CHARITY REGISTRATION NUMBER: 1129501 The Zahra Trust Trustees, Report and Financial Statements For the year ended 31 March 2024
The zahrnTTht Contents Ytar ended 31 March 2024
ii ependent •udltrfs r•ptyttothenb¢ 12-14 el1w$eOt ststemi of elsh IkyA 17 Notes tothAMKl•lstements 18-27
The Zahrd Trust Trust. Annual Report Oncorpornlng th• Dlmctorf8 ROpW¥fts Year ended 31 March 2024 Thq tSte4 who ve flso tfrecthts ofthe ch•rly frythe purpose5 ofcoThwany present ttr rwt ind rinwtcialstat•mBnts oftscharityftttro period fTOrn l 4119 2023 to 3) Mwch 2024. The fiThanoal Statements ha¥q been preparad In acc¢xdan¢e wjlth thE Cornynie5 P&2W6. fJwitiesAct 201L the dotum•nts Ind th8 provisbmof thestaternerf rfRewwnended Ptl ISOIIPI'Attountlngand Reporify by tharr(l., appllcabk to tharftbe5 prepark thelr •cr¢YdwKe the Rnamlal Reptyttffj •pplk•bh In the UK and RepIOf Irdand IFPS102 EdTrare 4v Jlr•za AspwJ•ff•r All Mas3ouml FaIAlke Iluh•rn IIy51AJc LLP 10 teen knei Plp&• london EC4R LE87 2BB P•)und•ry ECIM 6HR
Tho Zahra Trust Year ended 31 Pknrch 2024 Thè Zahra Trust (the Ch¥WI 15 a la1th4 trterftor41 r•lkfand tharlty. &nc• its IncOn In 2tY)9.the Chatlty has been dedi¢atedto ¥le4kUn8 h•rdshtP5 enthred bythD5e In need. r¥IOn ¢5 to ha¥• ment The Charlty b reÈlstered lth theCharltyCmmts5kn kywand we reB15trotlon nurnb•r 1129501.The Trnrt Is also 4 fimlted cryrwry. lth¥ted lry 8uuante4 bs defined by the CtyThpBnl85 Act 2006 and tJrefiMe lswfflrdFed trJfltsArUdesand MenjrnofASs thelatterh•vlnulJe8n Thnd•d In Mirth Three$ 4re Cho b•¥ed on thetrabwtgrnw tthty thl$selertk proce4 the quw ft¢atk)ns. éxpÈrtls¢ Ind skHlsof e•th wospeth tntytee revleYd, a5 Is thulr FThFou5 ew•rfwc• In communStyor¢h•rtt•ble wiTnÈsteesweappL4rrtedtlwh• r•sdutknn p•sMI byth•St1rytrUs¢ee$. Prtor to a trustee belng appolnted are wTrAded wlth the Iws e•nmln8 th• k•t•Jt L the Ch¥lty a5 weu as the Ilnktothe I•rItyCOMml1th'$1ydafice Ih• Eswl•l TNst•é. On(• • rt•w iru%t•• After trdr ipp0lntmt, new trujteei are Intr0th to thdr rel¥rbI1ts and prryAd•d wlth cople¥ gf th• hth•app%UnI to obwv• and coll•born• wlth Curnrt twsttts. b•nefttknifrom thelr exton1 o¥p•rl•nc•. P¢MtJondty. tnAt•w v• h4p th•m Urry tyjt thelr roles effectfvth. The overall c¢trOl and ffN•n•pn•rtdth• Chwy tAIth th•t[wt fhD srn uthe key mwn4fftnt p•rsonnel ind do not rt(•fve iny Munerntkn orlknndd b•n•lk&Th• tNStW5 ryul•thto rnake dectslons operatlrytoUecd¥dytoo¥eryee 8¥ •wcts o(thetharfV$ m•N8•Mnt •nd ttl¥ltl•s. Th• Charftywrnles wlth all r•t4¥rt statthy ro8ulotkns the t1 PMtecdM •nd the Ch•rlths Att.Th• chailty FJ rWlrndtthEAdrIw1e14nd •nd•vMM5 tokn•to th•liwndards of fundiaS511 pealslclmp MAJor l)orMYW Corp<nt• Dkect Mall The ¢onUnued our donors h•$ tontrlbuted to the thariivs suc¥ In cwnp•l8ns throughour the year. enBbllng us to ext s4VPOrtto4 W numberdbenefi¢l¥s th•n In yewrs. Cmplalnts h•ndTh Any recelved corn01[ addrnssed the Crynpljlrrt Polky arf If aPp1knb report to the ndraIsIn8 Re8ul•tor. TheCh¥lty15¢MtywthhFkn[ed kn FKA•thatthENm nDcompl•ints raimd In current or precedin¥ ye¥.
The Zahra Trust
Trust•08' Annual Report Onc(xpornfjng the Dlrecti>ts Rapoffj(canM
Year endad 31 March 2024
Th•Tru5teqsovorsee and Impkn&Y0lMtyt<ontyolspt(t5tOrl5SK1o0IIare•soIthech•rtty's
oper*i¢rt Theyproxtr¥th manaythese riskstosth8uard the
The Zahra Trust TntIes, Annual Report ¢hKorythng tho Dlractofs Rep1){¢+I Year ended 31 March 2024 The Charlty has krternal pjlkbts Plde to kkntify p¢¢wilal ctyfflktsoflrtere5t and. of opqr•tions. The renavattonof the Ch¥ii(s Pmpffjfhas nowbeM complthl aThlthetrustoe5 lIn$t th•t •ssetwJU be 5uty¥tto rezular Iwectton Ind1 mlnt&)wts IrWhreDece5SIry. Asthe property [5 subje¢tto • mort84e. thetnjstees erffjurethatthewm50fthe vIl0?rpqed with ond k•pt under revinv. The Chartty relle5 Imnwrnfulforthe ynerfof Its don0 ITh luffill it5 obJqctbM5. Due to the klndne5s and supportof Indl¥Wutrthwyh•s seen steadyiro¥&th In lth Its d1>1K ba58 and Inco However. Ihe Uncertalntysum)wdlfiJrtr¥(ern1s •n espedal1 kn thecurrqntdknth.To tohwe delfvered posltt¥e f•suIt& The Charlty depend5 tt nkIng sy#em to delK atd lor t)trr •sslstsr>ce Jr• Id•ntffled •nd opprowknterntt#lon ¥ ten. Obl•dhM•nd •1 For the benefft ot lh• publk8vmtyand tolthmthe fthrnlc reWI the C19 fflfv obj tfves •re •5 f10$. Th• obJ¢cisolih•Lth¥ityarn.lorth•pL btylrt l•lthe •d¥wom•ntQlth•fathd rnnWouiprKWc•$ ol lthm and Ibl the relef of po%ty. In p•rtlcul•r •nKv4thNe thttted by n•twal thMst•rs or bywar•nd otherconfikL Imed trr. I) th• t•xhlr¢ Ind 11111 the rKgvlsfon ofnthl and flnwKlJl •sslrt¥w Il¥) th• promodon ¢f Int•rre¥ +Xa(yJ•tlthoth•rf•hi •nd tr4dltl $linMkart4¢11¥111•s The Charity uftderwok • dhn• 01 •al¥thi to •thAnc• Its thwlth obJectr•W. Th• trust bdlw¢th4t ouVtne41 b¢fv. hrnbwn beneffdaftots publkbmh In the coft munSty and on 4 b•l x41•. tts dwltsbl• purpo$4 th• Owlty h•5 undwt•k•n ih• fol. alTh•adv•rK•mthttalukK•don by In4. •%lstwto schoo15 MTMI115 th• provlslon ol xhool unrfomks •nd st•lh)n•ry to thldm. Th• th•bfjty h•5 •l%o mrfd•d fvnds frK th• dlH•mln•tlon OF blThe preventlonolrellefof FThertybyffidl hrteraU45ubs15tthcespon5wpt0oryhanedd1TetoQd pavcq15 and hot ftl and rfLtthbuknto iYtpooffjhed farnfie& The Owrliy•lso•th f•cilthirrtd- k¥1 assIrtoth¢ whocarwtafford rnedkal¢are as wel •5 flfwv1ngtreatrn cl Qrtrse•$ aW•m•ryw rnW-th• thaiy pff141d•s forf Mot•r. methcal and •sMntia supplks x Mll as
The Zahrd Trust
Tnwt¢es' Annual Rwt Oncorporathw tho Dlr•ctof8 R•port)(fwthu•
Yoar onded 31 March 2024
tnporary shelter to (omnvJnilie5 affetted by thvthquake5. Ikxxls aNI dl$95tern Vllth neroUS d8.
ns. the Charfty has been le to the constrtI of water wtms In rel ¥¢a5 •5 well w4t
Illtratlon gMmswhtrethe d)WfQr ckn •nd s•fe w•terls¢roiL
dlTht thantawt offeW by supptrfll rellknts Insfftuknto cttrrnÉrate relWous otcaskn)slorthe
beffi of th• cotYThth thlth Inthde
The Zahra Trust Yoar ended 31 Plarch 2024 IrKlude meot kn thdrre8ulardleL Thechiiitythosupptytsthe wy•nd vulnwable lrypro¥idwryQuthrds (Th trttyous m&qtl durfn8 Ebd tothu5e iti need in Iw pakk•d Af8knOstaffj tlfamNle$tth IlnOte41 or The tharlryfjs aUlPlIed bypromlnwrts¢Wats to rhx5¢)bVWlorts. Vmbkn the 151amlc fatth. It ts o Iiwory for IndlAdualsto contrllxrte rd19 due5 like Zakat arml Khums •s wea as reconYrided sh a5 5aiaqa. The Charty x(epts these from thnors •nd 4ltttatesihemto the 3ppolnted rellou5 h stkutlons responsl•for(allQ£tW fwKlkThtsefL•)ds¥ then thr1 tward5 tharftAt efforts tos PLWt th9 niody and knpo¥tr15W, asto prom0ttthelhll$o1ls1aM wrsuartt totheoblectwesoft Charlty. Wldow Ald ID thi wmmunltl•s trtty0peratQ4 In(l¥hIL In femal+head hrehOlth face hhthned vu ner•bllty. Wldows. th p•rtlcubr V4pTh4th thedfftultyof se£udry • 5U5talnable Inrometo prodfOrthe1r thlldren. MeThhlle. wphans then flnd them5el¥es susceptlble to 4bu5e andforr•d l•bLwJr. robblnsthEm of i pmptr chifdhoLwI. trAldren lyom dls•dtht•d n¢tyJnt•r to fonn•l education, lIntIr thelr chantisforsucceu •nd PWP•lU•¢lngihe ththoenwttlw. B•¥ond femh•4ded hosjseholds. ¥ulnw•blelamllies fKe addlthwlth4s thA tt•thelr th14uedrtvmst•nces. •ndthe Chwlty commlttedits Id•rtn8 ind •tslsVrfth¢setart41lek A¢rw •ll tts prW% the p¥ 4 prknltyon yphw f•rnllo. thlwrkni th Stru88llni oftqn 81p wkh th (haluy of fly thqlr Iw)WEhDlds wlth Ilmlttd mean& The burden ol kYkrklsln8 bask net•ssiilty such Is shthtr. d. me(kal ure. dothlw str$. and dean drInr w•ttr, Can be o¥er4thelmln8. Ihrwhout yr. the th¥lty tsrtended Ilrwclal yiport to Pde food The tharlty provldes forpJsenllJl r(essil4 •$ fLwd and c19th1 toryph•ns In vwlov5 re8lwJ. Offerlw v1ts1 suprt to Orphans Is an ¥tt of c(ry0$51cffj. offerfn8 both phy rdkf to tkns• rnfeel wferted Of alone. In dd. the Charltyllrnstoprryddeto 0115.n ¢lotl sw, adoptlni8 coTrwrehenJKY WWDthto enswethe wel415nd IKothkneffts ofthe 5Uppryt. Thu Charlty has In onKokn8 CLMiftrnenttosxynlsb¥thEnpw¢rnN&thrui theywthttithtoieth •n$ and wldo4 be ffee The e•therfn8s 8% OC¢tston$ to lebrate rellwo events. fosterfng $plrrtual debykyment fwhllepro¥lthnea pfakn fty•tternleutoforn mean1r1 frfendshlps wlth Otherywhoshare$lmUvlleexperkn5.0uIJ1mI$¢0U¢att)JypP01b¥tenykOTrtth4t helpsallevlate loTrellne5$4nd pJKour•ge5 open 4nKryPWtklprts. AddWwThy. these ¢rtS$¢rJ9 viluoble opportunltle5 for staff to a55e55 lebY15 4nd identfy ThMlfvidua15 wlv bwfrt frorn furthw 511P port. ¢spedèltykn ¢WTthm•ntsl •<ont•rf Elevin8 In+%**u¥ls conThr4tles frrthm powty Pdryes w the ty•nrform•U¥e pwofeduc4tlon and sklN developnxnt. Edltkn n0tonlyempos kn(IMdua15 dkthlxrt alsornllètes Imp•ttacf05sf8m Ill•s and torMlunlts. due to KXMrtyand adv¥s• ttrttonstances cwrttless chndven flnd them PortUtIe
The Zahra Trust Yr erKled 31 March 2024 The (JMrlty15dedkd totadHtstts¥eduotlot)frtth dltsn and 81rsthT0lh vathxts Initi•tfve5. rnn8lng ffforn construrtln¢ refurbtshhy 5choo15 to e$settti Je¥niry materfB15. Vlth & spedfic fotU5 on wldOw5andvukblèdIMdrL wèsrrntto PthIOItyforlhOSefadnIQ1tsth1n •cc5Sing eth¢atJon. In the CTh•rltyh•s uslst•nts ttssthoo15 kn K¥thlJ atte5s lo they ht otherwlse be uTr•ble to th. that sdwl 1> tAt¥ ty ¢hldrerfs denL th Ch•rlty strlwsto ensureih•¢ thlldrÉn afe nc Impeded inthttr e¢hx¥l1rnev. A5 parr ol our ryln8 de¥el0pW 1nlt1•t we rN)rfwn suth u sm8rt board Furthern. oui Khools wlortttse the tr•lrAwoft•KheJst• •xon¢etMtrtODVrtw knracy equip th•m wtth Inrw•thtexhln8 ffthods. INS approxh •fMos th•t our ¥¢It¢0 ¢4n deltr4 £ompreher4ive ind y4ln8 le¥ffdn8ewJeKe tothe swden lftorderto •dv¥ncethe reliqiw 0fts1. the Charlty pl•Etsy•at 4rnph8515 rdWu5 aLtIkn ThewlrKWe hdthng 4atherfw fty thousonts of lrtth¥kl¥•ls •w•ly, wtl¢utsdy durfrq Inthnt rqlleknus ¢lC£ slons and the rnonth5 01 Ramadarb and MuhBrrarn. In Iraq r4uknr tAts w hdy shrtnes •re f¥Jllt•t•d for or- phened chlldren and those In ne8d. alWAthIrIn tosty(cffineLled tothdrfai¢h andfory borrf15 wlth thdr In the p8stye•r.Ihe Charlty ddhernd rettsis prO¢rne$ tothOuO0flMdWUél5 Kross Its op•r•. kcess todean Mterls•n essemw hwmn rf8ht and c•n Tn thed6fftteKe bets¥e Iff• and de4th. C tsrnlnJtsd vloter. respor4lble fordtseasesllkecholw4 dysentwy, typho5d.and pc40. k•ds1ohwreds oftho sands of deaths noI. Th15 crfs15 dlswwElorwt •ffeas vulnvable populatlons gxh •s chlldren and the ell1er. ThrOutsi thear. thèthwrkyh8s pT8yed 8 pt¥otal roleknfaolttstrqa¢w dt•ter1WrCe& beneffth o¥er hundreds d thtxu8ndJ ol people al contrknlrttng nlllcanlty to alvtlng w•ter-Yel•ted ¢h•llen8ts Watsrwels, pro¥ldtTr4 z .tenn5OUrEetsf deanwater. offtrstsbMkytore51dwtsln remotevSWe5.Tr Ior ttycontrtbjted totheln5ta1bwtlonr1WIb In Paklslan yanttr¥th(Ktswnthof peoplescteutosafewaterfor4rlnk. The harshw4nternnthsc• be• rtrLforthoselthY¥thefesourtestofiftdw•rn)th•nd >tstai•nte.Ahead and e5sentlal fDodsuppIestofalle5.Thss 1nlllathyalGtOen5reththFdu85fIdnBwIffjerhardSb1ps hwe The ChBrltydernN a pwvasheand knpocthil w25ence4thkn thecomrnuwty •¢li¥p•rtl¢ipatlnB • dl¥•rs• •rr•y of •¥•n> Er4•8tni Tfth thous•rth oFt•ndM ow rn155Wm Wa5 resole sn sUPPOrtln8 kxal Inthtfves and proittty NisSn8 on crudal cause% MI r4 for ow Prots. Frtyh contributinB to the ¥ilThbt atrnospkn of th? Muslim Bazar. to strtykalty partkipatmw In FTSday prnprs •t twlng unity. creating3waruSlnd mAwat• Ir¢m bxallThliatsves
The Zahra Trust
Year ended 31 fdarch 2024
Ihe Zahrd TnJStlocusesik1w11Wtaltyadth¢S%1n ordertynet needThese hKluJe humjnknrfan
ond I11h0od prohd& l•ffthSubsrArthl)Inaial r85•rv•¥theTYust )SIrledtocOnttTrjè1ts sUPPOrt In
thecomin8year• aimu)Btrl¥tk¥thawforth•aThmwltsu arrfl IndF4hhAbTASUPPOTL
Th• prfmary Income stre•ms forthe Chlty wl8ln&te fvDm thetollectlon ofdonorns 4rMI rdW¢w5 dues from
the 8eneral publk. Curwty. th• Chwlty does not any tth Intentk4) of seratI
Into. The total funds generat 14 th• th¥ity. exdutung tmen( th• shop aThl Intsre5t Irwe.
muunted to £3A09.762 durlnll the y•u12023: £4A12AII. revknue tas rtharltry sourced fr¢)m the co
led[VfdQna1h>n5 forvarhxschafftabltpurposeswidthald re¢&4ed from HMRC VAth ourco
lknued processof strerwhenrytntemal •nde¥temalwkw¥thxindpYofu¥M&fknt,wehwe be•n SLXC
filly increasedouf roctalmablt pttcenwe Qf£fftd by2 t0mla$tYoTh Owdor10n1.
Trtal re51>urcts tNwded durtnethe ye•rYs £3J24ts1611023: £5.ffl0.724k Thls E3.IIL757 (2023:
£4.866,6791 expe fty grant payabl•s oth•r thlrflthle SlrKe l•st year we spent our entir
pendlw tharftable ¢Ypendltures of earfltr pkrt dww•s • deueK• af ELTJ7 mlllkn In th¢ y¢•I5
expendttures Js cornparedtola5tyw. Funds bale •ttbey•rnd r•iresentsdoD•tIO Ye¢thd In L•st cou"
pledmonths 0fthet1ryyE9r. andareyett0btdnfidfj.
Tlnds1edfo1djtth•thloIttye¥W£ls0l.6lo(2O23: £U23.8911.EL9TI560oftheomrrt
ye4rfurd b414nce rewesents the wir•51rf#edfithd. and£ 529.050 represents nrted fund b•l•nc•.
tmtlll un¢•rt•lTrtf•s Ill the lutur
ID developlng re pw. the trustee5 hwe Ident4 ¥whxs rq5trkled •5 Outlined Mi the 5t•t•v
ment of FlnaK441 Acli¥l¥u (SOFA) INI r¥Jt85 to th• K
The Zahra Trust Truglaes. Annual R•port onc0ryath th• Dlrnctots R•portl(wAMr•• Year ended 31 Pknrch 2024 The twUSt 41so¥cikn8 as dtreLws forthe purpoxofcLryany I¥A7. btar the le4$1blty tfUStets' report financlal 5taternents In corryN•n¢e fArfth appkable Urfttd St•nd•rd5 Iunlted NJn8dom Gene£ted AccgJunt Prthk 8nd fair ¥lew4 of the dwitsble c(mpany's stste of deta11 kKomlnB re50ur£o5 and appllcjtkn of the y(Kess ofpYep•rirfthefini•5sM•thetru51ee5•r•oWIA•t•dtsK Select apprOWwt•4anIMw pcltcle5 and consl%tanttyapptythonL ISORPI. • Exerti5e ms•ble prUdentNm1t in Maki a11)e¥llrnte • Explidttystotewhethw•plKabJe UKAccoLmtln8Stwdvd5 hmbeenfolhyrt wyfft•rf•l daparturng d15dosed ond e¥plawd in thefWWkn1 ststeffonts. • Prepare the fJnancio1 ststenwts M the bm k is in•pkvowl•te to Pu th•t th• ¢hiritywiU ¢¢rt¢nu¢ in businem. 5tffle and eluud•te the Chartvs These must dlsdos¢ k¥lth reaMabk accuraty * any lim4 the flft¥lldal of the chwrty, wabll the trustees io ethsu c•ffwkn•n¢e ihe CompsnbE5 Art 2006. Addttlon¥ly. the trustees ore resp(Ytshle f(K $afW¥d the ¢h8ritVs wets and take leDIble Eatholi pM50n5kn b54 Iwusteattld•trofapprtV41ofthis rtPL•taNrflmts thoL' thty havt t•k•n Ill steps that thty ou8M b) tsk•n as • tnJrtee me thensel¥es wmre ol ar relthant audlt Infornww>n and to est•btsh thatthethar1tvsaI[v L8w•reof th•t infomatlon. In prepthn8 thls r•port, th• Tft b•ve tsk•n •d¥anta8• 01 th• small ColrAt$ oxemmlons wovld•d All M•$ Twusttt Dat•.' 11 D•c•mber 21n4 11
The Zahra Trust Independent Audltof8 ryrtto thfr fdembgrn of Tlw Zahra Tnmt Year ended 31 March 2024 We h8¥eaudiied st#•nrsofTheZaTrustfortheywendEd 31 2024whkh com- prisethestatementol An•nthIALtr4 the B3knre e¢theC8sh FtowSMennt and the Tele not tothe hnondil staternty asUrfm0IsnIftCantarc0Ufitil¥ pofKle& Theflnan¢ial repDrtinB frarneworkthat ha5 bew OpIe th theirprepwm is ble law8nd Unltad WomAc¢ountln8 Stan ¥ds. Intludty Fn&ndal Wn8 Stsndwd 102 ThenlI1 IwikngSland¥dappUcle UKarnl Rtr oflreland Ivnlted WdomfwaltyAcceptedkawrity Pntlk 8fvea trueerr¥Woftsx•the&wu•blecWvSllsu•tyl Mrth 2024and ofthe thwlt4blewfflp•rfs netrn0¥W lrnludkthe ITrean empdI trtheyearth•n We condurt4d ouriwllt In ataJnlaMof•Ath hrtqmiiithMI knd•rds on ILIK) INS (UK)) and applkabl¢ l•w. Qjr resN)nslbllltles 1¢1 ih050st•nd•rds •r nrdes1bed In theAudltorfs rewnslbllltkn5 forthe wdlt oftn0[l 5tatern stttknofwrrtwt We•re hNlep¢rthitdthgcharltyln 8ECOTdanE•lth tha othlc41 r•qutr•ThYtsth•t r•l¥•ntto¢ •udltLrfthe st•t•ments Inthe In¢ludln8ihe FRCS Ethlcal Stdd. wehave fvifiiedourotherethkal r¢5pMsfylltilesln accord•rtt wlth theje requlr Ints. Wé b•lle¥eth•tth• •Jth 8%4d•nc• w• h•v• otrrt•k•JknwfPthrt•nd•pywl•tt¢ bblar ouroplnth. In aUd5dthe11n•ftJ•J gatttnlnts, we hCOndudedthttthttrUwrf bosli of fiY In th¢ prep•ratkn oftheflnwKl•1st•tentrls approwl& 81s•d on the workw• hfft p•rfomrfwt h•rtnrtldenthkd •rry mK¥l41 uncert41ntJes rel)11 to events tx condltlofothrt IndbAdujltyorIeC1[¥1 (¥5¢ 5n#lcJnt drtonttK Evwltharlt•ble companvfs •bll. Sty to ntInue u •WwcixKwnfor ?pwWof•tla5tts•lvt mtrthfmm tthi the Ih7•ncl•lst•i8m•nts tn aredtscrfd In th• •¥&7t$¢tofiS dth15 oih•rlnformloft Thetrustee5 are Townilblof(th• 0thwkfftm1On.ThÈott1Th1m•kn cOmprithelnfQrnQTh In. dud•d in theTrust•6< Aeport roPlnk sttht¢ffts th>os notCfhwth•oth•r Inforni•don and. excepttotheextrt otheThAs••xpldity stated th our rep(rtdg rM>t ¢xpfe558nyfarm of 15suranc• condwlrn ihgre(rfTr. In c4nnE¢tkn tw6th ow Jvdtt ofthefin8I stem•ity tyyvwlbjffty tsts)fe•dther h)fonTrJttoD and, doln¢ $0, tor&id•r¥th•thertheithr knfrmth15 rn•tethllyincon5iAwt wkh the finarKlal 5tstemvnt5 or ourkn¢Med01>bt4d In the Jppe•rsw be nWtrrl8 thrated. ff we Idertffysuch mit al In¢onststen¢les w Jppwfnt materfal wè n rendt0d•I1IMn•Vthetherth0l•I5 • mb- t•rf41 mlssiatiuiiert IntheflngrKW #4tennts or a rnaterfal 55mentrfthe otherlnforrn•tson. ¥. bed we are roqulred to rtwt th•th¢L Wt h•¥e n¢Ahh¥to reportln ihvs regard. ouropiftlon. b•s•d1YxIertth tnthe(outseLlthè•fft. 12
The Zahra Trust
Independent Audltofs 1•pt tr• tho Ilamborn of Th• Zahra Tnt
Year onded 31 March 2024
thE irrfDrmath)n 8fven kn the TnMte& Iwhhth Indth th• dlr•ctrg prepw¢d for the
purpoJesof¢ompony l•wlftthefirwKknI)wrfry whlch thefinafitial siateMentsarewwrls con-
pNc•ble le841 requlrnmtn
In the Mlht ofthe krx>wfedge and underswdlry
The Zahra Trust Ind•p8ndent Auditorf8 rnport to tho Ilwb•rs of Th• Zahra Trust Year ended 31 hlarch 2024 We e4aluatd m•n•pn&s kn(eMS and opprylunttte5 ft fr•thlqnt m•nipul•thTh of the firthI 4t•mettts Ilndudhthe of<)¥erride rA ¢(oll and dmIn th• wlncwal risks were related to an wfjth law5 and Te8ulJkn•ndhul" fdentlfyln8andtelourn In Ptlar1mIl•le% pgsted Trth unusuèl arctyJrAcorrtrfn•tkw, postln8s ty unwual or4th Challensln8wymffi 1ments made by rr•nKerwrt Inthdrcrldcal aCnge$llrn0les Bvau5eof thtlnh•rent lknlt•tknn3of•n •wllL there154 115kth1t7ll rdetect al Srwtsrltle4 kKJdln8 thom l••dln& to a m•terf31 m5ssiatWMnt inthe stwnerbts rewlBtlon. ThIB rlsklrKfeas•sthe nire thttcoTrWlpnc•wlth a law ts rnmty•d frryn theevents and trans•ttlons reffected In the flnarthl st8tn•rt% K we be lessukety to beLomMreOitrv<e5 of nonrnpllinc Th• rfsk ts glsoye8t8rwafdlnB lffe6ul1t$UthduQtofiI1 rtsth•nnty. Ln¥olw lrten dlrorfs reporL UM ol•wrrepw¢ Thls report Is ffl wkntytothq dltthcorywvls Mub&s1. kn ac£old•r1tb th•pt•r3of P•rt 16ofthe Cmp•nleskt 2fy)6. Ouriudftvrtwk h•$ bew ert•ken sothatwe nWJtste tothech•rSts. ble cornp•nVs membws th05t m•ttets we requlrnl tostrte totharn kn in Aud1$ report and for Doothw purpow. fo th•fullost•xteM pernkn•d l•w. tAtS)ThitKfop¢ tylswme rnSptytslryt0 •ThrIe other than the ¢TOble company wKlthechMknblE(uryrfs fortsurd1tknrt forthts rtr Ad•m M8tsey nltySf•lUt•ryAudltw) 18 Dec 2024
The Zahrn Trust StatWbi•nt ol Flnancial Activiixs (Includlng Income and expendllur• account) Yaar ended 31 Mah 2024 Donaiion5 and loead Tf•dlra¢tMties IAvestm¢ntlrtty other Income Tot Income L395396 1414366 3W,762 75a97 78397 4AI1621 41.135 L48IW 1411366 3.901235 4856,921 Expendlture on R•tstr¢lunds Chirhabl•acthftl•8 352281 3ts5U14 19A21 3.924516 3.SW14 52ll380 Cost of twadlrwwK 37L702 355U14 5ffj90.n4 Netlnw L116.167 (LI38Al 1212811 11233,8031 53I2S8 57YX (4211) Re¢orKlll•tlonof fvnds Tr1 fvnds Wlomrd ¥3941 L129240 1523A91 3.757.694 Tot•1 fundsurrl fwwd 529mQ I610 U23. Th•Stit•m?ntoffiThKlal •ll• •nd losms r•¢wls In tt)r. All Income •ndexpenthure 11nl a(thftt Therthson pow 18to27forrn pJrti*ttwfinwM9•1 swem•its
The Zahra Tnt Balance Sheot Company number 06842695 Y•ar ended 31 March 2024 Fixed Èts Tan8iblefixed astS 14 L4nA59 13BOS65 Ojrrent as54ts Shopstock Debtors Cash at bankand In h•nd 16 $4171 5A 155L099 17 v••r 53.765 N•tcunAt ax•ts U02,075 U70 th•Tr•n• 3S8,749 1523,891 Funds•fth•tt•rlty R•Jtrkted fsjnds Unf•nri#•d funds $29MO LW.240 L394,651 T•t•l¢fvwyfirnd5 1501.610 2,523,891 Thes¢llnan(IBI statanEMS w•r•apw04J bythe bo•rd I5w?and 4rrst8Mdon bvhalfofih• bowTd bv: Trustee Dat&. 11 Derysrther2024 The notes¢n pa8e 18 to27formwt ofth¢sefinrth151•terywts 16
Tho Zahra Tru8t Statement of Cash Flows Year andod 31 Pthrch 2024 pr(lded Ilusedl (w•thii 01 IL147.708} •nk Int•r•ttfece 16.626 3.165 I5ft(On of fixed a55 Repayment of loniterffl roan N•1 luw) lftfa•ndn81¢&1 1114.9941 I24•) 1513 19.9271 I5338) {5219rn Chiry Incash •ndcMh ¢qUhents knth• reptytlry per 14x7051 IL66721) sh and ¢•sh ¢qyl¥•lthts•tthe b4lrtr ning ¢1 the peiiod C•sh and c15h •quIlIn4ttt¢ndoE L55L059 3318MO iJ5¥099 rno¥•ment Infur Depreclathntharges etteel(lncrt¥1¢I IA StrKk [l•rySe/ Iln¢re•sel kn dett I[e8$I In credlto Bank irrterestrecel4d 1212811 24.1 Ill9 148,7521 1&6631 116.6261 170m31 11333W31 1575 14.n81 13.1651 IL147,7081 Cash iJ)92394 1.551,099 394 I55L099 Tot•1 c•sh 8nd (ash equbAknts 17
The Zahra Trust Note8 to the Finan¢lal 8tatem Year ended 31 Mar¢h 2024 L Ac¢wntln8 Polkl Ilecommended PraCtI"A(CoUntwd Reytkng byChftitt(Se¢¢r Edtkn eff¥tl% l TrUY 20r appkableto charhles plen8t3cunts in accordan1th the FJnwKJvl Stsndard apKable inthgUK •nd Republlc of Ireland IFAS 102L effe(Ihe Ijanry 2019: 4nd theC0rys Art21106. The Charity meetsth•d•finition of • publlc benefft entlty ufiderFRS 102. Thèfftn8fidl stst•i)ents •re Wepar1 rourKled totho 51 P¢•Jnd In vle ofthe fin141 perfryfflan tht r•sotwts posthn asatthe b¥heet the ofTru5tee5 • feasonable e¥ptctst5on thatTh•Zahr•TntstTAI hthe reswrcestocoTrtlnue In¢Jperatlonal ex15terKe fortheforeSeblè Ire. The Trustees no yethIn11¢5thatcall knto doubl ourabllltyto contlnue •sa adn8u)ncerr Theannualfflnondal statements Iw¥e theRltye been wepwedon the ba5tsthatthetharfty b a8oln8corttm. The ywthe hasseeAan Incrwnent lfft the tyipl¢d thtdthbpnttof•comprthethfundr•151n8str•te8y. In¢omn¢t Yr. I Incl1$ rewnlzedryKeth¢ch¥Ky hasthrt1tt•1otsrt Itkwbabkthat Inc(•Mwll Indthe&)Kt of IrKryrreCehab1en bfjna5ud rdlty. ¥e#mtIn£¢rt Is4K(thf0rkn trSt#omerrtofHnand4kn•SE5 hithe pethdln lththeclhirlty15en¥dedto rece1. U•bllltlw •r• r•coanlzed •d[tUr x 0th• ls• 1•yl¢xawMtrQbuYIkn r(#nrnttUnKtheth•rftytothe Pendur1. Exp•ndltur• L8•¢countedforon •n •ccruDI htseen cla55ffied under headlnpthtt awwte ull tosts rd•t•d tothe c•t•eory. Wher•a>>ts c•nrw)t dredtyaltrflmrted to partkultrh¥dnN Ihtyhm be L0£t•d tts•ctlvltl•i • b•sls¢onthnt wlth lhysotrés¢r£e& Grnnts arèth•ryed In ther nth•offerts conv4yed toth• rrflwent. Grnnts s)ffwed subl•tt to Vthlth hwthit been mrf tht•arn not•d •s 4MMItntbut not a¢cw¢d •s•xp•ndlture. Go¥emance Costs Includethose(rJAS usoClrt whh Ththe and$MutY requlrements ofthe ch¥rlty, nd Indude fts•udlt fees and(A1¢o$ts Ilr&ed tostrat mJTh8ymentof the dwlty.These4realbcated In Ilne wlth other sw)p¢rt costs. D•pr¥laii¢Jn15 prnVId atth•fola¥•nfiu•lrnt•slnordertoYRt•ff eKhxsetty4wltse51kn#ed usthl Ih. ulldln40nfreeld PTK¥Pty Hxturesarylffttlry Pl•nt and mathNMry
The Zahra Tru8t Nots8 to the Flnanclal Stat•m•nts Year ended 31 March 2024 Fund •¢rouYrtl UTrre5trkted IJ5 can beell In 4Ccordan1hthe(ha1I1t0bIed¥ttattht dlstfekn Restrkted fund5 only be used for p¥lfcul¥re5trb2ed wrwseswttNn theobpttsof th* dwrtty. ResrrfLthns arlseen specrfied bythe doncv or¥Tr ful$ e ratsed for ptttltularrÈArfcted PUOse5. Deslsnated fund areth0Sefvr ¥thl¢h h• been deslpiated bydTn4thesforspxTr mwp(¥eswJihln th•oblocls ofthe th¥ty. Further eWin•tkn ofthe purp05eofeath ts IrKJwled knthetthstothe n(la1 ststewnt the Ststementof FbwncthlAalvRlestnthe ttlchthy rd•te. Ba51cftTr•nclal IruMe[are thhlaltrrfvELryntsed tr•wcUon ¥4uE and yjbsequentty rne0d o)5t tt exc•ptlon of lTwESTNthh orehekl •tf•trwlue. Ftn•Kld •ssets Irw •t•rIrtISed ttotcorngthLJ5h * bDnk and ITh hand. etherwlthtr8de andothvdekn? Aspedfic m•defordel)tstrwhlth fe0y1)lI In doubL Cash at bankaNJ hnd ts dthned w auwh hekj hi Intht•cws bmk4rrWnts¥ uskns•STArykCJtrL IIDbl¥tfes hejd at Trade and oth¢r debtor5 we rEroythd settlement afttr•nytradedIK4xthtofft. prep¥ntsr¢ valwl Jttheamowrt prtpaw FtdwytThdedlxounts bNkind In Iw CAthat bBfik 4ndcash Inchthiwhindthtt•rni hhtyllqdd Cr•dltorn•r• rncryots•d whweth•¢h¥#yl•s resUryfrThl p•rtrtntth•t ¥AI Innst¢roffvndst¢• thlnl ptrt Ind thè•mtrJrtduetosdrfth Obl¥the sxesthned r¢lW.fJedltors Prov1 o¥¢norm•ty re(08nFzed atthelrsqtUen narteralloty forarrytr1*dthtsdU1. Totslf4mds gA701 44L692 395396 1414.366 3368J)70 I412 3AOg.762 Gfft ald 2,414366 135.564 1810M5 3J76JJOg 4362 L5nJ76 1840.445 4,411621 ftald
The Zahra Trust Note$ to the Financlal 8tsterne Yr erKled 31 March 2024 TradlryKll¥ll nefmm thirft•ble 41,135 128,6251 $5977 T¢rt•l lundi Bwk Int•r•rt r•c•tv4bt• 626 1165 Tatslluftds Oth•r 5rwm• & Cgsts•f rlfil fvMI• C05t of ra151n8fuThts Support (w il Total 205.595 331,485 115,234 449.n9 35V81 7. Expendlfyrn of th•rfbl• •¢thMI•s Grjnt Pble lsee nrt741 Supm Costs ls¢•nof• 81 T<)tsl 1112,757 440m7 864679 345.701 3W2W14 5,211380 20
Tho Zahra Trust Notès to the Financial Slaleme Y•ar endod 31 March 2024 7.• Grants Pwbl• TotalF•mli Ahlultsayt Fowidat ALJallla Chld Hospltal Alulb•yt Found•tt Bllal m[m Mts 57h09 57AOg 399 216m4 79240 314402 79240 654 Bore•l UthtGmbh s&0 In Azzihraa W&Tntst Fouftd• 1285.7ri Jablf Bln Ma1NTntst 1285.777 171&665 69.242 3,711665 69,242 Wali ul L••rnth4 k)Slilut• herMIsc 200N5 125,791 466ffj79 IXl561 3.104.350 89,650 3.112.757 4W,531 a&i41 36,141 Fwd T•ial T+x•I Olftc• runrAn8co#s AdMlnFJtrntlveaS 4418 2S254 4.178 370.760 M347 1th).793 IIS33 Xl1379 14.Z79 16,510 ,ni 403,172 19.039 013 FIn4n¢D3ts Q919 20.756 I75 Tot•1 I416 410m7 S8Q743 I.234 345.701 460335 supp $11 •loc•ted kn Nne4th the byewthaLlhv Nrtlncom• Net Income 555tated afterthaolrf(uth¥¥l Fees poy•bleto *#lbtors {retrfVAT) DeprKiètlon of tanb1efiXed a55ets Iloss)Iy 18,333 24,100 2576 4M34 21
The Zahra Trust Notes to the Flnan¢ial Slatsn Year ended 31 March 2024 243 Le8al fee5 Total 13 24373 22.013 Auditoes remunw•t 33 Th• 10t staff Ind •rnplffj• b•n•ftts forth• rwwwrkxl 4r• 4sfgllowJ: Wages and larI¢S So¢l•l s¢curJty Costs EMPr£OhtrJtsutI0h$t0 Wns 28L775 24542 283,537 27,551 1,893 312,981 310.119 The •¥eri8e h•ad count of diMtr¥theparwas 202> Numberotst•ff io io No emF4oyee recelved empknyee benefftsof more than £,1)01nBthe year12023.' nlll The trustees are the key mana8ement pentywl whoare not rnmuAerated forthelrser4dces tothe tharity. Durlrrf the year, nOTn we¢ohd anyr*munw¥thn12023: Durin8 theyear. noTrustees recetr¥ed any beneftts klnd {2023: none) DurlThd thear. noTru5tee5 recetrded anyrt1rnbws0teXpens{Io23. Therewere r tntstse4 exp&w p3ldforthe rended 31 Mah 3J24trtheyeareThled 31 Marth 2023. 22
The Zahra Trust Notes to the Flnanclal Stalem Year ded 31 March 2024 T•rylbl• Ilwlasxts dso and ral•l At l Aprfl 2023 AddTrtws Trnnslws 547JSg 11157 L404290 9.941 24190 114J91 {624 At 31 M•rth 2024 iL974 37.347 1.519.284 At i Apdl 20 th•r8eforthev At31 March 2024 8238 5.102 10,385 23.725 11498 92 2269 7a71 6.741 24,1 47.825 17.126 At31 Mirth 2024 20,221 L47L459 At 31 Mirth 2023 547 98065 shop sto¢* 1024 Trade debtor5 Prep8yments 233 5.186 54.171 5A19
The Zahra Trust Not•8 to th• Flnanclal 8latomenl8 Ywr ¢ndod 31 March 2024 8•nk loans and mrdr4ts 11192 27.954 21476 Soclal 8qEwILy •Thloth•rt•J•s slon 329 463 765 61428 O•nk lo•rra •ndoKrdrdts 358,749 An 30fth¢ ntwfty¢tloths IsO¥th belw. Atrwnts lau1J•tltn oneyeW dem ANp>Jnts fallln8thiewthn tld fry ArrwntsfaUlnle In morEih•nfiveswrs 27,954 41766 111,818 27.739 146,931 In re5ptsnse to r1s1 Interest f05ts on bank In$ Ind o¥Ydrèts. theTvusteesevJlu)ted the optk>n of early redem tlon and declded to pay off £300.(W durftyd theyear. utlllth8 unrestrtthd fund& Thls acuon has effecvelYredu¢ed th• ¥Mual 1ntereStexpeetO onfrfilth oflts we¥bJu5 le¥l. The loan was ulnally tskqn out on 10 Fe[Yu 2018,wlth •n Wttsl tsrt•rut r•te of 3.SK and the remalnlng terrn ofthe Its 19 12 11 rnth$. There ts a charye by Barday5 B•nk In rtsOfthe prnperty. Thè thifkywkh I1 Iitle8uarant•e tharges by wayofa legal mortmethe propÈity kr as sa Arny H1. &mfield Rd. Edwware, H OAY, Includlng all bulld Th>w orto beerert•d knthe b¥nk on the dernand ty the bank of all the Il•b11ft5es. The amount recogn In Inc¢xM or ewperthire as an expense In rel•til10 defined contrfartkn plans was £1,80212023: £ 1.8931 24
Th• Zahra TTht Note8 to tho Financial Sta1 Year end•d 31 March 2024 Trn+ 31 M•rfi Genwol fuThJ5 FoundatloTh-dtskn•ted fuThl 400.7A9 L487J69 13rn7021 1937.1581 579.798 398,900 L392,762 1394.65) LWA69 137L702) 153&2581 Lgn,5 Tranfr JI Mwth fe 20Z4 QfphanwtdoK poor Khums 324.088 {324J1181 6645 1577.U21 129A2a 149.334 Pll6691 66,1th) {262J671 196,767 75A12 116111 86.448 4912(9 1660.502) 168,293 534363 295S15 1679.2841 95.797 11@9091 18J27 I9)3 157.0681 447027 21WJ3 1453,3851 L129240 1414,366 115518141 538.258 U23A91 3JOi735 13J24.5161 107,33J WASM Educatlon Me8hhcw Relllkws oblWlrffis Effleryrt¢y•nd rdl•f Po¥•tyand hunyr •rn•tbn Syrfp A Yemqn 150,594 68,112 18.638 205,135 529,050 ISOL610 .Trph•ns:ThethatitypYovldestho•M•ntSlndUdfrXmI.lhtQr. Its mynyreknC1h% PlktstsAfSknl•n.$yrfyernlndAIrf(l .Wldows:Thetharltysownsumpsln fflaryrefy•md wovld•sfood,slxIter•r dothln¥towl Kh¥TrTh[sIs?fiublo8Jt{knoI2o To bESPErton PLKY5, neudy.$setGThelunsrn$tITW tdy•nd ¥ulntAbles, wid5peOPle0n relwov55eThryrys¢tG •tthed15cretwrAtr•trustee WASM..Thech•rftywns pmltttsin m•ryrwtyutofywv•ldesal&inin8vM•r. s•11110nd hy8len& DwlnBthe Idu¢•th)nand b•IthC:C(1¥)UiTr&edratl•1 humb1lansuppPrvIded topthfjllm mmunlty in Mlddle EasL merf1 wpportar•wYy•thdtothn0tdylsuftthutr0ffl Rthi4fnwrs. m?dica15UPPOrtindude5medkaldinxslwch are5et up in ¥&Stlre3ccWtorneCarfIQ7[tles ar¢e. Pryertyandthun8eru¥lkatknL'We wo¥lde1Sfetharth%4515tsrKetothepoor8Th1 vulnerabpeoearnund ts th)be. IttrbJude5 pro¥ldkng tets1dIents kn 1mw.wAdneraeflrn1Ittwlthffy)d•nd shektt. •nd ernpowwlngcomffrfFnides tyhdplrrf In ¢arnSw1S¥elthoodand WOland$UpIW$nThl knh)t55e a and YeMen:ToprryhJerdlefdW0Idt0Ihe needyinsyria •)d YemtsL zonesand peopleaffetted from naWTr1(all ¢C•)JTrJnil¢orfaS:dwir*and p05t C4ynfktsufferin85.
Tho Zahra Trust Notes lo th• Flnanclal Statements Year ended 31 March 2024 JIMar rJqnv•l fvnds FoundudM.d•dwed fw L575A79 IJS751 1449.n91 11312A221 400.789 465336 528.526 993.862 IOrflm5 U87JSI 1449,n91 IL784.2961 L594fi51 M•r( re Orphans. thldows. po¢xandwlne Khurns WAS Edu¢itloTh H••tthc•r• 3Y)A98 PJ95A94) 23W96 341ni 609J48 16n2S91 127S.8101 203 {W7381 ltsy(.Ol 129.3Z3 283226 I.182) 16,956 57.255 14352711 378,016 33L532 IL063ml $86,648 550.441 110.7261 1600.0001 9.0 118381 113W21 Emef8•w4nd rew Pov•rty Ind hunyr•ridk•tlofi lo Ald Y*men 5Y.363 314775 447,027 1.714879 2415 311300) L714296 1,129,240 Totsl 1757W 4J4296 15,6610991 2J23,891 Total Fund5 Fw4ts Tanble fixed •55rt5 Currefit ass•ts 7L459 1380,565 623Jn 519.050 1151421 U64,$03 1517651 IX7651 162,4281 .51SI 1685051 (358.7491 1972360 529.050 1501,610 U23,891 ed5t0 lessthan Iyo rxedltor$4re•t•rthan I 26
The Zahra Tnt Noles to the Flnanclal Statém•nt8 Year ended 31 March %ll4 un Funds Funds Funds Tanqlbiefixèd assets L3805ffj 8P).090 435263 IIZ9340 L564J03 3.323A26 1614281 {61428) 167.1461 13547491 1358.7491 13W6761 13Y.651 1,129340 2523.891 3.757.694 Credf(ors iessth•n l yew Crediiof5Vtatorihan l yr The Charlty had nooperatln81étt(tWcullrnknts •t th•r•th On• ofth•irwtwsp•ld thesumol£Y.640 duilMthty••r(2023: £3W) Oth•r At Marth nk arnloverdr At n.C4sh Marth C•sh 3214620 IW.5211 IJSL099 Bank lOB o*rdrwfts 051