST FUFID NOTES TO ThE FINAPKIAL STATEMElff S 7 O¢blw•: (Ky 4