Charity Registration No. 1140854
THE ABDALLA FOUNDATION
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024

THE ABDALLA FOUNDATION
LEGAL AND ADMINISTRATIVE INFORMATION
Trustses
Dr Hossam Ibrahim Abdalla
Dr Madiha Mohamed Ahmed Elsawi
Charlty number
1140854
Prlnclpal address
20 Parkside
Imbledon
London
SW19 SNA
Indopgndent gxamlngr
Gilbert Holbourn FCA FCCA DChA
1 Upper Bridge Street
Kent
TN25 SAF
Bankers
Lloyds Private Banking
25 Gresham Street
London
EC2V 7HN
Solicitors
New Quadrant Partners Limited
25 Bury Street
St. James's
London
SW1Y 6AL

THE ABDALLA FOUNDATION
CONTENTS
Page
Trustees report
Independent examine¢s report
statement of financial activities
Balance sheet
Notes lo the financial ststemenls
9-13

THE ABDALLA FOUNDATION
TRUSTEES REPORT
FOR THE YEAR ENDED 5 APRIL 2024
The Trustees present their report and accounts for the year ended 5 April 2024.
The accounts have been prepared in accordance with the accounting Policies sel out in note 1 to the accounts
and comply with the Charity's Trust Deed, the Charities Act 2011 and 'Accounting and Reporting by Charities..
Statement of Recommended Practice applicable lo charitie5 preparing their accounts in accordance wth the
Financial Reporting Stsndard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191"
Objectives and activities
The Trustees operate a grant giving policy, providing ftjnds for such charitable objert or instituty'on as the
Trustees think fit.
The current main aims of the charity are..
To fund organisalions that support tolerance between middle Eastern religions.
To support organisalions in Egypt which help educate young people in health and religion.
To ensure that any grants they make are in line wth their charitable objects and observe the impact of
any grants they make.
To maintsin resources al a reasonable level in order to wntinue lo provide general charitsble assistan
in the foreseeable future.
Publ1¢ beneflt
The Trustees confirm that they have referred to the guidance contained in the Charity Commission's revised
general guidance on public benefit when reviewing the Charity's aims and objectives and in planning future
activities and setting the grant making policy for the year.
The Charity carries out these objectives by providing grants lo institutions in the UK and overseas whose objects
comply with the Charity's criteria. The Trustees are mindful of their own obligation lo ensure that the Trust
benefits the public generally and lo ensure that recipients of grants operate for the public benefrt.
Potential rerypients of grants are identified by the Trustees individually in areas where it is perceived that public
benefit will be achieved. The opportunity to benefit is not restricted in any way. The Trustees obtain evidence that
any organisations or individuals they support do what they purport to and wll keenly observe the impact of any
grants they make. In all other respects, grants are not limited in any way except that the recipients should have a
charitable need.
The Trustees therefo￿ consider that the Charity's activi(ies are for the benefit of the public generally.

THE ABDALLA FOUNDATION
TRUSTEES REPORT {CONTINUED
FOR THE YEAR ENDED 5 APRIL 2024
Financial review
In the year ended 5 April 2024, the Trustees received £125,000 donations in the form of cash and GiftA'd12023-
£0).
The Trustees awarded grants totalling £28,26512023- £29,161) during the year in accordan￿ ￿rith the Charity's
grant making policy. A detailed list of all grants made in the year is included in note 7 to the accounts.
Results for the year
During the year ended 5 April 2024, total incoming resources amounted lo £212,103 12023 - £65,108), being
investment income and interest and donations and Gift Aid re￿iVed by the Charity 12023 being investment
income, and interest received by the Charity).
The Trustees, charitable activities amounted to £28,265 12023 - £29,161). Governance costs, inclusive of
Investment management costs, amounted ID £31,124 12023 - £28,608) and the net incoming resources were
£152,71412023- £7,339).
Net investment gains in the year tolalled £294,31612023 - losses of £189,768). The nel movement in funds for
the year after investment gains and losses resulted in an increase of £447,03012023- decrease of £182,429).
Flnanclal poslllon
The stslement of financial activities shows total unrestricted fvnds of £3,864,451 12023 - £3,417,421). The
unrestricted fund comprises amounts which ultimately are free reserves but which are held by the Trustees so as
to ensure the continued generation of income in future periods, thereby helping to safeguard the long tem
existence of the Charity and the achievement of f(s objectives. Thè size of the unreslricled fund sustains and
supports the level of donations which the Trustees wish lo maintsin and enhance over time. The Trustees
consider the free reserves lo be adequate but not excessive in the light of the Charity's reserve policy.
Reserves pollcy
The unreslricled fund represents the funds received by the Charity on its creation, adjusted for nel movements
since that date. The Trustees have power to meet administrative expenses from this fund and may apply the
income towards the general purposes of the Charity.
There Is no reslricled fund In place so all charitable activities are treated as paid from unrestricted funds.
The Charity is operated as a grant giving charity, and the Trustees, policy is lo administer the assets on an
absolute basis and seek to make donations as they see fil in each financial year, subject lo regular review.
The trustees believe that the reserves are adequate and provide a stable basis for its continuing activities and
these are reviewed on a regular basis.

THE ABDALLA FOUNDATION
TRUSTEES REPORT {CONTINUED
FOR THE YEAR ENDED 5 APRIL 2024
Investment policy and performance
During the year the Charity's investment assets increased by 8.73%12023 - decrease of 5.460/01. This is based
on the total retum figures provided by Bloomsbury, who manage the Charity's investment portfolio. The figure in
the previous yearfs accounts 12023 - decrease of 6.500/9> was based on the unrealised gainslloss as a
percentage of the market value as at 5 April 2023.
Total interest and dividend income received in the year amounted to £87,10312023 - £65,108) which equates to
a yield of 2.44°k12023- 2.02°Al based on the market valuation of the investment assets al the year end.
The investment manager will continue to invest in accordance wth the agreed investment strategy. A prudent
investment policy has been adopted by the Trustees. who have invested the assets with Bloomsbury Vveallh on a
discretionary mandate. Bloomsbury Wealth provide diversification through holding a number of investment funds.
The trustees are satisfied with the performance of the investments and remain content that their investment
objectives are being mel.
Rlsk Management
In line with the requirement for charity Trustees to undertake a risk assessment exercise, the Trustees have
identified three main areas where risks may occur..
Governance
Operational Risk
Financial Risk
Governance covers the continuity of trusteeship, the skills and background of the Trustees and the policy of
regular meeb'ngs of the Trustees to review their aims and activities.
Operational risk covers the risk inherent in the delegation of statutory and legal requirements of the Charity, ils
management and secretarial functions and delegation of those functions.
Financial risk include those inherent in the delegation of the financial record keeping of the Charity, Its
independent examination and review procedures.
Having assessed the major risks lo which the charity is exposed, in particular those relating lo its finances. the
trustees believe Ihat by ensuring controls exist over key financial systems incorporating the systems and controls
implemented by New Quadrant Partners Limited, subject to regular monitoring, they have established effective
systems to mitigate those risks.
The risk assessment wll be kept under regular review and wll be fully reassessed every three years.
Future plans
The Trustee5 do not anticipate any significant changes lo the Charity or its activities over the next two to five
years. It is their intention lo meet the following objectives".
To ensure the investment performance achieves the criteria set by them so that there are sufficient funds
lo meet their grant giving activities.
To continue to make grants at a similar. if not higher, level.
To consider adding cash funds to the investment portlolio lo enhance the generation of income and
capital gains on the Charitls funds.
structure. governance and management
The Abdalla Foundation is governed by a Trust Deed dated 24 February 2011 and received confimialion of
charitable stslus on 22 March 2011. The Charity is registered under the Charities Act 2011. Charity Registration
Number 1140854.

THE ABDALLA FOUNDATION
TRUSTEES REPORT {CONTINUED
FOR THE YEAR ENDED 5 APRIL 2024
Trustees
The Trustees who served during the year were..
Dr Hossam Ibrahim Abdalla
Dr Madiha MohamedAhmed Elsawi
Appolntment of Trustees
The statutory power of appointment of new Trustees lies with the Trustees themselves. There must be at least
two Trustees. Apart from the First Trustees, every Trustee musl be appointed by a resolution of the Trustees
passed at a special meeting. The Trustees wll select individuals with the relevant kno￿edge and experience
needed for the effective adminislralion of the Charity. The new Trustee is given upon first appointment a copy of
the Trust deed and any amendments made lo il and a copy of the Charity's latest report and slalement of
accounts.
Structure and management reporting
The Trustees are ultimately responsible for the policies, activities and assets of the Charity. They meet al least
twice a year to review the developments with regard lo the Charity and ils grant giving activities and to make any
important decisions. Vvhen necessary, the Trustees seek advice and support from the Charity's professional
advisors including solicitors and accounlanls. The day lo day management of the Charity's activities, and the
implementation of PDliaes, is dealt ￿rith by the Trustees, Finance and Administration Consultant, Diana Flood.
Diana administers payments for the Charity and provides statements lo New Quadrant Partners Limited to
enable them to complete the annual financial statements.
At their meetings the Trustees review the proposals for grants and grants made, and the level of funds available.

THE ABDALLA FOUNDATION
TRUSTEES REPORT {CONTINUED
FOR THE YEAR ENDED 5 APRIL 2024
Trustees, responslbllltles In relatlon to th& flnanclal ststements
The Charity's Trustees are responsible for preparing the Trustees. Annual Report and financial statements in
accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice).
The law applicable to Charities in England and Wale5 requires the Trustees to prepare financial slalements for
each financial yèar which give a true and fair view of the slate of affairs of the Charity and of thè incoming
resources and application of resources of the Charity for that period. In preparing these financial slatemenls, the
Trustees are required to..
select suitable accounting policies and apply them consislenlly.,
observe the methods and principles of the Charities SORP.,
make judgements and estimates that are reasonable and prudent.,
slate whether applicable accounting standards have been followed, subject to any departures disclosed
and explained in the financial 5talemenls, and
prepare the financial statements on a going concem basis unless il is inappropriate lo presume that the
Charity will continue in operation.
The Trustees are responsible for keeping proper accounting records which 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. The Trustees are also responsible for safeguarding the assets of the Charity and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularities.
The Trustees meet al least twce a year lo review the management accounts, forecasts and cashflow analysis.
The Trustees believe that the charity is a going concern and for this reason the going concern basis for the
preparation of the financial statements is considered valid.
20-Jan-2025
The report was approved by the Trustees on .............................................. and signed on their behalf by..
Dr Hossam Ibrahlm Abdalla
Dr Madlha Mohamed Ahmed Elsawl
Dated".
2010112025
Dated".
2110112025

THE ABDALLA FOUNDATION
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE ABDALLA FOUNDATION
I report on the accounts of the for the year ended 5 April 2024, which are set out on pages 7 10 13.
Respective responsibilities of Trustees and examiner
The charity's Trustees are responsible for the preparation of the accounts. The charity's Trustees consider that an
audit is not required for this year under section 144121 of the Charities Act 2011 Ilhe 2011 Act) and that an
independent examination is needed.
11 is my responsibility to..
examine the accounts under section 145 of the 2011 Act.,
lill lo follow the procedures laid down in the general Directions given by the Charity Commission under section
14515llbl of the 2011 Act, and
liiil lo stsle whether particular matters have come to my attention.
Basls of Independent examlner's report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An
examination includes a review of the accounting records kept by the charity and a comparison of the accounts
presented wth those records. 11 also includes consideration of any unusual items or disclosures In the accounts,
and seeking explanations from you as Ituslees concerning any such mallers. The procedure5 undertaken do not
provide all the evidence that would be required in an audit and consequently no opinion is given as lo whether
the accounts present a 'lrue and fair view, and the report is limited lo those matters set out in the next statement.
Independent examlner's statement
In connection wth my examination, no matter has come to my attention..
lal which gives me reasonable cause lo believe that in any material respect the requirements".
to keep accounting records in accordance with section 130 of the 2011 Act., and
{iil to prepare accounts which accord with the accounting records, and comply with the accounting
requirements of the 2011 Act.,
have not been met or
Ibl to which, in my opinion, attention should be drawn in order to enable a proper understanding of the
accounts lo be reached.
I have no concerns and have come across no other matters in connection to which attention should be drawn in
this report in order to enable a proper understanding of the accounts lo be reached.
Gilbert Holbourn FCA FCCADChA
1 Upper Bridge Street
Kent
TN25 SAF
22-Jan-2025
Dated..

THE ABDALLA FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 5 APRIL 2024
Total
2024
Total
2023
Notes
Income from:
Donations and legacies
Investments
125,000
87,103
65,108
Total income
212,103
65,108
Expgndlturg on:
Raising funds
19,270
19,404
Charitable activities
40,119
38,365
Total resources expendad
59,389
57,769
Net income
152,714
7,339
Net gainslllossesl on investments
294,316
1189,7681
Net income and movement in funds
447,030
1182,4291
Fund balance al 6 April 2023
3,417,421
3,599,850
Fund balanco al S Aprll 2024
3,884,451
3,417,421
The notes on pages 9 10 13 form part of these financial stalemenls.
All recognised gains and losses are included in the abDve statement of financial activities.
All of the Charity's activities derived from Continuing operations during the above finanaal year.

THE ABDALLA FOUNDATION
BALANCE SHEET
ASAT5APRIL 2024
2024
2023
Notes
Flxed assets
Investments
Current assets
Debtors
Cash at bank and in hand
3,583,734
3,224,749
10
25,000
257,530
300
194,884
282,530
195,184
CreditoTr: amounts falling due within
one year
11
1,813
2,512
Net current assets
280,717
192,872
Total assets less current liabilitios
3,864,451
3.417,421
Income funds
Unrestricted funds
3,864,451
3,417,421
The notes on pages 9 10 13 form part of these financial stslemenls.
The financial slalements were approved by the Trustees and aulhorised for issue on
signed on their behalf by..
20-Jan-2025
and are
Dr Hossam Ibrahim Abdalla
Trustee
Dr Madiha Mohamed AhTned Elsawi
Trustee

THE ABDALLA FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024
Accounting policies
1.1 Accounting convention
These accounts have been prepared in accordance wth FRS 102 'The Financial Reporting Standard
applicable in the UK and Republic of Ireland" I'FRS 1021, 'Accounling and Reporting by Charities" the
Statement of Recommended Practice for charities applying FRS 102, the Charities Act 2011 and UK Generally
Accepted Accounting Practice as it applies from 1 January 2019.
The Charity is a Public Benefit Entity as defined by FRS 102.
The accounts are prepared in sterling. which is the functional currency of the charity. Monetsry amounts in
these financial statements are rounded to the nearest £.
1.2 Golng concern
Al the lime of approving the accounts, the Trustees have a reasonable expectstion that the Charity has
adequate resources lo continue In operational existence for the foreseeable future. Thu5 they continue lo
adopt the going concern basis of accounting In preparing the accounts.
1.3 Incomlng rasources
Income is recognised when the Charity is legally entitled after any performance conditions have been met, the
amounts can be measured reliably, and It is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised On￿ the Charity has been notified
of the donation, unless performance conditions require deferral of the amount. Income lax recoverable in
relation to donations re￿iVed under GiftAid is recognised at the lime of the donation.
Investment income is accounted for in the period in which the charty is enlilled lo re￿ipl.
1.4 Resources expended
The cost of the charitable activities are induded in the statement of financial activities on an accruals basis,
indusive of VAT, which cannot be recovered.
Charitable costs comprise grants payable in promoting and enhancing charitable work carried out by other
charitable organisations and the cost of administering thè aetivilies of the Charity. Grants payable are includèd
in the statement of financial activities when approved and when the intended recipient has either received the
funds or been informed of the decision lo make the donation and has satisfied all related condrtions. Grants
approved bul not paid at the end of the financial year are accrued. Grants where the beneficiary has not been
informed or has to meet ￿rtain conditions before the grant is released are not accrued bul are noted as
financial commitments in the notes to the accounts.
Govemance costs indude costs which are directly attributable to the Independent Examination and other
procedures ne￿SSary for compliance with 5talulory requirements and the governan￿ of the Charity.
1.5 Flxed asset Investments
Listed investments are a form of basic financial instrument and are initially recognised at their transaction
value and subsequently measured at their fair value as at the balance sheet date using the closing quoted
market pri￿.
Realised gainslllossesl on investments assets are calculated on the difference between disposal proceeds
and their opening carrying value or purchase value if acquired subsequent lo the first day of the financial year.
Unrealised gainslllossesl on investments assets are calculated as the difference between the fair value al the
year end and their carrying value al that date. Realised and unrealised investment gainslllossesl are
combined in the statement of financial activities and are creditedlldebitedl in the year which they arise.

THE ABDALLA FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Accountlng pollcles
Icontlnuedl
1.6 Cash and cash equlvalents
Cash and cash equivalents indude cash in hand, deposits held at call wth banks, other short-term liquid
investments with original malurilies of three months or less, and bank overdrafts. Bank overdrafts are shown
thin borrowngs in current Iiabililies.
1.7 Taxation
The Abdalla Foundation is a registered Charity and therefore is not liable lo income tax or corporation lax on
income or gains derived from ils charitable activities as they fall wlhin the exemptions available lo registered
charities.
1.8 Forelgn exchange
Transactions in currencies other than pounds sterfing are recorded at the rates of exchange prevailing at the
dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in
foreign currencies are retranslated al the rates prevailing on the reporting end date. Gains and losses arising
on translation are included in net incomellexpenditurel for the period.
1.9 Debtors and creditors
Debtors a￿ recognised al their settlement amount or maturity value, less any provision for non-recoverabilily.
Creditors are recognised when there is an obligation at the balance sheet dale as a result of a past event. il is
probable that a transfer of economic benefit will be required in settlement. and the amount of the settlement
can be estimated reliably. Creditors are recognised by the amount the Charity anb'cipates it will pay to settle
the debt.
1.10 Related party transactions
Dr Hossam Ibrahim Abdalla made £80,000 donation12023- £0) to the charity in the year.
Dr Madiha Mohamed Ahmed Elsawi made £20,000 donalion12023- £0) to the charity in the year.
1.11 Staff Costs and Trustees. Remuneration
The Charity employed no staff during the year or prior year.
The key management of the charity consist of the Trustees only.
No Trustees received any remuneration in respect of their services or were reimbursed for expenses during
the current or prior yeai.
Critical accounting e5timatss and judgements
In the application of the Charity's accounting poliryes, the Trustees are required lo make judgements,
eslimales and assumptions about the carrying amount of assets and liabilities that are not readily apparent
from other Sour￿$. The estimates and associated assumptions are based on historical experience and other
factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and undedying assumptions are reviewed on an ongoing basis. Revisions to accounting
eslimales are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
No such judgements or estimates were used in the preparation of these finanryal statements.
10-

THE ABDALLA FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Donations and legacies
2024
2023
Cash donations
GiftAid
100,000
25,000
125,000
Invostments
Total
2024
Total
2023
Income from listed investments
Interest receivable
80,527
6,576
63,336
1,772
87,103
65,108
Ralslng funds
Total
2024
Total
2023
Investment management costs inclusive of custody charges
19,270
19,404
Charitable activities
2024
2023
Independent Examination fee
Diana Flood administration fee
Bank charges
New Quadrant Partners Limited fees
LSE Social Entrepreneurship course
1,550
1,000
304
7,200
1,800
1,500
1,100
304
6,300
11,854
9,204
Grant funding of activities (see note 71
28,265
29,161
40,119
38,365

THE ABDALLA FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Grants payable
2024
2023
Grants lo institutions".
Alzheimer's Society
st Raphael's Hospi
Gaza Egypt Humanitarian Appeal
Egyptian Commune
Egyptian Food Bank
EMS-UK
Engaged Events UK Limited
FQMS
Hosam El Sokkari
IMET 2000
Magdi Yacoub Global Heart Foundation
Nicholas Danby Trust
Feeding Families in Rafah - Collection Pot
Parkinson's UK
Shelter
Womb Transplant UK
Women and Girls (Development)
Al Quds Medical School
2,602
301
1,000
2,400
1,000
1,012
1,000
1,500
2,000
1,000
1,000
8,749
300
1,000
14,000
282
200
2,400
5,000
2,400
6,800
1,500
28,265
29,161
Fixed asset investments
2024
2023
Investments: Listed on a recognised Stock Exchange
Carrying value (market value) at 6 April 2023
3,114,178
3,256,437
Add:
Additions to investments al cost
173,716
138,609
Less..
Disposals (Proceeds £189,900 ." ￿alISed gain £62,320)
Net unrealised Ilossesllgain in year
1127,5801
231,996
178,4881
1202,3801
Net unrealised market value al 5 April 2024
Cash held with Investment Manager
3,392,310
191,424
3,114,178
110,571
Marf(et value including cash with investment Manager al 5 April 2024
3,583,734
3,224,749
Historical cost of listed investments at 5 April 2024
2,709,083
2,662,947
12-

THE ABDALLA FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2024
Net gainslllossesl on investments
Totsl
2024
Total
2023
Revaluation of investments
Gainlloss on sale of investments
231,996
62,320
1202,3801
12,612
294,316
1189,7681
10 Debtors
2024
2023
Amounts falllng due wlthln ono year:
Gift Aid due
Bank interest receivable
25.000
300
25,000
300
11 Creditors: amounts falling due within one year
2024
2023
Credit card balance due
Independent Examination fee
Other creditors
263
1,550
1,500
1,012
1,813
2,512
13-