Charity number: 1140153 Rahmah Foundation Report of the Trustses and Unaudltsd Flnanclal Statements For the year ended 31 March 2023 Rahmah Foundatlon Contents Pag• For tho year ondod 31 March 2023 R•port ot th• TN8t••8 1to2 1Tr3gpendent exanlnee• Report to the TnAt•88 st•twNnt of Fknanchl Act￿￿8 Statam•nt of Fkn#ndpl Po•lUon Not•• to th• Fkn•nd•l Sl•i•rn•nts 8t011 Dth811od Statsmenl of ￿￿n￿lI Aclivlll•s 12 Rahmah Foundation R•port of th• Trustees For the year ended 31 f*larch 2023 Th• Trustees hav• pl•asum in pr￿fiting Ih8ir roport th? financkgl 8tatemonts for the tharlty lor y￿r •nd•d 31 March 2023. The Trustee$ have adopted th• wovk%ions ol Accounting artd R8POrting by Cha￿￿￿$.. Ststerr*nt of R•cornmanded Prad*A applicabl8 to thontie8 prepwiThJ thew ac¢>)unls In accordanc• wllh th• FlnanrAal R•portir¥J St¥ndard appli￿ts￿ in th? UK and th? Rewblic of Ir•land IFRS 1021 {•fftelivè 1 January 20191. 08JecTives AND ACTiviries To adv•nc• •duc&tion ￿ th• bon•ffl ofthe poor, unde￿￿VI￿ad and the gongral publlc by mean$ al, but not eXclu￿￿lY. the provi•ion or tho a$8Hlancg In the P￿S1On ol •due•lonfil acUvttKg8 And lacilith￿, auth •$ •thool$. •uppknrnentary 8choo18, nurn•rfèi ané training e8ntrè8. To adv•ftc• tha r•lb3ion of l$18m. by of. but Mt •xclu8fvety, promollftg th• t•achlngs longts ol l$l•m. provljion of fac111￿e$ lor wornhip and provision ol laulitk15 for lllwic educBtion, ID accordance wlth th• teachlng8 olth• Qurnn And •unn•h ol the prophet Muharnrnad (poac• and bk••slng8 b8 upon hlrnl., To r•ll•¥• flnond&l hard•hlp. dL4trots and auffodng among poor poopl•, refvie88, vlctims ol natural di58storn 4nd other pgople In need, by mean8 ol. but not •xcluth8ty, making gr8nt¥ or loan• for providing of ￿y1ft9 lor It8m8, 8qulpm8nt. ryk•• WKI tscllttkry•, Indu(Wng th• provi8kJn of food. dothlAg. Ond •cwmrnodgDon for tho per6on•. Th• math •¢llvthi und•rt*•n On r•lokn to thom PLUPOBg• durfn9 th• pw*4. R•hmah Foundatlon 8trIv•8 to iuA)ort high qualty l•l•mlr SthoDl•, Mi•ltth, Madrasah• •nd youthlcommunlty ects in M￿ling 8et.up and oporalkn&l colts In Kolkota Ind1*. ￿ Mts• f￿1* vl• vfjolt• to Ma•lld•, to donorn And lundr4lilng to iupport projgcts vthlch w• are able to iupport. Th• maln und•rtak•n dubyng tha p•rfod to furthgr thg puwe for th• publlc b•r*fft On• ol Ihg maln obleth¢• ol Ih? Tw•t li to'•dvanc• •ducatton lor th• b•n•fft ofth• poor, th• und•rprivil¢g￿ and t g•n•rnl publlc.., Th• Trubt earrf•* ¢￿t th1* objactlvo by providlnq gran18 to pralectj that 98ek to a•lup and dwlop hbh qu•lSty Ind•p•nd•nt l•l•ml¢ School• and M•drauh8 fr*r b•n•fil of th•lr local Commun￿e•. Durlng thIB fln¥nd41 ye•r Rahmah F(￿nd￿0Th •upport•d oth•r loc*1 th•rfty'i, th1• br￿ude4 Kthnl Mu•llm A•8oclatlon In •upport of HowSt•l in G•u, J¥mi•t Ulgma l Hlnd In •uppart of Educabonil 0¢tfvIl￿ for pwr In Indla. M•dlul Ald wpport of Muilim8 In Malawi 8uff•ring 1￿M vlr¥l dl89080 and n•tural dl8a8t•r. Tlkg tru8t•e• had rng•rl to th• charty ef1mmL8￿l)n'8 guidwnrn on publlc t•ngfit Sn m•n•olng th• •cJvth• ofth• cmrity. OblKtIvg0 •nd trystg9i hovg ¢w•ldweubli¢ of Ire￿nd IFRS 1021. and Charities Ad 2011. Ralunah Four*Jotion maèts tho d•finilion ol a PU￿1¢ bonefft entty wder FRS 1tr2. Assets and liabllitb5 are Snibalty r•eegni98d at histOrifAI cost or transathon value unless otheTh¥￿e stated in the rel￿ant awAunting poli￿ note(¥l. Golrfj ¢onc•rn At thg time ¢*f approvwig Ihè finantsal stat8m&nts, tha trusta&s haw a r8asoftab￿ ￿pecIatI)n Ihat the chai6ty has adequate r8sourt8s to C￿tin￿O in op8rntKJnal exist•nc• fort￿ fOr•s￿abl& firtur8. Thus. tho Iwst8• continu• to adopt the going concem basb ol accountlThJ in preparing the financial 8tatements. Funds Unreslrfct•d funds ar• available for al the discretion of the truskes in furtherance of the ger￿41 obiectsves of the charity. arkJ vknith have not b88n designated lor othar puwp0888. D•swdnat•d (unds ecmprfse unrastrktad fur#1s that hav• b88n sot ask1& by tho trust8os for part*JJlar purposes. Restricted funds ar8 thos8which are to be used as per sp8c*fic r8striction8 Imposed by donors or which have b88n ra￿d by tha ¢h#rity f¢r particular purp¢)s•s. Thè cost of rdiSiAg and administ*iffj s￿h lurtds aT8 thargod againstthè 4Jècrfic fund. Incomlng re•ourc All Incoming rasources are induded In the statement of Ilnandal actmlles wheft tl* Ch8r(ty is ￿trfed to Ihe InC￿e and the amount ¢an be w8ntif￿d wlh rg080nabb a￿t￿y. The folbwing 8pedfic poli¢N?8 are appled to parbcuiqr ategorigs of In￿M8.. •xp&nded abilitvas are r•tsJgfii￿d as ra8eoJre•$ •xpend8d Wkn￿ th8rt1a a lagal ¢xconstAth• oblybon tom￿lIbAg thè Chaiity th• expondltura: Taxatlon Th• Dicomelgalns have boon appllod lor charltablo pwpos•s onty and as a r•sutt SOCI￿n 505 ICTA 1988 forth• exwnpbon of tharity¥ incorne from direct taxation. Z In¢omo from donatknns and legacles 2023 2022 Restrietod fun Donatron$ received 08,240 9,335 170.673 13.574 Gfft8 ￿ ￿n￿ 107,576 1N247 6of12 Rahmah Foundation Notsg to the Financlal Slataments Conllnugd For the y&qr ended 31 March 2023 3. Inv•8th1ont In¢¢th• 1022 Rtstrict￿ tun Incom• from inv•$th￿t propgrUes 11.4￿1 10,472 10,472 2023 2022 InV￿￿ent proF*rty managenwnt feos 774 4.770 T14 7of12 Rahm•h Foundalk•n Not08 to the FinanGial Statemtnts Continu¢d For the year onded 31 Alarch 2023 2022 Rahm•h FOur￿n Kdkol• 89.107 8z,000 81107 Ullah a Sadqth 1glarntcll*Ware 7.01S 10.000 8,940 11.920 5,150 32.000 3.110 Koknl Mu•lim Jamiat Ukn)a l Hir Anjuman-e-l￿¥hul Mwllmln Dr G M Lorgat Mortk•l Ahj IAlthy Tr••$ IAl¥hr• 20.423 71.120 8upport ¢o•t• Ull•h & S•dq•h Accountancy f• Motor and •xponM• Otmr finan￿ e411• 145 117,908 164,785 •. Co8ts of eh•rt1at>1•aG￿yI¢I8l ty xtlvlty typ• 2023 2022 Adl¥lllM und•rt•k•n dr•• Z*kat 89.107 28,799 82.000 72.785 LAllah & Sadq•h 117.908 154.786 7. An•ly•l• of•W>￿￿ 2023 2022 1.86$ 8crf12 Rahmah Foundatlon Not88 to the Flnanclal Statements Conllnued For tho year •nd•d 31 March 2023 . Ngl Sncom¢llexpgnthlur•l forthe yMr Thls ￿ stated •ft•r¢h•rgiiWlcredthngl: 2023 2022 AeLountancy h•6 600 10. compar￿¥9 lor th• 8t•tom•nt ofFln•nct41 Actlvlu Th• cunp•ralfv• y•w valu•s on th• St•10Th￿t al Flr*•ncl•l Advlt•• w• lor r••trfct•d funds. 11. An•ty•l• ol mov•m•n¢ ￿ ¢¢nvn•r¢l•l In¥••th*nt• Invwtsn•rt prwrty F•lr v4luo 4101 Aprfl 2022 Falr vilu• at 31 March 2023 199.802 199,502 11 A￿ty￿• of Inv••tsn•nts b•tw••n fun￿ A• at y•ar •nd•rt 31 March 2023 2023 R••trlct•d lund• Inv••tm•nt prop•rtt•• 199,502 199,502 199,802 199,$02 9of12 Rahrnah Foundatlon Notes to the FlnanGlal Slatomonts Continued For the year ended 31 March 2023 2023 Amounts duo wlthln 4)no yw: 25,000 25,000 1& Crodltty*: amourits falllng du•t*Athln on• ythy 2022 Accnwls and deferred income 1& Movement In fun Balanc• at Inc￿En9 Oirtgolny BakinGè at 3110312023 General 353.125 118.975 1118.6801 353.420 353.126 118.975 1118.6801 353.420 R•8trlcted Funds. Pf•¥10￿ year Incornln9 ources Outgoln9 Balan￿ at 3110312022 0110412021 G•Mral 317,961 194,719 1159,5551 353.125 317.961 194,719 11$9.SSS1 353.125 16. Analy￿¥ ol net 8880ts batwaon fund• a880ts1 IllabllllloBI Restrfct•d funds 199.502 153.918 353.420 199,502 153.918 353,420 100112 Rahmah Foundatlon Nolo9 to the Flnanclal Statements Conllnued For the y•ar ondod 31 IA¥¢h 2023 Prevlous year a••ots1 199.9)2 153.erJ 3S3.125 199.502 153.623 353.125 11of12 Rahmah Foundatlon Delailod Stal•m•nt of Flnan¢lal A¢Uvltl89 For the year ended 31 March 2023 2023 2022 INCOME AND ENDOWMENT Donatlons and legac185 98.240 9.335 170.673 13.574 Gffts In klnd 107,675 184347 Imiastmèn Incom& from Investment prrperUg$ 11.400 10.472 10A72 Total IncfAnlng reoourc•• 118,976 194719 ExPEND￿vRE Inv•stm•nt manag¢ment¢os¢• Inve¥trneni prowty Managw￿l costs 17741 {4,770} 17741 14.7701 Charltabl• aetfvltl Cost ofdirg¢t tharitsbl? Izakati Coit of diièet ¢hartt*bl• aCti￿ty Iullah & Sadqahl 189,1071 127,9381 {82,0￿) {71.1201 1117,0461 1153.1201 SUPPORT COSTS GO￿nar￿* costs {Llllah & Sathphl 18611 11,8651 18611 11,6651 Tot•1 ro$oUr￿ expend•d 1118,6801 1169,5561 Net Incomo 295 3S.184 12of12 Thi8 P8qa do8B not fomi part ofth6 statutory financial statements