AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 FOR QAMAR FOUNDATION CHARITY Charity number: 1150141 QAMAR FOUNDATION AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 CONTENTS Page Trustees Report Schedule 1 Auditor's Report Statement of Financial Activities Balance sheet Cash flow statement Notes to the financial ststements 9-14 Detailed slatement of financial activities 15-16 ANNUAL REPORT 202212023 UAMhRFDUNDAnoK SAVING LIVES & IMPROVING COMMUNITY STANDARDS CONTENTS PAGE Uamar Foundation". Transforming Lives Amid Hardship An Itnpactful Year Our Le8dership¥ Message OurTruslees Message Emergency Responses Winter Relief Program Rebuilds Homes for HerBI Earthquake Victims Building Homes for Orphèn& Disabled, and Needy Families Qurbani (Zabihal Prograrn A Lifeline foi Pool Families in Afghanistan Seasonal Aid (Ramadan Iftar Meals) Aid for 500 Beneficiaries in Pakistan 10 16 20 21 22 CDnclusion 23 Governing Documents 24 Qarnar foundation appreciates everyone's support over the past year. Alhamdulillah, through the will of our Alrnighly Creator Allah, we have changed the lives of thousands. With immense gratitude to Allah, we acknowledge the unwavering dedication of our staff, partners, volunteers, and beloved donors. Withuutyou, noneofthiswould be possible. QAMAR FOWATION ANNLiIL REPORT 202212029 Qamar Foundation:Transhrming LivesAmid Hardship Qamar Foufidalion has been a beacon ol hope lorlhousands olfatnilies in Alghanislan. working tirelessly lu pruvide critical support during sume ollhe most challenging times. Afghanistan, a country maiked by widespiead poverty and recurring crises. laces severe hardships. parlicularly in rural 8nd impoverished communities. Natural disasters such 8$ floods. earthquakes, and harsh winter conditions often exacerbate the already difficult living CDnditionsformanyfamilies. Qamar Foundation steps in during these Poverty in Alghanislan continues lo be a critical motnents, ufferingemergencyreliel, pres51ng i5sue,wilh manylamiliesslrugglinglo shelter. food disliibulion. and winter meet basic needs. Through ils various essenlials lo those most affecled. From humanitarian inilièlives, Qamar Foundation not rebuilding homes destroyed by floods to only provides immediate assistance bul also providing warmclolhing andfoodduringthe empowers cornmunities by offering long-lerm harsh Afghan winters, the foundation has solulionslo uplift the most vulnerable. through regainlheirlootingafterdisasleis. remains committed lo transforming lives and loslering resilience in Alghanislan's most underserved communities. 30000 + IFTAR MEAL 1400 + RAMOHAN PACK 1500 + FLOOD RELIEF 700 FAMILY SPONSORSHIP 'AN IMPACTFUL YEAR DESPITE A YEAR OF INTERMATIONAL COMFLICT. ECONOMIC UMCERTAINTY. AMD GROWING HARDSHIPS, QAMAR FOUNDAlloN REMAINED STEADFAST IN OUR MISSION TO ALLEVIATE SUFFERIN ALHAMDULILLAH,WEREACHEDOUTTO NEARLY, 100 000 20,000 + QURBANI MEAT PACK 1800 + HYGIENE KITS OFTHE MOST DISPLACED AMD VULNERABLE PEOPLEINTHEWORL GIVIMG THEM HOPE AMD SUPPORT DURING THEIR DARKEST MOMENTS. 90+ HOMES 5000 + WINTER PACK OUR LEADERSHIP'S MESSAGE Salarn Alaikum, even amid years of protracted war and political turrnoil, we remain rnolivatedtofulfill our rnission with a patriotic and spirited approaches neverbefore. The mission we are on will not end. The focus of our efforts will remain on serving the cornrnunity even in these difficult tirnes. Despite our deepening poverty in terrns of finances, our hearts are rich. The definition of helping does not depend on how much you have, but on how strong your heart is to do what's right without waiting for a reward from people, bul from Allah. Despite adversity, we remain steadfast in our mission of supporting our society Insha'Allah. It is through our collective efforts that we are improving our cornmunitiesand ourcountry. It has been an honor for our foundation to work with capable, committed partners in economic growth, education, emergency relief, and development in Afghanistan and beyond during these first few years. As a result of these experiences, our original idea of sharing has evolved into a deep conviction to contribute both our assets and our philanthropic spirit to those in need. If you share our vision, we would be delighted to have you join us as a partner, co-sponsor, or volunteer. Our cornbined efforts can make a greater impaclthan if we wereto workalone. Moving forward, we'll continue to engage with the major issues affecting communities in Afghanistan. By working with our supporters, communicating with them. and collaborating with them. we will do our best to support and inspire new efforts to improve the quality of lifefor all. May your generosity be rewarded abundantly, and may we continue to work together in bringing lighttothose in the darkest of tirnes. Rahmatullah Nowruz CEO DEAR SUPPORTERS AND DONORS On behalf of Qarnar Foundation. l extend my deepest gratitude for your continued generosity and Irusl in our mission. Your unwavering support enables us lo provide critical assistance to those in need, and logelher. we have rnade a significant difference in countless lives. ThankslD your contributions, we have been able ID respond swiftly ID ernergencies, offering essential relief during natural disasters such as floods and providing immediate support lo families who have lost everything. Your donations have also allowed us to distribute life-saving Ramadan food packs to vulnerable communities, ensuring that no one goes hungry duringthissacred mDnlh. Each donation you make, whether large or small, brings hope and comfort to those facing hardship. From providing clean water and emergency shelter to distributing food, clothes. and medical supplies, your support isthe cornerstone of our efforts. Thankyou. once again,for being a vital part of the Qamar Foundalionfamily. With heartfelt thanks, tmirwais Khanl Trustee, Qamar Foundation Ii'_I I 'He who alleviates the suffering of a brother out of the sufferings of the world, Allah would alleviate his suffering from the sufferings of the Day of Resurrection. Isahih Muslim 26991 wzJan Balkh Ifunduz Badakhsthan Takhar Faryab -Samangan Baghlan Sar-e Pol an. Badghis Nunst&n Eamyan Par Kap. unar Maidan Wardak .(8bul erat Ghor Nangarhar -ogar Daykundi Ghazni Ifhost Vr02gan Faiah Paktika Zabul Helmand andahar Nimruz OVER THE PAST YEAR QAMAR FOUNDATION HAS CHANGED THE LIVES OF MORE THAN 100,000 THOUSAND PEOPLE ACROSS19 + PROVINCES OF AFGHANISTAN. EMERGENCY RESPONSES Years of internal conflict and extreme natural disasters, particularly drought, have shaped Afghanistan'sturbulenl history Despite these war-torn conditions, the people of this nation continue to suffer from extreme poverty. Due to economic crises, Afghanistan is in desperate need of hurnanitarian assistance, as the effects of years of war, ongoing instability, and natural disastershave placedthe countryin a precariousposition. In our ongoing efforts lo provide immediate assistance to those in need, we have undertaken several initiatives.. 2500 + families received emergency pack This support aims lo alleviate their financial hardships and providethern withthe rneansto meettheir basic needs. Assistance for Refvgee& We have provided fresh hot meals. bread. lo refugees crossing from the Torkham border in Afghanistan. Additionally. we have distributed ready bread loaves to the neediest families in Kabul, ensuring they have accessto nourishing fDod during these diffculttirnes. "Protect yourself from hell-fire even by giving a piece of date as charity. (Al-Bukhari and Muslim). WINTER RELIEF PROGRAM QAMAR FOUNDATION REBUILDS HOMES FOR HERAT EARTHQUAKE VICTIMS Aslhewinler mDnlhscreep in,slorms and blizzards batter rnanyparts olAlghanistan. Exacerbating the situation, people in most parts olthe country ale uften ill-prepared lorlhe harsh weather. Their homes re builtforthe scorching summer. and the few items of clothing theyown ère simply not warm enough for winler.Those living In open spacesor tented campswill desperately need warm clothes and shelter lofendoff the bittercold. Basedon ourresear¢h,food isparlicularlyscarce in ruralareasollhe country, wilhr8porlsolincreasing rnalnulrition and deaths among the most vulnerable. Women and children are especially at risk, with womentypicallypriDrilizingtheirfaThilies'needsabovelheirowfi. In the wake of the devastating earthquake that struck Herat. Afghanistan. many families were left horneless, their lives shattered in an instant. Entire communities were reduced lo rubble,with families struggling to survive amidstthe destruction.The tragedy left thousands of people without shelter, forced to endure harsh weather conditions and the uncertaintyof howthey would rebuild their lives. Families are exhausling the last of any meager savings to buy a meaL and people are hegginy on the slreelslDrfood.Increasingnumbersolfamilie5arebeing pu5heddeep into deblju511obuyfood. Inlhewinler Relieloperalion5,Ihe Qamaileatnlocused ondeliveringlhe necessaryqualllili8sofwinler aid to the main concentrations ol underprivileged people suffering trom the winter season. Our team delivered vital assistance, including warm clothes, stove& blankets,wood, essentialwarm clothing and food IlemslDrmurElhaTr5000+familymemberslohelpneedyfamiliesslaywarrn,heallhy,and protected Ihroughoutlhewinler. Recognizing the urgent need for safe housing, Qamar Foundation stepped forward to provide life-saving support through its Horne Rebuilding Initiative. With compassion and swift action, Qamar Foundation has begun the process of constructing 27 new homes for the victims of the Herat earthquake. offering 8 beacon of hope to families who lost everything. BUILDING HOMES, RESTORING HOPE FOR ORPHANS, DISABLED, AND NEEDY FAMILIES QURBANI (ZABIHA) PROGRAM Each year, Qamar Foundation implements its Qurbani program, distributing meat packs during Eid ul-Adha. In Islam, the Muslim community is obligated to donate money so that livestock can be slaughtered, cut, and packaged. On behalf of donors, these packets are distributed lo itnpoverished families ill sotne of the Poorest areas, ensuringlhatfamilieswho normally have little or nofood can enjoya nulrilious meal. This year, we have distributed 20￿00 • meat Packs for the Qurbani relief program in Kabuland other provincesof Afghanistan Qarnar FoundaliDn is proud to announce its life-changing initialive to build 65 humes for orphans, disabled individuals, and needyfarnilies across Afghanistan. In a country where poverty and hardship have left many vulnerable, especially those without family 5UPPOrt or physical abililyto sustainthemselve5, the need forsecure housing is more criticalthan ever. For many orphans and disabled illdividuals, the lack of a stable home cotnpounds their daily struggles, making survival even rnore difficult. Families facing extrerne poverty, with little to Tho income, often endure unsafe living conditlDns. further deepening their vulnerability. Without the comfort of a home, they are exposed to harsh weather, insecurity, and the psychologicaltollof uncertainty. Qamar Foundation¥ housing initiative seeks lo restore dignity and hope by providing safe,warm, and secure hornesforthese deserving individuals. Each home Is more than just a shelter-il is a foundation for a better future, where children can grow UP Wlth stability, and families can start rebuilding their lives with confidence. E] Pi Allah says, 'It is not their meat nor their blood, that reaches Allah.. it is your piety that reaches Him. arrated from Ahu Hllrairah that the Messenuer of Allah said: dies all his good deeds come to an end except three.. Onyoing Charity yahl, beneficial knDwledye and a righleDu$ son who prays fDr him.. (Sunan an-Nasa'i 365 Ima Isadiqali J31 122.31 A LIFELINE FOR POOR FAMILIES IN AFGHANISTAN SEASONAL AID RAMAOAN IFTAR MEALS For countless Afghan families, the struggle for daily survival overshadows the joy and spiritual significance of Ramadan. With widespread poverty. food insecurity, and the ongoing impact of years of conflict, many are left wondering how they will feed their families, let alonecelebratethis blessed month. For millions. acquiring sufficient food is a daily struggle, with parents facing the painfvl reality of being unable to provide their children with a meal to start and break their fast. With resource depletion. food availability. and financial resources are even harderlo come by for our already-vulnerable communities. Based on our experience working on the ground in different parts of Afghanistan for rnany years, this past year was particularly challenging for poorfamilies. With more than half of the population living below the poverty line and people still in dire need. Qamar Foundation provided aid in combating Afghan hunger by distributing warrn, cooked rneaisto families in need, ensuringtheycould have a hot. nutritious Iftar meal. Through ourwarm Iftar Meals program. we helped alleviate food insecurity in remote areas throughout Afghanistan. providing more than 3QOOO + lftar-CDoked meals. With the generous support of our donors, we reached vulnerable groups and cornrnunitiesthal have suffered from natural disasters or poverty, adversely affecting their food and nutrition security. Afghanistan continues lo face some of the highest levels of poverty in the world. After decades of conflict, llatural disasters such as floods and earthquakes, and econornic instability, rnillions of families find thernselves trapped in a cycle of poverty. Over 40% of the population lives below the poverty line. and food insecurity is rampant. particularly in rural areas where access to resources is limited. Many families do not have enoughfood to breaktheir fast at Iftar orto sustain themselves during Suhoor. In response to this dire situation, Qarnar Foundation has launched the Ramadan Food Packlnitiative to provide much-needed relief to poorfamilies across Afghanistan. Each food pack is carefully designed to offer essential items that will sustain a family throughout the month Df Ramadan. These packs include rice, flour, cookillg Dil, lentils, dates, and other staples, allowing families to observe Rarnadan with dignity and without the constantworryof wheretheir next rneal willcorne from. For just a small contribution. you can ensure that a family in Afghanistan has enough food to break their fast and share in the blessings of Rarnadan. Each pack is not just a donation: il is an expression of solidarity, cornpassion, and hope for those who are enduring unimaginable hardship. Qarnar Foundation has distributed the iftar Meals in the following provinces during Ramadan.. TDtallftarMealsAcrossAfyhanistan-30JJOO+ Zayd ibn Khalid al-juhani said: The Messenger of Allah (peace and blessings of Allah be upon him) said.. 'Whoever gives iftar lo one who is fasting will have a reward like his, without that detracting from the reward of the fasting person in the slightest." (Narrated by al-Tirmidhi, 807; Ibn Majah,17461 WE PROVIDED CRUCIAL HUMANITARIAN AID TO (500) BENEFICIARIES IN PAKISTAN. CONCLUSION These examples illustrate the irnpactfulwork we have accDmpli5hed this year, all made Possible by your unwavering sUPPOrt. We extend Dur heartfelt gratitude for yDur continuousgenerosity, asitserves as a beacon of hope forthe people of Afghanistan. Together, we can continue providing assistance and SUPPDrt to those who need it n105t, creating a lasting irnpact ontheir lives. May you be abundantly rewarded for your kindness and CDmpassion. We will keep you updated on our progress and the transformalive effects of yoursupport. Jazakallah Khairan, Pakn-stan, with its rich history and vibrant culture. laces enormous challenges. Poverty is a leading cause of hunger, malnutrition, and disease in Pakistan. Almost a quarter Df Pakistan's population lives belowlhe poverty line,withoutaccesstolood,sheller, clothing. orhealthc8re. Pakistan* food insecurity makes it more vulnerable to the lonll-lerm effects of climate change. Threatening to disrupt agricultural activities and unleash extreme weather events such asthe recent deadlyflDods, which devastated p3￿.$tan,S infrastructure and cost billions of rupees. Pakistan was devastated by the worst floods in its history, which left 33 million people horneless andcausedover20billioTh GBP in damage. Thanks lo your generosity. Qarnar foundation was able lo provide critic81 aid lo the Most vulnerable coTnTnunities in Pakistan's Tnost relnole areas, such as hot meals, food pack& for orphans and also repairing orphanage. 'Whoever saves a life, saves the whole of mankind" Qurfan, 5:32 300 SPONSORED ORPHANS ry.1 111 23 GOVERNING DOCUMENTS Qarnar Foundation (previously knDwn as Afghan Trust) Is CDnstituted a5 a charitable trust with charity comrnission. the constitution was adopted on the12th of Oecernber 2012 Trustees The Iruslees who served during the year and since the year end were as follow5 Mirwais khan HarDon Elahi Ismail Zarnir CDpyrighl @ 2023 by Qamar Foundation. All rights in the information and photos are reserved. Charity number 1150141 Registered and principal office Flat12 Marquess house I hammond close Barnet EN5 2FD Bankers HSBC UK LLOYDS Bank FDUNDAlloN INDEPENDENT AUDITORS. REPORT TO THE TRUSTEES OF QAMAR FOUNDATION FOR THE YEAR ENDED 31 DECEMBER 2023 Qualified Opinion We have audited the financial slalemenls of Qamar Foundation for the year ended 31 December 2023 which comprise the Slalement of Financial Activities, the Balance Sheet, Cash Flow Slalement and notes to the financial statements, including significant accounting policies. The financial ieporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards including FRS 102. The Financial Reporting Standard applicable in the UK and the Republic of Ireland (UK Kingdom Generally Accepted Accounting Practice). In our opinion, except for the effects of the matter described in Ihe Basis for qualified opinion section, the financial slalemenls.. give a true and fair view of the slate of the charity's affairs as al 31 December 2023 and of ils incoming resources and appI￿allOn of resources for the year then ended., have been propedy prepared in accordance with United Kingdom Generally Accepted Accounting Praclice., and have been prepared in accordance with the requirements of the Charities Act 2011. Basis for qualified opinion 11 was nol clear whether certain donations shown as income and some expenditure on charitable activities were restricted or unrestricted in their nature. This would have an effect on Ihe balances of the reslricled and unrestricted funds at 310ecember 2023 although the total fund5 are accurate. We conducted our audit in accordancè with International Standards on Auditing IUKI (ISAS (UKII and applicable law. Our responsibilities under those Standards are further described in the Auditols responsibilities for the audit of the financial slalements section of our report. We are independent of the Charity in accordance with the ethical requifemenls that are relevant lo our audit of financial statements in the UK, including the FRC'S Ethical Standard and we have fulfilled our other ethical resF)onsibilities in accordanGe with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis of our qualified opinion. Key audit matters Except for the matler described in the Basis for qualified opinion section, we have determined that there are no key audit matters lo be communicated in our report INDEPENDENT AUDITORS. REPORT TO THE TRUSTEES OF QAMAR FOUNDATION FOR THE YEAR ENDED 31 DECEMBER 2023 Conclusions relating to going concern In auditing the financial slatements. we have concluded that the trustees use of the going Concem basis of a¢￿UntIng in the preparation of the financial slalemenls is appropriate. Based on the work we have performed, we have nol 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 concem for a period of at least 12 months from when the financial statements are authorised for issue. Our responsibilities and the responsibililies of Ihe trustees with respect lo going concern are described in the relevant sections of this report. Other information The other informatton comprises the infomalion included in Ihe annual report, including the trustees. report, other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contsined within the annual report. Our opinion on the financial statements does not cover the other information and, except lo the extent otherwise explicitly slaled in our report, we do not express any form of assurance Gon¢lusion thereon. Our responsibility is lo read the other information and. in doing so. consider whether the other information is materially, inconsislenl with the financial statements or our knowledge oblained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material this gives rise lo a material misslalemenl in the financial statements themselves. If, based on the work we have performed. we conclude that there is a material misstatement ol Ihis other information, we are required lo report that fact. Although the Trustees Report provides a comprehensive review of the work carried out by the charity in the year, there are a number of omissions in reporting so the report does not comply with the SORP on disclosure of all key facts. Matters on which we are required to report by exception In Ihe light of the knowledge and understanding of the charity and ils environment obtained in the course of the audit, we have not identified malerial misslalemenls in the trustees, report We have nothing lo report in respect of the following matters in relation lo which the Charities (Accounts and Reports) Regulations 2008 require us lo report lo you if. in our opinion.. adequate and proper accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us .' or the financial statements are not in agreement with the accounting records and returns., or we have not received all the information and explanations we require for our audil. INDEPENDENT AUDITORS. REPORT TO THE TRUSTEES OF QAMAR FOUNDATION FOR THE YEAR ENDED 31 DECEMBER 2023 Responslbllltles of trustees As explained more fully in the trustees, responsibilities statemenl set out in Schedule 1, the Ifuslees are responsible for the preparation of the financial statemenls and for being satisfied that they give a true and fair view, and for such internal control as the Iruslees determine is necessary lo enable the preparation of financial slalemenls that are free fr¢Jm material misstatement, whether due to fraud or error. In preparing the financial stalemenls, the trustees are responsible for assessing the charitys abilty to to continue as a going concern, disclosing. as applicable, matters related lo going concern and using the going concern basis of accounting unless the trustees intend to cease the operations or have no realistic altemalive but lo do so. Auditor's responsibilities for Ihe audit of the financial ststernents Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from malerial misstatemenl, whether due lo fraud or error, and to issue an audilorfs report that includes our opinion. Reasonable assurance is a high level of assurance, bul is not a guarantee than an audit conducted in accordan¢e with ISAS {UK) will a￿ayS detect a material misslalemenl when it exists. Misslalemenls 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 slalemenls. Irregularities. including fraud, are instances of non4ompliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatemenls in respect of irregularities, including fraud. The extent lo which our procedures are capable of detecting irregularities, including fraud is detailed below.. We identified areas of laws and regulations that could reasonably be expected to have a material effect on the financial slalemenls from our sector experience through discussion with the Officers and other management las required by auditing standards). We had regard to laws and regulations in areas that directly affecl the financial statements including financial reporting and taxation legislation. We considered that extent of compliance with those laws and regulations as part of our proGedures on the related financial slalement items. With the exception of any known or possible non-compliance, and as required by audiling standards. our work in respect of these was limited to enquiry of the Officers. We communicated identified laws and regulations Ihroughoul our leam and remained alert to any indications of non•compl1an￿ throughout the audit. ## ## ## QAMAR FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 DECEMBER 2023 Notes Restricted Fund8 Unrestrlcted Funds Total Funds 3111212023 Total Funds 3111212022 Income from: Donations 622,498 1,017,005 1,639,503 66,951 Totsl Incomo 622,498 1.017,005 1,639,503 66,951 Expenditure on.. Raising fund5 Charitable activities 6,984 53,479 6,984 1,484,143 1,430,664 69,369 Total 8xpènditurè 1,430,664 60,463 1,491,127 69,369 Ngt Incomg {808,1661 956.542 148,376 12,4181 Transfer befv4een funds Total funds brought forward 949,722 1949.7221 8,385 8,385 10.803 Total funds carried fop•vard 141,556 15.205 156.761 8,385 QAMAR FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 DECEMBER 2022 Rgstricted Funds Unrestrlcted Funds Total Funds 3111212022 Total Funds 3111212021 Incorno frorn: Oonalions 66,951 66,951 48,372 Total Income 66,951 66,951 48,372 Expenditure on: Raising funds Charitable activities 69,369 69,369 42,770 Total exponditure 69,369 69,369 42,770 Ngt Incomo 12,4181 12,418) 5.602 Transfer be￿een fur¢ds Total funds brought forward 10,803 10,803 5.201 Total funds carrled forward 8,385 8,385 10,803 QAMAR FOUNDATION BALANCE SHEET AS AT 31 DECEMBER 2023 3111212023 3111212022 Notes Fixed assets Tangible assets 14.958 14,958 Current assets Debtors Cash and bank 17,806 123.997 8,385 141,803 8,385 Net Assets 156,761 8,385 Reserves Restricted Unrestricted 141,556 15.205 8,385 Total charlty funds 156,761 8,385 The financial statements were approved by the Board of Trustees on 12 June 2025 and were signed on its behalf by- Mr Mirwais Khan Trustee Charlty No 1150141 QAMAR FOUNDATION BALANCE SHEET AS AT 31 DECEMBER 2022 3111212022 3111212021 Fixed assets Tangible assets Current assets Debtors Cash and bank 8,385 10,803 8,385 10.803 Current liabilities Creditors- amounts falling due within one year 8,385 10,803 Reserves ReslriGted funds Unrestricted funds 8,385 10,803 Totsl charity funds 8,385 10,803 QAMAR FOUNDATION CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2023 Note 3111212023 3111212022 Cash flov￿ from operating actlvS1ies: Cash generated from operations 130.817 12,4181 Net cash provlded by (used in) operatlng actlvities 130,817 12.418) Cash flov￿ from investing actlvitios: Purchase of tangible fixed assets Sales proceeds ol tangible fixed assets 115,205} Net cash provlded bylused in)lafter Investing actlvltles 115.612 12.4181 Cash flows from financlng activitigs: Loan repayments in year Net cash movement In year 115,612 {2,4181 Change in cash and cash equivalents in the reporting perlod Cash and cash equlvalents at the beginnlng of the reporting perlod 115,612 12.4181 8,385 10.803 Cash and cash equivalents at the end of the reporting period 123,997 8,385 Notes to the cash flow gtatement 1 Reconciliatlon of net incomel{expendilure} to nel ¢ash flow from operatin9 activities 3111212023 3111212022 Net incorne for the reportlng period {as per statement of financial actSvltte81 Adjustments for.. 148.376 12,4181 Depreciation charges Reductionlincreasel in debtors Increasel{redu¢lionl in creditors Net cash provlded by operatlng a¢tSvltles 247 117,8061 130,817 12,4181 QAMAR FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 1 Accountlng poli¢ies Basis of accounting The financial statements of the charitable Olganisation, which is a public benefit er¢lity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021 'Accounling and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 {effeclive l January 20191,, Financial Reporting Standard 102 ' The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. Assets and liabilities are initially recognised al cost or transaction values unless otherwise slated in the relevant accounting policy nole The financial slalements are prepared in steding which is the functional cUr￿nCY of the charity. Monetary amounts in these financial statements are rounded lo the nearest £1. Going Concem The tnjstees have a reasonable expectation that the ¢harity has adequate resources to continue in operational existen￿ for the foreseeable future at the lime of approving the financial slatemenls. Thus the Iruslees continue lo adopt the going concem basis of accounting in preparing the financial statements. Turnover Tumover rep￿SentS all income to the charity. the majority of which is donations. Incomg All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount ¢an be quantified with reasonable accuracy. Expenditure Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related lo the category. Where costs cannot be directly attributed lo particular headings they have been allocated lo aclivitses on a basis consislenl with the use of resources. Tangible flxed as$ots Depreciation is provided al the following annual rates in order to write off each asset over its eslimaled useful life.. Plant and equipment 250/0 p.a on reducing balance QAMAR FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 io 1 Accounting poli¢ie$ - Continued Creditors Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third paty and the amount due lo settle the obligation can be measured or estimated reliably. Creditors are normally recognised al Iheir settlement amount after allowing for any trade discounts. Taxation The charity is exempt from ￿rporation lax on its charitable aclivilies. Value added tax is not recoverable by the charty and as such is included in the relevant costs in Ihe statement of financial activities. Criti¢al accounting estimates and judgement Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the Circumstan￿$. The charity makes estimates and assumptions concerning the future. The resulting accounting eslimales and assumptions will, by definition, seldom equal the related actual results. Fund accounting Unreslricled general funds Gan be used in accordance with the charitable objectives al Ihe discretion of the trustees. Restricted funds can be only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included on the following page. QAMAR FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 11 1 Accounting policies - ¢ontlnued Restricted Funds Fund Dos¢rlptlon Community Centre Helping build small community mosques in underserved areas, each accommodating around 80 people. These cenlres serve as places of worship, education, and community gatherings, offering spiritual guidance, learning opportunities, and social support to those who need it most. Childcarelorphan Ensuring that orphaned and vulnerable children receive education, care, and emotional support, protecting them from harm. neglect, and exploitation. Thi$ initiative provides a Safe and nurturing environment, giving them a chanee for a brighter and more secure fulure. Emergency Aid Responses Responding immediately during crises and disasters, delivering life- saving food. water, medical care, and emergency shelter to those in desperate need. Qurbani Enabling families in poverty lo share in the blessings of Eid by providing them with fresh meal from the Haji sacrifice. Sadaqah Offering urgent financial assistance to struggling individuals and families, ensuring they can access basic necessities such as food. medicine, and housing Shelter RelieflHousing Rebuilding homes for earthquake vi¢tims and families displaced by disasters. ensuring they have a safe and dignified place lo live Food Pack Providing essential food supplies to families facing extreme poverty, ensuring they do not go hungry. Ramadan Food Pack Supporting families durin9 Ramadan by delivering food packs that sustain them throughout the holy month Ramadan Iftar Distributing hot meals at Iftar so that Muslims observing fasting can break their fast with dignity and nourishment. Winter Appeal Providing blankets, warm clothing. healers, and food lo help families survive the harsh winter months. especially those in cold and mountainous areas Hygiene ￿'1S to poor Distributrng hygiene essenb'als to women and families. ensuring they can maintain cleanliness and protect their heallh QAMAR FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 12 2 Movements In funds At 0110112023 Funds Transfer At 3111212023 Income Expenditure Regtrieted funds For grants Community Centre Childcarelofphan Emergency Aid Responses Qurbani Sadaqah Shelter RelieflHou5ing Water well Zakat Food Pack Ramadan Food Pack Ramadan Iftar Winter Appeal Hygiene Kits lo poor 155,909 55,510 31,871 44,211 11,861 132,751 20,486 35.072 44,246 59.637 30.346 598 148,614) 53,490 129,263 118,657 107,295 109,000 161,134 162,868 11.861 140,553 273,304 20,486 135,072} 42,332 83,693 50,000 503,003 45,330 1,914 24,056 19,654 502,405 45,330 Totsl restrlcted funds 622,498 949,722 1.430,664 141,556 Unrestrlcted funds Admin income 8.385 1,017.005 {949.7221 60,463 15,205 TOTAL 8,385 1,639,503 1,491,127 156.761 3 Net Income Nel income is slated after charging Audit Depreciation 247 247 At 0110112022 Funds Transfer At 3111212022 Income Expenditure 4 Movements in fund8- prlor year Restricted funds Unreslricled funds 10,803 66,951 69,369 8,385 69,369 8,385 QAMAR FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 13 5 Trustees. Remuneration and Benefits There were no trustees, remuneration or other benefits for the year ended 31 December 2023. Plant and Equipment Total Tangible 6 Tangible Fixed Assets Cost At 1 January 2023 Additions Disposals At 31 December 2023 15.205 15.205 15.205 Depreciation Al 1 January 2023 Charge for Ihe year Al 31 December 2023 247 247 247 247 Net book value At 31 December 2023 14.958 14.958 Al 31 December 2022 Additions lo fixed assels were funded from unrestricted funds. 7 Debtors: amounts falling due within one year 3111212023 3111212022 Donations receivable 17.806 17.806 8 Related party transactions During the year expenses amounling to £Nil {2022 - £Nill were claimed by Iruslees in respect of costs incurred on behalf of the Charity- There were no related paty transactions in the year. QAMAR FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 14 9 NetAsset by funds General Funds Restricted Funds Total Funds As at 31 December 2023 Tangible fixed assets 14.958 14.958 Current Assets 247 141.556 141,803 Creditors due wilhin one year 15.205 141,556 156,761 As at 31 December 2022 Tangible fixed assets Current Assels 8.385 8,385 Creditors due wthin one year 8,385 8,385 QAMAR FOUNDATION DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 15 3111212023 3111212022 Income from: Donations - restricted Admin in¢ome - unreslricled 622,498 1,017,005 66.951 Total Income 1,639,503 66.951 Expenditure on: Donations to charitable activities - restricted funds Community Centre Childcarelorphan Emergency Aid Responses Qurbani Sadaqah Shelter RelieflHousing Food Pack Ramadan Food Pack Ramadan Iftar Winter Appeal Hygiene Kits to p￿r 109.000 161,134 162,869 273,304 42,332 83,692 50,000 503,003 45,330 1.430.664 Donation5 to charitable activities Unrestricted 69,136 69,136 Fundraising Advertising and marketing 6.984 6,984 Charltsble activities Audit and accountancy Support costs - following page Depre¢ialion 53.232 247 233 53,479 233 Total expenditure 1,491,127 69.369 Net Income 148,376 12.4181 QAMAR FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 16 Support Costs 2023 Total Restricted Unre5triGled Bank charges Internel and lop up IT and software Printing and slalionery Admin and management assistance Stripe fees and subscription Travel and accommodation Sundry expenses 1,022 90 3.231 518 42,244 861 2,667 2.599 53.232 1,022 90 3,231 518 42.244 861 2,667 2,599 53,232 Support costs 2022 Totsl Restrlcted Unrestricted Sundry expenses 233 233 233 233