M U N T A DA
(PAID
¥:_
'lJl I:
.()
to
i.)
TRUSTEE&REPPRT &
FINANCIAfsTATEMENTS
OR THE YEAR ENDED 31 DECEMBER 2021
@ALL RIGHTS RESERVED 2022.
MUNTADAAID, FIRST FLOOR, LMC BUSINESS WING, 38- 44 WHITECHAPEL ROAD, E1 1JX
REG CHARITY NO: 1157117 EMAIL: INFO@MUNTADAAID.ORG

Table of
Contents
Chair and GM Message
Constitutional Information
Who We Are
Our Activities and Achievements
Risk Management
29
Future Plan
30
Financial Review
31
Compliance with Regulatory Requirements
32
Banking and Regulatory Restrictions
33
Structure, Governance and Management
34
In Preparing the Financial Statements
36
Pension
38
Financial Report
39

IDBI
Chair &
GM'S Message
The year 2021 would be marked as a year of hope and tragedy. The rollout of a successful
global vaccine programme, 2021, became a year of triumph of human endurance. We will
also remember this year for hundreds of thousands of people worldwide becoming victims
of the deadly COVID-19.
Amid all of this transition, humanitarian organisations regardless of their size and scope of
operations had added responsibilities to reach and deliver aid to vulnerable communities.
Muntada Aid was no different. The year 2021 was one of the busiest in our recent history.
In 2021, we served over 3 million meals to some of the most vulnerable communities in 17
countries, including Yemen - the biggest humanitarian crisis in a generation. Muntada Aid is
in Yemen since 2020 and in last 18 months, we have served over 1.1 million meals to people
living at Taiz refugee camp outside the port city of Aden.
This year through our Drop of Life project we were able to provide clean drinking water to
over 76,000 people in 8 countries. We constructed 375 water projects, including community
water station in Africa and desalination plants in Gaza, where 95% of ground water is con-
taminated and not suitable for drinking.
Despite all the challenges, our team was able to travel and treat 12,00 people for cataract in
Niger and Uganda.
With your support we were also able to provide education sponsorships for 226 children and
emergency relief to people in Gaza and Rohingya refugees in Bangladesh.
This was also one of the busiest year for our Little Hearts team. We travelled to three differ-
ent countries, carrying out 5 missions and performing 157 life-saving heart operations.
Muntada Aid foremost remains a volunteer-led organisation. In 2021, it was no different. We
had volunteers help and fundraise through numerous national, regional and local sports
events. From cycling to bowling to running to rowing to organising birthday fundraisers, our
volunteers helped us raise thousands of people and awareness about our projects.

All of this was possible because you trusted us with your donations and support.
Thank you so much for believing in our mission.
We remain committed to delivering programmes for which our donors have fundraised or do-
nated.
We have streamlined the delivery of programmes so that projects can be completed within a set
deadline while maintaining quality.
We look towards the future with a positive mindset and attitude, with a passion for assisting,
developing and helping improve and transform the lives of those in need.
We ask Allah to keep us sincere and help us fulfil our promise to serve humanity, Ameen.
Thank you so much for believing in our mission.
Naif Sheikh. GM
Musaed Bin Ajlan. Chair
Illli

Constitutional
Information
MUNTADAAID IS A
CHARITABLE COMPANY
LIMITED BY GUARANTEE
Date Registered
as a charity:
4th June 2014
Principal address:
First Floor, LMC Business Wing
38-44 Whitechapel Road,
London El lJX
Charity Registration No:
1157117
Auditors:
KWSR & CO
136 Merton High Street
London SW19
Company Registration No.
08775742
Trustees:
Musaed Bin Ajlan (Chairman)
Hisham Bella (Treasurer)
Imran Asif (Trustee)
Bankers:
Barclays Bank
I Churchill Place, London
E14 5HP
General Manager
Naif M Sheikh
Solicitors:
Lee Bolton Monier-william
I the Sanctuary, Westminster,
London, SVVIP 3JT
Registered Off ice:
First Floor, LMC Business Wing
38-44 Whitechapel Road,
London El lJX
URL:
www.muntadaaid.org

4thDiihW'
Muntada Aid is a UK registered global NGO operating in 30 countries in
Africa and Asia. We focus on education and child development. healthcare
and wellbeing. water. sanitation and hygiene (WASH). economic
empowerment and emergency responses.

Main Objectives
To reduce poverty by providing or assisting in the provision of: education,
healthcare, WASH and alternative income generation programmes as well as
the necessary support required to enable individuals to generate a sustainable
income and thus become self-sufficient. The fulfilment of the above objectives
is enshrined in our mission statement.
Mission
Our mission is to develop healthy and sustainable communities worldwide.
Through implementing our innovative social, economic, education, and health
and wellbeing programmes, we want to empower those denied social justice
and human dignity, in order to make a lasting change in the world.
Vison
A caring and dignified world where everyone is free from poverty and has
access to education and healthcare.
(Pvalues
Guided by the teachings of our Prophet and our Islamic principles, Muntada
Aid has adopted the'l CARE, model of values.
Inspiring
Hope
We believe that the
world can be a
better place, and
our hope is that our
actions will inspire
others to be part of
the change.
Caring &
Compassionate
Our work is founded
on showing care and
compassion to all
those that we
work with.
Accountability
& Integrity:
For us, having integ-
rity means that we
take responsibility
for our actions and
hold ourselves ac-
countable in all that
we do.
Respect
& Dignity:
We will show
respect & preserve
the dignity of all
those we work with
by treating others
as we wish to
be treated.
Excellence
In working towards
making the world a
better place, excel-
lence is the standard
we set ourselves
both in our conduct
and our actions.

You Give. We Deliver.
How Your Donations Transformed Lives in 2021
Drop of Life
Feed the Forgotten
Yemen Emergency
Water Projects
Completed
Over
Over
1.8 Million
780000
Meals Distributed
Meals Distributed
Little Hearts
Gift of Sight
Life-saving Children's
Operations Performed
Life-Transforming
f4 Operations Performed
Gaza Emergency
Enlightened Smiles
Desalination Water
Plants Completed
Education
Sponsorships
Rohingya Winter Relief 2021
380 Family Winter Packs
2300 Approx. Beneficiaries

Drop Of Life .
Increasing impact of climate change and Covid - 19 have caused a big threat for our ability to pro-
vide clean drinking water. However. availability of pure and clean drinking water is vital necessity
for socioeconomic development and the very survival of humanity.
Over 2 billion people live in countries experiencing high water stress.
Access to clean drinking water is also vital for reducing waterborne diseases, improving the global
economy and productivity. 785 million people in the world lack access to water close at home.
Muntada Aid's Drop of Life initiative is providing life-saving clean water access to those most in
need, by installing wells across Africa and Asia. Muntada Aid has provided clean drinking water
solutions to over 1.65 million people so far in Asia and Africa. Continuing with our mission of
providing clean and safe water, in 2021 Muntada Aid installed 375 water wells benefitting at
least over 76,000 people on daily basis with clean water and livelihood support.
Lack of access to clean water is one of the major causes of continuous global inequality. It pre-
vents millions of children from opportunities that should be available to them everywhere. In
many parts of the world. water is still a postcode lottery that allows specific communities to
thrive. In contrast, others remain entangled to poverty due to poor access to cleaner water
sources.

Drip of life
Providing water solutions worldwide
Global Water Crisis
785 million people lack access to clean water.
The average woman in rural Africa walks 6
kilometres every day to haul 40 pounds of water.
Every day, more than 800 children under 5 dies
from diarrhoea caused by contaminated water.
What is Muntada Aid Doing.
We aim to provide clean water solutions to people
within their communities and ease off their burden
of daily searching for freshwater resources.ln last
decade we have provided clean drinking water to
approx. 1.7 million people worldwide.
¥rfl.-
11
(EIAID
Drip of life
Latif Family,
Amaan & Aleesa
'¥é
Pakistan12021
10

Drop of Life - Impact 2021
Countries
375 Water
Projects
76,525
Beneficiaries
(Approx. No.)
i.
Since 2012
Provided
clean drinking
I water to approx. I
1.7 million people
worldwide
11
Drtp of Ilfe

Little Hea
Little Hearts is Muntada Aid's flagship project. A
since April¥
e have
ried out 31 missions in various_countries. During these mis
onstsw have
over 2200 cardiac interventiohs >nd surgeries. Muntacfa Ai
tarted
cardiac projert in Bangladesh in 201 E. And, so far, we have carried out o
surgeries and interventions.
car-
rhed
man
nt
00 heart
An estimated 15"rhillion children die or are cr'ppled annu
ble heart disease in low- and middle-incomp couTrtries.
ble or prevent
Little Hearts provides free life-saving heart surgeries to chil
ren with congenital heart
defects from underprivileged backgrounds irrespertive of gender, race or religion.
Our long-term aim is to build capacity and provide the necessary training requir
dby
doctors and other support staff, to conduct similar operations on children in Africa and
Asia.
'12

Littl,
HEAfiT5
EVERY HEART DESERVE TO BEAT
Congenital Heart Defect Crisis
Each Year an estimated 1.5 million children are born with
congenital heart defects and 150,000 of them do not live to
see their first birthday. Thousands more die before they
reach adulthood. Most of these conditions are treatable.
What is Muntada
Aid Doing.
Our Little Hearts
project provides
free life-saving
heart surgery to
babies and children
with Congenital
Heart Defects from
underprivileged
families irrespective
of gender, race or
religion.
4*--rf. /
' tit4.É). c-:.. .
13

Little Hearts - Impact 2021
Countries
Missions
Life- Saving
Children's
I Operations
Little Hearts Programme Impact
12 Countries
36 Missions
a> Life- Saving
Children's
i Operations
14

The Art of Giving
How Your Donations Saved Safiya
Safiya (5) loves to pose for a frame. But, behind this addictive smile lies years of pain
and lost childhood. She was first diagnosed with a Congenital Heart Defect when she was
just 2-months old. But due to a lack of financial resources and specialised medical care not
available in the country, her parents could not provide her with the treatment she needed.
A local hospital in Libya recently informed her parents about our upcoming deployment in
Tripoli country's capital. And after the initial assessment, she was operated on Monday for a
medical condition known as an atrial septal defect (ASD). According to our team in Libya, her
procedure went well, and she now has the opportunity to live and enjoy a healthy childhood.
Thank you so much for making us the vessel to support children like Safiya.
WHY LIBYA?
Despite substantial oil reserves, Libya is facing economic collapse, political instability, and on-
going conflict between violent militias that has forced most of its medical professionals to
leave the country in recent years.
Most of the children in Libya suffering from this crippling disease lack access to specialist care
due to the ongoing conflict and poor socio-economic family situations.
We aim to provide quality and free access to such treatments to as many children as possible.
This is Muntada Aid's 39th Little Hearts mission overall. Over the years, we have saved thou-
sands of children from Congenital Heart Defects.
15

For Musa.
It's Always the Reds
The Liverpool Football club holds a special place in Musa Hamad's heart. But his
9-year-old heart suffers from a congenital condition known as Pulmonary Stenosis.
Running and scoring goals like Mohamed Salah only happens in dreams- the actual
football pitch is out of bounds at the moment for Musa.
He is also a darling of his three elder sisters and a Mama's boy.
"His three sisters love him to bits. He is a very obliging child and a great help when it comes
to household chores, said his mother during her conversation with Kabir Miah, programmes
manager, Muntada Aid at Coast General hospital Mombasa where our team is currently on
deployment.
Our team of internationally renowned paediatric cardiac surgeons treated Musa on the third
day of their mission. His procedure went well, and hopefully, in the future, he will be scoring
goals for his local team and one day for Liverpool FC.
About Kenya Deployment:
The mission started on the 13th of December and finished on the 17th of December.
We were able to treat over 40 children during the course of this deployment.
During our first deployment in Kenya, our team carried out 35 interventions earlier in July
2021.
"During our first mission, we found that there is a greater need for such deployments in
Kenya. Mombasa is home to over a million people with no paediatric interventional care
available to children. Our long~term objective is to build human resources capacity in Kenya
so that local doctors can carry out these interventions, ' said Kabir Miah, Programmes Man-
ager at Muntada Aid.
16

Do You Know?
Each year an estimated 1.5 million children are born with Congenital Heart Defects.
10% of babies born with CHD out of 1.5 million do not survive their first year of life
About Little Hearts Programme
Our Little Hearts project provides free life-saving heart surgery to babies and children with
Congenital Heart Defects from underprivileged families irrespective of gender, race or reli-
gion.
Impact
Since 2012, the Little Heart team has travelled to 10 different countries carrying out over
22,00 operations and interventions on children. The mission to Kenya is our 35th deploy-
ment.
HEAftT5
HEART
Littl• .
HEAftTS -
HEART
LTttI•
HEArl HEfiftTS
f(EAfiT5
HEART
/3.1 Little
rfEART5
OE
HEAR
DESERk'ES
DESERVES
JESERVES
I IIAR
, MBEA
EVERY
DESERI,EÉ
TO BEAT
TO BEAT
TO BEAT
, TO BEAT
HEART
OESERVES
TQBEAT

WeDidlt-
Hijrah Ride 1443
"It was never easy. Every stage of this Hijrah Ride obstacles were thrown in our way,"
said emotional and very tired Shamsul Abdin after a gruelling day of cycling; the team fi-
nally reached at the gates of Al-masjid an-Nabawi in Medina.
The H&K Cycle Club team members are used to hostile terrains during the annual 3 Cities
Tour. Still, the desert heat, humidity and wind speed that hits them every day during Hijrah
Ride have tested their stamina and resolve throughout this challenge.
"It was like being in an air-fryer and
sandblast simultaneously," said Soifur
Rahman.
¢WAIQ
CC
HI.JPfjH PIDF
The cyclists from the H&K CC team par-
ticipated in the UK'S first Hijrah Ride to
support children suffering from con-
genital heart defects living in Asia and
Africa.
The London based club has been one
of the most dedicated and passionate
supporters of Muntada Aid's Little
Hearts project. We have carried out
three missions in Bangladesh, Kenya,
and Egypt with their support.
IOTHto18TH MARCH I
Kc
Over the last three years, the team has
raised close to £200,000 for this project
alone. They are also supporting an edu-
cation programme in East Africa.
SUPPORTING LITTLE HEARTS
EVERY HEAR T DESERVES TO BEAT
REGCHARITY IK>.1157117 WL. hNFO
18

! p¥:-
Food
IT IS SHOCKING THAT IN A WORLD, WHERE WE PRODUCEfN
FOOD THAT MILLIONS OF PEOPLE STILL GO TO BED EMPTY
ACH EACH NIGHT.
Each year Muntada Aid through its Feed the Forgotten (tncluding,
Qurbani campaign) programme provides food assistance to thor*-
sands of people in some of the most vulnerable areas.
Our programme operates in 23 countries with a permanent project
in Yemen; one of the worst humanitarian crisis in a generation.
Through Feed the Forgotten, we provide people with meals and
food packs that provide food to a family of 5 for up to a month.
During the course of Ramadan, our teams in these countries provide
Iftar meals and food assistance to people in need.
Our Ramadan food parcels constitute wheat or rice (dependent on
the country), pulses, cooking oil, dry milk powder, salt and sugar.
19

FEED;FORGOTTEN
Global Hunger Crisis
30 million more people were affected by hunger as a
result of the coronavirus pandemic in 2020.
11N9
2.37BN
People
did not have access
to enough safe and
nutritious food in
2020.
People
globally are hungry
or under-nourished
About our Programme
Our Feed the Forgotten programme is providing food to
families living in conflict zones, economically poor, and
people living areas affected by climate change. Our progr-
amme operates in 23 countries with a permanent project
in Yemen; one of the worst humanitarian crisis in a generation.
Through Feed the Forgotten, we provide people with meals
and food packs that provide food to a family of 5 for up to a
month.
20

Muntada Aid
Impact
In 2021
kq
18
Countries
Over
1.8 Million Meals
Shared
Since 2020
23
Countries
Over
3 Million Meals
Shared
21

I'JJ
IE
Yemen Emergency
Yemen remains one of the largest humanitarian crises in the
world, with around 21 million people in need of humanitarian
assistance, including more than 11 million children.
What is Muntada Aid Doing.
Muntada Aid is in Yemen since 2020 providing food assistance
at Taiz Refugee camp. Most of the people living at this camp
are from the port city of Hodeidah after fighting erupted
between the warring factions in 2018.
22

Muntada Aid Impact 2021
We Distributed Over 750,000 Meals
at Taiz Refugee Camp in 2021.
AUAMAM
TOMATO PASTE
4•
Since July 2020
We Have Distributed Over l.l Million Meals
23

GIFT OF SIGHT
PROVIDING LIFE-TRANSFORMING CATARACTS OPERATIONS
Cataract Blindness Crisis
An estimated 5 million people are blinded by
cataract each year. Blindness affects more than
4% of the population in parts of sub-saharan Africa.
WJKTIIII A
NIGE
4 1
ryi
What is Muntada Aid Doing.
Our missions are uncomplicated, but their impact on
individuals, families and communities is life transforming.
Each successful cataract operation means independence,
freedom of movement, working and seeing the faces of the
family again.
In 2021, we performed 1200 life transforming eye operations
in Niger and Chad. We organized these missions in partnership
with IHH, Istanbul and Alliance of International Doctors, Istanbul.
24

M U NT ADA
)AID
i-
IT WASSIX YEARS Q
WAITING
FOR MARYAM TO SEE RAHMAN
It Was Six Years of Waiting
for Maryam to See Rahman
Maryam Salah is 60 years old, and her husband Abdul Rahman Al Hassan is touching his 90s.
They live a peaceful life with their children and grandchildren in Tasaq, some l 00 kilometres
from the town of Tahoua in the south of Niger.
We met them on the third day of our ongoing Gift of Sight mission in Niger. They were resting
after doctors had removed their eye patch earlier in the day. Both could see us through their
dark sunglasses, but that has not been the case. They have been waiting for this opportunity to
see each other for over six years.
Maryam developed cataracts on both eyes six years ago. Abdul Rahman could not see from his
left eye due to a cataract, and his vision had deteriorated further as this cloud was now shad-
owing his right eye. He is the father of my children, and they are a part of him. So, the first
person I wanted to see was him after my sight." said Maryam.
Due to the lack of public health infrastructure, the couple had been waiting for their interven-
tions for years. Niger is one of the poorest countries in the world. According to the United Na-
tions, they rank lowest on their global development index.
Muntada Aid is in Niger organising missions where people living in remote areas are treated for
this crippling condition. Since 2020, we have operated on nearly 3000 people blinded or par-
tially blinded by cataracts.
This August, we will operate on at least l 000 people living in and around Tahoua, some 350
kilometres south of Niamey, the country's capital city. They heard about our mission on the
radio and decided to take the 100-kilometre-long journey with the help of Abdul Rahman's
sister.
If this camp did not happen, we would have lived blind, but we would have still thanked Allah,"
said Maryam.
25

Muntada Aid-lmpact 2021
1200
Life-Transforming
Eye OPERATIONS
ffl
11
26

GAZA Emergency
The people of Gaza continue to suffer. The blockade and the war
have caused years of suffering. The public infrastructure and
services are badly damaged.
According to various reports 95 % of the ground water in Gaza is
"well above" the guidelines for safe drinking water. About 50
percent of Gaza's children suffer from water-related infections.
The recent conflict has had a far-reaching and devastating impact
on children's wellbeing, according to a new report by Euro-med
Human Rights Monitor, 90 % of the children in Gaza suffer from
PTSD.
Muntada Aid In Gaza
4 To help people overcome this
diabolical situation in Gaza,
',y l Muntada Aid is installing water
desalination plants and also
providing Emergency Psycholo-
gical Support to children in Gaza.
Impact 2021
Desalination
Plants
Eid Gifts to
Children
Emergency
Aid
Providing Psychological Suport to Children
27

CriLi9hLcncd
Some 750 million adults- two thirds of them women- remained
illiterate in 2016.Half of the global illiterate population lives in
South Asia, and a quarter live in sub-saharan Africa.
More than half of children that have not enrolled in school live in
sub-saharan Africa, and more than 85 per cent of children in sub-
Saharan Africa are not learningthe minimum.
In 10 low and middle-income countries, children with disabilities
were 19percent less likely to achieve minimum proficiency in
reading than those without disabilities.
Impact 2021
sponsored 226 Children With Education
28

Risk Management:
The major strategic and operational risks Muntada Aid exposed are
being monitored and managed by Senior Management Team. The
assessment is reviewed by Finance Team and pass to the Board of
Trustees for their consideration.
The process identify the types of risk that the charity faces and then
record them on the Strategic Risk Register, followed by prioritisation
of risks in terms of likelihood of occurrences and their potential
impact.
29

Future Plan:
The Board of Trustees and the GM are aware of the challenges
Muntada Aid faces are committed to resolving these in order to
ensure that Muntada Aid can continue support those it works with.
However, in this challenging environment it may take longer than
expected.
The Board and the GM have committed to a new strategicoplan
(2022- 2027) to guide Muntada Aid through the next 5-year phase
with a focus on serving our end users within a financially sustainable
model.
To make the organisation more sustainable, we have embarked in-
novative fundraising and cost management initiatives. Importantly,
the Board has recently approved a detailed review of the finances
and organisational re-design. The objective is to ensure that there
are robust systems of internal control and financial management in
place enabling Muntada Aid to achieve its strategic objectives. The
Charity is committed to building on the progress and continue its
endeavour of improving efficiency.
Last year Muntada Aid introduced a more robust partner selection
process, frequent site visits, monitoring documents, enhanced due
diligence, recruitment of qualified staff and stronger oversight on all
aspects of the functions of the charity by senior management team.
In 2021 we successfully recruited few fundraising and implementing
partners following the new partner selection process and proce-
dure.
The strategic plan will reinforce Muntada Aid's declared objective of
'serving humanity, through transforming lives with our unique set of
programmes focused on empowering the poorest and most margin-
alised. The strategic plan is based on the results of a wide ranging
consultation at all levels within the charity.
30

Financial Review:
Muntada Aid recognises the challenges ahead in terms of particular risks in
relation to achieving a sustainable financial model of its cost base, increas-
ing unrestricted fund income level and improving business process efficien-
cies and their cumulative impact on charity's strategic plan.
Due to Trustee's decision to adopt full cost recovery model in 2020,
Muntada Aid managed to secure enough un-restricted funds in 2021 to
cover fundraising, governance and support costs which was not possible in
2020.
We will continue to implement full cost recovery model to further strength-
en Muntada Aid financially so the organisation is able to full fill
donor's trust, deliver programmes efficiently.
This will allow the organisation to grow and implement programmes for
those in need around the world.
OK

Compliance
with Regulatory
Requirements:
Muntada Aid has invested in a compliance function to ensure all aspects of
compliance and standards are being managed effectively to continue to
build public trust and to drive transparency and governance within the or-
ganisation. All fundraising activities go through a stringent process to
ensure a business case proposal is submitted with rationale of the event, ex-
penditure, income projection, programme, communication and press &
media requirements- as well as relevant due diligence on stakeholders in
line with our policy.
We work very closely with all stakeholders (internal and external) and review
compliance, branding, and legal queries as required for the betterment of
the organisation.
As part of our GDPR compliance process, we have established a security-con-
scious workflow and adequate administrative data & technical measures to
protect personal data. We are establishing thorough controls over the entire
IT infrastructure, building healthier data protection workflows, and stream-
lining security monitoring to better manage what is going on across our net-
work.
The GDPR process enabled us to build a better level of relationship with
donors that are keen to hear from us and receive updated
information about our campaigns and how they can be part of ourjourney
by supporting us as required. As donors are becoming more and more con-
scious about how their data is being handled, we have been transparent and
have taken a proactive approach to build trust in our brand.
32

Banking and
Regulatory Restrictions:
One of the risks is considered to be restrictions on fund
transfers to certain countries and the potential loss of
banking facilities. Mitigation measures included strength-
ening relationships with banks, being sensitive to their
concerns, awareness of changes in overseas transfer
requirements and developing multiple payment options.
The Board of Trustees have established an Internal Audit
and Compliance Committee that includes non-executive
experts that oversees risk, f inance, and audit from a
strategic and governance perspective. The committee
aimsto conduct periodical audit and random check in
order to ensure that the charity is compliant with its risk
management policy.
33

Structure.
Governance
and Managemen
The charitywas incorporated on 14 November 2013 a
company limited by guarantee. The charity is governed by
its memorandum and articles of association approved in
November 2013. The charity was registered with charity
commission as a charity on 4 June 2014.
34

Organisational Structure:
A change process was competed injune 2021 giving rise to operational alignment and
greater
efficiencies.
The trustees have delegated the day to day running of the charity to the Chief Executive
Officer who is accountable to the trustees. The trustees have regular meeting to assess the
performance of the charity. The Board of Trustees also works with key stakeholders and
makes sure that we satisfy the regulatory requirements on us as a charity. The CEO engages
actively with the Senior Management of the Charity in order to improve Muntada Aid's abili-
ty to respond to disasters and develop continuous development programmes. Systems for
line management, appraisals, staff development and supervision are in place, together with
an accountability framework, and grievance and complaints procedures. Reports are sub-
mitted to the Charity Commission and Companies House by the Trustees, as required by
law.
Pay Policy for Senior Staffr.
Payfor senior staff is reviewed annually. During Financial year 2021, there were no staff
members who received a salary of more than £60.000.
Board of Trustees:
The Board of Trustees comprised of three trustees. They are responsible for all
matters pertaining to governance of the charity and policy making. They are also
responsible to provide adequate guidance and strategic dirertions to the manage-
ment of the charity so that they can implement programmes and projerts in an
efficient and transparent manner, within its policy framework, thus fulfilling the
stated aims and objectives of the charity.
Trustees, responsibilities in relation
to the financial statements:
The Trustees are responsible for keeping adequate accounting records that are sufficient to
show and explain the Charitys transartions and disclose with reasonable accuracy at any
time the financial position of the Charity and enable them to ensure that the financial state~
ments comply with the Charities Act 2011.
The Trustees are responsible for preparing the Trustees, Report and the financial state-
ments for each financial year in accordance with the law applicable to charities in England &
Wales. The Trustees have elected to prepare the financial statements in accordance with
United Kingdom Generally Accepted Accounting Prartice (United Kingdom Accounting
Standards) and applicable law, and in accordance with Accounting and Reporting by Chari-
ties: Statement of Recommended Prartice (Charities SORP- FRS102).
35

In preparing the financial statements
the trustees are required to:
Selert suitable accounting policies
Observe the methods and principles in the Charities SORP (FRS102).
Make judgments and accounting estimates that are reasonable and
prudent.
State whether applicable accounting standards have been followed, subject to any material
departures disclosed and explained in the financial statements.
Prepare the financial statements on the going concern basis unless it is
appropriate to presume that the charity will continue its operation smoothly.
Under Companies/Charity Law the Trustees must not approve the financial statements unless they
are satisfied that they give a true and fair view of the state of affairs of the Charity, its income and
application of resources of the Charity for that period.
Trustees are also responsible for safeguarding the assets of the Charity and hence for taking reasonable
steps for the prevention and detertion of fraud and other irregularities.
So far as each of the Trustees at the date of this report is aware, there is no relevant audit information of
which the charitys auditor is unaware. Each Trustee has taken all the steps that he/she ought to have
taken as a trustee in order to make himself aware of any relevant audit information and to establish that
the charitys auditor is aware of that information.
The Trustees have exercised due diligence and care in protecting the integrity of the Charity and its repu-
tation. The Trustees take this opportunity to thank Muntada Aid stakeholders, in particular our generous
donors and benefactors and staff for their support and faith in Muntada Aid's commitment and ability to
deliver relief and development programmes where needed most.
36

Governance code:
The Charity Governance Code sets out the principles and recommended practice for good
governance within the sertor. The charity is reviewing its current governance arrangements
against the principles within the code annually and address any issues raised.
Public Benefit:
The Trustees confirm that they abide bythe Charity Commission's general guidance on
public benefit in accordance with the Charities Act 2011 to have due regard to public benefit
in pursuance of the Charitys aim as described above in"PUBLIC STATEMENT,.
Risk and Audit Committee:
The Board of Trustees have established an Internal Audit and Compliance Committee that in-
cludes non-executive experts that oversee risk, finance, and audit from a strategic and gov-
ernance perspertive. The committee aims to conduct periodical audits and random checks
to ensure we always comply with our risk management policy.
The Key Duties of the Committee:
Review the Charitys financial statements before submission to the Board.
Investigate any artivity, its effertiveness within its systems for the integrity of the Charitys
internal financial controls, and assessing the effertiveness of the risk management
framework.
Seek any information that it requires from any employees of the charity.
Oversee the internal control and risk management function within the Charity including
procedures for deterting fraud, monitoring the effertiveness of the systems for the integrity
of the Charity's internal financial controls and assessing the effectiveness of the risk man-
agement framework.
Obtain outside legal or independent professional advice, at the Charity's expense,
if necessary.
The Committee also considers the financial plans and performance of Muntada Aid and the
cost effective and efficient operation of the Charity.
37

Roles of the CEO /General Manager and
Senior Management:
The Trustees delegate the day-to-day running of the charityto the CEO and the Senior Management
Team (SMT). The CEO reports to the chair of the Board on a biweekly basis and the Trustees sit for
formal meetings three times a year. The organisation is made up of structured departments function-
ing as independent units with clear reporting lines. Systems for line management, appraisals, staff de-
velopment and supervision are in place, together with an accountability framework, and grievance
and complaints procedures.
O Trustee induction and recruitment:
To make sure we benefit from a professional, appropriate board, we provide trustees with compre-
hensive induction and on-going training in new or emerging areas or responsibility. New trustees
receive a full overview of our strategic and operational functions, as well as welcome pack which
includes a copy of the Memorandum and Articles of Association, the financial statements, Board
minutes and the Charity Commission guidance The Essential Trustee,.
Trustees are encouraged to identify theirtraining needs. The General Manager (GM) keeps
trustees up to date with changes in regulatory standards and training possibilities. The Board of
Trustees receives regular performance reports, annual financial reports, plans and budgets.
Muntada Aid shall develop and maintain a skills matrix to identify and recruit trustees and in
selerting individuals for appointment as charity trustees, shall have regard to the benefits of
diversity among the trustees and the skills, knowledge and experience needed for the effective
administration of the Charity.
o Key Management
Personnel and Remuneration Policy:
The organisation is made up of structured departments functioning as independent units with clear
reporting lines. Systems for line management, appraisals, staff development and supervision are in
place, together with an accountability framework as well as grievance and complaints procedures.
The Senior Leadership Team (SLT) is considered to be key management personnel and consists of the
CEO / GM, heads of each Departments.
Remuneration for all senior staff is based on annual appraisals carried out bythe CEO / GM or
Chairman and then reviewed by an appropriate committee. The review of pay takes into
consideration roles and responsibilities together with relevant market rates.
{( Pension:
The charity has complied with auto-enrolment legislation. Since 2017 employees has been offered an
employerfs contribution of1 % against a 1 % employee's contribution.
In 2021 the employerfs contributed has raised to 3 % against a 4% employee's contribution.
38

Indlvldual Income Tax Return
21
•0 go lo IP• c￿￿ a
• t*xJ
b¢yn t>rfcn 2. Iwg
ty•. •t¢ Attxh FtyYr4s) w.2
Ac
•Olfw•a VfyxfW•d.:
lotp.
10•
FINANCIA
REPORT
39

INDEPENDENT AUDITOR'S REPORT TO THE
MEMBERS AND TRUSTEES OF MUNTADAAID
We have audited the financial statements of Muntada Aid for the year ended 31 December 2021
which comprise a Statement of Financial Activities, Balance Sheet and related notes. The financial
reporting framework that has been applicable law and United Kingdom Accounting Standards
(United Kingdom Generally Accepted Accounting Practice).
Respective Responsibilities of the
Governors and Auditors
The Governors as Trustees (who are also the dirertors of the charitable company for the pur-
pose of company law) are responsible for preparation of the financial statements and for
being satisfied that they give a true and fairview. Our responsibility is to audit and express
an opinion on the financial statements in accordance with applicable law and International
Standards on Auditing (UK & Ireland). Those standards require us to comply with the Audit-
ing Practices Board's Ethical Standard for Auditors.
Scope of the Audit
An audit involves obtaining evidence about the amount of disclosures in the financial state-
ments sufficient to give reasonable assurance that the financial statements are free from
material misstatement, whether caused by fraud or error. This includes an assessment of:
whether the accounting policies are appropriate to the companls circumstances and have
been consistently applied and adequately disclosed; the reasonableness of significant ac-
counting estimates made bythe Governors; and the overall presentation of the financial
statements.
Opinion on the Financial Statements
In our opinion the financial statements:
give a true and fairview of the state of the companls profit or loss for the year ended
31 December 2021;
have been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Practice; and
have been prepared in accordance with the requirements of the Companies Art 2006 and
the Charities Act 2011.

Opinion on other matters prescribed by the
Companies Act 2006
In our opinion the information given in the Trustees Report for the financial year for which
the financial statements are prepared is consistent with the financial statements.
Matters on which we are required to
report by exception
We have nothing to report in respect of the following matters where the Companies Act 2006
requires us to report to you if, in our opinion:
Adequate accounting records have not been kept; or
• Certain disclosures of trustees, remuneration specified by law are not made; or
• We have not received all the information and explanations we require for audit; or
• The Trustees were not entitled to prepare the financial statements in accordance with the
Small Companies regime and take advantage of the Small Companies Exemption in pre
paring the Report of the Trustees.
On behalf of KWSR & Co.:
Susan Rahman. Bsc FCA (Senior StatutoryAuditor)
KWSR & Co. Chartered Accountants & Registered Auditors
136 Merton High Street,
London SW19 1 BA
22nd September 2022
41

MUNTADAAID
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2021
Notes
Unrestricted
Funds
Restricted Endowment
Funds
Funds
Total
2021
Total
2020
INCOME FROM
Donations and legacies
323,279
1,035,646
1,358,925
1,448,722
Job Retention Scheme Grant
70,471
70,471
65,210
Total income
393.750
1.035.646
1.429.396
1.513.932
EXPENDITURE ON
Raising funds
Property management costs
41,537
152,379
193,916
191,627
24,150
Expenditure on charitable activities
Emergency Relief
Education
9,809
32,039
147,623
244,392
18,210
242,817
173,728
239,211
254,201
50,249
390,440
173,728
239,211
421,493
73,232
228,769
65,894
387,051
Healthcare
WASH
Religious Dues
Total Charitable expenditure
189.471
918.358
1,107.829
1.176.439
Total expenditure
231.008
1.070.737
1.301.745
1.392.216
Net income / (expenditure) and net
movement in the funds for the year
162,742
(35,091)
127,651
121,716
Net Movement in funds
162.742
(35.091)
127.651
121.716
Reconciliation of funds
Funds balances brought forward
(136,686)
369,751
2,010,826
2,243,891
2,122,175
Funds balances carried forward
26.056
334.660
2.010.826
2.371.542
2.243.891
Hisham Bella
Trustee & Treasurer
42

MUNTADA AID
BALANCE SHEET
FOR THE YEAR ENDED 31 DECEMBER 2021
Notes
Total
2021
Total
2020
FIXED ASSETS
Tangible assets
3,125,143
3,128,188
3,125,143
3,128,188
CURRENT ASSETS
Debtors
107,293
206,472
24,340
163,877
Cash at bank and in hand
313.765
188.217
Creditors: falling due within one year
(52,720)
(57,868)
Net current assets
261.045
130.349
Total assets less current liabilities
Creditors: falling due after more than 1 year
3,386,188
3,258,537
(1,014,646)
(1,014,646)
Net assets
2.371.542
2.243.891
THE FUNDS OF THE CHARITY:
Unrestricted income funds
General funds
Designated funds
Restricted income funds
Endowment funds
19,033
7,023
334,660
2,010,826
(146,754)
10,068
369,751
2,010,826
Total charity funds
11
2.371.542
2.243.891
Hisham Bella
Trustee & Treasurer
43

MUNTADAAID
CONSOLIDATED STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2021
2021
2020
CASH FLOW STATEMENT
Net cash inflow from operating activities
Payments to acquire tangible fixed assets
45,061
(2,466)
72,890
(7,399)
Increase in cash in the year
42.595
65.491
NOTE TO THE CASH FLOW STATEMENT
Reconciliation of chan
in net funds to net cas
operating activities
es in movement
inflow from
Movement in net funds
Add: Depreciation
Decrease / (Increase) in debtors
Increase / (Decrease) in creditors
127,651
5,511
(82,953)
(5,148)
121,716
6,384
(24,126)
(31,084)
Net cash inflow / (outflow) from operating activities
45.061
72.890
Analysis of change in net funds
Opening
balance
01 January
2021
Closing
balance
31 December
2021
Cash Flow
Movement
Cash at bank and in hand
163.877
42.595
206.472
Hisham Bella
44

MUNTADA AID
NOTES TO THE FINANCIAL STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2021
(I) SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
(a) General information and basis of preparation
Muntada Aid is a registered charitable company limited by guarantee in England & Wales.
In the event of the charity being wound up, the liability in respect of the guarantee is lim-
ited to £ 1 per member of the charity. The address of the registered office is given in the
charity information on page 4 of these financial statements. The nature of the charity's
operations and principal activities are development of education, child development, de-
velopment of healthcare & wellbeing, development of water &sanitisation, and hygiene
facilities, economic empowerment and emergency response.
The charity constitutes a public benefit entity as defined by FRS102.The financial state-
ments have been prepared in accordance with Accounting and Reporting by charities:
Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland issued in October 2019, the Financial Reporting Standard applicable in the in the
United Kingdom and Republic of Ireland (FRS 102),the Charities Act 2011, the Companies
Act 2006 and UK Generally Accepted Accounting Practice.
The financial statements are prepared on a going concern basis under the historical cost
convention, modified to include certain items at fair value. The financial statements are
presented in sterling which is the functional currency of the charity .The significant ac-
counting policies applied in the preparation of these financial statements are set out
below. These policies have been consistently applied to all years presented unless other-
wise stated.
(b) Funds
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 pur-
poses.
Designated funds comprise unrestricted funds that have been set aside by the trustees
for particular purposes. The aim and use of each designated fund is set out in the notes
to the financial statements
Restricted funds are funds which are to be used in accordance with specific restrictions
imposed by donors or which have been raised by the charity for particular purposes. The
cost of raising and administering such funds are charged against the specific fund. The
aim and use of each restricted fund is set out in the notes to the financial statements. En-
dowment funds represents those assets which must be held permanently by the charity.
Income arising on the endowments funds can be used in accordance with the objectives
of the charity and is included as unrestricted income. Any capital gains or losses arising
on the investments form part of the fund. Investment management charges and legal
advice relating to the fund are charged against fund.
45

MUNTADA AID
NOTES TO THE FINANCIAL STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2021
(c) Income recognition
All incoming resources are 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 re-
ceived.
For donations to be recognised the charity will have been notified of the amounts and
the settlement date in writing. If there are conditions attached to the donation and this
requires a level of performance before entitlement can be obtained then income is de-
ferred until those conditions are fully met or the fulfilment of those conditions is within
the control of the charity and it is probable that they will be fulfilled.
Donated facilities and donated professional services are recognised in income at their
fair value when their economic benefit is probable, it can be measured reliably and the
charity has control over the item. Fair value is determined on the basis of the value of the
gift to the charity. For example, the amount the charity would be willing to pay in the
open market for such facilities and services. A corresponding amount is recognised in ex-
penditure.
No amount is included in the financial statements for volunteer time in line with the
SORP. Further detail is given in the Trustees, Annual Report.
Where practicable, gifts in kind donated for distribution to the beneficiaries of the charity
are included in stock and donations in the financial statements upon receipt. If it is im-
practicable to assess the fair value at receipt or if the costs to undertake such a valuation
outweigh any benefits, then the fair value is recognised as a component of donations
when it is distributed and an equivalent amount recognised as charitable expenditure.
Fixed asset gifts in kind are recognised when receivable and are included at fair value.
They are not deferred over the life of the asset.
For legacies, entitlement is the earlier of the charity being notified of an impending distri-
bution or the legacy being received. At this point income is recognised. On occasion lega-
cies will be notified to the charity however it is not possible to measure the amount ex-
pected to be distributed .On these occasions, the legacy is treated as a contingent asset
and disclosed.
Income from trading activities includes income earned from fundraising events and trad-
ing activities to raise funds for the charity.
46

MUNTADA AID
NOTES TO THE FINANCIAL STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2021
(c) Income recognition
Income is received in exchange for supplying goods and services in order to raise funds
and is recognised when entitlement has Occurred.
Income from government and other grants are recognised at fair value when the charity
has entitlement after any performance conditions have been met, it is probable that the
income will be received and the amount can be measured reliably. If entitlement is not
met then these amounts are deferred.
Investment income is earned through holding assets for investment purposes such as
shares and property. It includes dividends,interest and rent. Where it is not practicable
to identify investment management costs incurred within a scheme with reasonable ac-
curacy the investment income is reported net of these costs. It is included when the
amount can be measured reliably.
interest income is recognised using the effective interest method and dividend and rent
income is recognised as the charitys right to receive payment is established.
Other income includes the conversion of endowment funds into income which arises
when capital funds are released to an income fund from expendable endowments or
when a charity has authority to adopt a total return approach to its permanent endow-
ment fund. It also includes other income such as gains on disposals of tangible fixed
assets.
(d) Expenditure recognition
All expenditure is accounted for on an accruals basis and has been classified under head-
ings that aggregate all costs related to the category. Expenditure is recognised where
there is a legal or constructive obligation to make payments to third parties, it is probable
that t the settlement will be required and the amount of the obligation can be measured
reliably. It is categorised under the following headings:
* Cost of raising funds includes Printing, Mailing, Digital Marketing, Advertising, Sponsor-
ship and merchandise, Treks and challenges
*Expenditure on charitable activities includes economic empowerment, emergency
relief, education, healthcare, wash and religious Due
*Other expenditure represents those items not falling into the categories above.
47

MUNTADA AID
NOTES TO THE FINANCIAL STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2021
(d) Expenditure recognition
Irrecoverable VAT is charged as an expense against the activity for which expenditure
arose.
Grants payable to third parties are within the charitable objectives. Where unconditional
grants are offered, this is accrued as soon as the recipient is notified of the grant, as this
gives rise to a reasonable expectation that the recipient will receive the grants. Where
grants are conditional relating to performance then the grant is only accrued when any
unfulfilled conditions are outside of the control of the charity.
(e) Support cost allocation
Support costs are those that assist the work of the charity but do not directly represent
charitable activities and include office costs,
governance costs, administrative payroll costs. They are incurred directly in support of
expenditure on the objects of the charity and include project management carried out at
Headquarters. Where support costs cannot be directly attributed to particular headings
they have been allocated to cost of raising funds and expenditure on charitable activities
on a basis consistent with use of the resources overheads have been allocated on the
basis of full cost recovery method based on expenditure proportion of each project and
fundraising cost.
Fund-raising costs are those incurred in seeking voluntary contributions and do not in-
clude the costs of disseminating information in in support of the charitable activities.
The analysis of these costs is included in notes (4, 5, 6,14,15 & 16)
(n Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated
depreciation and accumulated impairment losses. Cost includes costs directly attributa-
ble to making the asset capable of operating as intended.
Depreciation is provided on all tangible fixed assets, at rates calculated to write off the
cost, less estimated residual value, of each asset on a systematic basis over its expected
useful life as follows:
IT equipment 25 % Straight line basis. The method has been changed from this year. ( Last
year 25 % reducing balance basis ) .
48

MUNTADA AID
NOTES TO THE FINANCIAL STATEMENT
FOR THE YEAR ENDED 31 DECEMBER 2021
(g) Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one
year are recorded at transaction price. Any losses arising from impairment are recog-
nised in expenditure.
(h) Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transac-
tion costs. Subsequently, they are measured "at amortised cost using the effective inter-
est rate method, less impairment. If an arrangement constitutes a finance transaction it
is measured at present value.
( l ) Provisions
Provisions are recognised when the charity has an obligation at the balance sheet date as
a result of a past event, it is probable that an outflow of economic benefits will be re-
quired in settlement and the amount can be reliably estimated.
49

MUNTADA AID
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
Donations and legacies
2021
Unrestricted
2021
Restricted
Total
2021
2020
Unrestricted
2020
Restricted
Tota I
2020
Received in UK
302,649
968,210
1,270,859
381,551
842,588
1,224,139
302.649
968.210
1.270.859
381.551
842.588
1.224.139
Gift Aid - tax claim
20,630
67,436
88.066
28,237
71,456
99,693
Gift in Kind
190,100
190,100
323.279
1.035.646
1.358.925
409.788
1.104.144
1.513.932
50

MUNTADA AID
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
Expenditure On
Direct
Costs
Human
Resources
Support
Costs
Total
2021 Costs
Tota I
2020 Costs
Raising Funds
Property management costs
88,528
89,251
16,137
193.916
191,627
24,150
Charitable activities
Emergency Relief
Education
172,918
49,763
31,520
254.201
421,495
34,181
9,837
6,231
50.249
73,232
Healthcare
265,594
76,434
48,413
390.441
228,768
WASH
118,177
34,009
21,541
173.727
65,894
Religious Dues
162,721
46,827
29,663
239.211
387,050
Total Charitable activities
753.591
216.870
137.368
1.107.829
1.176.439
Total resources expended
842.119
306.121
153.505
1.301.745
1.392.216
Support costs
Office
Costs
Finance
& IT Costs
Governance
Costs
Total
2021
Tota I
2020
Raising Funds
12,967
1,345
1,825
16.137
12,779
Charitable activities
Emergency Relief
Education
25,327
2,628
3.565
31,520
40,576
5,006
520
705
6,231
7,050
Healthcare
38,901
4,037
5,475
48,413
22,023
WASH
17,309
1,796
2,436
21,541
6,343
Religious Dues
23,835
2,473
3,355
29,663
37,261
Total Support costs
123.345
12.799
17.361
153.505
126.032
51

MUNTADA AID
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
5 Governance Costs
2021
2020
Audit Fees
5,000
6,626
5,511
224
5,000
9,887
6,384
Legal And Professional Fees
Depreciation
Trustee's Meeting & Expense
Total Charitable activities
17.361
21.271
6 Staff cost and number of employees
2021
2020
The average monthly numbers of
employees in the UK during the year were:
Permanent
Part time
Employment costs
2021
2020
Gross Pay
Employer's national insurance
Employer's pension costs
277,253
312,295
23,246
4,707
29,445
5,468
305.206
347.208
No employee earned more than £60,000 during theyear (2020.. None).
52

MUNTADA AID
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
7 TANGIBLE FIXED ASSETS
Freehold
Property
IT
Equipment
Charity
Total
Cost
At 01 January 2021
Additions
3,118,120
25,531
2,466
3,143,651
2,466
Disposals
As at 31 December 2021
3.118.120
27.997
3.146.117
Depreciation
At 01 January 2021
Charge for the year
Disposals
As at 31 December 2021
15,463
5,511
15,463
5,511
20.974
20.974
Net book values
As at 31 December 2021
3.118.120
7.023
3.125.143
As at 31 December 2020
3.118.120
10.068
3.128.188
DEBTORS AND PREPAYMENTS
2021
2020
Trade Debtors
93,793
13,500
10,626
13,714
Other Debtors
107.293
24.340
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021
2020
Trade Creditors
44,250
7 ,400
1 ,070
49,398
7,400
1,070
Taxation and Social Security
NEST (Pension Provider)
52.720
57.868
10 CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN 1 YEAR
2021
2020
Loan for propety purchase
1,014,646
1,014,646
1,014,646
1.014.646
53

MUNTADA AID
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
11 RESTRICTED FUNDS AND
UNRESTRICTED FUNDS
Asat
01 Jan 2021
Incoming
Resources
Resources
Expended
Transfers
Asat
31 Dec 2021
Restricted funds
Emergency Relief
Education
Healthcare
88,849
51,928
161,922
67,052
259,329
30,690
481,877
103,139
160,611
(281,887)
(22,898)
(316,422)
(189,482)
(260,048)
(11,508)
(7,792)
(99,428)
19,291
99,437
54.783
51.928
227.949
WASH
Religious Dues
Total Restricted funds
369.751
1.035.646
(1.070.737)
334.660
Endowment fund
2.010.826
2.010.826
Unrestricted funds
Programme funds
General fund
Designated funds (fixed assets)
56,463
(203,217)
10,068
184,044
209,706
(209,741)
(21,267)
(30,766)
33,811
(3,045)
19.033
7.023
Total Unrestricted funds
(136.686)
393.750
(231.008)
26.056
Total funds
2.243.891
1.429.396
(1.301.745)
2.371.542
12 NET ASSETS BY FUNDS
Unrestricted
Restricted
Total
Tangible fixed assets
Net current assets
7,023
19,033
3,118,120
(772,634)
3.125.143
(753,601)
26.056
2.345.486
2.371.542
13 ANALYSIS OF CHANGE IN NET FUNDS
Opening
balance
1 Januar
202
Closing
balance
31 December
2021
Cash flow
movement
Cash at bank and in hand
163,877
42,595
206.472
54

MUNTADA AID
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
14 Auditor's remuneration
Total
2021
Total
2020
Fees payable to the charity's auditor for the audit of the charity's annual account
5,000
5,000
5.000
5,000
15 Trustees, and key management personnel remuneration and expenses
Total
2021
Total
2020
The trustees neither received nor waived any remuneration during the year
The total amount of employee benefit received by key management personel
Number of trustees are accruing pension arrangements during the year
The trustees did not have any epenses reimbursed during the year
Nil
16 Interest payable and similar expenses
Total
2021
Total
2020
Interest on bank loans and overdrafts during the year
17 Related party transactions
2021
2020
Related party transactions during the year
55

The Trustees Declare that they have read, understood and approved the report.
Signed on behalf of the trustees..
Hisham Bella
Treasurer
The Board of Trustees
@ALL RIGHTS RESERVED 2022.
MUNTADAAID, FIRST FLOOR, LMC BUSINESS WING, 38- 44 WHITECHAPEL ROAD, E1 1JX
REG CHARITY NO: 1157117 EMAIL: INFO@MUNTADAAID.ORG
56