REGisfERED COMPANY NUMBER: 0681)fa57 (England and W91¢*)
REGISTERED CHAIUTY NUMBER: 1131861
REPORT OF THE TRusfEES AND
FINANCIAL 8TATEMEwr8
'UK'I'HE YLAK LIYDLD 31 JANUAKY 21124
FOR
TIIE EMAAN TRusr or SiiE4 rriELD
(A LUMPAiYY LIMI'I'ED IIY fyUAKAN"I'Lk}

THE EMAAN TRusf OF SHEFFIELD
coNTE￿￿s OF THE FINANC14L STA"I"EMEIYTS
FOR THE YEAR ENDED 31 JANUARY 2024
Page
Reyurt of the Truslff5
R¢port ofthc llldcpclldcnÉ Auditors
St*temellt of FinanciAI Artivilies
Balance Sheet
Cash Flow Slatement
iu
Notes to th¢ Fittancial Stat¢mc#ts
12 to 18

THE EMAAN TRI1￿ OF SHEFFIELD
REPORT OF THE TRUSTEES
FOR THE YEARENDED 31 JANUARY 2024
The tnistees who are also direetors of the charity for the pur[￿￿ of the Companies Ad 2006. present their re￿rt with the
financial statements of the charity for the year end￿ 31 January 2024. Th¢ trUs1￿S have adopted the provisions of
A¢¢owiting alld Reporting by Charities.. StateEn¢nt of Re￿￿￿ended Practice applicable to charities preparing their
ounts in accotthnce with the Financial Re￿rtIng Standard applic4th1e in the UK t￿d R¢public of ]￿land (FRS 102)
(effective l January 2019).
OWECTIVES AND AcfiviTIES
Objectives and aims
The Charity's objective and its prin¢iFal activity continues to be the establishment of a centre for ¢omniuDity sÈrYi¢es to
fulfil the religious needs of the Muslim cornmuniry and ￿ provide services to the wider communities in Sheffield and th¢
SUTrounding areas.
These services include:
- To relieve ￿)Vety by the provision of advic4 fllwlcial and other assistance lo in n¢e4 hardship or distress.
- To advanc¢ cducation for thc public b¢ncfit.
- To presetve and prOt￿t g(¥￿1 health forthe public benefit.
- To provide facilities in the interests of social welth for the rttreation and other leisure time pU￿ll1ts of those WIM) are in
The r.h2rity r.ontiniies tn explnre ne.w w2ys nf impmvin8 the. cnnditinng nf individiials The. c.harity is organised so that the
Trustc¢s m¢¢t rcgularfy to manag¢ its affairs.
There ig a fundraising consultant supporting the trustees fundtaising stratsgy. together with the admin staff and volunteers
the trusiees manage the adminiStr￿lon of the chariry io oversee the compilation of the cenTre and organlse fundraising
initiatives. New Trustees are only recnEited and trained when a Trnstee leaves histher position or a strategic need arises.
Yublic benefit
The Charity is a public benefit entity and the Trustees confim) that they have eornplied with the requirements of section 17
uf Cli￿lL1￿5 ALL 2011 lu Imvr dur ir8dtd Lu yublii IKiirfiL ¥UlLI￿lL￿ publisliril by cli<￿IlY CvtnJni55iun fur
England and Wales.
STRATEGIC REPORT
Athi•v+ment p+rforni*ne•
Charitable activities
The Trust had been ¢losed dunn£ the lockdown peri(Ml as per the (iovernment 2uidelines. The had re-opened
following lockdown whilst maintsining the social distsncing njles at a reduced capacity, only otTering the bare minimuln of
b¢rviws intiludin¥ th¢ Ifuily prdy¢Tr dnd fvr Riundddn.
Fundraising 4¢tiviti
The C'han"ty raises funds through appeaIs carried out by il's own Trustees and volunteers. Il doe5 not Work with professionai
fimdraisers. No complaints have been received by the Charity regardin8 It's fitndraising during the year.
The Charity obtains most of it's funding from organisations and individua]s. who have previously contributed to it's
funding, and as such does not ne￿ to ¢any out many appeals.Th¢ Tn￿t￿. ar¢ Yery careful not to ttsrgct their appeals ot
vulnerable people and would noi accepT fi￿dS from such individuals.
Pag¢ I

THE EMAAN TRusf OF SHEFFIELD
KLPOK'I. OTr"I"HE 'I'RUS'I'LES
FOR THE YEAR ENDED 31 JANUARY 2024
S'I'IiA'I"LGIC REPOR"I'
FinAnei41 review
During the year the Tnjst raised £l.Im (2023: £1.8m} and spent £242k (2023: £1 I Ik) on revenue activities and £l.Im
{?0?3:£1.Sm) on th¢ Islamic C¢ntre.
Tbe totsl carry forward reserves of the Trust st(th at £8.52m (2023: £7.62m).
Reserves policy
R¢stri¢t¢d r¢s¢rves stood at £4.gm (2023: £3.82m) and utJrestri¢t¢d trs¢rv¢s at £3.7￿?rn (2023.. £3.8rn).
The Tn].qtees have ¢onsidered the level of reserves and found them to be &lequate for meeting the immediate and future
nccds of thc Tr￿*t.
Going concern
Th¢ Trust￿5 wnsidcr that th¥T¢ tnatrtidl unL¢rtsinlits diM)Ut th¥ LhaTity5 ability to CODtinue as a going con¢ern.
STRucfuRE, COVERNANCE AND MANACEMETrtr
Governin% document
The charity is controlled by its governing theuTnenL a deed of trus¢ gnd constitutes a lirnited company? limited by
guardnlcc, by th¥ CuJnpdlli¥S ALI 2000.
Em(LOm Trust w￿* founded in 2004 ond wos ttgistered os incorpornted charity with UK Chority commission in 2009. Th¢
ompany is a private limited eompany limited by guarantee ineorprnted on 30 January 2tM)9 and is governe(i by its a￿"cleS
of aggoe.iatton (Articles). In the event the charitable eompany is woiind lip membets ryuired to contribute an gmow)t
not ¢K¢¢¢diiig £1.
Emaan Tn￿t seeks to establish an Islamic centre in order to fulfil the religious ne&ls of the surrounding Muslim
¢ommuniTIes and ￿ provide seryi¢es TO the wider communiry In Sheffield and surrounding areas.
lkncruitm¢nt and appointment of trnste
'I'he new 'linslees are bneted on thew le£al obligations under charity laws and reRulations, the Committee and decision
making process, the recent financial perforniance and the futu￿ plans and objectives of the charity. They a]so meet other
Trusiccs Jnd ihc ctnployccs.
Org#niJatioDal structure
The tK)ard of Truslees administer the charity through cornmitt¢es, contr￿rS and one fidl time employee. The staff
the. dAy to A2y npp.rntinnq nf thp r.hArity whiltr. thp rnnfrxrtors gnA the. eonslnic.tion cfjmmittee. oversee the
constru¢tÈon of th¢ c¢ntr¢. To facilitatc ¢ffcctiv¢ opcrntions th¢ knard ha￿ nominated TtU5tCf5 and dclc8aknl audioi.ity to
oversee operational matteTS Includin￿ Finance, LeRal and donah.on makin
liey management remuneradon
There is no Management Personnel emplnye(L the Director.8 wh(1 are al￿ the TnL4l￿s nf the c.harity. m2n2ge the smnnth
nmning of thc Charity, and do not r¢¢¢ivc any rcmuncntion
Risk mAn%gement
Reyutdtiuij iisk
Negative PR can damage the Trusls standing and reputslTon with donors.
The Trnst Board includes experienced profe&sionals that actively ove1￿ the wotk of the TntsL The Trust ha% also ¢ngaged
l¢gal and finance professionals to manag¢ legal and financ¢ risks.
Lack of funds
This can delay the construction and completion ot.the Islamic centre.
Th¢ Truste¢s have ¢ffective fund raising plans in place to engure fi￿dS sre raised in a timely manner. During the year key
Thistees with vatious fvnd rdisers trdvel K) the Middle Easi and liaise with donors ￿ ensure funds are raised in a iitnely
manner
Page 2

THE EMAAN TRUST OF SHEFFIELD
REPORT OF THE TRUSTEES
FOR THE YEAR E,YDED 31 JANUARY 2024
REFERENCE AND ADMINISTRATIVE DETAIiS
Regi$tered CompAny number
06806357 (England and Wales)
Regist¢r¢d Chority number
1131861
Registered office
Shettield (irand Mosque
Grimesthotpe Road
Sh¥Ifi¥ld
South Yorkshire
84 8DE
Trn$tees
Mr Hameed Al-Asaly
Mr Abdulmalik Alsanabani
Mr AbdCr￿zylIq Bougarn
Mr AbdulK¢hman Hu55ein
Mr Ali Al Batati
Mt Mdtk Bvillai￿1
Auditors
Shareef
qtsknitnry AiiAilnrs
4 11ighlands Court
Cranmore Avenue
Solihull
West Mldlands
B90 4LE
I'I'A'1'LML￿.ll. UTr'"I"KUS1'LLS' KL5YUIYSIBILI"I'IES
The trustees (who are also the directors of The Em2an Trust of Sheffield for the purw)ses of compsny law) are responsible
Ivr p￿P(Will¥ dir R¥purt vf T[usl￿￿ 4U]d r￿lu]LIal s￿M￿n(S in <wrdance with applicable law and Unitr
King(lom Accounting Standards (United Kingdom Generally Acceptrd Accounting Practtce).
Company law requires Ihe trustres io prepare financial stakvnents for each fitwicial year which gve a true and fair view of
the. qtate. nf Affairs nf the. e.h2ritAhlp. rnmpxny 2nd rbf the inrnming resoiiweg and application of resources. including the
inGom¢ and ¢Ap¢nditur¢, of thc charitablc company for that p¢rithl. In pttpatins th0￿ fina]IGial stat¢iiic1￿, thc tsustCC5 ai¢
required to
s¥1￿￿ Suitdblc aLcountin¥ tx)licics avtd thcn apply thevn consistently"
observe the methods and principles in the Charity SORP:
make judgements And estimgrtC5 thut arc rcasorhablc ond prudcnL
slate whether applicable accounling slandaTds have followe¢ sllbj￿t to any matenai departures disclosed and
e.xplaine.d in the financial statementg.
Pr¢p￿.¢ fli1￿)￿tal stat¢iii¢nts oil dic goillg C{Mi￿lI1 basls wll¢ss it is itfdVPiUVfidLr lu prrbuiiir ¥li¢withI¥
company will continue in business.
The tsU￿eeS are responslble for keeplng proper accounting r￿ordS which disclose with rea￿nable accurdcy at any lime the
financial rxisitinn nf the charitahle cnmpany and tn enahle them In ensure thAt the finAnci%l £tAte.me.nls cnmply with the
Companic3 AGt 2006. Thcy are a130 r¢3ponsibl¢ for saf¢guarding thc a33cts of thc chatitablc tornpany and IIciiGC foi" takijig
re&wnable steps for the prevention and dd¢¢tson of fraud and other irregularities.
P4g¢ 3

THE EMAAN TRUST OF SHEFFIELD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 JANUARY 21124
STATEMENf OF TRusfEES' RESPONSIBILrriES- eontinued
In go far as the tntstee# are aware..
there is no relevanl audil infonnation of which the charitable (x)mpany's auditors are unawaff" and
the trustees have taken all sieps that they ought to have taken to mak¢ themselves aware of any ￿levant swdrt
infomiation and to establish that the auditors atr aware of that infonnation.
AUDITORS
The auditors Shareef. will be prowsed for re-appointment at the forthcoming Annual General Meeting.
Rep)rt of the trustee& inCor￿rating a strategic reporl approva by order of the knard of trustees, as the
company directors, on 27 Noember 2024 and signed on the Ix)ard's behalf by
Mr Abdu
man Hussein- Trnstee
Page

REPORT OF THE INDEPENDELYf AtiDITOILS TO THE TRusfELS OF
THE EMAAN TRUST OF SHEFFIELD
Opinioll
We have audited the financtal statements of The Em2an Trust of Sheffield (the 'charitable company) for the year ended
31 January 2024 which comprise the Statement of Financial Activities, the Balance SheeL the Cash Flow Statement and
nntes In the financial statements. including a %iimmAry t)f &ignÉfic2nt atetsiinting ￿lif.7e$ The financial rep)rting frgmewo
that has been applied in their preparation is applicable law and Unit¢d Kingdom Accounting Sthndards. (United Kingdom
Generally Accepled Accounling Prdctic¢}.
In our opinion the finan¢ial slatrments:
give a true and fair view nf the gtat¢ of the charitable compony's affairs as at 31 January 2024 and of its incoming
resources and application of resourccs. including its incomc and expenditure. for the year then ended.
have been properly prepared in accordance with Unit￿1 Kingdom (Jen￿lY Accepted Accountmg Practice. and
have been prepared ID accordance with the requirements of the Companies Acl 2006.
Basis for opinio
Wc conduct¢d our audit in accordtmc¢ with Int¢rnati<)nal Standards on Auditing (UK) (ISA3 (UK)) and appli¢abl¢ law. Our
responsibilities under those standards are fiwther described in the Auditors. resrx)nsibilities for the audit ot" the tinancial
statements section of our reFOrt. We ￿ independent of the charitable eompany in accordan¢¢ with the ethical
requirenienls that art relevant lo our audil orth¥ fill￿￿1d1 sLd¥tn¢nts" in the UK including the FRCS Ethical Stsndard, and
we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the aiidit
CvidCn￿ w¢ hay¢ obtsincd 13 suifici¢nt l￿d typropriat¢ to providc & b￿15 for our opinion.
Conclusions re19ting to going eoncern
Iii dudiLiii¥ fili￿lL1d1 sldLriIiriiLs. wr lidvf LVIILludd LtkL5I￿. us¢ vf th¥ wnixTn bab'is of accounting in the
preparation of ihe financial statements is appropriale.
Based on ihe wotk we have performed, we havc noi idemified any materiat uncenainties relating w events or conditions
thAt, individiiAlly nr cnllectively. MAY C*St .qignific2nt dt)iiht nn eharFtahlp. eAJmp3ny's ability to continiie ag a goin£
on¢¢Tn for a pcriod of at l¢ast Iw¢lv¢ months from wh¢n th¢ finan¢ial stat¢mcnts arc authoti5tsJ for i55UC.
Our responsibilities gnd the responsibilxtles of the trustees with respect to goin8 concern are describ¢d in the relevant
seciions of this reFX)fL
Otber infornhatio
"I"he trustees are responsible lor the oth¢r information. lh¢ other inlomiat]on comprises the infonnation mcluded In th¢
iknniial Rewrt. other than the f￿anCIal statements and our Re[￿ of the Independeni Auditors thereon.
Our opinion on the financial statements does not cover the other infornlation and except to the extent otherwise explicitly
sttstsd in our repor¢ we do not express any forni of &ssurance Cl>ncl￿1On therwn.
In r.nnnp.c.tinn with otir AiiAit nf the. frn2nr.ixl qtAtpmpnts niir res￿￿￿1h11ity ts tn trad the other infoTmation and. in doing so.
¢Oll5id¢r whcthcr the othcr inforniation i5 matGrially inconsi5tcnt with th¢ financial 5tatrm¢nts or our knowl¢dg¢ obtain¢d in
the audit or otherwise appears to be matenally misstated. If we Identify such malenai mc4)nsistencies or apparent material
misstatements, we are required to d*emiine whether this gives rise to 8 malerial misstatement in the financial statements
Llieiiisrlves. Ir, b415rd uii Llir WUFk wr Iidvf peifuttiird, wr LUIILludr didL IS il [[]iss￿￿￿¥￿L uf this uth
inforniation. we are required to report that fact. We have noihing to rewrt in this regard.
Mallers on whieh we are required to repon by exceptio
We have nothing to rewrt in respect of the following matters where the Charities (Accounts and Rewrts) Regulations 2008
1¥4uiiri UJ iv Jrwil iu yvu if, ui VLU VPitIiuu.
the infotmation given in the RetK>rt of the Trustees is inconsistenl in any mafrrial resrKd with the financial statements:
or
the chariiable company has kew adequaTr accounting records" or
the financid statemcnts are not in agrccment wtth the accounting rc£or(Ls and re￿r[L$. nr
w¢ havc not rccciv¢d all th¢ infornhation and ¢xplanations wc r¢quirc for our audit
Pag¢ 5

REPORT OF THE tNDEPENDEwf AIIDrroiLS TO THE TRIISTEES OF
TIII EMAAN TRusf OF SHEFFIELD
Responsibilities of trustees
As explained more fully in the Ststement of TTUStees' ResFx>nsibilities, the th￿Stee5 (who also the directors of the
charrtable company for the purpos￿ of company law) are resw>nsible for the preparation ot.the financia] statements and for
being satisfied that they give A knie and fair view. and for such internal control as the tnastees deterniine is necessary to
¢nabl¢ the preparation of fitlancial statements that f]Ee from material mi55tatun¢ni whcther due to fraud or ¢nr>r.
In preparing the financial statements, the trustees are resPo￿lb1¢ for assth-ing the charitablc company's ability to continuc
as a going concern, disclosing, &5 applicable, matters related to going concern and using the going concern b￿15 ot
accounting unless the tnjslees either intend to liquidate the charitable company or to Ce￿ operation& or have no realigtic
altern&ive but to do so.
Our r¢sponsibili¢ies for thv audit of the fin￿ne￿I ststemeDts
We have been appoin￿1 as audiiors under Secllon 144 of the Charities Aa 2011 and reFK)n in accordance with the Act and
relevant regulation.q made or having effect thereunder.
Uur objectives are to obtam reasonable a￿uranCe alKMrt whether the tinancial slatements as a whole are free fiDm mafrrial
misstatemen¢ whether due to fraud or error, and to issue a Rew)rt of the Independent Auditors that includes our opinion.
Reasonable &ssurance is a high lev¢1 of assurdnce. but is not a guardntre Ehat an audit conducted in accordance with ISAS
) will always detect a Tnaterial misstatement when it exists. Misstatementq can aris£ fmm frAEJd nr e.rmr and att
¢on5idered motcrial if. indiyidually or in th¢ twgat¢, th¢y could T￿OnablY bc cxp¢ct¢d kn influcnc¢ thc ccononiic
decisions of ￿serS taken on the basis of these financ￿1 statements.
Tlic txlciil Llp wliiLIi VLU pjwrdwrs ￿prfbI¢ vfdrirLliIi¥ it[r¥u1É￿ilI￿￿, iniludin¥ frdud is detailed below:
Based on our understandins of the Charity and industy, w¢ id¢ntified thot the PTincipal ri3ks of non-eomplian¢¢ with laws
and regul&ions relaied io employment laws and tsxes, and we considered the extent to which non-compliance might have a
mxteriAI e.ffe.rt on the. finanr.iAI qt2te.ments We. also considered those laws and regulations that have a direct Impact on the
pr¢paration of the financial statenients such a5 the Conipanies Act 21)06, FRS 102 wid t]1¢ Cli￿at1￿5 SORP. W¥ ¢vdIu￿¢￿
manaRement's in¢enlives and oprrf)rtunilies lor fraudulent manipulation of the flllancial statements lincluding the risk of
override of controls). and detennined that the principal risk8 were related to w>sting inapproprial¢ joumal entries to achieve
d¥51￿￿ fin<illLidi ILsuILs th¢ ￿￿￿1pulatI(Trn vf ¢x(¥piionJ] ii¢ms and managemeni bi&s in accounting esiimates. Audli
procedures perfornied by the engagement leam included. but were Th)t limited to:
enquiries with managemenl And the
Company's l¢gal ¢ouns¢l {int¢mal and wh¢r¢ rclcvan¢ cxt¢rnal), including con3idcFation of known or Sus￿¢t¢d instanGC5
of fraud and non-compliance with laws and regulalions and examining Sup￿rtIng calculattons where a provision has been
made in regpect of these; re2din8 key corresp)ndence with regulatory authorities in relation to ¢omplian¢e with certain
tiiipltjyiiiriii law) iuid uidiiriL Ldx iiiall¥is,
wid¥1s￿l￿1li¥ ryd1￿￿1￿ dir imp1cm¢n￿IOll of Tnanagements
controls designed to prevent and detect irregulariti¢s: _ Challenging assutnptions and judgements made by management in
theÈr significant accountins estitnat¢4 in partt¢ular. in relation Io Wolri¢ted funds- identifying ond tcsting joumal cntrics,
in particular any journal envies posied with unusual accouni combinations and FK>Stings by unusual users; Th¢r¢ are
inherent limttstinns in the atidit pmcediireq descrihed aknve and the fi1rth￿ rpmnv*d non-r￿Mpli￿nce wtth laws and
rcgulations is from thc cvcnts and tran￿tiOnS refiected in the financial stat¢m¢nts, thc Itss likcly we would twtne aw￿"¢
of it. Also, the risk of nol detecling a matenal mi&statement due to traud is hiAher than the risk of not detecting one
resulting from error, xs fraud may involve deli￿rate concealmeni by? for ewampl4 forgery or intentional
A fiJrth¢r des¢ription of our T￿ponSibl]It1¢S for the audit of the fll)ancial statemcnts is lo¢atd on th¢ Financial Rcportins
Council's Websi￿ ai wwiv.frc.org.ukl8uditorsrestrf)nsibilities. This de￿IPtIon forn]s part of our Rew>rt of the Independent
AiJditrtr8.
p￿t6

REPORT OF THE IIYDEPENDENf AUDITORS TO THE TRusfEES OF
THE EMAAN TRusf OF SHEFFIELD
Use of our report
This report is made solely to the charitabl¢ company's tr¢￿tee& as a EK)dy, in accordance with Part 4 of the Chariti¢s
(Accounts and Reports} Kegulatt'ons 2tK)¥. Our audit work has been undertaken so that we mi&ht state to the charitable
company's truslees those matters we are required to state to them in an auditors, Teprt and for no other purp)se. To the
fullesl extent permitted by law, we Ik) not accept or a55ume re5Wll5ibÈlity to anyone other than the charilable company ond
th¢ charitable company's trust¢¢s as a ix)dy, for our audit WOTk, for this reporL or for the opinions we have fonned.
Shareef
Statutory Auditors
Ellgible to aci as an audltor In i¢mis of s￿on 1212 of the Companles Act 2(KJO
4 Highlands c.ourt
Cranmorc Av¢nuc
Solihull
West Midlan&
B90 4LE
27 NoYcmb¢r 2024
Pag¢ 7

THE EMAAN TRUST OF SHEFFIELD
STATEMENT OF FINANCIAL AcfivITIES
FOR THE YEAR ENDED 31 JANUARY 2024
2024
Total
funds
2023
Total
funds
Unrestricted Restricted
fund
fund
Noles
INC.nMF. AND F,NIK)WMF.NTS FROM
Donations dnd 1¢g￿l
157W7
984ffj62
1,142,059
.771,377
Investment income
81
Total
984,662
1,142,(166
.771.458
EXPENDITURE ON
Raising funits
136995
136,995
83,062
Charitsblt atlivitits
Masjid Activities
113J66
113J66
27,906
To￿1
25llaOI
110,906
NL'I. ILYLVMEI{LXPEIYDI"I'UKL
Y2¥57 }
YH662
¥91.7U5
1.660.490
RECONC.ILIATION OF FUNDS
Total funds brought forward
3,799ffi35
3￿0555
7ffi20,190
5,959,700
TOTAL FUP4DS CARIUED FORWARD
3.70A678
805817
11,895
7,020,190
Th¥ UULVS. furill Pdtl uru]￿ fiii¢UILidl stslluIi¥Jiis'
Vage 11

THE EMAAI¥ TRusf OF SHEFFIELD
BALANCE SHEET
31 JANUARY 2024
2024
Total
funds
2023
Total
funds
Unrestricted
fund
Restrided
fund
Note5
FIXED ASSETS
Tansible aS￿e
li
3,60&488
4,781458
7,219,757
CURRENf ￿ETs
C&sh at bank
22.759
128561
413266
CREDITORS
Amounts falling due within one year
12
(50912)
(5.612)
(12,833)
NL'I. CUIUIENT ASSETS
I￿,190
22.759
122,949
41)0,4.11
TnTAL ASSEIS LESS cifRRENr
LIABILITIES
1706,078
4W5217
s￿11,895
7,620.190
tYET ASSETS
3,7￿078
4W115317
511,1195
7.620,190
13
Unrestncted fijnds
Restricted funds
3.706.678
4805217
3.799.635
3,820,555
TnT AI.. FtINDS
S511￿95
7,6?0,190
The charitable compgny ig entitled to ¢x¢mption from audit under Section 477 of the Componics Act 2006 for th¢ y¢ar
¥nd¢d 31 Y￿uary 2024.
Thc mcmbcrs hav¢ not d¢positcd noti¢¢, pursuant to Scction 476 of th¢ awnpani¢5 Ait 2006 rquii.iiig ati audil uf dir)r
fmancial statements.
Tlir Irusl¢¢b ￿￿knu￿1¢xl¥y th¢ii ￿￿￿0￿51b11itics for
(a)
ensuring that the charitable company keeps accounting records that comply with gecti(Jn* IRfi And 187 of the
Companies Act ?006 and
preparing financial statements which give a mie and fair view of the state of affairs of the chan"t2ble company as at
the end of e&eh financia] year and nf itq sijrpliis nr defieit for each financial year in accordance with tbe
rcquircmcnts of Sections 394 and 395 and which oth¢nvi5c coniply with tli¢ ic4uiiuiieiits uf L71¢ CuiJ]pi￿ll¥S ALt
2UU6 relattng lo tIllan￿al statement% so tar as applioble to the charitable company.
(b)
TIics¥ findllLidl 5td¢¢m¢nt5 have been audiied under the requiremenLS of Seaion 145 of ihe Chariiies Act 2011.
Th¢ financial statements were approved by the Board of .1"n￿le¢S and authonsed tor issue on 27 November 2024 and were
signed on its be.half by..
Mr AbdulrahmaD Hu&8¢in- T￿￿t¢¢
The noles fonn pan of these financial sMements
Page 9

THE EMAAN TRusf OF SHEFFIELD
CASH FLOW S-I"A'I'EMEN'f
FOR THE YEAR ENDED 31 JANUARY 2024
2024
2023
Notss
Cash flojvs fTOm operating acttvities
Cash generated Irom operalions
893260
1,633.829
Net cash provided by operating activities
893260
1,633.¥29
Cash flows from investing activities
Pur¢h4se of tangible fi.xed assets
Inieresi received
(1.177972)
{1.507,805)
81
N¢t cash us¢d in invcsting activiti¢5
(1,177,905)
(1,507,724)
r¢porting period
Cash alld rash equivalents at the bewnlling
of the reporting poriod
(2847115)
126,105
413266
*87,161
C.Aqh eA.$h eqiiivAlents a7t the end otthe.
reportillg period
128561
413,266
The nnte% fnrni pxrt nf the%e finaneiAI qt2ternent%
Page 10

THE EMAAN TRIJST OF SHEFFIELD
NOTES TO THE CASH FLOW sfATEMEYr
FOR THE YEAR ENDED 31 JLNUARY 2024
RECONCILIATION OF NET INCOME TO NET CASH FU)W FROM OPERATtNG A￿1VITIEs
2024
2023
Net income for the reporting period (as per the Statement of Financial
Adiviti¢g)
Adjustments for:
Depreciation charges
Inlerest re¢eiv¢d
Decrease in cteditot
891,705
1,660,490
8,783
(7)
(7221)
307
(81)
{26,887)
et ￿sh provided by operJtiolls
8932lJO
1.633,82Y
ANALYSIS OF CHANCES IN NET FUNDS
At 1.2.23
Cash flow
At31.1.24
Net cash
Cash at bank
413266
(284,705)
I28￿1
413266
(284.705)
128561
Totsl
413266
(284.705)
I2￿1
The noles forni part of these fin3ncial statements
Pogcll

THE EMAAN TRusf OF SHEFFIELD
NOTES TO THE FINANCIAL STATEMENJS
FOR THE YEAR ENDED 31 JANUARY 2024
ACCOUNTIL¥G POLICIES
B#si% of preparing the financial statements
The financia] stxtements of ihe charitsble company, which 18 a public benefrt entity under FRS 102. have been
pr¢pared in accordance with the ChttrÈtiGs SORP {FRS 102) 'Accounting and Rqx)rttng by Chw"iti¢s. st￿tI]it￿l( vr
Recommendcd Practice applicable to charities preparing their accounts An accordance with the Financial Rewrting
Standard applicable in the UK and Republic of Ireland IFRS 102) (effective l January 2019),, Financial Reporting
Stsndard 102 'The Financial Rew)rting s￿dard applithle in the UK and Republic of Ireland, and the Companies
Ad 2(106. The tinancial statements have been prepared under the histori￿ cost convention.
Income
All ineome is recognised in the Statement of Financia] Activities once the charity has entitl¢m¢nt to the funds, it is
pr(pbabl¢ that th¢ incom¢ )vill k t￿rIVed and th¢ Ix wr&suttxl rrlidbly.
Donations are recognised wh¢n th¢ charity has been notified in writing of l)oth th¢ omowit and s¢ttIcmcnt date. In
the eveni a donation is subject to conditions that require a level of wfom)an¢e by thc charity befor¢ the charity
1.4 entitled tt) the fiindq, the incnme ig de.fr.rreA xnA nnt rprngniged imtil either those Conditions are fully me( or the
fulfilment of thos¢ conditi¢)ns is wholly Iwithin the Control of the ¢liarity ￿)d il is ptvbdblv th¢s¥ Lunditions will
be tultilled in the rewrtinR periThl.
Expenditure
Liabilities are recogni5ed &$ expendithre aq s(x)n there is x legAI OT rnnslnictive obligation eommitting the ch￿lty
to that cxpcnditurc, it Is probabl¢ that a transfu of ¢CO1￿MIC tKncfits will bc i"cquiitd ui s¢(ilriiiriil ¢uid dir iuIiuunL
of the obligation can be measured reliably. Expendtture is accounted for on an accruals basis and has been
classified under headings that aggregate all cost related to the category. Where cosls cannot be directly attributed to
v￿Lu1￿￿ lirddiu¥s' th¥y Ii¢tv¥ &lluLUL¥d IL) aViiViiiV5 a ba515 consistrni with the use of resources.
Support ¢osts include central functions and have b¢en allo¢ated to (￿tIvIty c05t cotrg0ri¢3 on a basis consi3tfflt with
the use of resources, for example, all(￿Ing property costs by floor are&s, or p¢r Capit4 staff costs by the time
qpent And nther c(Ish hy their li￿ge_
Kaisin% funds
Th¢s¢ are Costs incurred in atti*ctit￿ voluntary income. th¢ management of investments and those incurred in
ading aaiviries raRse funds
Charitable *rtiTriti
Lharitable expenth.ture compnses those costs incurred by the charity in the delivery of its a¢tivtties and services for
its benefjeiarieg. It includes Ix)th costs th2t can be 211ocated dire¢ily to such activities and tho£e eogts of indjrect
iiatuie i)￿Y lo suvvuit djriii.
Covernonee eosts
These include the COSLS allrIbutable To the charÉry's Compliance with constitutional and statutory requirements.
including audit. strntegic management And tni%te£&'s Tnee.tinsFs And reimbiirsed expenses.
.1 an%ible [￿ed assets
Depreciation As provided at the following 2tmuaI ratss in ord¢r to write off each asset over its estimated useful Itfe.
Fixtures and fittings
Comput¢r ¢quipm¢nt
200/0 an reducing l)alance
25% on ¢03t
T#xAtion
The chw.ity is ¢x¢iiipt fn)iii wiwrntion t&x on its cliatitsble autivitirs.
Fund aeeounting
Unrestriued funds can be used in accordance with the charitable objethives ￿ the discretion of the thistees.
Pase 12
GontlllU¢d...

THE EMAAN TRUST OF SHEFFIELD
NO'I"LS TU THE FI.NANCL4L STATEMEiYfs- continued
FOR THE YEAR ENDED 31 JANUARY 2024
ACCOUIYllNG POLICIES- continued
Fund aeeounting
Restricted funds can only be used for particular restricted putwses within the objectq of the charity. Restrictions
aris¢ wh¢n sp¢rÈfied by the donor or when funds ar¢ rnis¢d for piirtiGular restrict¢d purposcs.
Furth¢r explanation of the nalure and purw)se of each fimd is included in the notes to the financial slatements.
Foreign currencies
Assets and liabilities in for¢ign ¢urr¢n¢ies are translated into sterling at th¢ rates of exch£thge ruling at thc
Transaaions in foreign Cu￿enCieS are recorded w the rne of exchange at the date of the transaction. Monetary
assets and liabilities denominated in foreign currenciLs at the balance sbeet date are reFM)rted at the rates of
¢x¢hang¢ pr¢vailing at that datc.
The results of oversvas operntlong gre translated 2t the average rateg of exchang¢ during the period and th¢ir
balance sheets at the rates ruling at the balance sheet date. Exchange differen¢es arising on translation of the
opening net liqetq and requltq c>f nverqe&s (bperknnnl xre rerK)rteA in nther eDmprehensive income and accumulated
in ¢quity {attributd to nOn￿ontrolling intcrcsts ￿ appropriate).
Other exchan8e differences aTe recwisd An the Statement of Fingncial Artivities in the period in which they arise
XLrpi fur".
l) exoh4mg¢ differences on transactions entered into to hedge eertain fO￿l8n currcncy risks (see aknve)"
2) exchange differences arising on gains OT losses on non-monetary items which gre reeognised in other
Goi11p￿htlI$IVC iiicoiii¢" ￿]d
3) in the cage of the consolidat¢d finan¢ial stat¢En¢nts, exchange d&fferences on mon¢tary it¢In5 receivablc from or
payable w a for¢igD operarion for which selllemeni is neither plann￿ nor likely to occur (therefoT¢ forniing part of
the net investment in the foreign operntion). which are recognised in nther cnmpTehe.nqivp. inrnmp. 2nd re￿rted
und¢r ¢quity.
CoiDg c(bDcern
Thc Thist￿5 consid¢r thaT th¢re are no materia] uncenaimies alx)ut the charlrys abiliry to coniinue as a going
concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
tK)NATIONS AND LEGACIES
Th¢ br¢al.do￿l of total donations is as folknys"
Constswction funds of £984,662 {2023 . £1.679.878) rnised for phase 5 and 6.
The trust h&8 been able to £124.412 (2023 . £64.222) fmm ￿Ls￿ e(bllettinn. nnline, V￿rA mac.hin￿ p.tc.
Grants 01 £28,985 (2023 '. £2727b) w¢r¢ raised from local authoTJty and other orgdntsalions lor events or£anised
by the masjid.
Page 13
continud...

THE E￿[4AN TRUST OF SHEFFIELD
NOTES TO THL FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 JANUARY 2024
IIYVESYMENT INCOME
2024
2023
Deposit account interest
81
RAISING FUNDS
Raising donations ind legacies
2024
2023
Raising funds
Supwjil costs
13920
123,075
2.000
81,062
136,995
83,062
CHARITABLE AcfiYITIES cosrs
Sijp￿Trrt
05ts (5¢¢
note 61
Dircct
Losts
Totals
Iasjid ActivAti¢s
62,473
113a06
SUPPORT COStS
Covern2nce
Wsts
Mwiag¢IIiuil
Fiti¢Ui
Totals
Rxising donations and le82cies
M¢￿JId ALtiviti¥5
119,476
57ffj78
215
3084
123,075
62,478
177,154
215
184
185,553
NET INCOMEI(ExpEf4DrruRE)
N¢t in¢0m&1(¢￿nditurC) is Statcd aftcr chI￿81n8/(c￿eaItitig).
2024
2023
Annual audit fee
D¢pre¢iation - owned ass¢ts
4JOO
8,783
4.200
307
Pw14
continua...

THE EM￿41¥ TRIIST OF SHEFFIELD
NOTES TO THE Tr"INANCIAL STATEMENfs- Continued
FOR THE YEAR ENDED 31 JANUARY 2024
TRUSTEESI REMUNERATION AND BENEFII3
There were no trnstees. remunerdtion or other IKnefits for the year end￿ 31 January 2024 nor for the year ended
31 January 2023.
Trustees, expenses
Th¢￿ w¢r¢ no In￿t¢¢5' ¢Kp¢n5¢5 paid for th¢ y¢ar ended 31 January 2024 nor forth¢ y¢ar ¢ndd 31 JaTruary 2023.
STAFF COSTS
2024
2023
Wag¢s and saiari¢s
18045
12,089
18,845
12,089
Tlic avcrase tlionthly numbtt of ¢mployc¢s during th¢ y¢ar was as follows:
2014
20?]
Employees
No employees received emoluments ￿ excess of i6U.()tIu.
io.
COMPARATTrTS FOR THE sfATEMENf OF FINAf4CIAL AcrivrriES
Unrestricted
fimd
Restricted
fund
Total
nds
INCOME AND ENtM)wME￿[S FROM
¢uid Ic¥dLif5
91.499
1.679,878
1,771,377
Inv¢5tsn¢nt inwm¢
gi
81
Tot*1
91,-580
,679,%7R
1,771,4.5R
EXPENDrruRE ON
Rdisin¥ funds.
83.062
83,062
Charitable a¢tiYitie8
Ma8Jid Acttvities
27,906
27,(A)6
Tvtal
110,968
110,968
NET INCOMEI(IXPENDITURE)
(19.388)
1,679,878
1,060,490
RECOIYCILIATIOIY UF FUIYDS
Total funds brought forward
3.819.023
2.140,677
5,959,700
TOTAL FUNDS CARRIED FORWARD
3,79),635
3,820,555
7,620,190
Pase IS
continued...

THE EMAAN TRU￿ OF SHEFFIELD
NOTES TO THE FINANCIAL STATEMENTS- eontinued
FOR THE YEAR ENDED 31 JANUARY 21124
ii.
TANGIBLE FIXED A&SETS
Fixtur¢s
Freehold
pro￿rtY
Computer
equipment
fittings
Totsls
cosr
At l February 2023
Additions
721&835
1.135205
1229
7220,064
,177,972
41767
At JI January 2024
8J54,040
44767
IA29
8J98,036
DEPRECIATION
Ai l F¥bTU[￿ 2023
Charge for year
307
230
307
8.783
At 31 January 2024
8553
537
9.090
NET BOOK VALUE
At.31 January 2024
8J54.040
34214
692
XJXA,946
At J l January 2U2i
/Jix.¥i)
Y22
7,21Y,757
12.
CREDrroRS: AMOUNfs FALLING DUE WITHIN ONE YEAR
2024
2023
Other creditotS
226
12,007
5ffj12
5,612
13.
MOVEMENf IN FUNDS
Net
ovement
At
31.1.24
At 1.2.23
in funds
Ullifstricted tullds
(ieneTai tund
J,PYJ,6J5
(Y2,Y57}
J,7116,678
Re&lriLivd fun(l¥
Construction fimd
3320555
984.662
4J05.217
TOTAL FUNDS
7,620.190
891,705
8,511.89S
Pasc 16
ntinued...

THE E,MAAN TRUS[ OF SHEFFIELD
OTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 JANUARY 2024
13.
MOVEMENT IN FUNDS- continued
Net movement in fjjnds, included in the alx)ve are as follows:
tncoming
Rc30urccs
expended
Movcmcnt
in funds
Ullrestricted funds
General fvnd
157.404
(25OJ61 }
{92,957)
Restricted funds
Constru¢tioD fund
984,662
TOTAL FUNDS
1,142,066
(25OJ61)
891,705
Comparatives for movement in fim(is
Net
mnve.mpnt
At
31.1.23
At 1.2.22
in fvnds
Unrestricted
General fund
3,819,023
(19,388)
3,799,635
Re5tricled funds
Consttitction ftijnd
2,140,677
1,679,878
3,820,555
TOTAL Fu￿Ds
5.959.700
1.660.490
7.620.190
CA)mparative net move.ment tn fiinds, inc.Iiided in the. Aknvp arp. As fn11(￿v.￿..
Incoming
Resources
expended
Movemenl
in fundg
lJnrt8tricted funds
Gcncral fund
91.580
(110.968)
(19,388)
Restrieted fuDds
O)nsmioion fund
,679,878
1,679,878
TOTAL FU￿￿13
.771.458
(110.968)
1.060,490
Pag¢ 17
¢ontinud...

THE EMAAN TRUST OF SHEFFIKLD
NOTES TO THE FIiNANCIAL STATEMI ENTS- continued
FOR THE YEAR EP4DED 31 JANUARY 2024
13.
MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined wsition is &$ follows..
Ntl
movement
in fvnds
At
31.1.24
At 1.2.22
Unreslrieted fullds
Gcn¢ral fund
3.819.023
(112,345)
3,706,678
Restricted funds
ConsmiGtion fund
2.140.077
2,664,540
4,805,217
TOTAL FUNDS
5.959.700
2,552,195
¥,511.895
A current year 12 months and prior year 12 months combined net movement in fimds. included in the above are as
follows:
Incoming
Re￿￿ree%
MovetnenÉ
iti fuiids.
Unrestricted fvnds
General fund
248,984
(361 J29)
(112,345)
Restritted funds
Constrnction lund
1664.540
2,6fy1,540
TnTAI, FIINDS
2.91.3.-524
(.161.329)
2,.$52,195
RELATED PARTY DISCLDSURES
There were no related party transactio￿ forthe year ended 31 January 2024.
Pag¢ 18