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ANNUAL & TRUSTEES’ REPORT & FINANCIAL REPORT

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||| |---|---| |Legal and Administrative Information|01| |Mission, Vision, Values and Approach Statement|03| |Trustees’ Report|04| |Map of Operations|06| |GRF Strategic Focus|07| |11| |Sector-Specific Solutions|

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Legal and Administrative Information

Trustees

Mr Hazem Abushaban Dr Mohammed Abuelmeaza Dr Khalil Elbayouk Dr Ahmed Loutfi (Appointed 26 May 2025)

Chairman of Trustees

Campaigns 19

Dr Khalil Elbayouk

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|||| |---|---|---| |Ramadan|20| |Bankers| |Qurbani|22| |Al Rayan Bank Plc| |Eid Gifts|23| |Winter|24| |Charity Number| |Back to School|25| |1154185| |Our Work in the UK & Events|26| |Policies, Governance and Organisational Structure|28|Correspondence Address| |Independent Auditor’s Report|33| |Modwen Rd, Salford M5 3EZ| |Statement of Financial Activities|38| |Auditors| |Balance Sheet|39| |M Akram & Co| |Statement of Cash Flows|40| |Chartered Accountants| |Notes forming part of the Financial Statements|41|

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Al Rayan Bank Plc 4 Stratford Place, London, W1C 1AT

Correspondence Address

Unit 21, Waters Edge Business Park, Modwen Rd, Salford M5 3EZ

M Akram & Co Chartered Accountants 413 Lea Bridge Road London E10 7EA

OUR MISSION, VISION, VALUES & APPROACH STATEMENT

Our Mission

Our Values

As a humanitarian organisation, Global Rahmah Foundation (GRF) aims to provide communities experiencing conflict and poverty with ongoing support throughout the entire crisis – from inception through to recovery and restoration efforts once circumstances stabilise. We strive to continue our on-ground presence, which allows us to gather information about the situation as it unfolds and thus determine the most effective course of action. We aspire to continue our immediate relief, rehabilitation and long-term initiatives for communities across the globe.

Respect

Integrity

Our Vision

We endeavour to build a world where poverty and inequality no longer hold people back. Every individual around the globe, no matter where they come from, deserves access to food, healthcare and safety for a brighter future. Encompassing this within our work, we aim to break the cycle of poverty for future generations to come.

Equality

Our Approach

At GRF, we believe that all big change comes from one small human connection at a time. We work with communities to identify their specific needs and carry out impactful solutions accordingly. We reject blanket solutions; instead, we identify community needs through listening, researching, and building partnerships to deliver tailored aid. Our work is not just about short-term relief, but also empowering communities, which is at the core of our approach.

Transparency

Trustworthy

Trustees’ Report & Financial Statements 2024

TRUSTEES’ REPORT

In 2023/24, Global Rahmah Foundation (GRF) operated across 18 of the world’s most vulnerable countries in the Middle East, Asia and Africa. Our focus remains on humanitarian and restorative projects in countries of conflict or impacted by natural disasters.

Humanitarian Aid Initiatives

GRF worked with our existing on-ground teams to respond to the escalating crises in Gaza and Sudan, the crisis in Lebanon and the Bangladesh floods, among many others this year. Developing our partnerships with local communities in countries such as Palestine, Pakistan and Jordan, we were able to gain an authentic understanding of key challenges and ultimately further our impact.

Along with food and water aid, GRF also implemented livelihood projects. In 2024, we visited Chad and distributed sewing machines as part of this campaign, helping Sudanese refugee women to earn a living.

Future Projects

At GRF, we continue to brainstorm and execute new projects to extend our reach and help even more people in need. We have planned many innovative projects to implement within the upcoming months including mental health therapy for young refugee children in Lebanon, improving safety and WASH practices for Rohingya refugee women in Bangladesh and medical support to aid in the reduction of malaria in Mali. These specific projects have been hand-selected as a direct result of the current needs in our areas of operation. Implementation will begin soon, allowing us to reach those who need it most.

Integrated Approach & Impact

Building on knowledge and experiences gained over the past year, we enhanced internal processes to streamline operations and deliver aid more effectively. By strengthening our networks in the regions we operate, we have established an efficient system in which local communities can inform us of their levels of need, ensuring our campaigns effectively meet them. This approach allows us to develop targeted campaigns that deliver maximum impact. We are able to make a meaningful difference in the lives of beneficiaries, while simultaneously building the foundation for sustainable solutions that will benefit communities for years to come.

Trustees’ Report & Financial Statements 2024

UNITED KINGDOM

TURKEY AFGHANISTAN SYRIA LEBANON PALESTINE JORDAN

PAKISTAN

LIBYA MALI YEMEN NIGER CHAD SUDAN SOMALIA GHANA

Map Of Operations

TANZANIA

BANGLADESH ROHINGYA

GRF Strategic Focus

Priority 1

natural disasters to deliver targeted relief and restorative efforts.

Priority 1 Achievements

GRF responded to multiple humanitarian emergencies in 2023/24. We worked with our field teams to assess day-by-day outcomes and review changing needs, while our existing partnerships with local communities allowed us to aid from the start.

Gaza

continued our vital work in the region. Directly communicating with our local connections, we were able to gather vital information about the crisis in real time to conduct the most effective course of action. Recognising the importance of being agile, we adjusted our processes as and when needed, to ensure aid could urgently be transported. As a result, we were able to provide several forms of emergency aid, including food and water aid, medical aid, shelter and flour trucks directly into Gaza.

Lebanon

September 2024 marked the start of a volatile humanitarian crisis in Lebanon. As the conflict escalated, over 1 million people were displaced from their homes. GRF has a sustained presence in Lebanon, therefore was able to provide aid from the onset. We distributed food aid, blankets and mattresses to families in Lebanon during their time of need.

Sudan (& Sudanese refugees in Chad):

As a result of the war beginning April 2023, over 25 million people in Sudan require humanitarian assistance. Of these people, hundreds of thousands have fled to Chad for safety. Victims of what has been named ‘The Forgotten War’, the people of Sudan endure extreme hardships, unable to access essentials such as food and water. GRF has provided food and water aid to vulnerable people in Sudan, and has further delivered financial support, livelihood projects and children’s clothing to Sudanese refugees in Chad, providing hope during difficult times.

Bangladesh Floods:

2024, causing landslides which destroyed homes and livelihoods. With many reliant on agriculture for a living, people in Bangladesh were severely affected by these floods. Furthermore, food in affected regions became scarce. GRF provided food parcels and hot meals to flood victims, allowing them to eat nutritious food that was able to sustain them for weeks.

Trustees’ Report & Financial Statements 2024

GRF Strategic Focus

Priority 2

Strengthen thematic areas of expertise by fostering innovation within key fields and expanding knowledge.

Priority 2 Achievements

GRF developed four fundamental areas of expertise in the year 2023/24. Our projects were specifically chosen to fulfil the existing needs of beneficiaries in our areas of operation.

Shelter, NFI’s & Protection

Without adequate shelter, displaced people are vulnerable to harsh weather conditions, disease outbreaks, physical harm and an extreme loss of stability in their lives. GRF has been working toward the United Nations’ Sustainable Development Goal (SDG) 11 for Sustainable Cities and Communities. In pursuit of this objective, we have distributed shelters to beneficiaries in Yemen and Gaza, providing a sense of safety during times of hardship. We recognise that there is a long way to go to achieve this goal, and are committed to continuing aid efforts for the foreseeable future. Our existing work marks a crucial step toward making communities safer - one that we will continue to develop.

Food Security

risk of starvation, unsure of where their next meal may come from. With extremely limited access to nutritious meals, families experience the effects of malnutrition and further health complications. GRF has provided food intervention in 19 countries including Gaza, Lebanon, Bangladesh, Chad, Mali and Jordan, distributing nourishing foods chosen to sustain those in need.

WASH

Access to safe water is essential to improving sanitation, a fundamental step in preventing waterborne and infectious diseases. In line with the Sustainable Development Goal of Clean Water and Sanitation, GRF has carried out multiple WASH projects in 2023/24, including distributing hygiene kits and implementing water wells and pumps. These projects allow individuals to access safe water, maintain their dignity and remain protected against diseases. This is a fundamental right granted to everyone, and we plan to continue developing these projects year on year. GRF provided hygiene kits in 3 countries and distributed water in 7 countries.

Health

already vulnerable to several factors including loss of livelihoods, food and water insecurity and devastating psychological impacts. However, health also becomes a cause for concern, with medical aid out of reach and increased risk of diseases, injuries and malnutrition. In 2023/24, GRF continued our work within the health sector, particularly for vulnerable people in Gaza. We intensified fundraising efforts to re-equip a hospital heavily impacted by conflict, delivered trucks filled with medical aid and provided mobile medical services to those in need.

Trustees’ Report & Financial Statements 2024

Sector-Specific Solutions

Throughout 2023/24, we continued to develop our work within the aforementioned core sectors, tackling existing crises and swiftly addressing emerging challenges as they unfolded. As a result, we were able to provide tailored aid to vulnerable communities in their time of need.

Shelter & Protection Project Beneficiaries

Sector 1:

Shelter, NFI’s & Protection

As a humanitarian organisation, our focus remains on providing vulnerable people with core, essential resources. Among these are dignity and security, which individuals can attain through access to shelter. Shelter is a matter of survival, bringing physical protection, a sense of self-respect and contributing to both physical and mental wellbeing. In 2023/24, over 117.3 million people became internally displaced persons or refugees overnight due to mass displacement caused by existing and emerging humanitarian crises (UNHCR, 2024).

With the future uncertain for many displaced people, finding shelter, protection and warmth during the cold became increasingly difficult to achieve.

As part of our efforts within this sector, we ensured shelters were made from durable, reliable and sustainable materials, so they were able to effectively provide protection and security to communities in need. At GRF, our shelter and protection efforts not only involve delivering physical roofs over heads but also ensure individuals have access to NFI’s such as blankets, mattresses and heat sources, offering comfort during their ongoing challenges.

Shelters in Yemen 78

Mattresses, blankets and heaters in Yemen 350

Shelters and blankets in Palestine (Gaza) 4,060

Mattresses, blankets and heaters in Lebanon (Syrian & Palestinian refugees) 2,450 ~~(0 eC~~ Mattresses in Turkey (Syrian refugees) 600

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Shelters Blankets Mattresses Heaters
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Trustees’ Report & Financial Statements 2024

Sector 2:

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Food
Security
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Aligning with the core objectives of the United Nations’ Sustainable Development Goal ‘No Hunger’, GRF responds to the essential needs of people impacted by conflict and natural disasters, providing unrestricted food aid. Many target populations are wholly reliant on aid agencies for their next meal, with the dire intergenerational impacts of food insecurity resulting in stunting, chronic malnutrition, infant mortality and health complications.

GRF’s projects provide food aid in hard-to-reach areas such as Gaza, Yemen, Chad, Sudan and more. Through comprehensive needs assessments and monitoring, we have found ‘impact after intervention’ whereby communities experience increased levels of food security after project implementation.

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26,116 6,740 355,360 11,100
Palestine
Yemen Chad Lebanon
(Gaza)
14,100 10,500 16,650 11,940
Bangladesh Afghanistan Jordan Sudan
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Food Parcels Vegetables Bread Hot Meals
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Trustees’ Report & Financial Statements 2024

Sector 3:

WASH

WASH interventions are often overlooked, but their impact can be truly transformative. Clean water is essential for survival, while sanitation infrastructure and facilities are vital in preserving individual dignity and health. This is even more significant for those impacted by conflict, natural disasters and poverty.

While GRF has provided several water wells and pumps in the year 2023/24, we have focused our efforts on providing water trucking services in conflict-ridden areas such as Palestine and Sudan. This has demonstrated our ability to adapt to emergency situations and respond impactfully to the multidimensional impacts of lack of clean water access.

In several countries of operation, outbreaks of cholera and other waterborne diseases have resulted in health complications that go untreated. We therefore have been providing life-saving hygiene kits in 3 countries.

Over the course of the year, we have also been exploring new WASH x Gender interventions and as a result, are excited to develop our project for women residing in Cox’s Bazaar. Directly responding to increased incidents of GBV in refugee camp settings, upon the success of a pilot, we aim to replicate similar projects in other contexts.

1 2 7 22 31

Solar-powered Public Water Water Water Water Water Well Tanks Wells Pumps Tankers

6360 1800 1800 => @ Palestine (Gaza) Lebanon Turkey

Trustees’ Report & Financial Statements 2024

Sector 4: HEALTH

Health is the foundation of life, yet millions of people around the world lack access to basic healthcare, especially those living in conflict zones. GRF has responded to the healthcare crisis by providing vital medical aid and services and equipping hospitals in war-impacted regions such as Lebanon and Gaza. Our focus on the health and medical sector has enabled us to deliver critical support to patients.

Health Project Implemented

Mobile Medical Clinics

Re-equip of Hospitals

Distribution of Medical Supplies

Trustees’ Report & Financial Statements 2024

Iii 4Jq •* vr Il CAMPAIG i} 19

PEOPLE BENEFITTED BY RAMADAN AID

RAMADAN

FOOD WATER FINANCIAL CLOTHING & LIVESTOCK AID AID SUPPORT SHELTER DISTRIBUTION

Ramadan was observed between March and April 2024. As many Muslims around the world anticipated the blessed month with excitement, millions more were unsure where their suhoor or iftaar would come from. GRF continued our annual Ramadan initiatives, feeding the fasting,

people during their testing times. We were able to reach beneficiaries in some of the world’s most needy countries, offering a glimmer of hope and helping to bring a sense of unity during the blessed month.

Trustees’ Report & Financial Statements 2024

QURBANI

As part of the Qurbani campaign, GRF distributed meat to vulnerable people in 13 countries. Recipients were communities that otherwise struggle to access meat, including refugees, displaced persons and low income families. Receiving Qurbani meat allowed them to enjoy a nutritious meal while taking part in the spirit of unity during this time.

This initiative not only focused on immediate food requirements, but simultaneously nurtured a sense of connection and support, strengthening community bonds during challenging times.

Gaza, Sudan, Yemen, Lebanon, Somalia, Chad, Tanzania, Mali, Ghana, Niger, Turkey, Pakistan, 78,432 Bangladesh Beneficiaries GC»

EID GIFTS

GRF distributed Eid gifts to Syrian and Palestinian refugees in Turkey and Lebanon and children in Yemen. This is a heartwarming initiative we continue every Eid, delivering hope and smiles to children during the celebratory period.

This tradition reinforces our commitment to spreading joy and support to girls and boys who are

Syrian and Palestinian refugees (Turkey & Lebanon) and Yemen

Trustees’ Report & Financial Statements 2024

WINTER

Every winter, communities already suffering are met with further challenges. Many individuals struggle to access food and safe water, leading to an increased risk of illnesses that are easily spread. With families unable to stock up on food items, heat up their homes or wrap up warm during freezing nights, winter is a grave concern for over 1 billion people living in poverty worldwide. In the year 2023/24, GRF worked with our teams on the ground to distribute winter aid to families, offering warmth, comfort and hope amid the cold.

WINTER AID BENEFICIARIES

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FOOD BLANKETS & HYGIENE
AID MATTRESSES KITS
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HEATERS CLOTHING & WATER
SHELTER TANKS,
WELLS &
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BACK TO SCHOOL

Uniforms School Bags School Kits

Many children around the world face huge 60 Uniforms challenges that even adults are unable to comprehend. These children are unable to

experience several of the little joys that make up 60 School Bags a childhood, with many simply wishing to go to school. GRF has been working to bring back a

piece of an otherwise lost childhood, making 100 School Kits hundreds of children smile. As part of our annual Classroom Comeback initiative, GRF distributed uniforms, school bags and school kits for children Nigeria, Mali, Turkey in 3 countries, distributing classroom essentials and spreading joy. (Syrian & Palestinian refugees)

Yemen, Palestine (Gaza) & Lebanon

Trustees’ Report & Financial Statements 2024

OUR WORK IN THE UK

GRF works with local communities to help people right here in the UK. We also host regular events, bringing the community together for a common cause.

GIFTS OF EID

Every year, GRF distributes gifts to children in hospitals within the UK, spreading joy and providing comfort to families. 2024 was no different as our team delivered gifts to children battling illnesses. This is an initiative GRF plans to continue in the future.

OUR JOURNEY, YOUR IMPACT

Working with doctors who personally performed treatments on the front lines in Gaza, GRF held a fundraising event to re-equip Hayfa Hospital in Gaza. As doctors shared their eyewitness accounts and personal moments, guests were deeply moved and extended compassion by donating. The event provided a real insight into life in Gaza and vital funds were raised for the cause.

Trustees’ Report & Financial Statements 2024

Policies, Governance & Organisational Structure

Section 1: Governance and Accountability

GRF is committed to maintaining the highest levels of governance and accountability. We have put in place strong policies to promote transparency, ethical behaviour, and responsible decision-making. These policies address issues such as conflicts of interest, whistleblower protection, and financial management.

Global Rahmah Foundation received donations totalling £899,779 in unrestricted funds and £2,396,154 in restricted funds in the year ending 31st October 2024. These positive outcomes underscore the organisation's strong financial stewardship and resilience. The charity is also undergoing expansion, with an increase in staff numbers to support our growing activities and outreach.

During the year, Global Rahmah Foundation also invested in strengthening its operational capacity, with staff numbers rising from 10 to 12 to support our expanding programmes and outreach. While there are no immediate plans for further recruitment, the current structure ensures adequate support for both charitable and fundraising activities.

Code of Conduct
Disclosure of Malpractice in the Workplace (whistleblowing) Policy
Anti-Fraud Policy
Countering Bribery and Corruption Policy

For the year ending 31 October 2024, Global Rahmah Foundation increased its charitable spending to £1,957,909 (2023: £735,363), primarily on Food Aid (£1,228,320) and Humanitarian Relief (£611,542). Seasonal programmes such as Ramadan and Qurbani distributions totalled £118,047. Fundraising costs were £739,374 (2023: £867,321), with improved efficiency reducing costs as a percentage of income while supporting record donations.

complying with the Charities Act 2011 – to have due regard to public benefit in the pursuance of its objectives and activities.

With cash reserves rising to £1,213,636 (2023: £332,900), the charity is in a secure position to meet its obligations and respond rapidly to emergencies as they arise. This financial strength not only provides reassurance to donors and beneficiaries but also allows trustees to plan future projects with confidence, knowing that resources are available to sustain both ongoing and new initiatives.

Section 2: Financial Management

are used effectively. Our financial rules and procedures are intended to encourage transparency, accountability, and compliance with applicable legislation. We undertake financial evaluations on a regular basis to identify and address possible issues.

Reserves Policy

The trustees have established a policy whereby the unrestricted funds not committed or invested are maintained at a level that allows the charity to operate as a going concern for at least one year. The actual unrestricted reserves carried forward for the year amounted to £226,417 .

Financial management and control policy
Preventing Money Laundering and Terrorism Financing Policy

Section 3: Human Resources

Finance Manual

Financial Review

provide a solid foundation for ongoing operations. For the accounts year ending 31st October 2024, this financial period has shown significant improvements over the previous year, particularly in income generation with donations amounting to £3,295,933 (2024) as opposed to £1,447,073 (2023).

GRF is committed to creating a good and inclusive workplace culture. Our human resources policies address topics including equal opportunity, diversity, and employee well-being. We want to foster a safe and friendly atmosphere in which all employees feel valued and respected.

Bullying and Harassment Policy
Complaints Policy and Procedure
Data Protection and Information Security
Data Cloud and Social Media Policy

Trustees’ Report & Financial Statements 2024

Section 4: Operations and Risk Management

The trustees recognise the risks involved in operating within a politically sensitive environment. To address these challenges, the charity has implemented rigorous due diligence and risk management procedures, ensuring strong compliance processes are firmly established. The trustees are confident that these measures meet all regulatory requirements and fulfil their legal responsibilities. Additionally, the trustees are committed to safeguarding practices, with comprehensive safeguarding policies in place. The charity also adheres to regulations concerning GDPR, anti-theft and money laundering, and data protection, in line with principles of good governance.

External Factors Affecting Achievement

Political stability, economic reforms, employment laws, along with environmental, social, and technological factors, are all external elements that can significantly impact an organisation's achievements, both positively and negatively. Acknowledging the importance of these influences, the GRF Trustees have conducted a comprehensive SWOT analysis exercise. This analysis was carried out to thoroughly assess and understand how these external factors could shape and affect the organisation's goals and objectives, ensuring that they are well-prepared to navigate any challenges or opportunities that may arise.

Incident and Serious Incident Reporting Policy
Working in High-Risk Areas Policy

Section 5: Safeguarding and Vulnerable Groups

GRF is devoted to ensuring the well-being and safety of vulnerable people. Our safeguarding rules and procedures are intended to guarantee that all encounters with vulnerable people are handled with compassion and respect. We have created clear reporting procedures to address any concerns or reports

of abuse.

Safeguarding Policy

Plans for the Future

GRF's long-term strategy is to consistently focus on and expand our sustainable programmes on an international scale while enhancing engagement with our supporters through transparency and high-quality feedback. Additionally, there will be a strong emphasis on increasing and improving our brand awareness through both online and offline marketing, as well as through local partnerships and advocacy efforts. As part of this long-term plan, GRF will continue its commitment to robust financial stewardship, and will also adopt and streamline technological advancements to further improve efficiency and impact.

Procedure for Dealing with Safeguarding Reports
Extremism Policy

Section 6: Fundraising and Donations

GRF is always grateful for the kind donations made by our supporters and pledge to ensure their funds are utilised honestly. Our standards and processes for fundraising are intended to encourage ethical fundraising methods, accountability, and openness. We are committed to keeping our contributors informed about the results of their contribution on a regular basis and cultivating great relationships with them.

Donation Policy

Going Concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. This assessment has been made on the basis of the review of the financial position and the operational risks. The trustees are satisfied that the financial position of the charity is sound with the appropriate safeguards in place.

Responsibilities of Trustees

accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period.

Trustees’ Report & Financial Statements 2024

INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF GLOBAL RAHMAH FOUNDATION

select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Charities SORP 2019 (FRS 102);
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed;

that the charity will continue in operation.

The trustees are responsible for keeping proper 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 Charities (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They 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.

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.

Opinion

ended 31 October 2024 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is 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).

give a true and fair view of the state of the charity's affairs as at 31 October 2024, and of its incoming resources and application of resources, for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
have been prepared in accordance with the requirements of the Charities Act 2011.

Basis for Opinion

Approved by Trustees and signed on its behalf by:

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 charity 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.

Dr Khalil Elbayouk

Chairman of the Board of Trustees

29/08/2025 Date _______

Trustees’ Report & Financial Statements 2024

Conclusions Relating to Going Concern

of accounting in the preparation of the financial statements is appropriate.

events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least 12 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.

Responsibilities of Trustees

As explained more fully in the trustees' responsibilities statement set out on page 31, the trustees 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.

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 charity or to cease operations, or have no realistic alternative but to do so.

Other Information

The other information comprises the information included in the trustees' annual report, other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the trustees’ annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. 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 course of 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 this gives rise to a material misstatement in the financial statements themselves. 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.

Matters on Which We Are Required to Report by Exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulation 2008 requires us to report to you if, in our opinion:

Auditor's Responsibilities for the Audit of the Financial Statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

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

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:

statements; or

we have not received all the information and explanations we require for our audit.

Trustees’ Report & Financial Statements 2024

The Extent to Which the Audit Was Considered Capable of Detecting Irregularities Including Fraud

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

We enquired of the management, which included obtaining and reviewing supporting documentation, concerning the charity's policies and procedures relating to:
Identifying, evaluating and complying with laws and regulations and whether they were aware of any instances of non-compliance;
Detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected or alleged fraud;
The internal controls established to mitigate risks related to fraud or non-compliance with laws and regulations.
management, and from our commercial knowledge and experience of the charity sector, focusing on those laws and regulations that had a material effect on the financial statements or that had a fundamental effect on the operations of the charity.
We ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations.
We inspected the minutes of meetings of the Board of Trustees.
We reviewed any reports made to the Charity Commission.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities.

This description forms part of our auditor’s report.

Use of Our Report

This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditor's 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 charity and the charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed.

representatives in the UK and abroad.
We performed analytical procedures to identify any unusual or unexpected relationships that may
indicate risks of material misstatement due to fraud.
In addressing the risk of fraud through management override of controls, we tested the appropriateness of journal entries and other adjustments to identify unusual transactions and investigated significant transactions that are unusual or those outside the normal course of business.

M Akram & Co

Statutory Auditor

413 Lea Bridge Road

London

E10 7EA

Date:

M Akram & Co is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006.

Trustees’ Report & Financial Statements 2024

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 OCTOBER 2024

BALANCE SHEET AS AT 31 OCTOBER 2024

Global Rahmah Foundation

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Notes Unrestricted Restricted 2024 2023
Funds Funds Total Funds Total Funds
£ £ £ £
Income from:
Donations 3 899,779 2,396,154 3,295,933 ~—=«1,447,073
Total Income 899,779 2,396,154 3,295,933 1,447,073
Expenditure on:
Charitable Activities 4 233,298 1,724,611 1,957,909 735,363
Raising Funds 5 652,288 87,086 739,374 867,321
a
Total Expenditure 885,586 1,811,697 2,697,283 1,602,684
Net Income/ (Expenditure) 14,193 584,457 598,650 (155,611)
Reconciliation of Funds:
Total funds brought forward 212,224 116,952 329,176 484,787
Total funds carried forward
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Notes 2024 2024 2023 2023
£ £ £ £
Fixed Assets:
Tangible Assets 7 11,744 5,834
Current Assets:
Debtors 8 115,464 92,782
Cash at bank and in hand —1213,636 _ —332,900
1,329,100 425,682
Liabilities:
Creditors: amount falling due 9 (413,018) (102,340)
within one year
Net Current Assets 916.082 323 342
Total Net Assets 927,826 329,176
The Funds of the Charity:
Restricted funds 10 701,409 116,952
Unrestricted funds 11 226,417 212,224
Total Charity Funds 927,826 329,176
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There are no recognised gains and losses other than those passing through the Statement of tivities. The notes on pages 41 to 51 form integral part of these financial statements.

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Dr Khalil Elbayouk
Chairman of the Board of Trustees
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Date: 29/08/2025
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Trustees’ Report & Financial Statements 2024

Notes forming part of the financial statements for the year ended 31 October 2024

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 OCTOBER 2024

Global Rahmah Foundation

1. SUMMARY OF SIGNIFICANT ACOUNTING POLICIES

a) General information and basis of preparation

Cash flows from operating activities: Notes �� �� Cash Flows from Investing activities: �� Net Cash used in investing activities Change in cash and cash equivalents in the year �� Cash and cash equivalents carried forward ��	2024 £ 2023 £ �� �� �� ��
	�� ��
	�� �� �� ��
	�� ��

Global Rahmah Foundation is a British charity registered with The Charity Commission as an unincorporated entity with charity No. 1154185. The charity is governed by a constitution dated 13 October 2013. The address of the registered office is Unit 21, Waters Edge Business Park, Modwen Road, Salford, M5 3EZ.

prepared under the historical cost convention and 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) - (Charities SORP FRS 102) (as updated through second edition – October 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)

below. These policies have been consistently applied to all years presented unless otherwise stated.

b) Fund accounting

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

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.

c) Income recognition

All incoming resources are recognised and included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably and it is probable that the income will be received.

Donations and grants are recognised in the period in which the charity is entitled to receipts where the amount can be measured reliably. The income from charitable and fundraising activities are shown gross with the associated costs included in the expenditure.

Trustees’ Report & Financial Statements 2024

Notes forming part of the financial statements for the year ended 31 October 2024

charity where this can be quantified.

measured reliably by the charity; this is normally upon the notification of the profit paid by the bank.

d) Volunteers and other donated facilities and services

third party is bearing the cost. The value of the time and services provided by volunteers is not incorporated into these financial statements in accordance with the Charities SORP FRS 102.

g) Taxation

As a registered charity there is no liability to tax. Irrecoverable VAT is not separately analysed and is charged to the statement of financial activities when the expenditure to which it related is incurred and is allocated as part of the expenditure to which it relates.

h) Foreign currencies

Transactions in foreign currencies are translated at the rate of exchange prevailing at the time of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange prevailing at the balance sheet date. All differences are taken to the Statement of Financial Activities.

e) Expenditure recognition

Expenditure is recognised as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

All expenditure is accounted for on accrual basis. Funds expended are allocated to the particular activity where the cost relates directly to that activity. However, the indirect and overhead costs of the central function including the operational and support costs have been apportioned to the charitable and fundraising activities in proportion to the direct expenditure incurred. Expenditure incurred on raising funds relates to the costs expended on attracting donations and other fundraising costs including printing, mailing and donation processing charges. Charitable expenditure comprises of those costs incurred by the charity in the delivery of its aid programme for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

f)

expenses of acquisition. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost or valuation of each asset to its estimated residual value on a reducing balance basis over the expected useful life, as follows:

i) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

j) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

k) Creditors and provisions

Creditors and provisions 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 party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

l) Financial instruments

instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

Trustees’ Report & Financial Statements 2024

Notes forming part of the financial statements for the year ended 31 October 2024

m) Operating leases

Rentals under operating leases are charged to the statement of financial activities on a straight line basis over the term of the lease.

2. KEY JUDGEMENTS AND ESTIMATION UNCERTAINTY

estimates. There are no significant judgements and estimates in the financial statements.

n) Going concern

material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.

3. INCOME FROM DONATIONS

Unrestricted Restricted Total Total Funds Funds 2024 2023 £ £ £ £

o) Pension Costs

scheme are charged to the Statement of Financial Activities for the period to which they relate to.

4.EXPENDITURE ON CHARITABLE ACTIVITIES

U d d al al Funds Funds 2024 2023 £ £ £ £

Trustees’ Report & Financial Statements 2024

Notes forming part of the financial statements for the year ended 31 October 2024

5. EXPENDITURE ON RAISING FUNDS

Food Aid:

Covers all activities focused on providing food and meals, including food parcels.

Humanitarian and Emergency Relief:

This includes all Aid relating to Earthquake, War, Disasters, Special appeals. Activities related to emergency relief efforts, including country specific emergencies and appeals (Shelter, Education, Tree Planting, Mosque, Water).

Seasonal Aid:

Encompasses all activities related to Ramadan and Qurbani, including iftar meals, Zakat, and other associated practices.

The charity engages with a number of implementing partners in the areas of operations. The delivery to the ultimate beneficiaries is conducted under the careful oversight and supervision of our skilled field representatives, who operate in strict compliance with the charity's comprehensive due diligence policies and procedures. This ensures that every aspect of the process adheres to our high standards of accountability and integrity. Due to the inherent risks associated with working in our areas of operation, the names of partner charities have not been disclosed.

Unrestricted Restricted Total Total Funds £ Funds £ 2024 £ 2023 £ Advertising and Marketing 2��,�� 333,073 Fundraising and related costs �� 181,478 Donation processing 8,655 10,113 Allocation of operational and support costs �� 342,657 ~~��~~ ~~7��~~ ~~867,32~~1 �� �� ~~��~~ �� �� �� �� � �	Unrestricted Restricted Total Total Funds £ Funds £ 2024 £ 2023 £ Advertising and Marketing 2��,�� 333,073 Fundraising and related costs �� 181,478 Donation processing 8,655 10,113 Allocation of operational and support costs �� 342,657 ~~��~~ ~~7��~~ ~~867,32~~1 �� �� ~~��~~ �� �� �� �� � �	Unrestricted Restricted Total Total Funds £ Funds £ 2024 £ 2023 £ Advertising and Marketing 2��,�� 333,073 Fundraising and related costs �� 181,478 Donation processing 8,655 10,113 Allocation of operational and support costs �� 342,657 ~~��~~ ~~7��~~ ~~867,32~~1 �� �� ~~��~~ �� �� �� �� � �
		~~��~~ ~~7��~~ ~~867,32~~1 ~~��~~

6. EXPENDITURE ON OPERATIONAL AND SUPPORT COSTS

Accountancy fees Audit fees Bank charges Depreciation Employer NI Insurance IT and related services Legal & professional fees Premises cost Pension Repairs and maintenance Station�ry, printing and postage Telephone and internet Travel and subsistence Trustees� expenses Wages and salaries The ��number ofemployees employed during the year were as follows: Fundraising and marketing Operational & support staff	2024 £ 9,525 2023 £ 4,230 6,500 4,800 1,775 1,308 2,936 1,458 20,840 11,052 2,516 1,260 25,468 18,029 6,947 18,666 35,411 31,698 334 - 1,204 6,225 1,251 1,013 8,800 7,711 �� 24,239 �� 2,946 302,819 216,410
	444,685 351,045
	2024 No. 2023 No. 7 7 5 3
	12 10

Trustees’ Report & Financial Statements 2024

Notes forming part of the financial statements for the year ended 31 October 2024

£41,276 (2023 - £48,545). This included salaries payable for two senior management team (2023 - 2) responsible for business development and operations.

No employees had emoluments over £60,000 during the year (2023 - None).

These charitable operations and support costs refer to the funds expended to deliver aid programs and fulfill the charity's objectives, including central function expenses. A significant portion of these costs is allocated to wages and salaries, which are essential for delivering results and achieving the charity's long-term goals. Additionally, other costs pertain to the day-to-day running of the charity, covering both operational, compliance and centeral support functions and have been apportioned to unrestricted charitable and fundraising activities in proportion to the direct unrestricted expenditure incurred.

7. TANGIBLE FIXED ASSETS

Cost: At 1 November 2023 Additions At 31 October 2024 Depreciation: At 1 November 2023 Charge for the year At 31 October 2024 Net Book Value 31 October 2024 31 October 2023	Fixtures, fittings and equipment £ 8,831 8,846
	17,677
	2,997 2,936
	5,933
	11,744
	5,834

Notes forming part of the financial statements for the year ended 31 October 2024

8. DEBTORS

. DEBTORS
	2024	2023
	£	£
Donations receivable	76,359	92,782
Other debtors	39,105	-
	115,464	92,782

9. CREDITORS - AMOUNTS FALLING DUE WITHIN ONE YEAR

				2024	2023
				£	£
Grants payable				393,357	90,503
Accruals				12,200	8,140
Other taxes and social security				6,772	3,697
Other creditors				689	-
				413,018	102,340
0. RESTRICTED FUNDS
	Balance at 1	Incoming	Outgoing	Transfers	Balance at
	November	Funds	Funds		31 October
	2023				2024
	£	£	£	£	£
Food Aid	72,151	1,445,913	1,095,929	-	422,135
Humanitarian and	28,203	8��	��	-	��
Emergency Relief
Seasonal Aid	16,598	��	112,021	-	��
	116,952	2,��	1,��	-	��

10. RESTRICTED FUNDS

Trustees’ Report & Financial Statements 2024

Notes forming part of the financial statements for the year ended 31 October 2024

year ended 31 October 2024

11. UNRESTRICTED FUNDS

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General
Funds
£
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12. ANALYSIS OF NET ASSETS BETWEEN FUNDS

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Unrestricted Restricted Balance at
Funds Funds 31 October
2024
£ £
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13. RELATED PARTY TRANSACTIONS AND TRUSTEES’ REMUNERATION

The trustees received no remuneration during 2024 (2023 - £nil). During the year £6,898 (2023 -

14. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES

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2024 2023
£ £
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15. ANALYSIS OF CASH AND CASH EQUIVALENTS

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At Cash flow At
1 November movement 31 October
2023 2024
£ £
332,90 __880,7 1,213,63
operating leases are as follows:
2024 2023
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£2,946) was incurred for trustees' travel costs. There were no other related party transactions.

Trustees’ Report & Financial Statements 2024

2024-10-31-accounts

CONTENTS

Legal and Administrative Information

Trustees

Chairman of Trustees

Correspondence Address

OUR MISSION, VISION, VALUES & APPROACH STATEMENT

Our Mission

Our Values

Respect

Integrity

Our Vision

Equality

Our Approach

Transparency

Trustworthy

TRUSTEES’ REPORT

Humanitarian Aid Initiatives

Future Projects

Integrated Approach & Impact

Map Of Operations

GRF Strategic Focus

Priority 1

Priority 1 Achievements

Gaza

Lebanon

Sudan (& Sudanese refugees in Chad):

Bangladesh Floods:

GRF Strategic Focus

Priority 2

Priority 2 Achievements

Shelter, NFI’s & Protection

Food Security

WASH

Health

Sector-Specific Solutions

Shelter & Protection Project Beneficiaries

Sector 1:

Shelter, NFI’s & Protection

Shelters in Yemen 78

Mattresses, blankets and heaters in Yemen 350

Sector 2:

WASH

1 2 7 22 31

Sector 4: HEALTH

Health Project Implemented

Mobile Medical Clinics

Re-equip of Hospitals

Distribution of Medical Supplies

PEOPLE BENEFITTED BY RAMADAN AID

RAMADAN

QURBANI

EID GIFTS

WINTER

WINTER AID BENEFICIARIES

BACK TO SCHOOL

Uniforms School Bags School Kits

OUR WORK IN THE UK

GIFTS OF EID

OUR JOURNEY, YOUR IMPACT

Policies, Governance & Organisational Structure

Section 1: Governance and Accountability

Section 2: Financial Management

Reserves Policy

Section 3: Human Resources

Financial Review

Section 4: Operations and Risk Management

External Factors Affecting Achievement

Section 5: Safeguarding and Vulnerable Groups

Plans for the Future

Section 6: Fundraising and Donations

Going Concern

Responsibilities of Trustees

INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF GLOBAL RAHMAH FOUNDATION

Opinion

Basis for Opinion

Approved by Trustees and signed on its behalf by:

Dr Khalil Elbayouk

Conclusions Relating to Going Concern

Responsibilities of Trustees