GOMPANY REGISTRATION NUMBER.. 0684269) CHARITY REGISTRATION NUMBER: 1129501 The Zahra Trust Trustees, Report and Financial Statements For the yearended 31 March 2025
The Zahra Trust Contents Year ended 31 March 21Y25 Page Trustees, annual report lincorporaling the director's report) 3-18 Independent audilo¢s report to the members 19-21 ststemgnl of financial gctivit198 (including income and oxpendilure accounll Balance Sheet 23 St>tgmgnt of cash flows Notes lo the financial slalements 25-34
The Zahra Trust Trustees, Annual Report (Incorporating the Directorfs Report) (Ggntinu8dJ Year ended 31 March 2025 The trustees, who are also directors of the charity lor the purposes of company law, present their report and financial statements of the charity for the period from 1 April 2024 to 31 March 2025. The financial slalements have been prepared in accordance with the Companies Act 2006, Charities Act 2011, the governing documents and the provisions of the Statement of Recommended Practice ISORPI'Account- ing and Reporting by Charities,, applicable to charities preparing their aGGounts in acGordanGe with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021. Reference and administrative details Rggistored charity name The Zahra Trust Charity registration number 1129501 Company reglstratlon number 06842695 Prin¢ipal %)ffi¢e and rty1$ted 40 Barnhill Road office Edgware HA8 OAY The trustees Aliraza Aseer Jaffar Ali Maisvunii Faisal Alireza Hasham Auditor Haysmac LLP 10 Quogn Str991 Placg Luiiijuri EC4R 1AG Bankers Barclays Bank PIC Leicester Leicestershire LE87 2BB Solicitors Stone King LLP Boundary House 91 Cliai"lerliouse Street London EC1M 6HR
The Zahra Trust
Trustees, Annual Report (Incorporating the Directorfs Report) (wntinufjdl
Year ended 31 March 2025
structure, governance and management
The Zahra Trust
The Zahra Trust I'the Charity'l is a failh-based international relief and humanitarian Gharity. Since its
inception in 2009, the Charity has been dedicated to alleviating hardships endured by those in need.
Our vision is to have a world where everyone has access lo the basic necessities in life, living self-
sufficiently with spiritual development.
Governing document
The Charity is registered with the Charity Commission for England and Wales under charity registration
number 1129501.The Trust is also a limited company, limited by guarantee, as defined by the Compa-
nies Act 2006 and thereforg is controlled by its Articles and Memorandum of Association, such having
bevii <ifTieiided iii M<iruli 2020.
Trustee Recruitment, Selection and Induction
Trustees are appointed on the basis of their ability to contribute effectively to the strategic leadership.
govcrnancc FAnd ovcrall managcmcnt of thc Charity. Thc Board scck- lo CnUr0 that collcolivcly, the
Iruslees possess a balanced mix of professional qualifications, expertise and experience relevant to
the Charity's activities, including legal, finaneial, opetalional and community development skills. Ea¢h
priJipeLlive Irusle¥'s i4uilabilily is
The Zahra Trust Trustees, Annual Report (Incorporating the Directorfs Report) (wntinufjdl Year ended 31 March 2025 the year wrth all decisions being taken jointly tollowing Intomied discussion which are tormally docu- mented. While the INslees delegate day lo day management lo senior staff. they retain overall accountability for the Charity's govemance, compliance and perfom)ance. The Board continually reviews the Charity's internal controls, financial position and risk management framework lo ensure that resources are used efficiently and that the Charity continues to achieve ils objecb'ves effectNely. Trustees are commilled lo maintaining high standards of governan, transparency, and accountability Board regularly evaluates ils govemance arrangements lo ensure that they remain proportionate, effec- tive, and responsive lo the Charity's evolving activities and strategic goals. Objectives and aims For the benefit of the public generally and to advance the Islamic religion worldwide. the Charity'6 main objectives are as follows.. The obje¢ts of th¢ Gharity are, for the public benefit, lal the advancement of the faith and religious practices of Islam and Ibl the relief of poverty. in particular bul not exclusively among those affected by natural disasters or by war and other conflict, including bul not limited by.. the provision and maintenance of mosques and religious centres., the leaching and educating ol members of the Islamic community,. the provision of medical and financial assistance; and the promotion of inlerreli9ious harmony through dialogue with other faiths and traditions. Risk Management and Review The trustees acknowledge that effective risk management is VTtal lo effective govemance and the safe- guarding ofthe Charity's assets and resources. A slruclured framework has been established to identify, a33e3 , and manage ri3ks that could affect the Charity'3 ability lo fulfil its charitable aims or impa¢l its reputation, financial p051tion. operations or compliance obligations. An up-l(pddle risk reyisler is rndinldiried by Ilie Bo(Ir(J, whiLh Lldssifies iisks dLfus5 key dredS inLludiny gnvp.rnAnr.p.. finAnr.IAI m2n2gp.mp.nt, qAfp.gii2rding. nr)prAlinnAI dp.livpry, rp.giilAlnry pnmpli2ne.p. And rp.r utalion. Each risk is assessed for its likelihood and potential impact with the corresponding mitigation measures clearly defined. The register is reviewed at least once a year and more frequently where circumstances require this. The trustees apply a risk based approach lo decision making, ensuring that the more significant com- milmenls are supported by a comprehensive risk assessment. Where required. professional advice is obtained to ensure Ihal the Iruslees make informed decisions and any measures required to miligale any idcntificd ri- i arc both proportionalc and cffcctivc. The Board also monitors emerging risks including the economic climate. geopolitical changes and reg- ulatory or funding developments that may affect the Charity's sustainability. During the reporting year, the truatee3 carried out a fornigl annual ri3k review confirming that adequate systems and procedures are In place lo Identify, manage and miligale significant risks. The Board also ensures that any residual risk remains within the Charity's agreed level of tolerance. The Board is satisfied that the Charity's current framework provides a sound foundation for maintaining financial ql3bility. qafggiiarding a£qpt£ and pmlprling thg. C.harity's rp.putaliDn and beng.fici2ries Major Rlsks and Mitigatlon The trustees actively monitor and manage potential risks through a structured framework designed to identify, assess, and mitigate issues that could impact the Charity's assets and reputation, operations and benpficiari@s. A formal risk register is reviewed regularly. and control measures are iipdaled lo
The Zahra Trust Trustees, Annual Report (Incorporating the Directorfs Report) (wntinufjdl Year ended 31 March 2025 retlect changing nsks. The pnncipal risks idenlrtied during the reporting year, together wilh the actions taken lo manage them, are set out below. Working with Intornational Partngr8 and High-Ri8k Juri$diction8 Operating across multiple countries and in regions affected by conflict or weak govemance exposes the Charity lo risks such as fraud, diversion of funds and non-compliance with international laws. To mitigate these risks, the Charity conducts comprehensive due diligence on all overseas partners in accordance with the Charity Commission's Know Your Partnerf. guidance and CC42 (Charities Working Internation- ally). Partners are assessed prior lo engagement to determine factors including sound govemance standards and financial integrity prior. Fomial legal agreements set out clear project terms, financial controls. and reporting obligations. Where appropriate, tru51ees or representative5 cary out on-511e monitoring visits and enhanced checks are applied in higher-risk jurisdictions. Retention of Donors and Funding Stability The Charity acknowledges that retaining donor confidence is essential to long-term sustainabilty. Fac- lors such as the cost-of-llvlng crlsls, Increase(J competlllon for charltaL)le glvlng an(J re(luced engag8- ment could potentially impact donations. To miligale this. the fharily maintains transparent commLini- cation with donors. regularfy providing pOrtS on how donations have been applied and what impact they achieve. Strategic fundraising campaigns and digital platforms are used lo strengthen engagement and facilitalc rccurring giving. Global Operations and Rising Costs Inflation, increased logistics costs and local economic pressures could affect operational efficiency and r>rngr2mmp. impAr.t Thp. P.h2rily 2pplipq qtrir.I finAnr.iAI r.nntml% Anfl hiirlgp.t mnnitnring with tniqtp.p. reviewin9 expenditure against plans quartedy. Regular partner audit5 a3se33 financial management and cost efficiency. Cybersecurity and Data Protection With growing reliance on digital fundrgi$ing plgtrorms gnd electronic Storage of donor and beneficiary iilluiiiiciliuii, Ili¥ Cliciiily IclLVb IIIUleclbllly gxpu¥uie lu uybtri IIIivii1s' ciiid dcilcl bJ¥ciulitrb. Ribkb Iiiulud unauthorised access lo personal data, phishing attacks, system downtime and reputational damage arising from breaches of confidentiality. l o manaqe these risks, the Lharity maintains compliance with the UK (ieneral L)ala Protection F<equl8- lion IGDPRI and tho Data Protoction Act 2018. Policios covor data colluction, storago, sharing and di5P05al, ensuring that information is handled lawfulty, securely and only for legitimate charitable pur- poses. Technical safeguards include mulli-faclor aulhenticalion and reslricled user access controls. The Char- ity's IT systems are supported by a cloud-based plarform with strong security protocols. Regular data- backups and penelralion lesling are undertaken lo reduce the risk of data loss or cyberattack. All staff, trustees, and volunt99rs handling porsonal data recoivo training and a named Data Protection Lead oversees GoniplianGe and iliGidenl re6pon6e. Aliy 6uspeGted breaGh would be reported promptly in accordan with the Information Commissioner's Office IICOI requirements and internal escalation procedures. Internal Controls and Assurance Tli¢ irubl¢¥b Ii(IVe illltJl¢iii¥iil¥d <1 iububl Iiiiiii¢wvik vl iiil¢iiiiil Luiiliulb (Iiid ilbbUI(IIIU¥ VIUty¥bb¥b lu protect the Charity's assets, ensure financial integrity and maintain full compliance with legal and regu- latory obligations. These controls fom an essential part of the Charity's governan system and provide the Board with confidence that resources are being managed responsibly and directed towards achiev- ing tha Charity's charitabla purposas. The inlemal ntrol framework is supported by financial policies, delegated authorities and reporting reqLJiremenls which sel out how income is received, approved and expended. All financial transactions are subject lo appropriate aulhorisalion levels. segregation of duties. and full documentstion to support
The Zahra Trust Trustees, Annual Report (Incorporating the Directorfs Report) (Gontinuedj Year ended 31 March 2025 accountability and prevent errors or misuse. The Lharity's tinancial records are maintsined In accord- ance with the relevant accounting standards and the Charities Statement of Recommended Practice ISORPI. Comprehensive financial monitoring and reporting procedures are in place. The Board receives regular management accounts and performance reports. enabling trustees to review expenditure against budget, evaluate financial trends and thereby respond promptly lo any variances. Annual financial slate- menis are prepared In accordance with ststulory requirements and audited providino an additional layer of assuraneè ov@r aceuracy and complianee. The trustees also conduct periodic reviews of the efficacy of intemal control systems, covering areas including financial operations, data protection and legal compliance. Where any emerging risks are idenlilied. corrective action Is taken lo a(J¢ress such an(J policies are updated to ensure continuous imprgvemgnt. The Board r9mains ¢ommitt9d to maintaining strong int9rnal controls arhd ¢ontinuou8 improvement. Procedure5 are reviewed regulady lo ensure that they remain effeGlive, up lo dale, and aligned with best practice and the Chanty's activities and directson. The Charity's control environment is supported by adherence lo key governance policies Including the Financial produreS Policy, Conflicts of Interest Policy and Code of Conduct which collectively promote best practice in transparency and accountability- A65uranGe regarding the effeGlivene56 of contro15 is 0bt8ined Ihrou9h a Gombination of internal review, advice and the annual audit. Trustees are satisfied that the systems currently in place are proportionate to the Charity's syze and complexity and provide a reliable base for effective financial management and governance. Public Beiiefil aiid Cliaritable liiipacl The trustees confirm that in delivering the Charity's programmes and overseeing Ils governance during the reporting year, they have given full consideration lo the Charity Commission's guidance on public benefit. In accordance with the Lharilies Act 201 I, the trustees are confident that tne Chanty's work continuos lo provido gonuino and mgasurable bonofit to tho public and that all activitios romain con- sislenl with ils charitable purposes. During the reporting year, the Charity undertook a wide range of programmes designed to advance reliqion, e(Jucalion and alleviating poverty. These included.. Faith initiatives, including programmes supporting the observance of key religious occasions were de- livp.red thrniJghoLlt the year Thesp. artivities prnviAp.d nppnrtiinities for collp.rtive rp.mp.mhr3nce and spir- ilual renewal, helping to strengthen Gommunity bonds and deepen the beneficiaries understanding of faith values in daily life. Educational assistan formed a vital part of the Charity's work during the year. Support was provided to ehildren and young pÈoplo through the provision of gehool materials, Èducational resoureeg, and SGhool a63islance, enabling acGes6 lo eduGalion for those from disadvantaged backgrounds. The Char- ity's initiatives included the distribution of stationery and textbooks, as well as the funding of equipment for schools in areas where educational opportunities are limited. These efforts helped reduce barriers to learning and creaied a more supponive environment for aca¢emic and personal ¢evelopmenr. By invègting in edue2tion, the Charity contributed not only to thè immediatè welfare of students but also to cycle of poverty through knowledge and opportunity. Hurnanilarian relief and food aid proqrammes.. The trustees recoqnise that crises caused by instability and ngtural disastsrs will cause a loss of livalihoods and deprivation. In response. th8 Charity has di- recled signifi¢anl resour$ toward emergency relief ensuring that aid reaches those in need. The Char- ily has continued to collaborate with trusted partners to deliver emergency support in regions affected by humanitarian crises. Assistance has induded the provision of mediGal supplies, temporary shelter, hygiene kits and essential household goods lo tamilies displaced from their homes.
The Zahra Trust Trustees, Annual Report (Incorporating the Directorfs Report) (Ggntinu8dJ Year ended 31 March 2025 Food A"d= Recognising the growing challenge of food Insecurity In both conllicl-affecled and economi- cally disadvantaged regions, the Charity continued its food distribution and nutritional support pro- grammes. Initiatives included the delivery of fo(Id parcels and hot food provisions. Over the year, these pro9rammes collectively provided thousands of meals and food packages. Monitoring and Evaluation of Impact The trustees regularfy review the effectiveness of all programmes through partner reports, monitoring and beneticiary teeUL)ack. Uulpuls are measured (such as number ot meals (Jistributed or households assisted) to assess effectiveness. Trustees are satisfied that these initiatives have delivered substantial and measurable public benefit. providing relief to those most affected by hardship while embodying the Charity's faith-ba5ed principle5. Fundraising The Charity is committed lo conducting all fundraising activities transparently and in full compliance with relevant legislation, including the Charities Act 2011, the Data Proleelion Act and the Code of Fundrais- ing Practi¢e. Th¢ Chanty is formally r¢gi5ter¢d with the Fundraitsing Regulator and actively seeks to uphold ils principles of honesty, inteorify and accountabilify in tts fundraising work. All fundraising activities are carefully overseen by the Iruslees to ensure that methods are appropriate, proportionate, and consistentwith the Charity's faith-based values. Donors, privacy and preferences are lully r¥>pvtyl¥(J aiid p¥riorial iiilorniativii is lialid1 s¥tyurvly iii lili¥ witli (Jaia pivt¥bliuii lvgislativii. The Charity employs a range of fundraising approaches designed to request support which include.. Targeted appeals and campaigns. organised around specific causes. such as. for example. humanitarian aid, food distribution. or educational support., Major (Jonor giving, cultivating long-ierm relationsnips wiin Inaividuals and families who share the Charity's mission and values.. Online fundraising, using digital platforms and sooial media to engage a wider audience., Corporate partnorships and giving, oncouraging businossgs to contribute through donations, bPVllbUlbliipb ui Ill<tlulied luiidiiiy iiiilicilivtrb, ciiid Direel mail and community outreach, enabling supporters to stay eonneeted to the Charity's activities and contribute through the available channels. Throu9hout Ihc rcportin9 ycar, thc Charity wa- humblcd to rcccivc romarkablc gcncrovity from IL do- nors. Donations from individuals and corporate organisations allowed the Charity to deliver vital aid and expand the reach of ils religious, humanitarian and education81 programmes. The trustees express their sincere gratitude to all donors and volunteers who contributed their time. effort and resources to the Charity's work. Their ongoing support reflects a deep sense of shared faith, compassion, and collective responsibility., values at the heart of the Charity's mission. Looking ahead, th9 Board romains commilled lo strenglhgning its fundraising stralogy by broad8nin9 outreach, and Lointinuing lu ensure thdt Every dundtiun Luntinueb lu tlldke d meiiningful dnd rnedSUldble tJifferenGe to those most in need. Complaints Handling The Charity lakes all feedback and concerns seriously and is committed to resolving any complaints promptly. faidy and in accordance with ils Complaints Policy. Where a complaint relates to fundraising activity, il is handled in line with the Fundraising Regulator's Code of Practice and serious matters are reported to the Regulator where necessary. The Charity views feedback as an important opportunity for learning and improvement and slnves to mainttsin high standtsrdtt aoro•t+ all its activitie The trutttectr tsrc ploascd to notc that no complaints were recelved during the current or preceding flnanclal year.
The Zahra Trust Trustees, Annual Report (Incorporating the Directorfs Report) (wntinufjdl Year ended 31 March 2025 Due Dillgence Given the Charity's work in international environments, the trustees place significant emphasis on main- taining robust due diligence procedures to protect the Charity's reputation, ensure regulatory compliance and safeguard the proper use of funds. The Iruslees reeognise that potential risks may arise through partnerships partlGularly when operating internationally or in jurisdiGtions with limited governance infra- slruclure. l o address these risks, the Lharity has enhanceij its Uue L)Iliqence Volicy to ensure that all prospective partners and funded entities are subject lo rigorous assessment before any formal relationship is estab- lished. This process follows a structured, risk-based approach and is consislenl wilh the Charity Com- mission's guidance on "Know Your Partnerf, and CC42.. Charities Working Internationally. Each prospective partnership is evaluated through a comprehensive verification process designed to conh.rm legitimacy. capacity. and alignment with the Charity's objectives and standards. This process includes= Completion of formal due diligence questionnaires and declarations by partner organisations; Verification of organisational identity and legal status, including registration and governance (Jocum8nls anu requlslle aulhorlsallons,. Assessmènt of governanee structures and finanei21 control arrangements to ènsure aeeounta_ bility-, Screening to check for sanctions, adverse media or reputational risks.. and Evalu<iliuii ul pivj¥LI d¢liv¢iy [JdUlLY, UV¢ldlivii<il piaLIiL¥i4, uiid pi¥vivub tJ¥ilviiiiial1. Where any conrn is identified, enhanced due diligence review is conducted. This may involve further documentstion requests, additional background checks, or escalation lo trustees for review. Decisions lo procoad ara mado only onco th8 risk has baen fully assossod and appropriata miligalion moasuras, ULh LLinlrdLtUdl terms iin(J LuniJiliLTrnb. Pdytnenl Irdnbh¥b or enhanL(l tnoniluriny dTe in pldutl. In addition to initi81 checks, the Charity carries out reviews of due diligence on all partners lo ensure continued compliance and reliability. This includes periodic verification of govemance and financial doc- umentslion and, where necessary independent accounts or field monitoring. uitlmaie responsltr)Iiiiy for overslghl of due dlllgence Iles wllh Ihe (rusiees, who recelve regular updaies on partner reviews, risk assessments and Complian findings. Through this slrenglhened framework, the Charity seeks to ensure that all partnerships are transparent, trustworthy, and consistenl with its mission and values. The Iruslees believe that this disciplined approach enables the Charity lo maintain Ihc highc- -t-tandardv of inlcgrity whilc cnkiuring that charilablc rckioufcc4J arc applicd cffcclivcly and for the greatest public benefrt. Conflict of Interest and Related Party Transactions The trustees recognise that strong governance and transparency are fundamental lo maintaining public trust and confidence in the Charity's work. The Charity therefore operates a robust Conflict of Interest Policy, dosignod lo onsuro that all docisions aro mado so191y in tho bost inlorests of tho Charity and fro0 frutn dny undue influenLe. All Iruslees dnij seniur stdff dre required Iu Lumplele dntTrUdl (JeLldfdliunb Df interest, disclosing any personal, professional or financial connections that could give rise lo an actual, potential or perceived conflict. Trustees are also required to declafe any relevant interest at the start of meetings rf a new situation arises. ensurino that decision makina remains Iransparenl. All disclosures are recorded in a Register of Interests which is reviewed and updated on a Tegular basis. Related Party Transactions In accordance with best practice and accounting stsndards under Ihe Charities SORP (FRS 1021, the Charity maintains transparent procedures for identifying and recording related party transactions. Re- latcd partic47 includc tru- kcy managcmcnt Pcryvonncl or organiatiOnl conncctcd to thom that may have a financial reiaiionsnip wilh tne Charity. Any potential related party transaction, such as a contract, lease, or purchase involving a Iruslee or connected individual is subject to prior approval by the Board and musl be demonstrably in the Charity's best interests. Any such transaction must be on an arm's length basis with clear demonstrable evidence that the terms are fair, r¢8gongble and ¢omp8r8ble to tho$e 8vai1oble from independent third parties.
The Zahra Trust Trustees, Annual Report (Incorporating the Directorfs Report) (Ggntinu8dJ Year ended 31 March 2025 Detsils of any approved related party transactions are recorded in the Charity's accounts and disclosed within the annual financial statements in line with statutory reporting requirements. During the reporting year, no related party transactions were identified that required disclosure, and the Iruslees are satisfied that existing controls are adequate lo prevent conflicts from arising in this area. The Board reviews its Conflict of Interest and Related Party Policies annually to ensure continued com- pliance with the Charity Commission's guidance and to reflect changes in governance standards. Property The Charity operates from the property it conslru¢led n the previous year. As well as running the Char- ity's operations, the Charity has also hosted faith based and educational programmes for the community in this property. The trustees are committed lo maintaining the propety to a high standard as part of the Charity's on- going duty of safeguarding its assets. Pursuant lo this, regular inspections and maintenance have been undertaken to identify and address any issues relating to safely and repair. Mainlenanee will include ¢he¢ks, utilities servicing and ¢omplian¢e with all relevant health and safety, fi safety, and a¢¢es5ibility regulations. A property management schedule has also been implemented lo ensure that maintenance and repair works are planned systematically and that funds are appropriately allocated for fLJlure needs. As the property is currently subject lo a mortgage, the Iruslees continue to ensure full compliance with Ili¥ l¥riiii aiid bv1id1Ul1> ol Ili¥ Ivaii ayie¥iii¥iil. Tlii> i11lu¢S liiiivly r¥yayiTi¥iIL arid r¥vi¥w ol Lli¥ iiiorl- gage's financial and legal obligations to ensure they remain sustainable and in the best interests of the Charity. The Iruslees keep the mortgage arrangements under periodic review to identify opportunities for improved financial efficiencv. Tlie Iruslees iewyiiise tlidl Ilie pruperty GUI?s1ilulEs d siyiiifiLdril lorig-IEriTI dSSEt of tliE Clidrily Ciiid therefore forms part of the Ch8rity's broader risk management and financi81 planning fr8mework. Insur- ance coverage is maintained al an appropriate level to safeguard against potential risks such as fire, theft. or structural damaae. and policies are reviewed annually lo ensure adequacy ot protection. Through prudent management and careful maintenance, the Iruslees aim lo preserve and enhance the value of the property, ensuring that it continue5 to serve as a base for the Charity's ongoing charitable work for many years lo come. SIGNIFICANT ACTIVITIES The Charity undertook a diverse array of activities lo advance its charitable aims and purp)ses. The Irubl¥S blieVe Ilial Ilie>e aliVitIs, ai sel uul belovw, liavv yroviLJed siyiilfiI1t belirit lo Ilie puiJliG both within the local community and intemalionally and include the advancement of religion. education, the relief of poverty and social development. By way of advancinq ils charitable purposes. the Charity has undertaken the followina.. Orphan5, Widow5 and the vulnerable Priority programmes during the year were directed towards the most vulnerable members of society, in¢luding orphans, widows, and children living in hardship. Through sponsorships, d1Ct support, and the provision ol essential services, the Lharily aims not only to meet Immediate sutvival needs but also lo address the long-term wglfare and development of these individuals. The Charity recognisgs that Suslalnable Impact comes from provldlng care that extends beyond emergency rellef, helplng people rebuild their lives with dignity and hope for a better future. The Charity's orphan and widow sponsorship programmes continued to expand. enabling assistance to bc providcd lo familic- facin9 4icvcro cconombc ¢hallcngCv. Spon- Owvhip contributiony cfivurc that bcn- eficiaries have 8¢cess to essential needs such as nutritious food. household essentials, shelter and education. These programmes are designed with a long-lerm perspective.. lo support children in remain- ing in school, empower widows to become self-reliant and ultimately break the inlergeneralional cycle of poverty. 10
The Zahra Trust Trustees, Annual Report (Incorporating the Directorfs Report) (Ggntinu8dJ Year ended 31 March 2025 The Charity also implemented a range of welfare projects aimed al improving living conditions for fami- lies in need. Such assistance is priorilised through local assessments to ensure that aid reaches those most in need and is delivered in a fair and transparent manner. With the generosity of the Charity's donors, the Charity has supported over 100,000 orphans, widows and vulnerable ifidividua15 with their immediate and longer temi needs. Healthcare The Charity is dedicated to providing critical health and medical aid to vulnerable individuals facing serious health issues. Throughoul the year, cases are individually assessed and support is extended lo those requiring immediate or lifesaving treatments which the beneficiaries due to their economic situa- lion cannot afford. During the reporting period, the Charity saw an increase in medical cases requiring urgent Intervention. Our supgort also included psychological assistance to children facing post-traumatic slrees where they had experienced criees lo enable them lo start their process of recovery. In the re- porting period, the Charity assisted 19,405 beneficiaries with general medical assistance and a further 729 individuals with assistance for cancer trealmenls. Food Aid One of the Charity's most impactFul ongoing initiatives is the distribution of essential food supplies. The Charity regulady provides food parcels containing staple items such as rice, llour, lentils, sugar, and cooking oil, usually distributed as monthly or seasonal packages. These items are selected to reflect Ili¥ di¥Lary arid tyullural yr¥l¥reiiG¥s of ltj1 WliilTiuiiili¥>, alloTrJYiiiy faiiiiliv> tij pr¥par¥ iii¥als iii Yrfayi that preserve their sense of independence and dignity. In addition to dry staples, the Charity orqanises commun(Éy mèal distributions, ensurinq that vulnerable familigs and individuals receivo warm, nutritious moals at koy limes of tho year. This includes largg- (11 fuu(J tjrives duririg tlig Iiuly ITILiiillI of Rdifidtjilll, wlieii f<is1iiiy f<llTiilieb die suppuitgtj Iliruugli iftdl Ibreaking of fast) meals, and during the winter months, when the need for warmth and Sustenan is greatest. These efforts are often carried out in partnership with loc61 volunteers and community networks ensuring efficient delivery and a deep sense of collecliveness. Wrth the generosity ol the Gharrty's donors, the Charity supportod 987,225 individuals with food during the Ramadan poriod. Qurbani and Meat Distribution The Qurbani campaigns are seasonal campaigns which provide meat to those facing hunger and hard- ship. Through the Charity's Dhul Hiiiah campaign. the Charity facilitated qurbani donations. ensuring that this religious act benefited those vulnerable families. many of whom rarely have access to meal as this is beyond their means. Iii Iliv rvpoi-tsriy PriOd, Ilie Cliai ily sue5[u1IY labililaled Iliv sacrifice aiid distributioii of Ineat lo just over 64.000 individuals in regions including Iraq, Kenya and Pakistan. RÈligious AdvancÈmÈnt During the year. the Charity continued ts efforts to advance Islam both locally and internationally. Commemorabons During MuhaTham The month of Muharram holds deep significance for the global Muslim community. During this sacred month, the Charity organised and supported a wide range of programmes both locally and inlernationalty Iv pruiT)vLe ui-ldviblaiidiiiy ul ilie valuvb 1]IUl11d by Iiiiaiii Husaiii {asl. The Charity hosted majalis Igatheringsl and lectures lo provide spiritual reflection to the participants. In the UK, the property of the Charity was used to facililale majalis for the first nine days of Muharram for the Ial communrty. Across Iraq an¢J Paklstan, the Charlly facllltsled malalls servlng over servlng lust over 10,000 partlcl- pants during the len days of Muharram. Youth led and children programmes were also held lo ensure that the younger members of society were included in Ihe religious commemorations. 11
The Zahra Trust Trustees, Annual Report (Incorporating the Directorfs Report) (wntinufjdl Year ended 31 March 2025 Arbaeen The commemoration of Arbaeen represents one of the largest peaceful gatherings in the world. In the raporting pèriod, the Charity onc8 again playad a vital rola in facilitating tha pilgrimag8 lo Karbala and supporting thousands of people who undertook the journey on foot stayed at the Mowkeb. The Charity's efforts included both direct service delivery and coordination with local partners to ensure that pilgrims-many of whom come from disadvantaged backgrounds-coukl complete their journey Safely and with dignity. The activities of the Charity during Arbaeen included.. Provision of food and water.. the provision of 91,000 meals in the days leading up to the Arbaeen and 253,570 drinks and water served. Medlcal and flrsl ald 5ervlces: Volunteer doctors and nurses provlded care and baslc medlcatlon to IhoLisands of pilgrims Temporary rest areas, overnight accommcxjalion and bathroomlshower facilities were arranged for pilgrims. Accessibility assistance.. The Charity supported the participation of disabled and elderly pilgrims by providing wheelchairs and companions to assist them during the walk. Ramadan Programme5 Tli¢ Iivly iiiijiilli uf Rigllld(Jan r¥inaiiis ori¥ ill ili¥ niosl busy yeriods of ili¥ y¥ar Ivr Ili¥ Cl iarily. Tli¥ Charity delivered a comprehensive range of programmes that addressed both the religious and nutri- tious needs of the fasting community. The Charity's Ramadan activities reached lens of thousands of beneficiaries across multiple countries with the Inrtialive Inclu(Jinq- Daily fftar programmes, proviQing wami, nuirilious meals io faIng families In low-lncome areas. Over 450,000 meals were distributed globally throughout the month. Distribution of Ramadan food packs, containing gssenlials such as ricg, flour,1gnti15, dates, and wvkiiiy uil, dlluwiiiy l(Iiiiilieb Iu piep(Ii¥ III¥ii uwii Ill¥(Ilb 111 cl diyiiifi¥d 111(Illlltrl. EduGatloi) Through a wide range of programmes and initiatives, the Charity supported children and adults recognising that education is not only a means of personal advancement but also a foundation for building self-sufficienl communities. Edutrtiliori ib uiie uf Ilie rTius1 effeLtive luulb fui brecikiiiy tlie LyLle uf puverly. It provideb iwidividucils with the skills and knowledge to improve their circumstances and contribute meaningfully to society. The Charity's commitment to education extends beyond academic achievernenl,. il is rooted in the belief that learning provides opportunity. In the reportlng year, th8 Chartty contlnued to 8xpanU access lo quallly educatlon by refurblshlng and equipping schools in underserved regions. These facilities provide safe, supportive learning environments where children can thrive. For example, with the provision of a grant lo provide equip a school in Karbala, has allowed children from orphaned and low income families to attend school with fil for pUrp0c Icarning facililic- The Charily also provided essenlial18arning materials. including slalionery and school uniforms, lo ensure that financial hardship did not prevent children from attending school. Recognising the crit- ical link between nutrition and academic performance. the Charity introduced school meal pro grammes that Provided ¢hildren with daily nulrilious mea13, helpin9 to improve concentration, at- tendance, and overall wellbeing. 12
The Zahra Trust Trustees, Annual Report (Incorporating the Directorfs Report) (Ggntinu8dJ Year ended 31 March 2025 Vocational Training and Skills Development Recognising that not all individuals have access to formal education, the Charity continued to de- liver vocational and skills training programmes designed to create sustainable livelihoods and pro- mote self-reliance. In the reporting period, a lolal of 10,771 individuals benefited from education and training projects aGross multiple regions. Programmes were tailored lo local contexts and included practical training in healthcare, tailoring, horticulture an(J carpentry. I he Lharily also Invested In preservinq traditional crarts. such as carpet weaving and pollery, enabling participant. especially widows and single mothers, to generate in- come while safeguarding cultural herilage. Follow-up support, such as the provision of starter kils and business mentoring, helped participants transition from training to employment successfully. Such initiatives reflect the Charity'5 belief that empowerrnent and 5elf-sufficiency are essential compo- nenls of humanitarian care. The Charity assisted 774 widows in the reporting period through its initia- -hort-lemi and lon9-lerm needs, lives. By priorilising the0 vulnerable groups and addreesing both their" the Charity not only alleviates suffering but also strives to bring stability wrthin communities. The trustees believe that this holistic approach embodies the Charity's mission to bring relief and empowerment, lo those most in need. Community Empowarment Through Education Beyond individual learning, the Charity's educational activities promote religious awareness and social development. Regular lectures and workshops were provided to widows to provide adult lil¢i atyy progioiiiiiies li) aiJvaiib¥ ¥duLatioii aiitj l-i¢ly ¥iiipowvvi tlie>¢ iiitJividu<ils li) ITl<ikè iiiloi ITi¥iJ decisions and lead more independent lives. International Aid Tho Charty continuod to oxlond vital humanitarian assistance lo poop19 affectod by conflict, displaco- rTIlI1, poverty drid riiilur<il dibdslerb. Tliruugtri ilb gxleiibive wielwork ul fieltj IgdlTIS drid Iruslgd Pdilrier organisations, the Charity ensured that aid was delivered swrftly and effectively, often in regions that were hard to 8CGess or underserved by other relief agencies. During the reporting year, the Charity undertook emergency responses in regions severely affected by conflict, displacement and natural disasters. These operations focused on providing immediate assis- lance including food, cle8n water. medical care and temporary shelter. As part of its emergency relief campaign, the Charity". Secured 63 lemporAry shelters for displaced familips. offering safety and stability to those who had lost their homes. Distributed 382,250 cooked meals and 260,825 loaves of bread. ensuring that vulnerable fam- ilicv had accc-- to rcliablc food vOufcc amid diyruptcd 4iupply Ghainb rovide¢ l U.UUU hyqiene kits, Includinq soap, sanitary Items. and cleaninq materials. to help prevent the spread of disease in overcrowded conditions. Supplied 5,300 mattresses and blankets, protecting families from harsh weather and improving living conditions in lomporgry sotuomonls. Our winter aid campaign reached 20,162 beneficiaries. providing winter essentials such as blankets. clothing, and healers lo displaced and impoverished families. When severe flooding struck several regions, destroying homes and livelihoods, the Charity swiftty de- vluy¥d le(Illlb lu piuvidv ¢iii¥iyeiiuy i¥livl. A luliil ul 12,500 iiidividuiilb Yl¢le bUVPUI l¥d willi l¥iilb, bl<ill- kets, mattresses, food parcels and potable water. Working closely with local partners, the Charity en- sured that aid reached the most affected communities efficiently, reducing the immediate risk of disease and hunger following the floods. The Charity a150 priorilised 5UPPOrt for comtnunilies impacted by violence and instability. Marginalised families living in conflict zones received emergency food packages, clean water supplies, and essential assistance lo help rebuild their lives. Special focus was plad on providing care for the widows and orphaned children who often face extreme hardship after losing their primary breadwinners. 13
The Zahra Trust Trustees, Annual Report (Incorporating the Directorfs Report) (Gontinuedj Year ended 31 March 2025 Through these comprehensive ettorts, the Charity directly improved the lives of tens of thousands of individuals across multiple countries. Water. sanltatlon and hyglene Access to clean water is essential for health, yet millions around the wodd still struggle to oblair) it. Conlaminaled or scarce water sources continLJe lo threaten lives, particularly among children and vul- nerable families. Recoqnisinq Ihis, the Lharily remained sieaclfasi In lis commitmeni Ihrouqhoui the rèporting pèriod to impmving aeeess to S2fe, reliablè and suslainabl@ watèr supplies for commLJniliès in need. The Charity expanded ils clean water initiatives to provide long-lerm solutions that improve health outcomes, strengthen livelihoods, and promote dignity across disadvantaged regions. In the reportinq penod. the Lharity constructed 153 wells across Pakistan Including the provinces ol Sindh and the Punjab transforming daily lif9 for thousands of individuals and families in und9rs9rvod ommunities. These we115, powered by both 501ar and eleclriG systeffls, have provided easily aGGes5ible water for drinking, cooking, and sanitation. oolar-powered wells were priorilised in remote or off*rid areas where eleGlricty supply is unreliable, ensuring uninterrupted operation and promoting environmentally sustainable energy use. Eleclric-pow- ered wells were installed in areas with more stable infraslruclure, offering higher water capacity to seNe the community. By replaGing unsafe and distant water 50ufGe5 with local, dean 8llernatlVe5, these projeGts have signif- icanlly reduced the incidence of waterborne diseases suth as cholera and diarrhoea while improving overall community health. Filtration and Desalination Systems Bvyoiid wvll ul]stI U[10[), tlie Cliarily iiivested iii fillralioii aiid desaliiialioii syslenis lo taknkle Guiiiplex water challenges in regions where existing sources are saline or polluted. These community-based fa- cilities use modern purification technology to remove harmful contsminanls, providing safe and afford- able water for everyday use. The benefits of clean water extend far beyond health. Children and women. particularly girts. no longer need lo walk long distsnces to collect water, allowing them lo attend school more regularly. Families also enjoy improved nutrition and hygiene standards. A defining feature of the Charity's water programme ig its emphasis on sustainability and local empow- erment. Each water point is designed for long-lerm operation, with community members trained lo main- t3in and rppair thp. qystemq l oc.al water rommittepq ovp.r.4ep iisagp. enc.niJr¥gp. rp.4Fx)nsihlp con.4LIrnTr tion, and ensure equitable access for all. The integration of solar technology reflects the Charity's com- mitmenl lo environmental stewardship, reducing carbon emissions while providing dependable, renew- able energy lo power essential community infrastructu. By coupling innovation with accountability, the Charity ensures that every water project continues lo serve as 2 lagting soureÈ of lrfÈ, hÈalth. 2nd hope. Through these colleelive efforts, the Charity's water initiative5 in the reporting peri provided Safe, dean, and 6u6lainable water to tens of thousands of people across Pakistan. The impact goes beyond meeting immediate survival needs, it helps to build a foundation for stronger and healthier communities. Dv1144tivris Grllllt M<ikiiiy The Charity accepts and dislribules a range of religious obligations. including Khums, Zakat, and Sa- daqa, strictly in accordance with Islamic principles and jurisprudential guidance. These funds are col- lected with due care and allocated transparently to ensure that they reach eliqible beneficiaries and are applied solely for purposos that align with both Ihg inlsnl of tho donor and tho roligious and charitabla objeclives of the Charity- In addition to religious dues, the Charity receives general donalKins and ¢onlributions from members of the public who share its vision ot serving humanity through religion. educalion and poverty relief. These 14
The Zahra Trust Trustees, Annual Report (Incorporating the Directorfs Report) (Ggntinu8dJ Year ended 31 March 2025 funds are directed towards a combination of direct charitable activities and grants made lo individuals and partner organisations. Through this approach, the Charity is able to reach a broader nebNork of beneficiaries and support a variety of projects that advance its aims, including educational initiatives, humanitarian relief and reli9ious programmes. Granl-making remains a core part of the Charity's operations and a key mechanism through which it delivers ils charitable impact. The trustees have established a Grant Policy that defines the principles, criteria, and (Jue diliqence processes qoveminq the approval an(J monrtonng ot qrants. All grant requests are carefully assessed lo ensure that they- Align with the Charity's objectives and priorities., Demonstrate a clear charitable purpose and tangible public benefft- Are supported by adequate documentation and verfficalion of need- and Comply with tho Charity's intgmal govornanco and fi'nancial control framoworks. The Iruslees relain ultimate responsibility and discretion over all funding decisions. Each application is reviewed in light of the 8vailable resources, project outcomes and compliance with ch8rity18w. Approved grants are subject lo appropriate reporting an¢ monitonng requirements lo ensure lun¢s are used tor thèir intènded purFX)89, and progre88 updat0$ are obtained from grantges to 9$8988 impact and gff8c- liveness. Where grants are made to overseas partners, the trustees apply enhanced due diligence and oversight in line with the Charity Commission's guidance for charities working intemalionally. This includes verifi- cation of partner legitimacy, confirmation of project delivery capacity and evaluation of local conditions lo ensure compliance and mitigate risk. Tlirou9h this approach. the Charity eiisure6 that religious and geiieral donations are disli"ibuled re6pon- sibly lo those most in need while fulfilling the trust placed in il by donors. The trustees view these duties as both a legal and religious SponsIbl11ty which they seek to fulfil to the highest stsndards. Volunt••rs Tlie Cliciiily Luilliiiueb Iv b¥ ¥xlieiTiely yicilelul lui Ilie illvdlucibltr bupyull oiiid dedi[lI1UI7 ul ilb vuluiilevib, who play a vitsl role in helping to deliver the Charity's programmes and maintain its community pres- ence. The Charity actively encourages members of the community lo share their lime, skills and exper- Iise In SUDrx)rt ol Ils charitable obieclives, recoqnising that volunleennq Is tr)oth an act ol service and a moans of slrangthoning gocial bondÉ within tha community. Volunteers contribute across a wide range of aclivilies, including event coordination, community out- reach and the delivery of certain projects. Their Gommilment enables the Charity lo extend its reaGh, reduce operational costs and ensure that more of ils resources are directed towards charitable activities and beneficiaries. Whilo voluntr9 grg not fingnei211y eompongatèd for thoir timo, tho Charity roimbursos rogsonablo ox- pense6, 6LIGh as travel or meals, to ensure that volunteering remains aGGe66ible to all. The Charity has in place comprehensive policies and procedures for the recruitment, vetting and induction of volunteers. These include safeguarding checks where appropriate, clear role descriptions, and training or guidance lo ensure that volunteers understand the Charity's values, standards of conduct and expectations. Cvrnmunity PrespnGF The Charity continues to maintain a strong and visible presence within the community, actively engaging in a range of events and initiatives that reflect ils commitment lo advancing ils objectives for the public benefit. Throughout the year, the Charity participated in numerous community activities that brought iogetner indiviauais from different Dackgrounds, sirengtnening social ties. By organising and participating in local events, the Charity reached thousands of allendees, raising awareness of the Charity's primary objectives. Engagements included the Muslim Bazar, which fostered a spirit of collatK)ration and cultural celebration, participation in Friday congregational prayers acros5 multiple centres. a vital avenue tor connecting with local communities, shanng updates on the Lharity's 15
The Zahra Trust Trustees, Annual Report (Incorporating the Directorfs Report) (Gontinuedj Year ended 31 March 2025 work, and encouraging ongoing Involvement in its charitable mission. The Charity also took an active role in major faith-based gatherings. such as the Arbaeen Procession. whora trust8as, voluntaars, and community raprasantativas cama togalhar to promota massagas of peace and service lo other5. Through these event5, the Charity not only raised awareness of its human- itarian projects but also collected funds towards its ongoing programmes. The Charity's also took part in communty drives and awareness campaigns, reflecting the shared belief th@t faith must trFJnslale into tangible service and benefit to others. Th8S8 activitiés hav8 also hélped to ènhanc8 public undérstanding of th8 Charity's mission and thé impact of ils work, encouraging wider participation and collaboration across age groups, backgrounds. and local networks. The trustees remain committed to further expanding the Charity's community outreach in the coming year, with plsn? to develop more ?tructured engagement progrgmme?, youth pgrticipation initiative8, and collaborations with local organisations. This will ensure thai the Lharity's presence continues to create positive change across the communities il serves. Financial review The Zahra Trust focuses on key intersecting areas to address in order to meet need. These include humanitarian assi$lan¢e, community empowerment, health¢are, water provision, ¢aring for orphans, widows and vulnerables, and livelihood projecis. Wilh substantial financial reserves, Ihe Trust is well positioned lo continue its support in the coming year, aiming for lasting change for the communities and individuals we support. The primary income St8m$ for the Charity originate from the ¢ollection of dorTrations and religious dues from the aeneral public. Currently. the Charity does not maintain any investments with the intention of ggnorating in¢om9. Thg total funds gen9rated by thg charity, gxduding invgStm9nt, charity shop and interest incorrbe, amounted to £5,850,356 during the year 12024.. £3,809,762). Thi5 revenue was primarily sourced from the collection of donations for various charitable purposes and gift aid repayments received from HMRC. With our continued process of strengthening intemal and extemal working ethos and professionalism. we have successfully maintained our reclaimable percentage of giftaid over years on our donaliong. Total resources expended during the year was £4,773,122 12024.. £3,924,516). This includes £3,855,16912024." £3,112,757) exp[je[l fLir yrdnt Pdydbles dnd uthr Lhdritiible dLtivities. Our Lurrenl yg.Ar's charilablp. spending was £848k moro than nijr last yparfs r.hArilAhlp pxppndiliirpq 1g.Aving a balance of only £738k in our reslricled fund balance at year end, mostly deliverables in emergency aid relief. This remarkable project implementations have been the result of untiring efforts of our trustees, managemgnt, staff and volunl99rs and our imp19m9nling partngrs and also our commilm9nt lo Implement the asplratlon of our donors In eradlcatlng the palns and sufferlngs of the tnosl vulnerable people. Total funds carried forward at the end of the year was £ 3,616,42812024.. £ 2.501610}. £2.878,850 of the eLJrrent year fund balance represents the unre$trieted fund, and £ 737,578 repre$ents re8tri¢ted fund balance. Reserves policy The Charity maintsins reserves of unreslricled funds to cover general operational expenses and to manage potential uncertainties in the future. In developing the reserve policy, the trustees have identified v8ri0us reslricled funds, as outlined in the Slalemenl of Financial Activities ISOFAI and notes lo the accounts. These StrICted funds are allocated strictly in accordance with the specific restrictions attached lo each fund, where applicable. The Charity keeps 115 Reserveb PoliGy for unre6tr¢cted funds under regular review and has reviewed this al the yearend- the trustees remain satisfied that holding sufficient funds to cover al least 6 months of the Charity's operational costs, including staff expenses and ongoing work with partners is still valid and prudent. The trustees have considered potential risks and the necessary funds to mitigate those risks . 16
The Zahra Trust Trustees, Annual Report (InGorporating Ihe DireGtorfs Report) Iconttnu8trJ Year ended 31 March 2025 In tho current year, tha balanea of unrogtrictad fLJnd8 of £2,878,850 12024.. £1,072,560), includ&s £1,380,92212024. £1,392,702) Ivi Ili¥ 1vuildI1Vrl ruli, wliibli ib Ii¥l ul £1,462,101 12024. £ 1,471,459) of tangible fixed assets net book value less loan payable of £ 75,17912024.. £78,697) as at the year- end. The foundation fund represents the eosts IncUrd and capiialised as Charity's property, intended for extending its charitable activities and Is being used as SUGh. This ha5 enabled the Charity to execute lis proiecis and programme with greaier efficiency ano outreach to the vulnerable an(J needy people. At year end the Charity holds a free reserve of £1,491.928 12024.. £579.7981. which is sufficient to cover at least 6 rnonths of operational costs at circa £450k, as well as additional work planned lor the upcoming period and any shortFall in donations committed for executing restricted projects or in the esGalation gf 115 G05ts, on the discretion ol the Iiustees. Future work The Charity has continued lo broaden ils diqitsl footprint and slrenolhen ils communication channels lo better engage with donors, bengficigries gnd the wider piiblic. Over the past year the Charity has px- P8nded its pre3ence 8cross social media platforms, uaing these outlets to 3h8re updates on humanilar-lan projects, highllghi success stories and ralse awareness of new campaigns. Thls increased visibilily has enhanced transparency. encouraged donor engagement and helped to build a 9rowin9 online preÈ4ncè. To bLJild on this prograss. the trust@@s plan to implèmènt dedicalad digital systems and tlS lo manage online communication, data analytics and content planning more effectively. These improvements will allow the Charity to reach a wider audien¢e. In¢ase fundraising efficiency and communicate the imDacl of its work more consislenlly and effectively. The Charity recoqnises that effective communication is key to sustaining donor confidence, inspiring potential donors, and ensuring that beneficiaries, voices and stories are shared respectfully. In line with its broader strategic objectives, the Charity also intends to expand several ol its humanitarian and development programmes in the coming year. This includ8s scaling up inilialives that provide ac-ce55 lo clean and sale water, enabling rnore families ancj cornmunities to tienetit trom rK*liahlo, ¢iJst2in-ahlo wator qniJrrAs in rAoinn.q f2r.ino drnijght nr infr28lriJrtiJrA r.hallAngo8 Furthermore, the Gharity is planning a broader range of educational projects., these will include commu- nity-based educational workshops designed to encourage the yOLJth and promote lifelong leaming. The Iruslees are conlident that by combinino slrono communication systems, expanded prooramme delivpry and dioital innovation. the fharity will continue to strpngthen its impact and extend its activities to those in need. 17
The Zahra Trust Trustees. Annual Report (Incorporating the Dlrectorfs Report) (continued) Year ended 31 March 2025 Trustees. rèsponsibilitiès statement The trustees, also acting as directors for the purposes of company law, bear the responsibility of pre- paring the trustees, report and financial slalemenls in compliance with applicable laws and United King- dom Accounting Standards (United Kingdom Generally Accepted Accounting Praclicel. According lo company law, the charity trustees musl compile financial statements annually that present a true an(J fair view ol the cnarilable company's stale ot affairs, (Jelailinq Incominq reSoUrS and the application of resources, encompassing income and expenditure, for that period. In the process of preparing these financial statements, the trustees are obligated to.. Select appropnate accounting policies and consislenlly apply them. . Adhere lo the methods and principles oudined in the applicable Charities Statement of Recommended Practice ISORPI. Exenise reasonable and prudent judgment in making accounting estimates. Explicitly slate whether applicable UK Accounting Stsndards have been followed, with any material departures disclosed and explained in the financial stalemenls. Prepare the financial statements on the going concern basis, unless It is inappropriate to presume that the charity will continue in business. Furlliei Inure, ili¥ IiusLees are abwuiilabl¥ fur iiiaiiilaiiiiiiy ade4ual¥ aGGuunliriy r¥Gords ilial iuffiGi¥iilly demonstrate and elucidate the Charity's transactions. These records musl disclose, with reasonable accuracy at any time, the financial position of the charity, enabling the Iruslees to ensure compliance with the Companies Act 2006. Additionally. the trustees are responsible for safequardinq the charity's assols and must tako rgasonablo mgasures for tho prevention and detgction of fraud and olhor irro9u- Idrilieb. EaGh of the persons who is a trustee at the date of approval of this Trport ¢onfirms that= o far thcy arc awarc, Ihcrc 147 no rclcvanl audit information of which thc Charity," unaware., and they have taken all sleps that they ought to have taken as a trLJStee to make themselves aware of Any rplp.vsJnl Aiidil infnrmAlinn And In p.qlAhliqh thAI thp. phArity'% sjiiditnr iq AWArp. nf IhAt infnrmsjlinn In preparing this report. the Trustees have taken advantaoe of the small companies exemptions pro- vided by section 415A of the Companies Act 2006. auditor i Oe1 2, ?02S 18'.54'.56GMT+3 Ali M8ssoumi8n Trustee Dill¥ 2 0¢LYiiiLJ¥i 2025 18
The Zahra Trust Independent Auditor's report to the Members of The Zahra Trust Year ended 31 March 2025 Opiniun We have audited the financial statements of The Zahra Trust for thè yèar ended 31 March 2025 whith comprise the Statement of Financial Activitie5, the Balance Sheet, the Cash Flow Statement and the related notes to the financial statements. includin8 a summary of si8nifit3nt ac¢ovntin8 policies. The financial ieportiri8 frsmework that has been applied in their preparation 15 applicable law and United Kingdom Accounting Standards. including Financial Reporting Standard 102 The Financial Reporting Standard applitable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion, the finalltial 5tstement5= give a true and fair view of the state of ihe charitable companws affairs as at 31 March 2025 and olthe chariiable companWs net movement in funds, including the income and expenditure, for the year then endod.. have been properly prepared In accordance with Unlted Kln8dom Generally Accepted Accountln8 Practice,. and have been prepared in accordance with the requirements of the Companies Act 2LI)6. 84515 fr oplnlon We conducted our audit in accordance with Iniernaiion31 Standards on Audilin8 IUKI IISAS IUKII and applicable law. Our responsibilitie5 under those standards are further described in the Auditorf5 responsibilities for the Aljflit nf thp finAAriAI £tAt•mpnE <prtinn nf rjijr r(prJrt Wp Arp inrtKppAdnt nf thg rhxrity in ArrnrdAnrp with the ethic*il iequiietnEllt5 that lire relevant tEI DUI audit ol thE financial 5tatetnent5 Irb thE UK. includin8 the FRC'5 Ethical Standard. and WÈ have fulfilled our other Èthical responsibilitiès in accordance with these requirements. We believe that the audit evidence we have obtained is sulfscient an(1 appropriale to provi(le a basis for our npininn Conduslons relatSng to golng concern In 3LFditing the financial statements. we have concluded that ihe trustees, use of the going concern basis of accounting in th@ pr@paration of the financial stat@m@nts is appropriat@_ 8ased on the WO we have performed. we have not identified any rnaterial uncertaintie5 relating to events or conditions that. individually or collectively. may casi significant doubl on the charitable company's ability to continu@ as a EDine conc@rn for a p@riod of at l@ast tw@Iv@ months from wh@n th@ financial stat@ments ar@ aulhorisefl lor issue. OUT responsibilities and the responsibilities of the trustees with respect to 80ing concern are described in the rèlÈv3nt sèrtions of thii report. Other Informatlon The trustees are responsible for the other information. The other information comprises the information included in the Trusteès, Annual Report. Our opinion on the financial statemÈnts does not cover the other information and, except to the extent otherwise explicitly Stated in our report, we do not expre55 any loim gf assurance conclusion thereon. In connection with our audit of the financial statements. our responsibility is to read the other information and. in doin8 50, consider whether the other information 15 materially inconsi5Eent with the financial 5taternents, or our knowledge obtained in the audit orotherwise appearsto be materially misstated. If we identify such material inconsistencie5 or apparent material misstatements. we are required to determine whether there is a material missiatement in the financial statements or a material misst3tement of the other infoimalion. If. based on the work we have performed, we conclude that there is a material misstatement of this other information, we are reouired to report that fact. We have nothin£ to report in this regard.
The Zahra Trust Independent Auditor's report to the Members of The Zahra Trust Year ended 31 March 2025 Opinlons on oth•r matt•rs pr•scrib•d by th• Compnia% Act 2006 In our opinion, based on the work undertaken in the course of the audit.. the infom)ation 8iven in the Trustees, Annual Report Iwhich includes the directors, report prepared for the purposes of company lawl tor the financial year for which the financial statements are prepared is consistent with the financial statements; and the directors, report included within the Trustees, Annual Report have been prepared in accordance with applicable legal requirements. Mattèrs on whlth wè arè rèqulred to rèport by xt*ptlon In the light of ihe knowledge and undersiaft(ling of the Charitable ¢omparty and its environment obiairted in the course of the audit. we have not identified material misstatements in the TTUStees' Annual Report Iwhich incorporales the straleRic report and the directors, report). We have nothing to report in respect of the following matters in relation to which the Companies Act 2¢)J6 requires us to report to you if. in our opinion= adequate accountinR records have not been kept by the charitable companv. or returns adeouate for audit have not been received from bran¢hes not visited by us; or the charitable company linancial statements arè not in agreÈmÈnt with the accounting records and returns- or certain disclosures of trustees, remuneration specified by lèw are not made.. or wc havc not rc¢¢ivcd all thc informalion and cxplanations w¢ rcqyire for our audit,. or the trusiees were not entitled to prepare the financial statements in accordance with the small companies. regime and take advantage of the small companies. exemptions in preparin8 the trustees, reoort and from the reouirement to prepare a strategic report. Responslbllltles of tru51ees tor ihe flnanclal statement As explained more fully in the trustees, responsibilities statement, set out on pa8e 18, the trustees Iwho are also the directors of the charitable company for the purposes of company lawl are responsible for the preparation of the firtanttal statèmertts and for bein8 Satisfied that thèyBive a irue and fair view. and for such intérnal tofitrol a5 the irustees ¢etermlne Is nece55ary io enable the preparaiion of financlal statemen15 thai are free from material misststement, whether due to fraud or error. In preparin8 the financial statementg. the trusie•s are responsible for assessin8 the charitable comp3nq$ ability to contlnue as a golng concern. d15closlng. as appllcable. mallers related to golng concern and uslng the goln8 concern basis of accounting unless thè irusteès eithèr intend to liquidate thè tharitable company or to tèase operations. or have no realistic alteTnative but to do so. AudStorf5 re5pon51bllrtle5 for the audlt of ihe flnanclal ststemems Our objettives are to obiain reasonablè assurancè about whether the financial staiements as a wholè are free from material mi55tatement, whether due to fraud or error, and to Issue an audiior's report that includes our opinion. Reason3bl@ assurant@ is a hi8h lev@1 of assuranc@ but is not a 8uaranteo that an 3udit conducted in accordance wlth ISA5 IUKI wlll alway5 detect a materlal m1551aiemeni when l( ex15ts. Mlsstatement5 can ar15e from fraud oi erfor and are considered material if. individually or in the aggregate. they could reasonably be expecred to Influence the economic decisions of users taken on the basis of these financial siatements. Irregularltle5, Includlng fraud, are In5tance5 of non-cornpllance wlth law5 and regulaiion5. We de51gn procedures in line with our responsibilities, outlined above, to detecl material misstalernents in respert of irregularities, Including fraud. The extent to which our procedures are capable of detecting irregularities. including fraud is detailed below: Based on our understanding of the and ihe environment in which it operates. we identified that the principal risks of non-compliance with laws and regulations related to Charity law, and we considered the extent to which non-compliance might have a material effect on the financial statements. We also considered those laws and ulè(io11s iliai liève a diieci iinpèLI on Ilie prepaidlioii of ihe fiiidiicièl Jldlvmeii() suili as ilie Coinpdlli¥S Aci 2CK>6 and the Charities Act 2011 and consider other factors such as payroll tax. 20
The Zahra Trust Independent Auditor's report to the Members of The Zahra Trust Year ended 31 March 2025 We evaluated managemenvs incentive5 and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls) and determined that the prineip31 risks were related to judgements around revenue at year end. Audit procedures performed by the engagement team included: Inspecting correspondence with regulators and tax authorities,. Di5CLJ55ion5 Wlth tnanagement iniludin8 COll5idEration of known or 5U5pected in5tanie5 of non- compliance with laws and regulation and fraud.. Evaluating management's controls designed to prevent and detect irregularities; Identifying and testing journals, in particularjournal entries posted with unusual account combinations, postings by unusual users or with unusual descriptions,. and r.hxllpn8ine x%<iJmptinn% Anfl jlJfle*mgnt< mAflp hy mAnxegmpnt in thgir rritirAI Arrnijntine p%timAtp Because of the inherent limitations of an audit, there is a risk that we will not detect all irregLJlarities, includin8 those leading to a material mi55tatement in the financial statement5 or non-compliance with regulation. This ri<k inr.rpA%p< thg mnrp thxt r.nmpliAnrp with x Ixw nr rpgijlxtinn 1% rpmnvpd frnm thg gvpntÉ xnrl trAnEArtinn The risk is also greater regarding irregularitie5 occurring due to Iraud r3ther than error, as fraud involve5 intentional concealment, forgery, collusion, omission or misrepresentation. Reporting Council's website at.. www.frc.o auditorfs report. .ukJauditorsres onsibilities. This description forms part of our uf vui repuiL 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 Att 2006. Our audit work has been undertaken so that we might state to the charitable r.nmpany'E mpmbp.rE thnsp. mattprs wp. arp. rp.quirp.d trj statp. tn thpm in an Auditnr's rgpnrt and frir na nthp.r vui yvsv. Tv ili¥ lullv>L ¥xl¥iil y¥iiiiill¥d ijy Idw, wv Iivl dLLVVt Vl d>JUlll¥ i¥Jyviisibilily Iv diiyvii¥ vilivi Ilidll 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. Adam Halsey Isenior Statutory Auditor) For and on behalf of Haysmac LLP, Statutory Auditor DdL¥. 0911212025 10 Queen Street Place London EC4R IAG 21
The Zahra Trust statement of Financial Activities Ilncludlng Income and expendtture account) Company Number: 06842695 IEngland and Walèsl Year ended 31 March 2025 2025 2024 Unrestrictèd Restritted funds Total funds Total funds funds Income and endowments Donations and legacies Tradin8 activitie5 Investment irncome 1,741,742 4,108,614 5,850,356 3,809,762 7JJ397 16,626 450 8,779 990 8,779 990 Other income Total income 1,779,326 4,108,614 5,887,940 3,902,235 Expèndituré on RaisinB funds Charitable activities cosi of Iradlng gooos Total expenditure 431,424 431,424 4.333.910 4.333.910 7,788 4.773,122 352,281 3.552.814 19,421 3.924,516 7.788 439.212 4,333.910 Net income 1,340,114 225,296) 1,114,818 (22,281 Tran5fer3 between fund5 {433,g2I} 33,824 Net movement in funds 906,290 208,528 1,114,818 22,281 Rewnciliation of funds TnlHI fiJnd£ hraiJEht farward 1.972.560 529.050 2.501.610 2.523.891 Total funds carried forward 2,878,850 737.578 3.616.428 2.501.610 The statement of financial 3ctivities includes 311 Gains and losses recosnised in the year. All income and expenditure derive from continuing activities. The notes on pages 25 to 34 form part of these financial statements. 22
The Zahra Trust Balance Sheet A5 at 31 March ZOZ5 20 Flxed assets Tangible fixed assets 14 1,462,101 1,471.459 1,462,101 1,471,459 Current asseis Shop stock Debtor5 15 7,995 191,J89 2,077.458 2,277,Q42 5,856 IG Cash at bank and in hand 1,092.394 1,152,421 Crrditors- •mounls fallin8 dut within Qfie year 17 57,345 53,765 Net current asseis 2,219,697 1,098,656 Total a$t$ lèss currènt Ilabilitiès 3,681,798 2,570,115 Creditors: amounts falling due after more than one year 65,370 68,505 N•t ass•ts 1,61A,4?8 ?,Sn1,fi10 Fund5 of the £hailty Restricted funds Unrestricted funds 737,578 2,878,850 529,050 1,972,560 Total charity funds 22 3,616,428 2,501,610 These financial statements were approved by the board of trustees and authorised for issue on th.DR£emhor 2025 and are aigned on behalf of the board by: Ali Massoumian Trustee The notes on pa8es 25 to 34 form part of these financial statements. 23
The Zahra Trust
Statement of Cash Flow5
Year ended March 2025
2025
N4t cash inflow from op4ration5
Net cash provided / lusedl by operatinB
activities
1995,5961
170,0931
Cash fl¢)ws from investing activilies..
Bank interest received
8.779
IG.G26
Net cash used In Investlng actl¥ltles
8,779
16,626
Cash flow from financins activities
Acquisition of fixed a55ets
Repayment of long term loan
N9t caÉh luÉodl flnancln8 2Ctlvltl&s
116.1761
13,1351
1114,9941
1290,2441
119.3111
1405,2381
Chan8e in cash and cash equivalents in the
reporting period
rAsh and rx
The Zahra Trust Notes to the financial statements Year ended March ZOZ5 l. Accountin8 Pollcie5 Statement of compllance The financial:tatcments have bccn prepared in accordance with Accounting and Reporting by Charitics.. Statèment of Recommènded Practice applicable to charities proparine their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20151- (Charitie5 SORP FRS 1021, the Financial Repoiting Standard applicable in the UK and Republic of Irelfjnd IrRS 1021 and the Companies Act 2006. The Zahra Trust meets the definition of a public benefit entity under FRS102. Assets and liabililies are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accountinE policy notes. Trustees assessment of Golng Concern In view of the financial performance and the reserves position as at the balance sheet dale. the Board of Trustees have a reasonable expeciailon Ihai The zahra Tfusl wlll have Ihe resources to conilnue1n operaTlonal exlsience for the foreseeable future. The Trustees believe there are no material uncertainties that call into doubt our ability to continue 35 a goin8 concern. The annual financial statements h3ve therefore been prepared on the basis that the charity is 3 going concern. This yèar tho Trust has sèon an incremont in thè incomè, couplod with the dèvelopmènt of a comprehensive fundTaisin8 Strate8y, cornmunications plan and an improve supporter serwces experience, the Trustees foresee increased restricted and unrestricted income next year. Income All Income is recognised once Ihe chariiy has eniiTlemeni 10 Income,111s probable Thai Income wiii be received and the amount of income recebvable can be measured reliably. Invpstmpnt inr.nrnp 1% ar.r.aunlpd fnr in thp £tatpmpnt nf Finanr.ial Artivitips in thg pprind in whir.h thp rharity i entitled to receive. Expenditure Liabilities are recognised as expenditure a5 soon as there is a legal or constructive obligation committing the charity to the expenditure. Expenditure 15 accounted for on an accruals basi5 and has been classified under headin8S that 8sregate all costs related to tlie category. Whei"e costs CallllQt be directly atti"ibuted to particular he6ding5 they havc bccn allocated to activities on a ba4iS con•ldtent with thc U4C of rc4ourccs. Grant: payablc are chargcd in the vear when the offer is conveyed to the recipient_ Grants offered subject to conditions which have not been met at the yearend date are noted as a commitment but not accrued as expenditure. Govern8n¢e ¢0919 Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity, and Include Its audit fees and other costs linked to strategic management of the charitv. I hese are allocated in line with other support costs. 25
The Zahra Trust Notes to the financial statements Icontinuedl Year ended 31 March ZOZ5 TanRible fixed assets Depreclatlon Is provided at the following annual rates in order to write off each asset over Its estlmated useful Ilfe. Building on freehold property Fixtures and fittings Plant and machinery Computer5 and 50ftware 2% on straight line 25Yo on reducing balance 25% on reducing balance 33% on reducing balance Fund accountin Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the Trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when fund5 are raised for particular restricted purposes. Designaied funds are Ihose funds which have been designaied by Ihe Trusiees for speciflc purposes wiihin Ihe objects of the charity. Further e)tp13n3tion of the nature and purpose of each fund is included in the notes to the financial statements. Pen51on costs and oiher p05t-ret5rement benefits The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Flnanclal Instruments Basic linancial instruments are initially recoRnised at transaction value and subsequently measured at amort15ed C05t with the exception of inve5ttnent5 which are held at fair value. Financial a55et5 held at amort15ed c05t cotnprise cash at bank and in hand, together with trade and other debtors. A specific provision is made for debts for which rètovèrability 1£ in doubt. Cash at bank and in h3nd is d@fin@d 31 311 tash h@Id in instant 3tt@&£ bank 3ttounts and used as working capital. Financial liabilities held at amortised cost comprise all creditors except social security and other taxes. Debtors Trade and other debiors are recognised ar the setilemeni amount due after any trade dSscoun( offered. Prepayments ore valued at the amount prepaid net of any trade discounts due. Cash at bank and in hand Cash at bank and cash in hand includes cash and short term highly liquid investments. 26
The Zahra Trust Notes to the financial statements Icontinuedl Year ended March ZQZ5 Credltors Creditors are reco8nised where the charity has a present obligation resultin8 from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or eJtimatcd reliably. Crcditor" and proviJion" arc normally recoGniacd at their acttlement amount after allowing for any trade discounts due. Employee benefits Short t•rm b•n4fits Short term benefits including holiday pay are recognised as an expense in ihe period in which the service is received. 2. Doiialions Unrestrlcted RestrScted Total funds funds funds 2025 oonatlons 1,262,421 479,321 1,741.742 4,108,614 5,371,035 479,321 5,850.356 Gift aid Donations 4,108.614 Unrestrirted Restrlrted Total funds funds funds 2024 Oonations Giftaid 953,704 441,692 1,395,396 2.414,366 3,368,070 441,692 3,809,762 Oonaiions 2,414,366 3 Trading actlvltles 2025 2024 Income from charilable shop Cost of goods and services of shop 27.815 7,788 ?n.n?7 75.397 19,420 4. Investment income Unrestricted Total funds Unrestii(ted Total fund5 funds 202S funds 2024 Interest income 8,779 8,779 16.626 16,626 5. Other Ineome Unrestrlcted Total funds Unrestrlcted Total funds funds funds 2025 2024 Other income 990 990 450 450 27
The Zahra Trust Notes to the financial statements Year ended March ZOZ5 Costs ol ralslngfunds 2025 2024 Cost of rai5ingfunds- relate to unrestricted funds Support Costs IseÈ note 81- rèlate to unrestritted funds Total 271,844 159,580 431,424 205,595 146,686 352,281 7, Expendlture on ¢horltoble ortlvltles 2025 2024 Grant Payabla Igoe notè 7.al- rolato to rogtrict8d funds Support Costs (see note 81- relate to restricted lunds Totsl 3,855,169 478,741 4.333,910 3,112,757 440,057 3.552,814 7A Grants Payable Grants to Institution5 Grants to Total Funds Individua15 2025 Grants to Grants to Individua15 Total Funds 2024 Institutions Ahlulbayt Foundation ALJalila Child Hosp Alulbayt Foundation Bilal Mu" .lim Mip*ion 40,000 210,260 23,815 Ig,654 56,015 2,285,777 80,238 259,030 40,0(K) 210,260 23,815 Ig,G54 56,015 2,285,777 80.238 259,030 311.529 4g.974 76,320 2,663,853 260,923 40,054 3CK>.015 129.535 3.831.203 311,529 48,974 76,320 2,663,853 160,913 40,054 300,015 153.SOI 3,855,169 Boreal Light Gmbh In Azzahraa We Trust Foundation Jabir Bin Hayyan Trust Al-Khoei Foundation WABIL nthpr Mi%r 23.966 23,966 130.561 3.104,350 8.407 8,407 138.968 3.IIZ,757 SuppDrt C05t5 Raising Fund Charitabl• Total A#isin8 Fund Ch•rit•bl• ActlvltSes Actlvltles Total 2025 2025 2025 2024 2024 2024 Office running c05t5 Administrative costs Finance c05t5 4.124 144.560 3,130 7,766 159,580 12,371 433.679 9,390 23,301 d78,7al 16,495 578,239 12,520 31,067 638,312 11,4111 123,587 7.762 6,919 146,686 25,254 370,760 23,287 20,756 4dO,057 33,672 494.347 31.049 27,675 596,713 Governance costs Total Support costs are allocated in line with the usage by each activity.
The Zahra Trust Notes to the financial statements Icontinuedl Year ended March ZQZ5 Net income Net income is stated after charging I Icreditingl 2025 2024 Fees payable to auditors (net of VATI Depreciation of tangible fixed assets Exchange Ilos31 / gain 20,3CKI 25,533 4,293 20,300 24,100 2,984 10. Govemance c05t 2025 2024 Governance costs- audit fees 24.360 24.360 13 Governance costs- leRal fees Total 31.067 24,373 11. Auditors remuneration 2025 2024 Ayditor'3 remuneration 24,360 20,300 12. staff costs The total staff costs and employee benefits for the reporting period are analysed as follows.. 2025 2024 Wages and salaries Social s@curity Costs Ernployer contributions to pension plans 362.208 34.569 I,OU4 397.781 281,775 26.542 1,1102 310,119 The average head count of ernployees durin8 the year War 2025 2024 No. 12.5 No. Number of Staff 10.0 No employee received employee benefit5 of more than E 60.000 during the year12024'. nill. Ihe trustees are the key management personnel who are not remunerared for their 5eNices to the charitv. 29
The Zahra Trust Notes to the financial statements Icontinuedl Year ended March 2025 IY. Tiu)le¥ r¥munerdLivn lind During the year, no Trustees received any remuneration12024'. none). Durin8 the year. no Trustees received any benefits in kind12024: none). During the year. no Trustees received any reimbursement of expenses12024: none). Trustee expense5 There were no trustees, expenses paid for the year ended 31 March 2025 noi for the year ended 31 March 2024. 14. TanBlble fixed assets Freehold Other Computers equlpmÈnt and SoftwarÈ and fittings Fixtures property Total Cost At l April 2024 Addltlon5 1,451.351 18,607 2,124 20,731 11,978 5,888 17,8GG 37,347 8.164 1,519,283 16,176 At 31 March 2025 1,4ul,3Jl I,u3J,4J9 Depreciotion At l April 2024 Charge for the year At 31 March 2025 12,498 12.498 24.996 10,830 2,475 13,305 7,371 3.464 10,835 17,126 7,096 24.222 47,825 25,533 73.358 Carrying amount At 31 March 2025 1,426,355 1,438,854 7,426 7,777 7,031 4.607 21,289 20,221 1,462,101 1,471.459 At 31 March ZOZ4 IS. Stoek 2025 2024 Shop stock 7,995 5,856 16. Debtor5 2025 2024 Trade debtors 32.762 158.827 IYl,511Y 1.181 52.990 54,171 Other debtors
The Zahra Trust Notes to the financial statements Icontinuedl Year ended March ZQZ5 17. Creditors.. amoiints fallinE due within one year 2024 Bank loans and overdrafts 9,809 10,192 Accruals and deferred income 24.S51 26,899 Social security and other taxes Pension 22.835 16,329 345 150 57,345 53,765 18. Credttors.. amounts falllng due after more than one year Z5 2024 Bank loans and overdratts 65,370 ti8,505 An analysis of the maturity of loans is given below.. 20Z5 2024 Amounts falling due within one year on demand Amounts falling due within two and five years Arnounts falling due in more than five years 9,809 10.192 39,234 40,766 ?A,l7fi ?7,739 The loan wa5 originally taken out on 10 February 2018, with an initial interest rate of 3.5% and the remainin8 terrn of the loan is Ilyears and 11 months. 19. Chai¥¥- bank lua There is a charge by Barclays Bank plc in respect of the Charity's PToperty. The charity Wilh full iitie Euarantee charEe5 by way of a legal mongage on Ihe propeny known as 53lvaiion Army Hall, Barnfield Road, Edgware, HA8 OAY. including 311 buildin85 now or to be erected thereon and discharge to the bank on the demand bv the bank of all the liabilitie5. 20. Pension5 and other post-retirement benefits ripfinpd rnntrihijtinn plAn The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £ 1,00112024.. £1,802). 31
The Zahra Trust Notes to the financial statements Year ended March ZOZ5 21. Analysis of Chariiable funds Unrestrirted funds- The foundation fund represents the costs incurred and capitalised a5 Charity's property, intended for txtendinB its ¢haritable artivilies and is bein8 used a$ such. At At l Aprll 2024 Income Expendlture Transfers 31 March 202S General funds Foundation- designated fund 579,798 1,392,762 1,972,560 1,779,326 1439.2121 1427,9841 15,8401 1439,2121 1433,8241 1,491,928 1,386,922 2,878,850 1,779,326 Resirirted funds At l April 2024 At In¢om• Exp•ndltur• Tr¥nsf•rs 31 Mar¢h 2015 Orphans. widows, poor and vulnerables Khums 308.723 1308,7231 953.742 11.061.075) 81,324 1147,3121 83,700 183,7001 5.244 15,2441 826.948 11.260,7721 1,413,182 11,009,703) 290.665 1290,6651 145,086 1166,7161 4.1nA.fi14 14.411.91ni 107.??4 65.Yl411 WASH Education He3lthcare rielisious oblisation3 Emergency and rÈliel Poverty and hunger eradltation Yemen Aid 433.824 150,594 554,073 205,135 £?9.nsn 183,505 717.57% 411.A?4 Total 2,501,610 5,887,940 14,773,122) 3,616,428 Orphans, widows. poor and vulnerables Orphans.. The charity provides the essentials including food, shelter, winter packs and clothing to orphans in in many regiions including, Iraq, Pakistan, Afghanistan, Syria, Yemen and Africa. Khum5.' This 15 an obli8atory rg1i8lOU5 tax of 20%. To be &pent on poor5, n99dy. 5ygds gtc. Thq fund 15 mostly used to n99dy and vulnerables, widows, people on religious services etc. at the discretion of the trustees. WASH.. The charity run5 project5 in rnany region5 to provide safe drinking water, sanitation and hygiene. During the current year gxtpngivp wAtgr <anitAtinn and gnlar a%Ei%tpd watpr wpll prngr2mmp% wprp pxgcijtpd in v2riniiq part% nf thp wnrlrl whprp pprjplp o not have access to water. Education and healthcare.. continuin8 educational, medical and humanitarian support are provided to Muslim community in Myanmar. Medical SUDPOrt are Drovided to the needv who are sufferine from medical ailments. Such medical suDport includes medical c1inic5 which are set up in area5 where acce55 to medical facilitie5 are Scarce. Poverty and hunger eradication.. We provide life ¢hanin8 a£gistan£È t¢ thÈ poor and vulnÈrablÈ pooplÈ around thÈ globe. It in¢ludÈg providing blankÈt$ at)d tÈnt$ in Wintor, supporting vulnerable familites with food and shelter. and empowering communities by helping in earning livelihood and providing skill and support to start small businesses. Syria and Yemen-. To provide relief and poverty aid to the needy in Syria and Yern@n Emergenry and reliet.. To provide basic tacilities and temporary shelters In contlicts ri(Jden countries, on-going war iones and people affected frorn natural calamitie5, Cotnrnunal conflicts,. during and post conflict sufferings. Rel105 obligations.. To provide relieious rituals, ceremonies and obligations, ramadhan and mosque attivities. 32
The Zahra Trust Notes to the financial statements Year ended March ZOZ5 Analysls of charltable funds- 31 March 2024 Unrestrlcted funds At At l Aprll 2023 Income Expendlture Transfers 31 M•rch 2024 General funds Foundation designated fund 4(Kl.789 993.862 1,394,651 1.487.869 1371.7021 1937,1581 398.900 1371,7021 1538,2581 579,798 1,392,762 1,972,560 1,487,869 Re5trlcted funds At At l Aprll 2023 In¢ome Empenditure Transfers 31 March ZOZ4 Orphans, widows, poor and vulneratlles Khums 324,088 684,515 149,334 1324,0881 1577,1821 1212,6691 l?fi?,A671 1161,8601 1660,5021 1679,2841 95,797 1163,9091 19,903 157,0681 211,493 1453,3851 2,414,3GG 13,JJ2,8141 107,333 65,988 WASH 129,323 FdiJrAtir>n 1qfi,7fi7 86,448 168,293 Healthcare Religious obligations Emer6ency and relief Poverty and hunger eradication Syria Aid Yemen Ai 75,412 492,209 534,363 29JiJlJ lJOJJ94 68.112 18,638 18,527 447,027 1,129,240 205,135 J29,OJO J38,2J8 Total 2,523.891 3,902,235 3,924,516 2.501.610 22. Analy515 of net a55ets between funds Unrestricted Restricted Total Funds Total Funds Funds Funds 2025 2014 Tangible fixed assets Current a55ets 1,462.101 1,539,464 57,345 65,370 2,878,850 1,462,101 2,277,042 57,345 65,370 737,578 3,616,429 1,471,459 1,152,421 53,765 68,505 2,501,610 737,578 Creditors Ic: than l year CreditOTS greater than l year Net assets Anolysis of net ossets between funds- 31 March 2024 Unrestrlcted Restritted Total Funds Total Funds Fund5 Fund5 2024 2023 Tangible fixed assets Current assets 1.471.459 623,371 53,765 1.471,459 1.152.421 53,765 1.380.565 1,564.503 62,428 3i8,749 2.523.891 529,050 Creditors less than l year Credltors greater than I year Net assets 1.972,560 529,050 2.501.610 33
The Zahra Trust Notes to the financial statements Year ended March ZOZ5 23. Capital commitments The Charity had no operating lease or capital commitments at the year-end. 24. Related parties One of the trustee5 made donations to the Charity in the sum of £ 3,640 during the ye3r12024.. £3,6401. 25. N•t d•bt r•conclllatlon At l Aprfl 2024 other non Cash changes Cashflow At 31 March 2025 Cath 1,092,394 985,064 2,077,458 Bank loans and overdrafts lil,bYI 15,51151 Net debt reconcillation- 2024 other non Cash changes At l April 2023 Ca5hflow At 31 March 2024 Cash liJ51,099 1458,70SI 1,092,394 Bank loans and overdrafts 386,703 1308,0061 78,697