Charlty Reglstratlon No. 1156782 Maktab Tarighat Oveyssi Shahmaghsoudi {School Of Islamic Sufism) Annual report and unaudited flnancial statements For the year ended 31 December 2023 GLOBAL Loudoun Ro4 Stjohn's Wood London NW8 ODL
MAKfAB TARIGHAT OVEYSSI SHAHMAGHSOUDI ISCHOOL OF ISLAMIC SUFISM) LEGAL AND ADMINISTRATIVE INFORMATION H Aahba 11567B2 55 lOn P4)•d St Jthn's VI)d NW81 nk• Y¢rkshlre 8•rtk VI8 7RL 195 ld N22 6DP 5olldtorn ftussdl. Coth Sdkto WCIR4&X
MAKfAB TARIGHAT OVEYSSI SHAHMAGHSOUDI ISCHOOL OF ISLAMIC SUFISM) Independerrtexamlrrfs r•rKxt BalarKesheet Note5tothe financkl slateffts
MAKfAB TARIGHAT OVEYSSI SHAHMAGHSOUDI {SCHOOL OF ISLAMIC SUFISM) TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The tnees presertttrdrannual rEp)rtarlIn•rthlaIeMthfOrthpareIed 31 0ber2023. The full name of the Charlty Is Mèktab Tar¥hat Shahmaghl (Sc fA L%lamrc Sufisml. its r8lst•Trd offlce and prfnclpal operatln8addr0$5 15 23 Edlson Road, Crowh End. London, N8 E. ts part of the 0bal ¢)rpnlsatlon wAth t same name lthegh)bal oryan15)tkn Fn1fter as MTOI. The flnandal statements betn prepHred In with the accouMin8 poltths set out In rKe I to the financlal ststsmtnts ar corn vAth the thjrlvs trurt dert the Chartves 2011 and and Rer•Jt5nt ty Chat. Statement of Pemrnmert Prntkn to chaffts WEparfng thek acwunts In aCCor(kn wlth the Flnandal Rewung SndaaPptIble in the UK whd IFRS 1). leffedibt Ijanry 20191. The oblects are to esthbllsh the teachth& wactke arrtl athortennt of 1stsmTc rEln and educat5on In the Unlted Klngdomznd elsethere around the ¥thld In aCcOrdanT•[th the tyts•nd dtrfrtes0fsSm as pTrcticed * MTO. The Charlty was forn to tske tt acii¥ttles oFthe rtosiued Chartt•bleTrust 1010542 tthkh has the Same objects and nèrne as thts CharItsb Intorporated OrBan15atth The tranOpe1s whlth at the •nd of2014 has contlftued 7Atth onlya few remalnlng wrth the TnwL The ao bs contlnuing the work oftheTn& In and edwatkn as a F44rtof Mro.Thts a programrr of ctwes and dasse5 In the UK IrKlth4lrg the aNlty ty host webra#s from London to stlthnts thro¥hout thè world. These compllment the trmoadcasts of relatsd Nffo centrS tlsewh¥e In Ewope and the Untted Ststes. The (tharity '•rKounge the of Wjsrn at Unr[sItS al otlr ethntknnal 1ftstth in the UK and to promote Inter4alth actfvltles In bcal comm]11e> check$.Tr sesslom atso mad• available onlnefNtrsmallerUKfentre& Weekty trAiok readlngiroups¥Kre a150 estsblishÈdalknvingstudentstodlxu55Suft Ilterature in small The Charity facllltated the dirtritwrtion of a ntw Und¥tt InfiUen as 11 as the WDductlon and distyibullon of a ¥lrry4 and CD allrn ty MTO Zendeh Dekn. entthd Sufi bea The Charity continwl its dwwitsbk and $UStsUbIlIty effryts as 11 as wesenvre poety% Zekr and s tIW¥h In pers( includln8 partkapatkm ztth? F8 FesU¥al In Au8llSt 2023. As detsiied IA the St•tenrt t4 Rnanclal pa¢e 5. 0rS Weser at the yond amounted to £3,113,136 of Ulrkted fund5 and £21AlF of restrkted fuTrJ& Th• ao hohl t reserwes and frjrther funds as they a rece14ed as a buffer foroper4tin8 co kn Irt)n are wBllab to Sup thcerttres abroad offUr addlthxil pn)¥eriits In the Uxfor hold1 neiin8sand ¢tyJ¥s reqthd. The Charity. a Charitable 1rr)ftted w•$ • Charfty on 18th 14111 2014. RtsRn number. A RezaÈS E Almandl H Rahbarf
MAI(fAB TARIGHAT OVEYSSI SHAHMAGHSOUDI (SCHOOL OF ISLAMIC SUFISM) TRUSTEES, REPORT (CONTINUED) FOR THEYEAR ENDED 31 DECEMBER 2023 None of the Trustees have been dlrett benefidarles of the Charity durlre the year or ihe preceding year. No Trustees received any remuneration from the Charity during the yearl3022- £Nill. A Trurtee Is appolnted tsy COMMendation of the Trttee$, or by proposal of a Trustee entitled to ¥ore at a meeting of the Charity. Induthon and tralnln¢ polklesfor trusiees The Charityfollows the guSdellnes provided by ihe Chadty COMMIOn. Responslb511ty otthe Trustees The Trusiees are responsible for the mana8emet)t of the Charlty and lor the furtherance of the objerts for whlch it Is established. Trustees rneet on a regular basis io di5CUSS the affairs ol tht Charity. The statemeni d Trustees, re5wn5Ibllities Is on page 3. Investment Powery The Trustees may invest the monles Of thè Charlty not Immedlatety requlred for Its purposes in or upon $u¢h Investment5, securlttes or property as may be thou8hi lit. Publ1¢ Benefft Requlrement The Trustees have due regard to the guldance set ¢xit under sectlon 17151 of ihe Charltie5 Act 2011. Or¢anlsatlon The day-to-day acttvlttes ol the Charlty are to be conducted from ih•lr premlses In London aThd 81rt1ey and at rtted premlses In otherCe$ In tht Uft¢t Xlngdom. Voluntée Durlng the perlod vartOV5 Indfvldua15 thelr thme In supportlnK the Charlty'5 actItieS. The value of th15 Support cannot bè readlly quanfjfi"eiJ and has noi been included In the financlal statements. Rlsk Management The Tru5tee5 have assessed the rnajor risk5 to which the Charity is exposed, In partitular those related to the opernttons •nd hnène•s ol the Charity, and are safjsfied that swerrts are In place to mbtf8aie the Charlty'5 exposure io the malor rlsks. Independent èNamln•r A $01On proposln8 that NIBel Waffi5z bè reapp)inted a5 Independent EXanne1 wlll be p¥oposed at the next Annual General Meetin8. The irustees, repjrt was approved by the Board of Tiustett. E Arjmandi Trustee 31 October 2024
MAKTAB TARIGHAT OVEYSSI SHAHMAGHSOUDI (SCHOOL OF ISLAMIC SUFISM) STATEMENT OF TRusfEE5' RESPONSIBILMES FOR THE YEAR ENDED 31 DECEMBER 2023 The trustees are responslbf0r prepartn8 the Trustees, Report and the flnanclal statsments In attordanc• with appllcabje law and Unlted Klngdom Aryountln8 Standards Iunlted KlngdomGeneraltyAccepted Accountlng Prntticel. The Jaw applICab to tharhle5 In En8land and Wales requ1$ thè tru5tee5 to prepare ftnan¢tsl ststements for each fftfiancial ar whlch gfve a and falr vlew of the stste of affalrs of the chaftty and of the IrKomlng resour5 and appllcatknn of res¢Jurc•softhè tharbtyforthat year. In preparfngthèsèflnancSal ststement8 thetrustees are rnqulred to: - selertsuttsble4ccountln8 poltde5 andthen appty them conslstently: -obs¢Thethe methods and wfinclples kntheCharltle5 SORP,. - makéludgèmentsand estlmates that are reasonabkand prudeni. - state whher applICab accountlng standards ha4 been followed subject to ary mthrljl departu (Isc105ed and plakned In the flnanclal 5tstements,' and - prepare the fincIal ststeffnts on the gotng concern basls unless 5t b Inapproprlate to p5Me that the Crfty wlll contlnue In operatlon. trustee5 are respon51ble for knepln8 suffl¢lent accountlng recwds that dlsc105e wlth reax>nable at any tlmè the Ilnjnclal p05Rfon olthe charlty and enable them to ensure thai the flnanclal statements Comp wlth the Charttks Art 2011, the Charfty Iktounts and Reportsl Requlattons 21YO8 and tht pmflslon5 of the tn deed. Thty ar• also r•sponslble for safegvardlng the assets of the charfty and hence for tsking reasonable Steps for the pwention and detetllon of fraud and other Irregularltles. The trustees are ponsIb*forthe malntenènce ènd lrteBrfty of thetharlty¥nd finjndil Informatlon Includad on th• charIty'sb$t. Leglslatlon In the Uned Ktngdorn govemlngthe preparatlon and dissemlnjtlon of finarKlal statements mty dlfferfrom leg151atlon In otherjur15dlctt0.
MAKTAB TARIGHAT OVEYSSI SHAHMAGHSOUDI (SCHOOL OF ISLAMIC SUFISM) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MAKfAB TARIGHAT OVEYSSI SHAHMAGHSOUDI (SCHOOL OF ISLAMIC SUFISM) I report to the trustees on ry examlnation of thè finantlal statements of Maktsb Tarl< Oveyssl Shahma8hsoudl (Sthool of Islamic 5ufisml (the thaty> forthe yearended 31 tjecember 2023. Responsfollltles •nd baslsof report As the tnjstees of the charfty are re$S1b1e for the w¢paThtn of the fiThanclal 5fatements in accor&nce wlth the requtremerrt5 of the rttle5 Act 2011 (the 2011 pAI. I itt In respett of my èxamlnatton of the ch8rW$ lknJntSal statsments othed out under settkni 145 of the 2011 ACL In carrylni out nry e¥arnlnatlon I hth followed all the applkabk Dlrectlons 8l¥en by the Charlty Commlsslon under seciion 14515llbl of the 2011 ACL Indepthdent Lxamlnerfs statement I have Completed my examlnatlon. l tt>nflrm that no mattws hav• (fjme to my attenOn ITr connertlon wlth tht eyaminatlon 8Mng rnecau5e to bellth that In ary matsrlal respert: accountlng recordswere not kept In resFeCtofthe charity as rwuirnd by sedn 130ofthe 2011 A¢. or the flnanclal statements do not accord wth those records; or the flnanclal statements do not cornply wlth the appllcable requIts concernlng the fom) and content of accounts Set out In the Charitie5 (Awnts and RepJrt51 Regulatlons 2008 other ihaD any qUIreThnt that th• accouttts 814 a true and falrvtew whfjch Is not a mbttercorssldered as Part of an Independent examlnatlon. I have no tt>rbEern5 and ha¥e tome acrDS5 no other matters In connectk)n wh the examtnatlon to wfiich attentlon should be drawn In thls report In Oertoefiabye a properunderstanolng of the finandal #aternents to be reached. MGR W•st•n KtyiiP 55 Loudoun Road Stjohn'swood London NW8 ODL Djted: 31 October 2024
MAicfAB TARIGHAT OVEYSSI SHAHMAGHSOUDI (SCHOOL OF ISLAMIC SUFISM) STATEMENT OF FINANCIAL AcnvmES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023 Tthl Unrestrfttd Restrkted funds funds 2022 2022 funds fvnds endowmÈtfr0. Donatlons and le8ac*s Charltable 8Ctivitl•s Investrfients Otherlncornln8 reStyJes 144084 874 7L219 10.202 IL215 156.099 874 71219 10202 121.178 12.873 64.610 11.743 11.257 131435 12173 64.610 11,743 Total In¢ome 227.179 11.215 238394 210.404 11.257 221,661 nd Qjstof Tr151n8fund5 3.787 3.787 ¢724 6.724 Charitsbl• acifviti 64.127 64.127 6S.6M 65.634 Tolal •xpendltur• 67314 67314 72,358 Net8alnsll1055esl on Irp4estments 25,000 2SmO 118¢ lrtcom•forth•y•8rl Net mo¥ement Inlunth 184.265 11.215 195Aao 163.046 11257 174.303 Fund balances * Ijafiry 2023 1928A71 194,839 3.123,710 2,765,825 183.582 2,949,407 Fynd bal¥nces¥131 De¢ember 3,113,136 206.053 3,319,189 2.928,871 194839 3.123,710 Thè thtement of finartdal actfv5tS Indudes all plns and losses reco8nlsed In year. All In¢ome and expend6ture der from contlnulng artfvltle5. Th• notss on paw 7t0 Isfomi partofth•s•finandal ststemerrts
MAKTAB TARIGHAT OVEYSSI SHAHMAGHSOUDI (SCHOOL OF ISLAMIC SUFISM) BALANCE SHEET AS AT 31 DECEMBER 2023 2023 2022 Note5 xed a5set5 Tangible assets Heritsge assets lrnie5trnent properties 14 840.671 21.824 1.050.DX) 855,857 21.824 1.02S.000 16 1.912.495 1.902.681 Current assets Debtors 17 36.299 1.439.792 34.152 1.253,$64 Cash al bank and In hand 1.476.091 1.287,716 Creditors: amountsfalling due wh1n ohe year 169,3971 166.6871 Net current assets I.4(.694 1.221,029 Total assets less ¢urrtnt liabilities 3.319.189 3.123,710 Income fvnds Restritted funds Unrestrftted funds 206,053 3.113.136 194,839 2,928.871 3,319.189 3.123,710 The accounts were approved bythe Trlee5 on 31 OEtober 2024 E Arirnandi Trurtee The notes on pages 7 to 16 form part of these financial ststements.
MAKfAB TARIGHAT OVEYSSI SHAHMAGHSOUDI (SCHOOL OF ISLAMIC SUFISM) NOTES TO THE FINANCIAL STATEMEMrs FOR THE YEAR ENDED 31 DECEMBER 2023 At¢ounllpo1ICTeS 1.1 A¢¢guntl con¥entlon Tht accgunts hwe boen preprnd In atctsrdance with appllcable accountln8 rtandards. 'Attourt1 ar fteportlrY4 by tharltles: Statsmeni of Reu>mmended Prnctlce appllcable to charmès preparfn8 thèlr •ctounts In attordance wlth the Flnanclal Reportlng Stsndard appllcaNe In th• UK aThd Republk of Ireljnd IFRS 1021° and the Chadtle5 Act 2011. The charfty15 1 Publlc 8•n•fft Entity d¢Aned by FRS 102. The chadty has tsken adThta of th¢ prov11$ In the SORP for chJrY(les appty1 FAS 102 Upd•t• Bulknln I rt to preparg • Stat•m•ni of Cash Flows. The flnantl#l 5taternents hw• ba•Th prnwred under th• hlrtork•l ¢0# conventlon. The n¢SPI1 •¢¢ountlng pollcles •doptsd are setlmrt below. 1.2 Goln8 ¢onc•m At the tlme of apprnn1 the fiMn¢lal tst•ments, the tnthles hwe • re•sonJble ey¢tstlon th•t the ¢h•rity his ldtquite resoiircesto contlnue In operatlon•l exlstence forthe foresttable future. Thus thè trnstees contlnu• to •dopt th•Wniconc•rn b•slsof attountln8 In pT•p•rlth? flfianCl thtenwjnts. IJ Ch•rtt•bl• fundA GeneAI unr•strtrted funds represent unrestrfct•d Income whlch Is oxpend•bl• at the dlscretlon of the Tru5tee$ In lurtherjnce of th• objttts of the chirlty. Such funds m•y be held In order toflnance workln8 c•plt41. Restrittèd funds f•pr•s¢nt IrKome recefved whl¢h Ire allo¢•t•d by the donor fur 5pecffit purpJs•s whkh af• th•r•for• not w4llJble for other purpose& L4 Incomlnl resourtes Donatlons a¢¢¢>teforofi 4 c•5h recehqble $15. Rant rwfvablt l$a¢¢ru¢d foron • day to day b•sls. Inte$t Incorne Is iccosfftdforon an a¢cnJal$ $ts. Income from ch•rhbl• •ctMtlqs Is reco8ntsed when condbtlorbS of recdpt have b•tn m•t and thre Is rusoNble rnThc• of r•celpt. oiher IrKomlnq UrCeS are account•d for when condttlons ft>r Tecelpt ho bwn n*t and th•rn bs 1•bI• •swranc• of r•c•lpt.
MAKTAB TARIGHAT OVEYSSI SHAHMAGHSOUDI (SCHOOL OF ISLAMIC SUFISM) NOTES TO THE FINANQAL 5fATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Icontthwdl All expenditu 15 accoted foron •n at£nAls ba5i5and has beln IMhKled uThlerexpensecateysthat ag8re8ate 011 Go¥ernance costs those IncLwred In the Thyr1 ¢h•rtys assety ty8athth)¢MI m(nINtION and Tart81brd a55etsarE51atedat costlessdeW. I1 1thefrAk111fil base5: Freehold laThl and Plantand eQTrt Fixtures andfitti Land b3[ae 25%dUc1 balante Fixed asset 1rNeStn are at at the b3e sht dats. R81lised qJln5 and b55es In¥esiments are cakulated as the dIffern trthRen sales eedS and tstr markn value at the start ofthe year. or thelr wb5equent m5¢ are Cha or cwEdited to tr Ststsrnert of fknanclal artTvlls In the ar of dlspwl. Unrea115ed galns arhd rewert the rr#y•wn1 In market values the year and a crethted charyd to Inbstment are SrKILKled in the balanct sheth at thelr open value 35 e#knated ty the trLSt Depreclatlon Is prrylded onty those wopert5whtdb arE knehold aThl whre tr un&¥plred ISe term 1sknth1n20 IA Herft¥8e 855ets The natwe of herttay assets the dwly a artt• and Strt ¥sts are ffÉa5ured at eltherthdr cost or valuatkn If the I•Be asset has been thnated unJe5s thts I[rforn Is not lIable and sh are rKrt revalwl. Cash and cash eqthateThts In¢kth cash In harf depo4ts W at rall fhlth bkS and Bank tyvdraft5 LIO Crndlthvs In the trar&fer of fwds to • thirf p•rty and the •nwit due to setde tr* obtlptFon can be rne1$u or estlmared
MAKfAB TARIGHAT OVEYSSI SHAHMAGHSOUDI (SCHOOL OF ISLAMIC SUFISM) NOTES TO THE FINANCIAL sfATEMENTS (CONllNUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 icortknuadl The tharlty Is eyEnyt from tsx on IrKome and eains wthin the Taxes Act 198& & 505 or the TaKatrt of CharKeaWe Gains Act 1992. 5. 252 to the eX1errtthatt areappld to ltsth1riiaQeC The drIty notVATieWsternd As Jssknm Intkth ofVAT. L12 Ftyel8n ewtha M¢)netary assets Ilabllw d¢Thad •) ftyew cufferw a transl•trd Into Sterlng at the rates Lrf evthJnKe Tullngatthe baL4nce sheet date. 1 dlflererm I Indth In net (Krtgoing sOUrces. In the appltstkm of dwrws the trL&ees a to Ma JudgÈmenty esuffates and a55UrnPtlons abrt the amLx¥rt of assets and Habtiitles that a not reathty apparent from other Sour Th• e5tknates and assodad based on hlstorkal tne1 •nd other factty5 that are consldered to Il$ed In the pvlcd In whkh the &mate 15 rv4tsedwPth the rtbrfslon affects ortythrt perto¢ or kn the perfod af the rwjslon and fvture Wcrftswhere the afferts bothcurrerrt and fe periods. As thxwlbed In nots 16 to the f?1 5tstWTw¢ mrt5 ar• at tslr val. The used 144W4 IL215 15&099 12L178 11.257 132.435 Èfy)ks and 874 IU73
MAKfAB TARIGHAT OVEYSSI SHAHMAGHSOUDI (SCHOOL OF ISLAMIC SUFISM) NOTES TO THE FINANaAL sfATEMENTS (CONnNUED) FOR THE YEAR ENDED 31 DECEMBER 2023 2021 tsl Incom• Interest recefvabte 62.024 9,195 61024 2,586 n,219 64.610 Gfft akl 10.202 11.743 10-
MAicfAB TARIGHAT OVEYSSI SHAHMAGHSOUDI {SCHOOL OF ISLAMIC SUFISM) NOTES TO THE FINANaAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Cortof raIslfunds Unre#rfGtsd Vnrestrf¢ted fvndl fitndi 2023 Investment pmpertyco#s 3.787 6.724 3.787 6,n4 thi1ble adl¥ltl 2022 6.432 36 1,073 926 5.587 2.917 Bankswthce chary• AdvertJslTr8 M•ll. ind rt•tlon•ry Lepl Jnd pthmlonal fee5 R•palrnAnd rna1nten1e G•n•rnl •XF4nses Doprnclatlon Telephone •nd knt•rn•t Utllltl•s Securlty Trnvel and subslstsnc• Grants payalAe Venue hlrn 26 550 958 1,883 17,270 5,013 10,267 1,419 17,426 L607 6.326 L330 165 58,953 6L033 of oo¥ernarKecosts Ise• not•91 5.174 64.127 Vnre5trkted fvnd5 64,127 64.127 65,634 11
MAKfAB TARIGHAT OVEYSSI SHAHMAGHSOUDI (SCHOOL OF ISLAMIC SUFISM) NOTES TO THE FINANaAL STATEMENrs (corinNUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Indepen¢nte¥•rrdfterfees 5.174 174 5.174 S174 5.174 5.174 The avwage number0ftrL¥esdurfryts?ras 312021. 3 Charfty durfngthe ywr. Durln¢the)wr. truse$l2022. rtonel rnor¥d rnknlxw5ewertdba¥eL sub51nt •nd ottrexpeTrdlty. The tharlty Is exew frrn tsxon Tnconand galnsfamngwlthln seciion 505oftheT•Kw Art 1988 orsecbDn 252 of tr Tayaiion of thar8eatAe *£t 1992tsthe extrntthatthese are aPd to charItable object& 25.W) -12-
MAKfAB TARIGHAT OVEYSSI SHAHMAGHSOUDI {SCHOOL OF ISLAMIC SUFISM) NOTES TO THE FINANCIAL sfATEMENfs (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 At l January2023 Addttto 935.2 15.765 37M6 989.343 31 December2023 935.692 15.765 39974 .431 At lJanL4ry 2023 DeprOnth?02d In the 14,189 31217 1161 133.486 17.273 14.714 101795 14y7 33378 150.760 At31 December 2023 L178 847.612 L576 855,857 At lJww¥y 2023wKI •¢ 31 Dewnbw2WI 2U24 ID23 Fairvalue At l January2023 Netgaln5 or k$t$ falrvaluea4u5tmerts L025.(KK 25.0 13-
MAicfAB TARIGHAT OVEYSSI SHAHMAGHSOUDI (SCHOOL OF ISLAMIC SUFISM) NOTES TO THE FINANaAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER Z023 17 Delirs Arn¢wntsf4llldYyfthlthnQ par. Tradèdebto Othèrdebtors prepants andaccrued Income 231 20,105 15,963 19373 14,779 36.299 34,152 CredIto. amowtsf4lllnB duewlthln oner 2022 Tr?deUedr5 Othercredltors Accrua15 and deferred Incorr 21,596 19,611 28,190 13.904 19.611 33.172 69,397 66.687 The rnsthctèd f1$ of the thadty comprlse the unexptnded balances of donatlons and 8rnnts held on trustsubJect to speclfk¢ondlllons JanoT5 astoltheY may be u%ed. Movemert In funth Bolanc•at Incornlng Bal&n at 1 Jry 2022 J•nu8ry2023 rnsourl J1 Decer 2023 Movementln at Sada8heh 183.582 IIJS7 194,839 IL215 Sufflttent fund5 are held In an approprlate forni to enab Èath fund to be applled In accordarK• wlth the re¢tIonS Imposed. The restrkted funds were ertablished as the of dlrectlon$ 8lven by dorK>W5 vknl¢h spedfied that tt mowt$t0 be used for • SPEtlfic wpose. -14-
MAKTAB TARIGHAT OVEYSSI SHAHMAGHSOUDI (SCHOOL OF ISLAMIC SUFISMI NOTES TO THE FINANCIAL sfATEMENT5 (coKllNUED} FOR THE YEAR ENDED 31 DECEMBER 2023 At31 December2023: TangIb assets Herftsge a55ets .671 2L824 840,671 21124 1.0SOMIO 206.053 1.406.694 Cwrert lI1•bale$l 1.2Q)A41 3.113.136 3.319.189 At 31 D4¢•nberlllll. Tangtble assets 855AS7 21A24 L025,(K%I L026.190 8$557 2L824 1.025JYJO 1.22L029 IrNestnnt wopertyes Currenta55etsllUablttsl 194A39 2928A71 194 3.123.710 obalorganlsth vmeth¢ MTO: 1rKMths£.6II {2022.£19.611} EqthakntofELWO Lov4 thRto KffOGenw. Otherdebton IKIth £1837012022. £15.0701 thfrom MTOTrw Rental IrKIth £2QiW12022.£20.IXM)l Lérent r•tel¥pdfKThpAfo College. Maktab Tarpthat Oms9 ShahnkIhx (Sdvjol of ]slan kn115 a thaiitsbk I111ed or8antsatloTh 7he a¢¢ounts are prnp3rEd kn stedfj whlth 15 the lurKtloMI omrty of the chwlty. metrry arn In these 1s-