OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-03-31-accounts

DocuSign Envelope ID: 8EABA743-F0E7-4B4C-A376-2DA1DC2AC886

Registered number 07511498

Al-Imdaad Foundation UK

(A Company Limited by Guarantee)

Trustees’ Report and Audited Financial Statements

for the year ended 31 March 2022

DocuSign Envelope ID: 8EABA743-F0E7-4B4C-A376-2DA1DC2AC886

Al-Imdaad Foundation UK

(A Company Limited by Guarantee) Trustees’ Report and Audited Financial Statements For the year ended 31 March 2022

Contents Page
Company information 1
Directors' and Trustees' report:
Introduction 2
Our Mission 2
Our Vision 2
How we're Unique 2
Where we are 2
Structure, Governance and Management 3
Governing Documents 3
Organisational Structure 3
Board of Trustees 4
Risks Management 4
Objectives and Activities 5
Our Goal 6
Our Values 6
Our Ethos 6
Global Offices 7
Investment Powers 7
Developments, Activities and Achievements 7
Projects Selection and Life Cycle 8
UK Tour 8
Volunteers 8
Financial Review 9
Investment Policy 9
Future Plans 9
Grant Making Policy 10
Reserves Policy 10
Staff Recruitment and Professional Development 10
Remuneration Policy for Key Management Personnel 11
Diversity and Inclusion 11
Safeguarding 11
Fundraising Approach 12
General Data Protection Regulation (GDPR) 12
Protection of Vulnerable People 13
Complaints Handling 13
Trustees' responsibilities in relation to the financial statements 13
Public Benefit 14
Statement of Disclosure to Auditors 14
Approval 14
Independent auditors' report 15
Statement of Financial Activities (including Income and Expenditure Account) 18
Statement of Financial Position 19
Statement of Cash Flows 20
Notes to the financial statements 21

DocuSign Envelope ID: 8EABA743-F0E7-4B4C-A376-2DA1DC2AC886

Al-Imdaad Foundation UK (A Company Limited by Guarantee) For the year ended 31 March 2022

Company Information

Charity Name: Al-Imdaad Foundation UK Company Registration Number: 07511498 Charity Registration Number: 1140187 Registered Office: 185 Audley Range Blackburn Lancashire BB1 ITH

Directors and Trustees

The directors and trustees in office during the year and at the date of this report were:

Ahad Miah Zubair Miah Muhammad Nurullah Shikder Mahmood Miah Yacoob Vahed Ahmed Suleman Chohan Ziyaad Patel

Key management personnel & Country Director:

Sadiq Patel

Auditors

MAH, Chartered Accountants 2nd Floor 154 Bishopsgate London, EC2M 4LN

Bankers

Al-Rayan Bank 601 Stockport Road Manchester MI3 0RX

Legal Advisors

Johns & Saggar LLP 34-36 Grays Inn Road London WC1X 8HR

1

DocuSign Envelope ID: 8EABA743-F0E7-4B4C-A376-2DA1DC2AC886

Al-Imdaad Foundation UK

(A Company Limited by Guarantee) For the year ended 31 March 2022 Directors' and Trustees' Report

Introduction

AIF UK trustees present the following report for the financial year ending 31st March 2022. The financial statements have been prepared in accordance with the accounting policies set out in Note 1 and comply with the charities trust deed (comprising the Memorandum and Articles of Association) and applicable law. The Trustees have complied with the duty of the Charities Act 2011 to have due regard to guidance published by the Charity Commission

Our Mission

The Al-Imdaad Foundation is a non-profit humanitarian aid relief organisation (NGO) registered in the United Kingdon, dedicated to providing humanitarian services in crisis and non-crisis situations to the neediest orphans, widows and destitute families, irrespective of race, religion, culture, creed, and geographical boundary.

Our Vision

The Al-Imdaad Foundation aspires to excel in humanitarian relief, providing humanitarian services with the highest level of compassion, professionalism, and care under the supervision of a team of professionals from South Africa and abroad.

How We’re Unique

The Al-Imdaad Foundation was formed in South Africa by a minority community. The diverse cultural and linguistic context of South Africa has allowed the Foundation to take on a truly humanitarian perspective by striving to serve all communities. .

The humanitarian ethics of the Islamic tradition inspires the Al-Imdaad Foundation. We have always involved Islamic Scholars (Ulema) in our activities from early formation until current times. This ensures that all the organisation's operations are in accordance with Islamic guidance and principles.

The Foundation responds quickly and effectively through country offices and links on the ground in countries worldwide. We have a 100% donations policy, so all donations to a specific cause or location go to that project and are not used for admin costs or implementation expenses.

Where we are

Country Offices: The Al-Imdaad Foundation has offices in South Africa (Head Office), the United Kingdom, Jordan, Indonesia, Bangladesh, Chile, Kenya, DR Congo, and Turkey.

Provincial Offices in South Africa: The Foundation also has offices in the Western, Eastern and Northern Cape Provinces, the KwaZulu-Natal Province, and the Gauteng Province. These offices allow us to respond across South Africa.

2

DocuSign Envelope ID: 8EABA743-F0E7-4B4C-A376-2DA1DC2AC886

Structure, Governance and Management

Governing Documents

The Al-Imdaad Foundation is a charitable company limited (by guarantee), incorporated on 31st January 2011 and registered as a charity on 2nd February 2011. The Trust deed defines the charity's objects as being general charitable purposes as defined by charity law in the United Kingdom.

The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. Under those Articles, the committee members are elected at the AGM and subject to ratification at each AGM.

The charity is based in the UK and has its main Blackburn office with volunteers from home throughout the country. If the company is wound up, each Company Member undertakes to contribute to the company's assets such amounts as may be required, not exceeding one pound.

Organisational Structure

Details of the Trustees serving during the year are set out on page 1. Each Trustee has assumed an individual responsibility for the day-to-day organisation and administration of the charity. The Trustees work together and have established regional committees to assist the organisational structure of the charity. An Executive Management Committee has been set up to oversee the charity's running, reporting directly to the board of Trustees.

The Executive Management Committee of 9 members consists of a wide-ranging team of volunteers that offer specialist advice and support to members of the public. Our UK board includes experienced professionals who understand the challenges we are constantly facing with past, present and future humanitarian needs

The team comprises of Theologians, Shariah Scholars, Islamic Finance Practitioners, Academics, Accountants, IT Specialists, Solicitors, Civil Servants, Businessmen and other voluntary aid workers.

3

DocuSign Envelope ID: 8EABA743-F0E7-4B4C-A376-2DA1DC2AC886

Board of Trustees

The Board of Trustees take responsibility for and directs the charity's operations. The board sets priorities and objectives through the management team and reviews performance regularly.

The Trustees set the strategic agenda and drive good practices for the charity.

All nominations of potential new trustees are reviewed by the existing trustees and approved by the main board, with trustees chosen because they have the diverse range of skills, knowledge and experiences that we need to respond to the charity's needs. Trustees can be temporarily coopted between AGMs by agreement of the remaining members if numbers on the management committee fall below the required level.

New trustees undergo an orientation event briefing them on their obligations, the contents of the Memorandum and Articles of Association, the committee and the decision-making processes, the business plan and the recent performance of the charity. Trustees' are encouraged to attend appropriate external training events when these will facilitate the undertaking of the role.

Risk Management

It has been a challenging two years for charities, as the Corona Virus Pandemic has impacted everything from service delivery to fundraising.

The Trustees review the charity's major risks regularly and believe that maintaining reserves in accordance with the reserves policy on page 10, combined with an annual review of the controls over the critical financial systems, will provide sufficient resources in the event of adverse conditions. The Trustees have also examined other operational and business risks the charity faces and confirmed that they had established systems to mitigate the significant risks.

The management committee reviews the major tasks in which the charity is involved and examines the systems to mitigate any risks.

The Trustees are committed to and are continuously striving to improve/implement robust systems and controls which all provide transparency and accuracy to ensure donors to the charity can give confidently and the charity's assets are safeguarded.

All significant activities undertaken are subject to a risk review as part of the initial activity assessment and implementation. Major risks, for this purpose, are those that may have a significant effect on the:

4

DocuSign Envelope ID: 8EABA743-F0E7-4B4C-A376-2DA1DC2AC886

The inability to develop and retain talent effectively and an organisational culture that is not an enabler in the pursuit of a charity's strategy and objectives

The trustees review these risks on an ongoing basis and satisfy that adequate systems and procedures are in place to manage the identified risks. Where appropriate, risks are covered by insurance.

The following framework is central to ensuring adequate risk assurance:

We continue to pay particular attention to addressing the heightened risks to our staff and

partners operating in areas of unrest. We are therefore continuing to review our training

programme for our workers going overseas and continue to monitor all programmes in conflict

zones to assess whether local staff would be more appropriate for certain programmes.

Objectives and Activities

The principal activities of the charity are outlined below:

5

DocuSign Envelope ID: 8EABA743-F0E7-4B4C-A376-2DA1DC2AC886

Our Goal

Al Imdaad Foundation aspires to excel in providing emergency humanitarian relief and developing a longer-term sustainable programme wherever needed. We aim to deliver these services with the highest level of compassion, professionalism and proficiency.

Our Values

Our Ethos

At Al-Imdaad Foundation, we operate with a 100% donations policy. We are confident of our high standards of work and transparency levels. At every possible delivery of aid, we aim to provide LIVE feedback from the ground via social media.

AIF is a signatory to the Code of Conduct for the International Red Cross and Red Crescent Movements and NGOs in Disaster Relief and is also a member of BOND (British Overseas NGOs for Development).

The Foundation supports the Code of Conduct and strives to incorporate its principles in its humanitarian work. AIF is registered with the United Nations Department of Economic Social Affairs. The NGO Branch is the focal point within the United Nations for Non-Governmental Organisations in consultative status with the Economic and Social Council.

6

DocuSign Envelope ID: 8EABA743-F0E7-4B4C-A376-2DA1DC2AC886

Global Offices

Al-Imdaad Foundation has nine international offices globally and delivers aid to over 75 countries. All offices are strategically located to administer aid effectively and efficiently when needed.

Building on existing partnerships is a continuous process, but we are also consciously seeking new ways of working. We will find new partners with which to increase our impact and meet our objectives of serving humanity and alleviating needs globally.

Al-Imdaad Foundation UK undertakes global relief efforts on behalf of many charities. Any payments received from partnership organisations are documented in line with a memorandum of understanding (MOU). For specific projects, Al Imdaad Foundation UK also works closely in partnership with Al-Imdaad Foundation South Africa and leverages their expertise and contacts to transfer funds from the UK to areas of the world which are difficult to reach. Al-Imdaad Foundation South Africa will provide financial stability to the UK office for the coming 12 months.

Investment Powers

The Trust Deed authorises the Trustees to make and hold investments using the general funds of the charity. Due to the high level of uncertainty in the world, the charity needs to react quickly to the needs that arise, and as a consequence, significant funds are held in deposit accounts which can be easily accessed and used.

Developments, Activities and Achievements

During the year, the charity has continued to increase its spending on existing projects and find new and unique projects to help the needy. The charity has pursued its commitments from previous disasters in the year with vigour so that the majority of funds raised have now been spent, with a reserve left for longer-term projects.

Activities below include our response to some of our projects locally and globally. These are just some of the projects that are highlighted below. The charity managed to deliver its aid in a timely and effective manner with generous support from donors. Below is a list of the types of projects we have undertaken. For more detailed information, visit our website www.alimdaad.co.uk or see our social media.

  1. Food Items

  2. Shelter

  3. Medical

  4. Water Projects

  5. UK projects

  6. Winter Packs

  7. Empowerment

  8. Orphan Care

7

DocuSign Envelope ID: 8EABA743-F0E7-4B4C-A376-2DA1DC2AC886

A mention must be made of the hard work of those Trustees, employees, volunteers and management team members who have been personally involved in distributing the aid in all parts of the world. They spent their time overseas ensuring that the aid reached the needed places. The charity is thankful for their commitment and service.

Projects Selection and Life Cycle

Before embarking on a project, we have established a project review process to determine whether the project is worth the investment. Due diligence checks are performed before starting any project. We are constantly engaging partners in looking for more efficient, innovative projects with fewer negative environmental impacts. Once we decide on a project, the project team monitors from beginning to end and maintains constant communication with the partner. Monitoring and evaluation occur at the project lifecycle's beginning, middle and end. Partners have become accustomed to the requirement for continuous project updates throughout the project lifecycle as opposed to a single update at the end.

UK Tour

In March 2022, AIF UK held their highly anticipated Mercy to Humanity Tour Featuring: Shaykh Sulaiman Moola, Maulana Ahmed Chohan and Qari Ziyaad Patel 17 EVENTS - 13 CITIES - 1 EPIC TOUR

This highly successful tour created a lot of excitement and good PR leading into the busy Ramadhan season.

Volunteers

The Trustees are grateful to the numerous volunteers who have helped the charity during the year with their spare time and the skills they have brought to the charity. The Trustees would like to thank members of the public who have donated so generously to the charity. Their contributions go a long way towards the charity's commitment to the 100% donation policy.

8

DocuSign Envelope ID: 8EABA743-F0E7-4B4C-A376-2DA1DC2AC886

Financial Review

The charity's total annual income came £2,582,009 (2021: £2,083,237). Of this amount, £2,368,409 (2021: £1,861,895) was raised in the year for Aid Programmes. As shown on Note 16 of the accounts, £2,871,862 (2021: £1,937,211) was spent on specific projects and is shown as restricted expenditure in accordance with the wishes of the donors. The management team apply the funding to chosen projects with the intention of delivering outcomes within six months.

During the year, there has been a slight increase in the relative expenditure on administration costs. This was due to increased resources required to deliver the increased operational activities.

The charity reported a deficit of £293,803 (2021: surplus £140,588) for the year ended 31st March 2022. Total funds carried forward at 31st March 2022 were £641,139, of which £182,914 are restricted funds, and £458,225 are unrestricted funds.

Funds are raised with no restrictions and have been used in the charity's administration. This, along with Gift Aid, rental income and other unrestricted income, provides the charity with sufficient funds to carry out its charitable objectives of having a 100% donation policy.

Investment Policy

The charity's reserves are currently held in a 'profit-based' current account with Al Rayan Bank Plc. The reserves are kept to enable the directors to continue the charity's activities in the event of a significant drop in funding. The trustee review from time to time the possibility of releasing reserve funds for specific projects.

Future Plans

As a growing International NGO, the charity will continue to respond to emergencies in existing areas of operations and also in other areas based on need. The Trustees are pleased that the charity has significantly increased its revenue during the year, and the increase rate shows the charity has managed to reach out to the public who have supported them. Al Imdaad Foundation plans to continue its growth by increasing its engagement with different communities.

The challenge for the charity is to maintain the revenue momentum and ensure good local partners on the ground deliver efficiently and effectively. The Trustees continue recruiting specialist staff, and a personnel review is constantly under review. During the next year, the charity hopes to:

9

DocuSign Envelope ID: 8EABA743-F0E7-4B4C-A376-2DA1DC2AC886

  1. Further development of the new website

  2. Expand our relief to new areas globally

  3. Expand our focus on institutional donors and grants

  4. Establish greater recognition by authorities in the UK

  5. Start an educational scheme with volunteers, taking the volunteers to certain countries for aid relief work to build on their experiences

  6. Create SOP (Standard Operating Procedures) and project workflows.

Al-Imdaad foundation strives to find new innovative and sustainable projects around the world in line with the millennium development goals.

The charity also has long-term and rehabilitation projects in the following areas:

Grant Making Policy

We are committed to partnering with local and national organisations through a grant-making approach. Grants to partner organisations are made within our agreed strategies. Grants for development programmes tend to be given on a recurrent basis.

The grant application form is available from our Head Office.

Reserves Policy

Wherever possible, we will utilise restricted funds within one year of receipt. Some of this funding will be purposely retained for longer-term projects and in readiness to respond to emergency aid to disasters.

The charity has a reserve policy which states that a minimum of three months of running costs be held as unrestricted reserves. The charity is working towards achieving that policy.

Staff Recruitment and Professional Development

The charity continuously monitors the structure and effectiveness of the charity's workforce. Al-

Imdaad Foundation has increased its footprint across the globe and continues to grow.

10

DocuSign Envelope ID: 8EABA743-F0E7-4B4C-A376-2DA1DC2AC886

Remuneration Policy for Key Management Personnel Our remuneration policy helps promote long-term goals for safeguarding our charity's interests and is overseen by our Remuneration Committee. The committee mainly consist of an independent panel, reports and recommendation pay levels directly to the board.

In setting appropriate pay levels for key personnel, our remuneration policy reflects and considers specific matters such as assignments and responsibilities.

The following guiding principles are used in determining senior management remuneration:

Diversity and Inclusion

Our policy is to respect the diversity of all employees and volunteers, treating them fairly and equally, regardless of physical or mental disability, gender, sexual orientation, race, caste, nationality, ethnic origin, religious belief or age.

Every reasonable measure is taken to adapt our premises and working conditions to enable disabled people to work or volunteer at Al-Imdaad Foundation.

Safeguarding

We are committed to providing a safe and trusted environment for all who come into contact with Al Imdaad Foundation. We take a zero-tolerance approach to breaches of our Code of Conduct and put the well-being and rights of people at the heart of our responses.

The board approves the safeguarding policy and receives regular reports on safeguarding. A subcommittee of our board monitors the effective implementation of the policy and reviews the cases file of reported incidents.

11

DocuSign Envelope ID: 8EABA743-F0E7-4B4C-A376-2DA1DC2AC886

Fundraising Approach

Al-Imdaad Foundation strives to adhere to relevant statutory regulations, including the Data Protection Act (2018) and the Charities Act (2011). We are continually revising our policies and procedures as we grow and keeping up to date with changes in legislation and regulations.

We are registered with the Fundraising Regulator and have developed our procedures to comply with the Code of Fundraising Practice. We are also a member of the Institute of Fundraising, and our fundraising activities are legal, transparent, honest and respectful.

We monitor regulatory developments, review policies and update training for staff and volunteers to ensure we maintain standards. Our suite of fundraising policies covers the standards and principles that underpin our approach to fundraising by way of voluntary income from individuals and communities. We apply the same standards to the third parties we work with in our fundraising activity, providing training and routine monitoring to ensure they represent Al-Imdaad Foundation appropriately.

Our fundraising team utilise a number of different approaches, which include:

General Data Protection Regulation (GDPR)

The Al-Imdaad Foundation take protecting data very seriously. Our Data Protection Policy and privacy statements comply with and, in some cases, go beyond General Data Protection Regulation (GDPR) requirements, and our privacy policy is constantly reviewed. We never swap or sell supporter data; our supporters can change their communication preferences anytime.

We also recently provided training to all senior staff on implementing the GDPR action plan and its continued monitoring for compliance. Our Data Protection & Data Security Policy was last updated in January 2022

12

DocuSign Envelope ID: 8EABA743-F0E7-4B4C-A376-2DA1DC2AC886

Protection of Vulnerable People

Al-Imdaad Foundation abides by the Fundraising Regular's Code of Fundraising Practice and ensures our staff and volunteers are fully briefed about the code of conduct with regard to the protection of vulnerable people. Before any external facing fundraising activity is undertaken, we brief staff and volunteers on best practices and make them aware of the need to identify, respect, support and protect vulnerable individuals.

Complaints Handling

Our supporter relationships are paramount, so all feedback is important to us. It is always taken into account when we review or plan activities and is shared with our management team regularly.

Where we do not meet the high standards we set ourselves, we have a complaints policy. A complaint can be submitted to us either in person, by telephone, email or online via our website contact form. Complaints are dealt with according to the policy's process and reported to the Fundraising Regulator through the annual return. We are also obliged to abide by requests submitted weekly via the Fundraising Preference Service from donors who no longer wish to receive communications from us.

Trustees' responsibilities in relation to the financial statements

The Trustees (who are also directors of Al-Imdaad Foundation UK for the purpose of company law) are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give an accurate and fair view of the state of affairs of the charity and of the incoming resources and application of the charity's resources for that

period. In preparing these financial statements, the Trustees are required to:

13

DocuSign Envelope ID: 8EABA743-F0E7-4B4C-A376-2DA1DC2AC886

The Trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed.

They are also responsible for safeguarding the charity's assets and hence for taking reasonable steps to prevent and detect fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the charity and the financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Public Benefit

The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on Public Benefit when reviewing the charity's aims and objectives and in planning its future activities, which is an annual process.

Statement of Disclosure to Auditors

So far as the Trustees are aware, there is no relevant audit information of which the charitable company's auditors is unaware. Additionally, the Trustees have taken all the steps they ought to have taken to make themselves aware of any relevant audit information and establish that the auditor is aware of that information.

This report has been prepared in accordance with the special provisions relating to small companies within part 15 of the Companies Act 2006.

Approval

The Trustees' annual report was approved by the Management Committee on 30 March 2023 and signed on its behalf by:

________ Mahmood Miah Trustee

14

DocuSign Envelope ID: 8EABA743-F0E7-4B4C-A376-2DA1DC2AC886

Al-Imdaad Foundation UK

(A Company Limited by Guarantee) INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF AL-IMDAAD FOUNDATION UK LIMITED

Opinion

We have audited the financial statements of Al-Imdaad Foundation UK for the year ended 31 March 2022 which comprise the Statement of Financial Activities (including the Income and Expenditure Account), the Statement of Financial Position, the Statement of Cash Flows and the related notes numbered 1 to 24, including a summary of significant accounting policies.

The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including 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 (FRS 102) "second edition" effective 1 January 2019) - (Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

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 Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

15

DocuSign Envelope ID: 8EABA743-F0E7-4B4C-A376-2DA1DC2AC886

Al-Imdaad Foundation UK

(A Company Limited by Guarantee) INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF AL-IMDAAD FOUNDATION UK LIMITED

Other information

The other information comprises the information included in the annual report, other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinion on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees Report.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of the trustees

As explained more fully in the Statement of Trustees' Responsibilities statement set out on page 13, the trustees (who are also the directors of Al-Imdaad Foundation UK Limited for purposes of Company Law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

16

DocuSign Envelope ID: 8EABA743-F0E7-4B4C-A376-2DA1DC2AC886

Al-Imdaad Foundation UK

(A Company Limited by Guarantee) INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF AL-IMDAAD FOUNDATION UK LIMITED

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.

However, the primary responsibility for the prevention and detection of fraud rests with both those charged with governance of the company and management.

A further description of our responsibilities for the audit of the financial statements is located at the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

____ Mohammed Haque (Senior Statutory Auditor) for and on behalf of MAH, Chartered Accountants Statutory Auditors

30/03/2023 2nd Floor 154 Bishopsgate London EC2M 4LN

17

DocuSign Envelope ID: 8EABA743-F0E7-4B4C-A376-2DA1DC2AC886

Al-Imdaad Foundation UK (A Company Limited by Guarantee)

Statement of Financial Activities (including the Income and Expenditure Account) for the year ended 31 March 2022

Notes
Income and endowments from:
Donation and legacies
Voluntary income: Donation and appeals
2
Gift Aid Income
2
Activities for generating funds
Fundraising activities
Investments
Rental income
2
Income from charitable activities
2
Total income and endowments
Expenditure on:
Expenditure on raising funds
Cost of generating voluntary income
5
Expenditure on charitable activities
Grants payable
Emergency aid and programmes
Total expenditure
Gain on revaluation of investment property
11
Net income/(expenditure)
Transfer between funds
16
Net movement in funds for the year
Funds balance at 31 March 2021
Funds balance at 31 March 2022
3,4		 Unrestricted
Funds
2022
£
10,105
198,910
4,585
-
-
213,600
(3,950)
-
-
(3,950)
-
209,650
(496,390)
(286,740)
744,965
458,225		 Restricted
Funds
2022
£
2,131,619
-
-
7,976
228,814
2,368,409
(43,788)
(152,455)
(2,675,619)
(2,871,862)
-
(503,453)
496,390
(7,063)
189,977
182,914		 Total Funds
2022
£
2,141,724
198,910
4,585
7,976
228,814
2,582,009
(47,738)
(152,455)
(2,675,619)
(2,875,812)
-
(293,803)
-
(293,803)
934,942
641,139		 Total Funds
2021
£
1,791,664
212,419
-
10,504
68,650
2,083,237
(51,259)
(54,690)
(1,836,700)
(1,942,649)
-
140,588
-
140,588
794,354
934,942

The Statement of Financial Activities has been prepared on the basis that all operations are continuing.

The notes on pages 21 to 29 form part of these financial statements.

18

DocuSign Envelope ID: 8EABA743-F0E7-4B4C-A376-2DA1DC2AC886

Al-Imdaad Foundation UK (A Company Limited by Guarantee) Statement of Financial Position As at 31 March 2022

Notes 2022 2021
£ £
Fixed assets
Tangible assets 10 115,360 123,775
Investments 11 126,500 126,500
241,860 250,275
Current assets
Debtors 12 193,982 249,147
Cash at bank 208,297 610,825
402,279 859,972
Creditors: amounts falling due within one
year 13 (3,000) (3,000)
Net current assets 399,279 856,972
Total assets less current liabilities 641,139 1,107,247
Creditors: amounts falling due after more
than one year 14 - (172,305)
Net assets 641,139 934,942
Funds
Unrestricted funds 16 458,225 744,965
Restricted funds 16 182,914 189,977
Total Charity Funds 641,139 934,942

Approved by the board and signed on its behalf on 30 March 2023 by:

Mahmood Miah

Trustee

Company number: 07511498

The notes on pages 21 to 29 form part of these financial statements.

19

DocuSign Envelope ID: 8EABA743-F0E7-4B4C-A376-2DA1DC2AC886

Al-Imdaad Foundation UK (A Company Limited by Guarantee) Statement of Cash Flows for the year ended 31 March 2022

Notes
Cash flows from operating activities
17
Cash flows from investing activities
Purchase of tangible fixed assets
10
Cash provided by (used in) investing activities
Cash flow from financing activities
Cash used in financing activities
(Decrease)/increase in cash and cash equivalents
Reconciliation of net cash flow to movement in net cash
(Decrease)/increase in cash and cash equivalents in the period
Change in net cash
Cash and cash equivalents at the beginning of the year
Total cash and cash equivalents at the end of the year		 2022
£
(398,521)
(4,007)
(4,007)
-
-
(402,528)
(402,528)
(402,528)
610,825
208,297		 2021
£
164,602
(9,477)
(9,477)
-
-
155,125
155,125
155,125
455,700
610,825

The notes on pages 21 to 29 form part of these financial statements.

20

DocuSign Envelope ID: 8EABA743-F0E7-4B4C-A376-2DA1DC2AC886

Al-Imdaad Foundation UK (A Company Limited by Guarantee) Notes to the Accounts for the year ended 31 March 2022

1 Accounting policies

Basis of preparation

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 (FRS 102) "second edition" effective 1 January 2019) - (Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

The Charity meets the definition of a public entity under FRS 102. Assets and liability are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

The preparation of the the financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates and it also requires judgement in applying the charitable company's accounting policies. The items where these judgements and estimates have been made include:

Refer to the accounting policies below for Tangible Fixed Assets and Investments and Notes 10 & 11 for further details.

Going concern

The directors/trustees are not aware of any material uncertainties about the charity's ability to continue as a going concern. The financial statements have therefore been prepared on the basis that the charity is a going concern.

We have adequate resources and are well place to manage risks. Our planning process, including financial projections, has taken into consideration the current economic climate and its potential impact on the various sources of income and planned expenditure. We have a reasonable expectation that we have adequate resources to continue in operational existence for the foreseeable future. We believe that there are no material uncertainties that call into doubt the charity's ability to continue.

Fund Accounting

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectivities of the charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of any designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost 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.

Projects Payable

Grants for which there is a legal obligation, or a valid expectation of receipt by the beneficiary at the year end, and for which conditions attaching to their payment have been fulfilled, are accounted for within the Statement of Financial Activities. Grants approved subject to conditions that have not been met at the year end are noted as a commitment (see note 4).

Incoming Resources

Items of income are recognized and included in the accounts when all of the following criteria are met:

Grants are apportioned to the Statement of Financial Activities when the Charity is entitled to the income, which may be determined by the Charity having met certain terms or conditions.

21

DocuSign Envelope ID: 8EABA743-F0E7-4B4C-A376-2DA1DC2AC886

Al-Imdaad Foundation UK (A Company Limited by Guarantee) Notes to the Accounts for the year ended 31 March 2022

1 Accounting policies (continued) Resources Expended

• Grants payable are payments made to third parties and Al-Imdaad South Africa in the furtherance of the charitable objectives of the company. The grants are accounted for once the offer has been accepted and all obligations under the offer complied with.

Support costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll, pension and governance costs which support the Charity’s activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities. The support costs are apportioned on an appropriate basis e.g. as a percentage of direct costs.

Tangible Fixed Assets

Tangible fixed assets are recorded at cost. The Trustees have agreed to set the de-minima limit to £5,000.

Depreciation

Tangible fixed assets other than long leasehold buildings classed as investment properties are stated at cost less depreciation and accumulated impairment losses. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Long Leasehold Buildings - 2% straight line IT Equipment - 20% straight line Fixtures and Fittings - 20% straight line

Investments

Land and buildings classed as investment properties are initially recognised at historical cost and then measured at market value as at the date of their last valuation. Investment properties shall not be subject to periodic charges for depreciation except for properties held on short leases, which shall be depreciated over the period when the unexpired term is 20 years or less.

Foreign Currency

Transactions in foreign currency are translated at rates prevailing at the date of the transaction. Balances denominated in foreign currencies are translated at the rate prevailing at the year-end. All exchange differences are recognised through the statement of financial activities.

Financial assets

Basic financial assets, including trade and other debtors and cash or bank balances, excluding any financing transactions, are initially recognised at transaction price and are subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Investments in equity instruments (other than the company's own equity or any subsidiaries, associates and joint ventures) are initially recognised at their transaction price and are subsequently measured at fair value at each period end. Changes in fair value are recognised in the profit or loss. Fair value is measured with reference to the net asset value per share at the period end.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) despite having retained some significant risks and rewards of ownership, control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Financial liabilities

Basic financial liabilities, including trade and other creditors and bank loans, excluding any financing transactions, are initially recognised at transaction price and are subsequently measured at amortised cost determined using the effective interest method.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

22

DocuSign Envelope ID: 8EABA743-F0E7-4B4C-A376-2DA1DC2AC886

Al-Imdaad Foundation UK

(A Company Limited by Guarantee) Notes to the Accounts for the year ended 31 March 2022

2 Income and endowments

Income and endowments
Donations
Rental Income
Activities for Generating Funds
Transfers in from other Charities
Gift Aid Income		 Unrestricted
Fund
£
10,105
4,585
198,910
213,600		 Restricted
Fund
£
2,131,619
7,976
-
228,814
2,368,409		 2022
Total
£
2,141,724
7,976
4,585
228,814
198,910
2,582,009		 2021
Total
£
1,791,664
10,504
-
68,650
212,419
2,083,237

Transfers in from other Charities' relates to grants from our partnership charities around the world for which we carry out specific charitable projects on their behalf. All partner charities are subject to regular monitoring and reporting.

23

DocuSign Envelope ID: 8EABA743-F0E7-4B4C-A376-2DA1DC2AC886

Al-Imdaad Foundation UK (A Company Limited by Guarantee) Notes to the Accounts for the year ended 31 March 2022

3 Expenditure on charitable activities

Direct Costs
General Relief (inc Emergency Relief)
Water Aid
Eye Cataract
Blankets
Food Packages/Iftar
Welfare of Widows and Orphans
Eid Gift Packs
Meat
Food for Thought
Wheelchair
Mosque Re-Construction
Shelter
Education Programme
Medical Aid
Empowerment Project
Hardship
Quraan & Sunnah Project
Sanitation
Winter Warmth Pack
Wedding Programmes
Box4Life
Covid
Olive Tree Project
Uyghur Humanitarian Aid
Other Direct Costs
Total direct costs
Support costs
Bank charges
Computer expenses
Head office admin costs
Hospitality
Internet & phone
Motor and travel costs
Postage
Printing & stationery
Insurance
Refreshments
Repairs & maintenance
Subscription fees
Pension and staff development cost
Wages and salaries
Trustee expenses
Legal and professional
Bad Debts
Utilities
Depreciation
Sundry expenses
Governance costs:
Accountancy and audit fees
Total support costs
Total Resources Expended on Charitable Activities		 Grant Payable
2022
£
1,000
-
-
-
19,144
5,942
2,500
500
-
-
-
-
66,999
1,590
7,000
850
-
-
-
250
-
36,348
-
-
7,400
149,523
£
1
49
232
24
107
24
22
5
88
-
174
57
364
622
38
35
-
236
670
22
162
2,932
152,455		 Emergency
Aid
2022
£
378,148
195,984
-
46,300
462,341
367,105
60,976
53,444
2,984
803
107,994
518,717
37,234
7,019
17,285
1,236
7,554
4,755
92,651
-
-
6,000
24,415
47,714
183,518
2,624,177
£
24
851
4,075
418
1,882
415
385
94
1,537
-
3,062
1,001
6,385
10,910
659
619
-
4,150
11,752
385
2,838
51,442
2,675,619		 Total
2022
£
379,148
195,984
-
46,300
481,485
373,047
63,476
53,944
2,984
803
107,994
518,717
104,233
8,609
24,285
2,086
7,554
4,755
92,651
250
-
42,348
24,415
47,714
190,918
2,773,700
£
25
900
4,307
442
1,989
439
407
99
1,625
-
3,236
1,058
6,749
11,532
697
654
-
4,386
12,422
407
3,000
54,374
2,828,074		 Total
2021
£
197,183
237,892
7,900
-
421,172
101,155
71,166
62,257
1,756
5,100
121,637
144,339
69,920
26,073
5,865
21,200
4,533
9,332
80,911
5,150
19,940
10,200
535
-
193,515
1,818,731
£
10
(194)
6,085
160
5,208
808
534
853
2,076
115
1,021
8,241
12,333
-
267
2,960
13,723
-
15,121
338
3,000
72,659
1,891,390

24

DocuSign Envelope ID: 8EABA743-F0E7-4B4C-A376-2DA1DC2AC886

Al-Imdaad Foundation UK (A Company Limited by Guarantee) Notes to the Accounts for the year ended 31 March 2022

4 Projects payable
Activities per location
Myanmar
India
Kashmir
Nepal
Sri Lanka
Bangladesh
Ghana
Syria/Jordan
Nigeria
Tunisia
UK
Other
Support cost		 2022
£
100
27,088
12,370
15,100
13,960
1,513
7,500
59,656
-
-
5,947
6,289
149,523
2,932
152,455		 2021
£
-
18,493
-
-
-
5,770
4,250
12,158
5,010
-
7,407
-
53,088
2,102
55,190

The Charity makes grants to a number of different partner charities and individuals around the world after due consideration and careful assessment of a particular partner's charity and/or individual. The partner charities are used as an extension of Al-Imdaad Foundation to help further the objectives of the charity and carry out specific charitable programmes under our direction. All partner charities are subject to due diligence procedures and regular monitoring and reporting. Due to the inherent risks associated with working in some parts of the world, the names of the partner charities have not been disclosed.

Commitments

At the year end, the Trustees may have authorised certain grants which are subject to the recipient fulfilling certain conditions. The total amount authorised but not accrued as expenditure at 31 March 2022 was £nil (2021: £nil).

5 Expenditure on raising funds
Expenditure on raising funds
Advertising and leaflets
Wages and salaries
6 Analysis of staff costs
Wages and salaries
Social Security Costs
Defined contribution pension costs		 Unrestricted
Fund
£
1,681
2,269
3,950		 Restricted
Fund
£
18,634
25,154
43,788		 2022
Total
£
20,315
27,423
47,738
2022
£
165,921
10,300
2,903
179,124		 2021
Total
£
10,777
40,482
51,259
2021
£
165,133
11,831
3,686
180,650

The average number of employees employed during the year was 6 (2021: 9). The total number of administrative staff at the year end was 6 (2021: 9) of which 5 (2021: 7) were full time employees and 1 (2021: 2) were part time employees. No employees received remunerations of more than £60,000 in the year. It should be noted that the charity uses volunteers who work to support the charity by providing a few hours a week when needed. The total employee benefits of the key management personnel of the charity were £38,871 (2021: £40,649).

25

DocuSign Envelope ID: 8EABA743-F0E7-4B4C-A376-2DA1DC2AC886

Al-Imdaad Foundation UK (A Company Limited by Guarantee) Notes to the Accounts

for the year ended 31 March 2022

7 Net income for the year

Net income for the year
This is stated after charging:
Depreciation
Auditors remuneration:
Audit Fees
Accountancy Services
Trustee remuneration
Out of pocket expenses were reimbursed to a number of Trustees as follows:
Travel
The Trustees neither received nor waived any emoluments during the year, in their roles as trustees.		 2022
£
12,422
2,000
1,000
2022
£
697
697		 2021
£
15,121
2,000
1,000
2021
£
267
267

8 Trustee remuneration

The Charity’s regulations do not permit the payment of remuneration to trustees.

No Trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity during the year.

9 Taxation

The company is a registered charity and no provision is considered necessary for taxation.

10 Tangible fixed assets

Tangible fixed assets
Cost
At 1 April 2021
Additions
At 31 March 2022
Depreciation and impairments
At 1 April 2021
Charge for the year
At 31 March 2022
Carrying amount
At 1 April 2021
At 31 March 2022		 Long
Leasehold
Land &
Buildings
330,731
-
330,731
224,749
6,615
231,364
105,982
99,367		 IT Equipment
74,080
4,007
78,087
63,244
3,856
67,100
10,836
10,987		 Fixture &
fittings
£
15,774
-
15,774
8,817
1,951
10,768
6,957
5,006		 Total
£
420,585
4,007
424,592
296,810
12,422
309,232
123,775
115,360

26

DocuSign Envelope ID: 8EABA743-F0E7-4B4C-A376-2DA1DC2AC886

Al-Imdaad Foundation UK (A Company Limited by Guarantee) Notes to the Accounts for the year ended 31 March 2022

11 Fixed Asset Investments

Cost or valuation
At 1 April 2021
Revaluations
At 31 March 2022
Carrying amount
At 31 March 2021
At 31 March 2022
Included within fixed asset investments are investment properties held at fair value:
Historical cost
Revaluations
Market value as at last valuation		 Investment
properties
2022
£
126,500
126,500
126,500
126,500
2022
£
126,500
-
126,500

The investment property relates to rental units at the Charity's head office and has been reclassified out of land and buildings from tangible fixed assets as at 1 April 2015 under the transition to FRS 102.

The investment property was valued on an open market basis on 28 September 2022 by an external firm of Chartered Surveyors and is deemed to reflect the fair value as the year end.

12 Debtors
Prepayments and accrued income
Gift Aid Income
Other debtors
13 Creditors: amounts falling due within one year
Accruals and deferred income
14 Creditors: amounts falling due after one year
Other loan- Al Imdaad Foundation South Africa		 2022
£
3,001
165,398
25,583
193,982
2022
£
3,000
3,000
2022
£
-
-		 2021
£
68,607
180,540
-
249,147
2021
£
3,000
3,000
2021
£
172,305
172,305

The other loans are payable to Al-Imdaad Foundation South Africa. The loans are unsecured, interest free and there are no set repayment terms other than the loan is not repayable within one year of the balance sheet date.

15 Analysis of net assets between funds

Tangible fixed assets
Investments
Current assets
Current liabilities
Long term liabilities
Net Assets at 31 March 2022		 Unrestricted
General
Fund
£
115,360
126,500
219,365
(3,000)
-
458,225		 Restricted
Fund
£
-
-
182,914
-
-
182,914		 Total
Funds
£
115,360
126,500
402,279
(3,000)
-
641,139

27

DocuSign Envelope ID: 8EABA743-F0E7-4B4C-A376-2DA1DC2AC886

Al-Imdaad Foundation UK (A Company Limited by Guarantee) Notes to the Accounts for the year ended 31 March 2022

**16 ** Statement of funds
Unrestricted Funds
General Reserve
Restricted Funds
Albania
Afghanistan
Bangladesh
Congo
Ethiopia
Ghana
Haiti
Head Office
Iraq
India
Indonesia
Kashmir
Kenya
Kosovo
Lebanon
Mozambique
Malawi
Macedonia
Myanmar
Nepal
Nigeria
Pakistan
Palestine/Gaza
Sierra Leone
Somalia/Africa
South Africa
Sri Lanka
Sudan
Syria/Jordan
Turkey
UK
Yemen
Donations to the most needy
Support costs
Total Restricted Funds
Total Funds		 At 1st April
2021
£
744,965
744,965
-
-
-
21,564
-
-
-
-
-
-
14,699
-
-
-
-
4,810
-
-
-
-
-
-
-
-
-
1,067
-
-
-
-
-
147,837
-
-
189,977
934,942		 Incomings
£
213,600
213,600
-
52,620
31,455
15,931
1,045
-
3,475
652,396
132
68,927
37,071
4,805
170,619
-
1,624
-
19,284
-
116,941
11,317
-
53,804
402,007
65
6,513
57,570
52,612
4,456
349,309
-
22,600
231,831
-
-
2,368,409
2,582,009		 Expenditure
£
(3,950)
(3,950)
(11,116)
(358)
(79,138)
(48,810)
(3,185)
(39,469)
(3,475)
(196,953)
(3,696)
(112,806)
(34,741)
(25,345)
(330,967)
(2,975)
(19,878)
(2,000)
(27,298)
(2,970)
(140,036)
(38,050)
(9,016)
(74,289)
(407,925)
(11,625)
(14,091)
(2,697)
(77,621)
(4,890)
(641,191)
(1,942)
(53,601)
(324,795)
(113,289)
(11,624)
(2,871,862)
(2,875,812)		 Profit on
investments
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Transfer
£
(496,390)
(496,390)
11,116
-
47,683
11,315
2,140
39,469
-
(455,443)
3,564
43,879
-
20,540
160,348
2,975
18,254
-
8,014
2,970
23,095
26,733
9,016
20,485
5,918
11,560
7,578
-
25,009
434
291,882
1,942
31,001
-
113,289
11,624
496,390
-		 At 31st
March 2022
£
458,225
458,225
-
52,262
-
-
-
-
-
-
-
-
17,029
-
-
-
-
2,810
-
-
-
-
-
-
-
-
-
55,940
-
-
-
-
-
54,873
-
-
182,914
641,139

All restricted funds are for specific humanitarian projects in particular areas of the world as chosen by the management committee.

Appropriate levels of support costs have been allocated to restricted. In order to maintain the 100% donation policy in respect of restricted donations a transfer has been made from unrestricted funds to cover these support costs.

17 Reconciliation of net movement in fund to net cash
flow from operating activities
Net income/expenditure for the reporting period as per the statement of financial activities
Add back depreciation charge
Decrease / (increase) in debtors
Increase / (decrease) in creditors
Net cash outflow from operating activities		 2022
£
(293,803)
12,422
55,165
(172,305)
(398,521)		 2021
£
140,588
15,121
36,344
(27,451)
164,602

28

DocuSign Envelope ID: 8EABA743-F0E7-4B4C-A376-2DA1DC2AC886

Al-Imdaad Foundation UK (A Company Limited by Guarantee) Notes to the Accounts for the year ended 31 March 2022

18 Related party transactions

Although, Al-Imdaad Foundation UK Limited is an independent UK charity, we are influenced by our international affiliates. Below are a summary of transactions undertaken during the year with our affiliates.

Al-Imdaad South Africa Al-Imdaad South Africa Al-Imdaad Australia
2022 2021 2022 2021
£ £ £ £
Income — projects 188,014 49,600 - -
Loan creditor - 172,305 - -
In addition to the above the charity has made emergency aid payments for various projects to the following related parties:
2022 2021
£ £
Al-Imdaad Foundation - Indonesia 34,737 -
Al-Imdaad Foundation - Jordan 604,281 -
Al-Imdaad Foundation - South Africa 656,481 188,014
Al-Imdaad Foundation - Congo 48,810 -
Al-Imdaad Foundation - Kenya 302,138 -

For certain projects Al-Imdaad Foundation UK also works closely in partnership with Al-Imdaad Foundation South Africa and leverages their expertise and contacts to transfer funds from the UK to areas of the world which are difficult to reach such as Syria and Jordan.

Al-Imdaad Foundation UK also works with various local partners who are not affiliates to help deliver global projects, including in countries such as Turkey.

19 Ultimate controlling party

There is no ultimate controlling party.

20 Capital

The company is a company limited by guarantee not having a share capital. Every member of the company undertakes to contribute a sum not exceeding £1 if the company has insufficient assets to discharge its liabilities in the event of winding up.

Accordingly, the company has no share capital and no reconciliation of movements in shareholders' funds has been presented.

21 Presentation currency

The financial statements are presented in Sterling.

22 Legal form of entity and country of incorporation

Al-Imdaad Foundation UK is a charitable company limited by guarantee incorporated in England with registration number 07511498.

23 Principal place of business

The address of the company's principal place of business and registered office is: 185 Audley Range, Blackburn, BB1 1TH.

24 Financial instruments

The charity has the following financial instruments:

Note 12
Financial liabilities measured at amortised cost
- Long term creditors
Note 14
Financial assets that are debt instruments		 2022
£
25,583
-		 2021
£
-
172,305

29