Registered number: 07162533
Charity number: 1136006
AHLULBAYT FOUNDATION
(A company limited by guarantee)
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

AHLULBAYT FOUNDATION
(A company limited by guarantee)
CONTENTS
Page
Reference and administrative details of the Company, its Trustees and Advisers
Trustees. report
Independent examiner's report
Statement of financial activities
Balance sheet
Statement of cash flows
10
Notes to the financial statements

AHLULBAYT FOUNDATION
(A company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2024
Trustees
Mr H Darwish
Mr M Mousa
MrA Jaffar
Company registered
number
07162533
Charity registered
number
1136006
Registered office
Unit 4, Wellesley Court
Apsley Way
London
NW2 7HF
Independent Examiner
Barnes Roffe LLP
Chartered Accountants
3 Brook Business Centre
Cowley Mill Road
Uxbridge
Middlesex
UB8 2FX
Page 1

AHLULBAYT FOUNDATION
(A company limited by guarantee)
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees present their annual report together with the financial statements of the Ahlulbayt Foundation for
the year 1 April 2023 to 31 March 2024. The annual report selves the purposes of both a Trustees, report and a
directors, report under company law.
The Trustees confirm that the annual report and financial statements of the charitable company comply with the
current statutory requirements. the requirements of the charitable company's governing document and the
provisions of the Statement of Recommended practi￿ (SORP) applicable to charities preparing their accounts
in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102).
Since the Company qualifies as small under section 382 of the Companies Act 2006, the Strategic report
required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors,
Report) Regulations 2013 has been omitted.
Objectives and activities
a. Policies and objectives
The Objectives as set out in the goveming document for the Charity are as follows..
1. To advance the Islamic religion.
2. To advance the education of the public in the Islamic religion.
3. To promote religious harmony by promoting knowledge. mutual understanding and respect of the beliefs and
practices of different religions.
In setting objectives and planning for activities. the Trustees have given due consideration to general guidance
published by the Charity Commission relats'ng to public benefit. including the guidance 'Public benefit.. running a
charity {PB2}'.
b. Strategies for achieving objectives
Advancement of Education:
The Foundation aims to clear miscon￿ptIOnS levelled against Islam to create a harmonious society with people
of all faiths and backgrounds. Television broadcasting is one of the most efficient forms of communication and
keeping this in mind, the Foundation continues its work with Ahlulbayt TV to achieve its objectives.
c. Activities undertaken to achieve objectives, and main activities undertaken to further the Company's
purposes for the public benefit
To carry out its objectives. the Foundation works closely with the Ahlulbayt Television Ne￿Ork Limited - a media
outlet broadcasting on the Sky platform. Programmes are also uploaded to YouTube for future viewing and
expanded viewership.
Page 2

AHLULBAYT FOUNDATION
(A company limited by guarantee)
TRUSTEES, REPORT (CONTINUED
FOR THE YEAR ENDED 31 MARCH 2024
Achievements and performance
a. Main achievements of the Foundation
The Foundation supported a range of impactful programs this year that reflect its broader mission.. to advan
education, promote mutual understanding, and foster social cohesion. By exploring themes relevant to
individuals of all backgrounds. these projects encourage viewers to consider shared human values, appreciate
cultural diversity, and engage more thoughtfully with societal challenges. While the following examples highlight
some of the programmes the Foundation has supported, they represent only a portion of our wider efforts.
1. Documentary: Repentance
This documentary offers an in-depth exploration of the con￿pt of repentance - a universal principle of
personal growth, renewal, and moral accountability. By delving into the emotional and ethical dimensions of
seeking forgiveness, the program provides practical insights that resonate across cultural and religious lines.
It aims to inspire hope and foster positive change. reminding viewers that personal betterment and
constructive self-reflection are accessible to everyone.
2. Social Discourse
Social Discourse is a talk show dedicated to examining pressing social issues that communities around the
world face today. Through informed debate. respectful dialogue, and critical analysis, it encourages
audiences to look beyond stereotypes, develop empathy. and engage with challenging topics in constructive
ways. By bringing together a variety of perspectives, it promotes a spirit of understanding and cooperation,
contributing to healthier, more inclusive societies.
3. Documentary: The Hazaras of Afghanistan
This documentary sheds light on the longstanding persecution fa￿d by the Hazara minority in Afghanistan,
offering historical context and personal testimonies. By focusing on the human experiences behind political
and social tensions, it underscores the importance of recognizing shared humanity and defending the rights
and dignity of all people. Through this narrative. the program encourages a collects've stand against injusti
and a deeper appreciation for cultural resilience in the face of adversity.
In summary, these productions underscore the Foundation's commitment to connecting people, encouraging
greater understanding, and inspiring positive societal engagement. By highlighting universal themes-personal
growth, respectful dialogue, and human rights-they help foster a more compassionate, informed, and cohesive
global community.
Financial review
a. Going concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the Company has adequate
resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt
the going concern basis in preparing the financial statements. Further details regarding the adoption of the going
concern basis can be found in the accounting policies.
Page 3

AHLULBAYT FOUNDATION
(A company limited by guarantee)
TRUSTEES, REPORT (CONTINUED
FOR THE YEAR ENDED 31 MARCH 2024
b. Reserves policy
The Charity maintains reserves of £5,000 for emergencies. This is deemed sufficient because the Charity's
premises are sponsored by a donor in their entirety and the work undertaken by the Charity (such as financial
management and fundraising} is done so by volunteers and the Board of Trustees.
During the year, the Foundation was fortunate enough to re￿1ve a higher level of grants compared to previous
years. The Foundation is in the process of assessing the best medium for allocating these funds, for future
years, in line with its objects. The Foundation has chosen to take a more precautionary approach due to the
uncertainties associated with Covid-19.
Structure, governance and management
a. Constitution
Ahlulbayt Foundation is registered as a charitable company limited by guarantee and was set up by a
Memorandum of Association.
b. Methods of appointment or election of Trustees
The Articles of Association specify that the number of Trustees shall not be fewer than three and no fixed
maximum number.
Trustees must be over the age of 18. and are appointed by elects.on by the current board of Trustees.
c. Policies adopted for the induction and training of Trustees
All new Trustees appointed undergo training to brief them on their legal obligations under Charity and company
law, and the content of the Memorandum and Articles of Association.
They are also introduced to other Trustees.
ststement of Trustees. responsibilities
The Trustees (who are also the directors of the Company for the purposes of company lawl are responsible for
preparing the Trustees, report and the financial statements in accordance with applicable law and United
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial year. Under company law
the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair
view of the state of affairs of the Company and of its incoming resources and application of resources, including
its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to-
select suitable accounting policies and then apply them consistently.,
observe the methods and principles of the Charities SORP (FRS 102}',
make judgments and accounting estimates that are reasonable and prudent",
state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material
departures disclosed and explained in the financial statements and
prepare the financial statements on the going concem basis unless it is inappropriate to presume that the
Company will continue in business.
Page 4

AHLULBAYT FOUNDATION
(A company limited by guarantee)
TRUSTEES, REPORT (CONTINUED
FOR THE YEAR ENDED 31 MARCH 2024
ststement of Trustees. responsibilities (CONTINUED)
The Trustees are responsible for keeping adequate accounts.ng records that are sufficient to show and explain
the Company's transactions and disclose with reasonable accuracy at any time the financial position of the
Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They
are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees and signed on their behalf by..
Mr A Jaffar
Trustee
Date: 20-Dec-2024
Page 5

AHLULBAYT FOUNDATION
(A company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Independent examiner's report to the Trustees of Ahlulbayt Foundation I'the Company.)
I report to the charity Trustees on my examination of the accounts of the Company for the year ended 31 March
2024.
Responsibilities and basis of report
As the Trustees of the Company (and its directors for the purposes of company law) you are responsible for the
preparation of the accounts in accordance with the requirements of the Companies Act 2006 {'the 2006 Act,).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the
2006 Act and are eligible for independent examination. I report in respect of my examination of the Company's
accounts carried out under section 145 of the Charities Act 20111'the 2011 Act,). In carrying out my examination
I have followed the Directions given by the Charity Commission under section 14515)(b} of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confinn that no matters have come to my attention in connection with the
examination giving me cause to believe"
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act,.
or
the accounts do not accord with those records,. or
the accounts do not comply wth the accounting requirements of section 396 of the 2006 Act other than
any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of
an independent examination- or
the accounts have not been prepared in accordance with the methods and principles of the Statement of
Recommended practi￿ for accounting and reporting by charities.
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Page 6

AHLULBAYT FOUNDATION
(A company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
This report is made solely to the Company's Trustees. as a body, in accordance with Part 4 of the Charities
(Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Company's
Trustees those matters l am required to state to them in an Independent examiner's report and for no other
purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the
Company and the Company's Trustees as a body, for my work or for this report.
Signed..
Sliookf Cakk
Dated: 20-Dec-2024
Simon Carr
Barnes Roffe LLP
Chartered Accountants
3 Brook Business Centre
Cowley Mill Road
Uxbridge
Middlesex
UB8 2FX
Page 7

AHLULBAYT FOUNDATION
(A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted
funds
2024
Restricted
funds
2024
Total
funds
2024
Total
funds
2023
Note
Income from:
Donations and legacies
Investments
193.552
13
2.107
195.659
13
253, 850
47
Total income
193.565
2,107
195,672
253, 897
Expenditure on:
Raising funds
Charitable activities
230,000
10.164
230,000
12.423
278,500
11,677
2.259
Total expenditure
240.164
2.259
242.423
290, 177
Net movement in funds
(46.599)
{152)
(46,751)
(36,280)
Reconciliation of funds:
Total funds brought forward
Net movement in funds
57,032
(46.599)
2,259
(152)
59,291
(46.751)
95,571
(36,280)
Total funds carried forward
10.433
2.107
12,540
59,291
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 11 to 18 form part of these financial statements.
Page 8

AHLULBAYT FOUNDATION
(A company limited by guarantee
REGISTERED NUMBER: 07162533
BALANCE SHEET
AS AT 31 MARCH 2024
2024
2023
Note
Current assets
Cash at bank and in hand
12
17.441
63,492
17,441
63,492
Creditors.. amounts falling due within one
year
14,901)
(4, 201)
Net current assets
12.540
59,291
Total net assets
12,540
59,291
Charity funds
Restricted funds
2,107
10.433
2,259
57,032
Unrestricted funds
Total funds
12,540
59,291
The Company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit for the year in question in accordance with
section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to
accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to
the small companies regime.
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by..
20-Dec-2024
Mr A Jaffar
Trustee
The notes on pages 11 to 18 form part of these financial statements.
Page 9

AHLULBAYT FOUNDATION
(A company limited by guarantee)
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Cash flows from operating activities
Net cash used in operating activities (Note 12)
(46.051)
(36,280J
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
(46,051)
63,492
(36,280)
99, 772
Cash and cash equivalents at the end of the year
17.441
63,492
The notes on pages 11 to 18 form part of these financial statements
Page 10

AHLULBAYT FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
General information
The charity is a private company limited by guarantee. incorporated in England and Wales, and
consequently does not have any share capital. Each of the trustees is liable to contribute an amount not
exceeding £14 towards the assets of the charity in the event of liquidation.
Accounting policies
2.1 Basis of preparation of financial statements
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have
been prepared in accordance with Accounting and Reporting by Charities" Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019,
the Financial Reporting Stsndard applicable in the United Kingdom and Republic of Ireland (FRS
102), the Charities Act 2011. the Companies Act 2006 and UK Generally Accepted Accounting
Practice.
Ahlulbayt Foundation meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless otheNise stated in the
relevant accounting policy.
2.2 Income
All income is recognised once the Company has entitlement to the income, it is probable that the
income will be received and the amount of income receivable can be measured reliably.
Grants are included in the Statement of financial activities on a receivable basis. The balance of
income received for specific purposes but not expended during the period is shown in the relevant
funds on the Balance sheet. Where income is re￿iVed in advan￿ of entitlement of receipt, its
recognition is deferred and included in creditors as deferred income. Where entitlement occurs
before income is received. the income is accrued.
Income tax recoverable in relation to donats.ons re￿iVed under Gift Aid is recognised at the time of
the donation.
Page11

AHLULBAYT FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies (continued)
2.3 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit
to a third party, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs
of each activity are made up of the total of direct costs and shared costs, including support costs
involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly
to that activity. Shared costs which contribute to more than one activity and support costs which are
not attributable to a single activity are apportioned be￿een those activities on a basis consistent with
the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation
charges allocated on the portion of the asset's use.
Expenditure on raising funds includes all expenditure incurred by the Company to raise funds for its
charitable purposes and includes costs of all fundraising activities events and non-charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the
Company's objectives. as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
2.4 Interest receivable
Interest on funds held on deposit is induded when re￿1vable and the amount can be measured
reliably by the Company,. this is nomially upon notification of the interest paid or payable by the
institution with whom the funds are deposited.
2.5 Taxation
The Company is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act
2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes.
Accordingly, the Company is potentially exempt from taxation in respect of income or capital gains
received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section
256 of the Taxation of Chargeable Gains Act 1992. to the extent that such income or gains are
applied exclusively to charitable purposes.
2.6 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
2.7 Creditors
Liabilities are recognised when there is an obligation at the Balan￿ sheet date as a result of a past
event, it is probable that a transfer of economic benefit will be required in settlement, and the amount
of the settlement can be ests"mated reliably.
Liabilities are recognised at the amount that the Company anticipates it will pay to settle the debt or
the amount it has received as adVan￿d payments for the goods or seNices it must provide.
Page 12

AHLULBAYT FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies (continued)
2.8 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the Company and which have not been designated for other
purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by
donors or which have been raised by the Company for particular purposes. The costs of raising and
administering such funds are charged against the specific fund. The aim and use of each restricted
fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
Income from donations and legacies
Unrestricted Restricted
funds
funds
2024
2024
Total
funds
2024
Donations and sponsorships
Grants
138,683
54,869
2,107
140,790
54.869
Total 2024
193,552
2,107
195.659
Unrestricted
funds
2023
Restricted
funds
2023
Total
funds
2023
Donations
201,591
50, 000
2,259
203, 850
50,000
Grants
251,591
2, 259
253, 850
Page 13

AHLULBAYT FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Investment income
Unrestricted
funds
2024
Total
funds
2024
Investment income - local cash
13
13
Total
13
13
Unrestricted
funds
2023
Total
funds
2023
Investment income - local cash
47
47
Anatysis of expenditure on charitable activities
Summary by fund type
Unrestricted Restricted
funds
funds
2024
2024
Total
funds
2024
Rates
Office expenses
Independent examiner's remuneration
Grant payment
2,481
2,243
5,440
2,481
2.243
5,440
2.259
2,259
Total
10,164
2,259
12.423
All expenditure related to the Charity's sole activity.
Independent examiner's remuneration
2024
2023
Fees payable to the Company's independent examiner for the independent
examination of the Company's annual accounts
5.440
4, 755
Page 14

AHLULBAYT FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Trustees. remuneration and expenses
During the year, no Trustee received any remuneration or other benefits (2023 - £NIL).
During the year ended 31 March 2024. no Trustee expenses have been incurred (2023- £NIL).
Creditors: Amounts falling due within one year
2024
2023
other creditors
Accruals and deferred income
4,900
4,200
4.901
4,201
Page 15

AHLULBAYT FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
ststement of funds
ststement of funds - current year
Balance at
31 March
2024
Balance at 1
April 2023
Income Expenditure
Unrestricted funds
General Funds- all funds
57,032
193,565
{240,164
10,433
Restricted funds
Restricted Funds- all funds
2,259
2,107
(2,259)
2,107
Total of funds
59.291
195.672
(242.423)
12.540
ststement of funds - prior year
Balance at
31 March
2023
Balan￿ at
l April 2022
Income Expenditure
Unrestricted funds
General Funds- all funds
93, 093
251,638
(287, 699)
57,032
Restricted funds
Restricted Funds- all funds
2,478
2, 259
(2.478)
2,259
Total of funds
95,571
253, 897
(290, 177)
59,291
Page 16

AHLULBAYT FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
10. Analysis of net assets between funds
Anatysis of net assets between funds - current period
Unrestricted Restricted
funds
funds
2024
2024
Total
funds
2024
Current assets
15,334
(4,901)
2,107
17,441
{4.901)
Creditors due within one year
Total
10,433
2,107
12,540
Anatysis of net assets between funds - prior period
Unrestricted
funds
2023
Restricted
funds
2023
Total
funds
2023
Current assets
Creditors due within one year
61,233
(4, 201)
2,259
63,492
(4,201)
Total
57,032
2,259
59,291
11.
Reconciliation of net movement in funds to net cash flow from operating activities
2024
2023
Net expenditure for the period (as per Statement of Financial Activities)
(46.751)
(36,280J
Adjustments for:
Increase in creditors
700
Net cash used in by operating activities
(46.051)
(36, 280)
Page 17

AHLULBAYT FOUNDATION
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
12. Anatysis of cash and cash equivalents
2024
2023
Cash in hand
17,441
63,492
Total cash and cash equivalents
17.441
63,492
13. Anatysis of net debt
At 1 April
2023 Cash flows
At 31 March
2024
Cash at bank and in hand
63.492
(46.051)
17.441
63.492
(46,051)
17,441
Page 18