REPORT OFTHE TRUSTEES
AND FINANCIALSTATEMENTS
For The Year Ended 31 December 2024

AL BASAR
INTERNATIONAL
CONTENTS OF THE
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31
Report's Index
Page
REPORT OF THE TRUSTEES
3-12
REPORT OF THE INDEPENDENT AUDITORS
13-15
STATEMENT OF FINANCIAL ACTIVITIES
16
BALANCE SHEET
17
CASH FLOW STATEMENT
18
NOTES TO THE CASH FLOW STATEMEKr
19
NOTES TO THE FINANCIAL STATEMENTS
20-31

AL BASAR
INTERNATIONAL
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31
DECEMBER 2024
The trustÈÈg who are also diretiors of ihÈ charity for the purposeg of the Companies Act 2CM)6, pre#ent thelr rÈporl wilh thÈ
f inancial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of
Accouniing ano Reporiing Dy cnariiies: siaiemeni of Recommenoea Praciice aPPlicaDie io cnariiies preparing iheir
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republlc of Ireland IFRS 1021
(effective 1 January 20191.
OBJECTIVES AND ACTIVITIES
Objectives and aims
Al Basar International Foundation's purpose is lo:
-Preserve and protect the health ol patients of eye diseases by providin9 and assisting in the provision of facilities,
support services and equipment.
-Advance the education of the public in health care by the provision of lectures, foiums and by the publication of
newsletters devoted to healthcare.
Our Vlslon - We are creating a world Iree frixn preventable blindness. and where people have access to affordable and
sustainable eye care services.
Our Mission - In partnership with local organisations. we strive to eliminate preventable blindness ty delivering treatment
and establishing sustainable eye care infrastructure. We empower local teams to lead efforts in saving sight within thelr
own comrnunities.
Strat•glc obl•¢ilves- Advanclng Lo¢•llsailon
Continue implementing the localisation strategy Iseparaling branches from Ihe UK office and granting them full
autonomyl initiated in 2023. Strengthen local capacity. refine implementation frameworks. arKI ensure compliance with
local regulaiions while aligning with iniernational best practices. This objective aim5 to empower communities, Improve
servlce delivery. and sustaln high standards of eye care.

AL BASAR
INTERNATIONAL
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31
DECEMBER 2024
OBJECTIVES AND ACTIVITIES
Significant activities
Eye Hospltals
Al Basar is committed to eradicating preventable blindness by establishing specialized eye hospitals In underprivileged
regions in developing countries. We operate 29 hospitals across Africa and Asia. providing essenlial eye care services 10
patients including treatmenl of cataracts and glaucoma, prescriplion glasses. and treatmenls for other eye condilions. In
2024, our global eye hospitals served 1.37 million individuals and conducted 124,787 eye surgeries restoring eyesight.
Due lo instability In the reglon some of our hospitals in Sudan were closed. Our lacilities continue lo enhance the quality
of life fof thousands of indiviouals by delivering critical eye care services. However, over 1 billion people worldwide still
face barriers such as lack of awareness, stigma, political instability, and conflict. Al 8asar remains dedicated to
overcomlng these challenges and reaching those in the m05t remote afeas.
Outreach Programm•s
Cataract5
clouding of Ihe eyes lens
are the leading cause of bllndness globally. If left unirealed, they can severely
Impair vision, especially in communilies with limiled healthcare access. Al Basar's outreach leams Iravel lo remote and
underserved regions in developing countries to provide essential eye care services directly to those who need thern most..
Al 8asar outreach programmes deploy specialized medl¢al teams to remote areas In developing countries to provlde
critical rnedical care. Our inltiative is dedicated lo serving underser¥ed populalions to significantly reduce the global
Incldence of preveniable bllnoness.
In 2024, we condueted 188 outreaeh programmes. screening 749.600 individuals. performing around 75.300 surgeries.
and distributing 186.400 pairs of glasses. In December. we conducted a specialized programs in Yemen. focusing on a
viide range of eye treatmenis. These included retinal, glaucoma, orbital, and squint surgeries. The programs served a tolal
of 1590 patients.
Tralnlng and Development
Al Basar operates five structured training Pfogrammes. each led by experienced medical experts from renowned academic
institutions. Our training centres in Niger and Pakistan Pfovide comprehensive education for aspiring ophthalmologists,
ophthalmic technicians. oplometrists, and nurse5
equipping them with the skills needed to address critical shortages in
their home countries.
In 2024, 82 students graduated from our programmes. Includlng 19 in Niger and 52 in Pakistan. alongside 11 postgraduate
trainees in Pakistan. These achievements mark a significant step toward improving access to skilled eye care professionals
acro55 Ihe region. Their 5ucce55 underscore5 Ihe vital role of locol training in 5tren9thening heallhcare syslems and
reducing preventable blindness.
School eye-screenlng programmes
Our sch¢x)I screening initiatives continue to combats childhood vision impaimient by offering free eye tests and distributing
corrective glasses to children. In 2024. these programmes expanded their reach, screening more than 43,000 students
across 66 schools in Bangladesh and Nigeria. In Bangladesh alcfft. over 30.000 childfen in 52 schools were screened.
while in Nigeria. nearly 14,000 students in 14 schools benefited.
According to a UCLA study published In 2022. "approximately 80% of classroom leamlng is visual." Provlding children
with clear vision is essential to
their academic success and overall well-being. By correcting vi%on problems, we empower children to fulty participate in
their educatlon, social activilies. and physical development boosting confidence and helping close educational gaps.

AL BASAR
INTERNATIONAL
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31
DECEMBER 2024
OBJECTIVES AND ACTIVITIES
Strategic Partnerships
Klng Salman Humanh¥lan Ald arbd Rellef Centr•
The King Salman Humanitarian Aid and Relief Centre remained our leading partner in 2024, supporting 66.3% of all
outreach activilies. This enduring parlner5hip continue5 to strengthen our effort5 in Yemen and beyond. expanding access
to quality eye care and reaffifming our shared commitmeni to restoring sight and hope.
Direci Ald
Direct Aid conlributed 13.5% of total outreach programmes in 2024. Their support has been pivotal in enabling life-
changing Surger￿$. treatments. and preventive eye ca￿. particularly across Africa. where access lo medical services
remains limited.
Muslim World L•4u•
Through our collaboration with the Muslim Workl League, 1.6X of outreach programmes were delivered, advancin9 our
shared vislon of C¢)mprehenslve and accesslble eye care.
Al Basar USA
Al Basar USA accounted lor 1.0% of outreach activities, continuing to ext￿￿ our global impact through joint initiatives
and support for eye health in unoerserved communilies.
Qatar Red Crescent
Our parlnership with Ihe Qatar Red Crescent represented 0.5% of total outreach. reinforcing our shareo mission to provide
humanitarian medical care and alleviate vision impaiment.
Muntada Ald
Munta¢Ja Aid contributed 0.5% of outreach programmes, suppcrting Al Basarfs ongoing efforts to bring signt-restoring
care to those in greatest need.
Memberships
Int•rn•tk)nal Ag￿¢Y for th• Pr•v•ntlon ol 811ndn￿*
Al Basar Internalional Foundation renewed its valved partnership with the International Agency for the Prevention of
Blindness IIAP81, strengihening our posiiion Wiihin ihe global eye health community. Througn this collaboration, our
teams gain access to IAPB'S extensive digital resources, research. and professional tools
ensuring that we stay aligned
with the latest innovations and international standards of care.
This partnershlp also amplifies Ouf global visibility. Our impact stories and oulreach ach￿vementS will contlnue to be
featured on IAP8's platforms. sharing our progress with a wider audience. Furthermore, participation in IAPB'S
specialiied working group5 f05ter5 knowledge exchange and collaboialion with leading experl5. while Ihe network itself
sefves as a key platform for conneciing with qualified professionals across the secior.
Musllffl Charities Forum
Our continved membership wilh the Muslim Charilies Forum IMCFI has further strengthened Al Basar's engagement
within the UK'S Muslim charitable sector. This parinership coniinues to align with our commitment to inclusivity and
Collaboration, offering access to MCF'S expertise in funding, training, and networking. Through MCF'S platform, we are
also able to promoie opportunities io a diverse audience and enhance the Professional skills of our ieam through regular
workshops and events.
In 2024, our parliclpation in the MCF Conventlon provided an Invaluable opportunily to connect with Ilke-minded
charities and share experiences from our global eye care programmes. These exchanges opened paihways for collaboration
and stren9thened our colleclive capacity to address preventable blindness within the broader humanitarian landscape. The
Everbl a15tJ expanded gur profe55itJnal rbetwoik. allowing U5 lo engage with key 5Lakeholder5 polenlial parlner5. and
furthèr el@vating Al Basarfs pr￿enCe in th@ UK charity ￿ttsr_

AL BASAR
INTERNATIONAL
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31
DECEMBER 2024
Fundraislng ftegulalor (UK)
Al Basar Inlernalional Foundation is a registered member of ihe Fundraising Regulalor UK, demonstrating our
commitment to transparency, accountability. and ethical fundraising practices. This membership ensures Ihat all our
fundraisii)g aclivities aijhere to the Cooe of FunOraisii)g Practice, ieinfoicing public Irusl and confideiice in the integrlly of
our v￿rk.

AL BASAR
INTERNATIONAL
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31
DECEMBER 2024
OBJECTIVES AND ACTIVITIES
Publlc benefll
The Strategic report refers to the work undertaken to further public benefit.
The irusiees confirm ihar they have complied with the requirements of section 17 of the Charities Act 2011 to have due
regard to the public benefit guidance published by the Charity Commission for England and Wales.
Grantmaklng
The board of irustees approves the decision lo fund specific proiecls following a recornmendation by the senior
managemenl, and selection criteria that include:
The size andlor priority of the largeted eye health problem
The potential impact on preyeniable blindness
Strategic alignmenl
Value for money
The f undability of the project
The Foundation shall maintain a balanced portfolio of programme activities. with all projects falling within its approved
project framework. Fund transfers to Al 8asar Intemational Foundation are executed on the basis of verified or forecasted
proiect expendltures.
During the year, the Dubai olfice disbursed grants to the Nigeria office and other internalional operalions. Proposals and
budgets were submitted to the Dubai office for review and assessment, arKI upon ManagemeTIt'5 approval, grants were
released in accordance wilh the approved allocalions.
Volunteers
Only the charity truslees are volunteers. The CEO also works as a volunteer.
The Trustees are volunteers, chosen because they have the dlverse range of skills. knowledge and experience that we need
to respond to the challenges of today. The Trustees, who served throughout the perioo up to the date of this report,
currently meet at least every 6 months face-to-face and on an ad-hoc basis by telephone in the intervening time,- minutes
of meetings are taken. When new Trusiees are appointed, they undergo an orientation io brief them on.. Iheir legal
obligations under cttarity and company law, Ihe Charity Commission guidance on public benef it, the conieni of the
Memorandum and Articles of Association. the committee and decision-making processes, the business plan and recent
financial performance of the Charity.
The Trustees of the UK Charity currently entrust Dr Fareed Mohammad Al Yagout to oversee ttte financial operations ol
the Charity. Dr Al Yagout is not remunerated for these services. The Key Management Personnel of the Charity are
deemed to be the Trusiees. None of our Trusiees receive remuneration or Oiher benefit from iheir work with the Charily.
STRATEGIC REPORT
Achievements and performance
Fundraising activiti•%
The charity did not raise any funds from directly from publi¢ through any public fundraising activities. No professional
fundraisers are used. The charity raises Fts funds from institutions and frorn subsidized fees by palients attending hoskThtal
for trealments.
No donor complalnts were recorded
Our recent parlnership with the Fundraising Regulatof ensures that Al Basar adheres to ethical and transparent fundraising
pracilces. As a rnemtser, Al Basar cornmlls 10 the Co¢Je of Fundralslng Pracilce. Upnololng hlgh accouniaL)Illiy standaras
to our donors. and strenolhenino our integrity and repulation as a UK charity.

AL BASAR
INTERNATIONAL
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31
DECEMBER 2024
STRATEGIC REPORT
Financial review
Financial position
The Charily had income in the year of £18.5m12023 £18.Oml and after spending £18.6m12023 £18.2ml, the charity made
a net deficit of £0.04m12023 £0.2ml. The charity'5 carry forward funds are £7.8m12023 £7.8ml.
Reserves policy
The reserves policy of Al Basar Intemaiional Foundatim. last reviewed arKI updated in August 2023, remained unchanged
throughout 2024. The trustees continue to maintain a ￿SerVe level equivalent io three monihs of operating costs. serving
as a Coniingency against sudden reductions ift Sncfft io safeguard the organisatlon's fUt￿e opeTaiiofts.
These reserves also provide essentlal cash flow for grants and Coniracts pald in arreafs and include desl9nated funds for
Planned commitments not covered by anticipated income. The reserves are comprised of:
Funds to rneet the organisation's responsibilities as an employer, ensuring sufficlent provisl¢)n for notice and Tedundèncy
cost5 in the evenl of closure.
A general-purpose reserve fund.
The charfiy has consolldaied carry forward funds of £7.75rn. It is £5.73m restricted funds and £2.02m unrestricted funds.
The trustees ¢onsldered the level of reserves being adequate for the immediate and shorl temi needs of the eharity
Golrbg conc•rn
The Trustees have assessed the ability of the Charity to continue it's activities and they are confident that the Charity has
suff icienl resources lo continue operating for a I leasl 12 monlhs from the Oate of Ihis reporl.

AL BASAR
INTERNATIONAL
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31
DECEMBER 2024
STRATEGIC REPORT
Principal risks and uncertainties
The Board of TTUStees of Al Basar International Foundation Is cornmitted to mainiaining a strong risk management
framework to ensure the organisation is able to manage risk appropriately. Thi5 will be Ihrough maximising polenlial
opportunitie5 whi15t rrtinirnisin9 Ihe adverse effects of risk by having appropriate $y5tem5 and controls in place for
reporting and aclion.
Saleguardlng
Ai Al Basar International Foundailon. we remain steadfast in our commitment to protectlng people from harm. providing
safe and effective care, and ensuring all our staff. contractors. and volunteers adhere to a strict code of conduct. In 2024,
we advanced our efforls by collaborating with our programme implementation teams and partners to enhance our
safeguar¢Jing policies ana procedures revised in 2023, coniinuing 10 review and moniior our sysiems to ensure ihey remain
effective, consistent, and aligned with best practice standards.
Rlsk Management
The Trustees have a duty lo identify and review the risks to which the Charity is exposed and to ensure appropriate
conlrols are in place lo provide reasonable assurance against fraud and error. The Truslees will establish appropriaie
formal methodologies to manage major risks as ihe operations of the Charlty are developed.
The charlty's activities expose it to a number of financial risks including Cfedit fisk. cash flow risk and liquldity risk. The
use of financial derivalives is governed by the charily's FM)licies approved by Ihe board of trustees, which provide Wfitten
principles on the use of f inancial derivatives to manage these risks. The chaf Ity does not use derlvative financial
insiruments for speculative purposes.
Rlsk Management Process
The general risk managemenl process will include the following steps".
l. An annual review of the previous year's risk management report.
2. A risk identilication exercise for the year ahead consisling of an evaluation of identified risks.
3. Recording and monitoring of ri5k5 Using a risk register.
4. Asslgning managemenl arrfl responslbility for risks to appropriate persons.
Risk management torm$ part of Al 8asar Intemattonal Foundation's system of intemal ¢ontrols and 1$ supported by the
policies and procedures of the organisation. covering but not limited to:
IT and Data Protection
-HR
Health 8 Safety
Finance Manual
Governance
Programmes
Fundraising
The risk of falling sh￿t of these slandards is mitigated as far as possible by ensuring thal appropriate policies and working
practices are adopted in each area, department and that staff are adequately experienced and trained to manage this.
Future plan$
In 2025. Ihe trustees will focus on advancing the localisation strategy by finalising the transition of branch management
f rom the UK office to lully autonomous local entitie5. This will include completing legal pro¢e55e5, 51rengthening local
governance structures. and providing targeted capacity-building support to ensure high standards of service delivery.
The Foundation plans io conduci at least 180 outreach programmes in un(Jerserved communities. deliverlng free eye care
to those most in nee(l.

AL BASAR
INTERNATIONAL
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31
DECEMBER 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
During the year to 31 December 2024 the Charity wa5 controlled by its governing document, a deed ol trust, arKI
constituted a limited company. limited by guarantee, as defined by the Compan￿$ act 2006.
The Chafliy was a charliable cornpany governed by the Mernorandum and Arilcles and was Sncorp)rated on 13 September
2013. The Memorandum a*KI Articles were amended by special resolulion on 16 November 2014.
As from 23 May 2025, the charity is controlled by ils governing docurnent, a constitution, In the fomi of the Foundatlon
Charitable Incorporated Organisation ICIOI model, as approved by the Charity Commission.
The CIO was registered on 23 May 2025 wrth the Charity Comrnissh￿ Icharity nurnber. 11607581.
The trustees are the only rnembers of the CIO and are responsible for the overall governance and slralegic direction of the
charity.
Recruftment and appolnlment of new truslees
The constitution requires a minimum of three Trustees and allows for a maximum of eight Trustees. There are four
foundlng Trustees that will fK)Id offbce Indefinitely.
Oryanisational structure
In 2024, our organisaiional Siruciure coniinues to suppori clear accountability and efficient operations. The London office
reports directly to the Global CEO. who in turn reports to the Board of Trusiees. This structure slrengthens leadership
oversight and ensures effeclive communication between the execulive team and Irustees.
Inductlon and tralnlng of rbew trustee*
The founding Trustees have received the necessary Iraining and advice. Any new Trustees will receive a Iraining pack and
a one to one session with a govemance expert on appointment
Flnanclal Rlsk management
The charity's activities expose il to a number of financial risks incI￿ling credil risk, cash flow risk and liquidily risk.
Cash flow rlsk
The charity's activities expose it primarily to the financial nsks of changes in foreign currency exchange rates. its tunos
are raised in foreignlstronger currencies such as USD and Continues to match ihe cash flows from various projecis to
effectively manage the fO￿Ign exchange fluctuation. The charity is not exposed to interest rate risk as it does not have
interest bearing or long term financial assets.
Credli rlsk
The charily's principal financial asseis are bank balances and cash, tfade and other receivables, and investmenis. The
charity's credit risk is primarily attributable to ils trade receivables_ The amounts presented in the balance sheet are net of
allowances for doubtful receivables. An allowance for impairment is made where there is an identitied loss event which.
based on previous experience. is evh1ence of a reduction in the recoverability of the cash flows.
The credit risk on liquid f unds is limited because the counterparties are banks with high credit-ratings assigned by
International credil-rating agencies.
The charity has no significanl concentration of cre(lit risk. witF) exposure spread over a large number of counterparties an
customers.
Llquldlty rlsk
In order to maintain IiquKlity lo ensure that sufficient funds are available for ongoin9 operations and future developments,
the charity relies on lon9 term donation commitment f rom its reputat)le donors ano maintains cash reserves to eliminate
any short term liquidity issues.
Further detalls regardlng1Squidity rlsk can be found in the Staiemeni of accounilng policles in tts flnanclal statements
10

AL BASAR
INTERNATIONAL
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31
DECEMBER 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
08690365 IEngland and Walesl
Registered Charity number
11607S8
Registered office
Building 3
566 Chiswick Road
London
W4 5YA
Trustees
Dr Adel Abdulaziz Al Rushood- Chairrnan
Dr Aamina Qureshi- Trustee
Dr Muhammed Babar Qureshi - Trustee
Dr Fareed Mohammad Al Yagoul - Trustee
Dr Abdulaziz Adel Abdulaziz Al Rushood - Trustee
Dr Abdullah Nasser Alsuwaidan Manager - Trustee
Dr Sikander Ali Arshad - Trustee
Auditors
Shareef
Stalutofy Auditors
4 Highlands Court
Cranmore Avenue
Solihull
West Midlands
B90 4LE
Bankers
Barclays Bank
PLC 54 Lombard
Street London
EC3P 3AH
Solicitors
Lee Bolton Monier -williams LLP
1 The Sanctuary
Wesiminster
London
SW1P 3JT

AL BASAR
INTERNATIONAL
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31
DECEMBER 2024
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustoos Iwho arè also tho diroetor# ol Al Basar Intornational Ftsundation lor the purpogèg of company lawl are
responsible for prepafing ihe Repof t of the Trustees and the financial statements in accordance with applicable law and
Uniled Kingdom Accounting Slandards Iunited Kingdom Generally Accepted Accounting Pfacticel.
Company law requires the trustees to prepare financial statements for each financial year which give a tfue and fair view
of the slate of affairs of ime chariiable group an¢J of ihe incoming resources and applicaiion of resources, including the
income and expenditure, of the charitable group for that period. In preparing those financial slatements, the trustees are
required to
select suitable accounting policies and then apply them consistently:
observe the methods an(J principles in the Charity SORP,.
make judgements and 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 slatemenls.-
prepare the financial statements on the going concern basis uftbess it is inappropriate to presume thal the charitable
group wlll contlnue In buskness.
The trustees are responsible lor keeping proper accounting records which disclose with reasonable accuracy at any time
the financial position of the charitable group and to enable thèm to ensure that the financial stalements comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the charitable group and hence for
taking reasonable steps for the prevention and detection of fraud and other irregulaTitie5.
In so far as the trustees are aware:
there Is no relevant audit information of which the charitable group's auditors are unaware- and
the trustees have taken 311 sieps that Ihey ought to have 13ken to make ihemselves aware of any relevant audit
information and to esiablish Ihat the auditors are aware of that infofmaiion.
AUDITORS
The auditors. Shareef. will be woposed for re-appointment at the forthcornirKJ Annual General Meetin9.
Report of the trustees, incorporating a strategic report. approved by order of the board of trustees. as the company
directors on 23 October 2025 and slgned on the board's behalf by:
Dr Adel Abdulaziz Al Rushood - Chaimian
12

AL BASAR
INTERNATIONAL
REPORT OF THE INDEPENDENT
AUDITORS TO THE MEMBERS OF AL
BASAR INTERNATIONAL FOUNDATION
Oplnlon
We have audiled the tinancial statements ot Al Basar Intemational Foundation (the 'chantable group'i tor tne year
ended 31 December 2024 which comprise the Statement of Financial Activities, the Balance Sheet. the Cash Flow
Statement and notes to the financial statements, including a summary of significant accounting policies. The financial
reporting framework Ihat has been applied in their preparation is applicable law and United Kingdom Accounting
Slandards Iunited Kingdom Generally Accepted Accounting Practicè).
In our oplnSon the Ilnanclal staiements..
give a true and fair view of the state of the charitable group's affairs as at 31 December 2024 and of its incoming
resources and application of resources. including its income and expenditure. for the year then ended,.
have been properly prepared in accordance wilh Uniied Kingdom Generally Accepted Accounting Practice; and
have been prepared in accordance with the requirements of the Companies Act 2006.
Ba81s for oplnlon
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKI l and applicable law.
Our responsibilities under those standards are further described in the Auditors. responsibilities for Ihe audit of the
financial slatement5 section of our reporl. We are independent ol the charitable group in accordance wilh 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 obtaineo Is sufficient and appropriate io provide a basis f(Y our opinion.
Conclusions relating to golng coneern
In auditing the financial 5tatemenls, we have conclude(I Ihal the Iru5tee5' use of ihe going conceffl ba515 of accounting in
the preparation ol the financial stalements is appropriate.
Based on the work we have performed, we have nol ideniified any material uncertaintie5 relating lo event5 or conditions
thal, individually or collectively, may cast significanl doubt on Ihe charitable group's ability to continue as a going
concern for a period of at least twelve months from when the financial statements are auttM)rised for issue.
Our responsibililies and the responsibillties of the tru5tee5 With respect to going concem are described in the relevant
sections of this report.
Other inforniation
The trustees are responsible for the other information. The other information comprises the information included in the
Annual Report. other than the financial statements and our Report of the Independent Auditors thereon.
Our opinion on the financlal statements does not cover the other infomiation and. except to the extent otherwise explicltly
stated in our report, we do not express any form of assurance conclusion thereon.
In connectton with our audit of the financial staiemenis. our responstbility is to read the Oiher Information and. In doing
50, consider whether the other information is materially inconsistenl with the financial slalemenls or our knowledge
obtained in the audit or olherwise appears to be materially misstaled. If we identify such material inconsistencies or
appareni material misstaiements, we are required to determine whether this gives rise to a material misstatement in the
financial stalemenls themselves. If, based on the work we have per formed, we conclude that Ihere is a material
misstatement of this other infomiation. we are required to report that fact. We have nothing to report in this regard.
Oplnions on other matters pru¢rlbed by the Cofflpanles A¢t 2006
In our opinion, based on the work undertaken in the course of the audit-
the information given in the Report of the Truslees lor the financial year for which the finartial statefflents are
prepared is consistent with the financbal statements.. and
the Report of the Trustees has been prepared in accordance with applicable legal requirements.
13

AL BASAR
INTERNATIONAL
REPORT OF THE INDEPENDENT
AUDITORS TO THE MEMBERS OF AL
BASAR INTERNATIONAL FOUNDATION
Matters on which we are required to report by exception
In the light of the knowledge and understanding of ihe charitable group and ils environmenl obtained in the course of
the audil. we have not identified FDaterial rnisstatements in Ihe Report of the Trustees.
We have nothing to report in respect of the following matlers Whe￿ the Companies Act 2006 requires us to report to you
if, in our opinion-
adequate accountin9 records have not been kept or reiurns adequaie for our audit have not been ￿ceived from branches
nol visited by us.. or
the financial slatements are not in agreement with the accounting records and relums: or
certain disclosures of trustees. remuneralion specified by law are nol made-. or
we have not received all the information and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the Staiement of Trustees. Responsibilities. Ihe trustees (who are also the directors of the
charitable group for Ihe purposes of company lawl are responsible for Ihe preparation of the flnancial staiements and
for being saiisfied that they give a true and fair view, and for such internal control as the trustees Oetermine is necessary to
enable the preparation of financial slatements that are free from malerial misslatement. whether due to fraud or error.
In preparing the financial statemenls, Ihe trustees are fesponsible for assessing the charitable group's abilily to conlinue
as a going concern, disclosing. as applicable, malters relaled to going concern and using Ihe going concern basis of
accounling unless the trustees either intend to liquidate the charitable group or lo cease operations, or have no realislic
alternative but to do so.
Our responsibilities for Ihe audit of the financial stalemenls
Our objective5 are 10 obtain reasonable assurance aboul whether the financial statements as a whole are free from material
missiatemenl. whelher due to fraud or error. and to issue a Report of the Independeni Auditors that includes our opinion.
Reasonable assurance is a high level of assurance. bul is nol a guaraniee that an audii conducted in accordance with ISAS
IUKI wlll always detect a material misstalement when it exists. Misstatements can arise from fraud or error and are
considered malerial if, individually or in Ihe aggregate. they could reasonably be expected to influence the economic
decisions of users taken on the tsasis of these financial statements.
The exient to which our procedures are capable of delÈCting irregulafilies. including fraud is dÈiailÈd below,.
Irregularities, including fraud. are insiances of non-compllance 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
exlenl to which our procedures are capable of detecting irregularities. including fwaud is detailed below..
Our assessment focused on key laws and regulations the charity has to comply with and areas of the financial
staternenis we assessed as being more susceptible io rnissiatemenl_ These key laws and regulaiions included but were not
limited lo compliance wilh the Companies Act 2006. United Kingdom Generally Accepted Accounting Practice and
relevant lax legislation.
We are not responsible for preventing iwregularities. Our approach io delect irregularily included. bul was nol limited lo,
the following..
obiaining an understanding of the legal and regulatory framework applicable io ihe charily and how
Ihe Chaflty is complying wilh Ihat framewofk, including a review of legal and professional nominal
codes.,
obtaining and undersianding the Chaflty's policies and procedures and how Ihe Charity has complied - wilh
these. through discussions and walklhrough testing of contfoIs-,
oblaining an understanding of the Charity's risk assessment process. including the risk of fTaud,'
designing our audit procedures lo respond to our risk assessmeni-. and
performing audit work ovef the risk of management override of controls. including testing journal entries and
other adjustments for appwopriateness. evaluaiing Ihe business raiionale of significant transaciion outside ihe
normal course of business and reviewing accounting estimates for bias.
In response lo Ihe risk of irregularities in welation to D￿-ComE￿Iance with lay￿ and regulations. we designed procedures
which included. but were noi limited to..
14

AL BASAR
INTERNATIONAL
REPORT OF THE INDEPENDENT
AUDITORS TO THE MEMBERS OF AL
BASAR INTERNATIONAL FOUNDATION
agreeing financial statement disclosures to underlying supporting documentation:
enquiring of managemeni as to actual and poienlial litigaiion and claims- and
reviewing correspondence with HMRC and associated parties.
Whilst cons4dering how our audil work addressed Ihe detection of irregularities. we also consider the likelihood of
deieciion based on our approach. Irregularities from fraud are inherently more diffKult to deieci than ihose arising from
error.
Because of the inherent limitations of an audit. there is a iisk that we will not detect all irregularities, including those
leading to a material rnisslatement in the financial slatefflents or non-compliance with regulation. This risk increases the
more thal compliance with a law or regulation is removed from the events and Iransactions 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 (Jue to fraud rather than error. as fraud involves intentional
concealmenl. forgery. collusion, omission or misrepreseniation. We are not responsible for preventing non-compliance
and cannot be expected to detect non-compliance with all laws and regulations.
A further description of our responsibilities for the audit of the financial statemenis is located on the Financial Reporting
Council's website at www.frc.org.uklauditorsresponsibiliiie& This description forms part of our Report of the Independent
Auditors.
Use of our report
This report is made solely to the charitable group's rnembers, as a body. in accordance wilh Chapter 3 of Part 16 of the
Companies Aci 2006. Our audit work has been undertaken so ihai we might state io ihe charitable group's members
those mailers we are required 10 Stale io ittem in an auditors, repori and for no Other purpose. To ihe fullesi extent
permitted by law, we do not accept or assume responsibilily to anyone other than the charitable group and the
charitable group's members as a body. forour audit work. for this report. orfor the opinions we have formed.
Naeem Shareef (Senior Statutory
Auditor) for and on behalf of Shareef
Slalutory Auditors
4 Highlands Court
Cranmore Avenue
Solihull
West Midlands
890 4LE
23 October 2025
15

AL BASAR
INTERNATIONAL
STATEMENT OF FINANCIAL
ACTIVITIES FOR THE YEAR
ENDED 31 DECEMBER 2024
2024
Total
fund$
2023
Tolal
funds
Unrestricted Reslricted
fund
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
1,735.499
11.193,981 12.929.480 14.067.906
Other income
Total
EXPENDITLIRE ON
Raising fund$
85.365
65.365
1.167
Charitable a¢llvlties
Chariiable aciivities
Tolal
NET INCOMEI(EXPENDITUREI
Oiher recognised gainsl(losses)
Exchange rate gainslllossesl
785.170
1270.983)
514.187
745.794
movement In funds
229,899
1270,983)
(41,084) 1220,8051
RECONCILIATION OF FUNDS
Toial funds brought lorward
1.792.016
6.002.501
7.794.517
8.015.322
TOTAL FUNDS CARRIED FORWARD 7.7￿431
The noies form pan of tttese financlal statements
16

AL BASAR
INTERNATIONAL
BALANCE SHEET
31 DECEMBER
2024
2024
Total
furbds
2023
Total
fund$
Unrestricted Restricted
fund
fund3
Notes
FIXED ASSETS
Intangible assets
TangibFe assets
12
13
183
4 169 282
183
4 189 282
631
3 784 241
4.169.465
4.169.485
3.784,872
CURRENT ASSErs
Stock5
Debiors
Cash at bank
14
15
370,962
432.249
1.474.490 2.933,903
2 365 367
803,211
4,408,393
2 365 367
943,562
3,853,492
1850 900
1.845.452
5.731.519
7.578.9n
6,647,954
CREDITORS
Amounts falllng due within one year
16 13,993,0031
13,993,003) 12,638,309)
NET CURRENT ASSErs
12 147551)
5 731519
4 009 645
TOTAL ASSETS LESS CURRENT
LIABIUTIES
2.021.914
5.731.519
7.753.433
7.794.517
NET ASSETS
2 021914
5 731519
7753 433
7794 517
FUNDS
Unrestricted funds
Restricted funds
17
2.021,914
5 731519
1.792.016
6 002 501
TOTAL FUNDS
7753 433
7794 517
Inanei
ned on its be
emènts werè approv¢d by the Board of Truste•$ and authorlsed for issue on 23 O¢tober 2025 and wore
If by..
Mr A A Al Rushood - Chairm
Mr F M Alyagcut - Truslee
The notes form part of these financlal statements
17

AL BASAR
INTERNATIONAL
CASH FLOW STATEMENT
FOR THE YEAR ENDED 31
DECEMBER 2024
2024
2023
Notes
Cash flows froffl operating activiti
Cash generated from operations
Net cash provided byllused inl operaling activlties
24
Cash flows Irorn investing activilies
Purchase of iangible fixed assets
Exchange rate movements in Fixed Assets
1841.713)
1347,8741
Nei cash (used In}Iprovlded by investlng activities
27
412
Change In ush and ush equlvalents In lh•
reportln9 perlod
Cash and cash equlvalents at the beglnnlng
of the reportlng period
514.467
11,758.1261
Cash and cash equfvalents at th• end of th•
feporting period
Ttte noies form part of these financlal statements
18

AL BASAR
INTERNATIONAL
NOTES TO THE CASH FLOW
STATEMENT FOR THE YEAR
ENDED 31 DECEMBER 2024
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATINO ACTivmES
2024
2023
Net Incom• for lh• r•wilng p•rlod p•r th• Stat•m•nl of Hnanclal
Actlvliles)
Adjustments for.
Deprecialion charges
Exchange rate105ses
Decreasellincreasel in siocks
Ilncreaselldecrease in debtors
Increa5elldecreasel in creditors
514.187
745,794
196.185
1555.271
140.351
1554.901)
76,829
1966,5991
182.8761
1.626,145
Net cash provldéd byl(used In) operatlons
ANALYSIS OF CHANGES IN NEf FUNDS
At 1.1.24
Cash flow
At 31.12.24
Net cash
Cash at bank
514 467
Total
Ttte notes f¢ym part of tttese finan¢lal statements
19

AL BASAR
INTERNATIONAL
NOTES TO THE FINANCIAL
STATEMENTS FOR THE YEAR
ENDED 31 DECEMBER 2024
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable group, which is a public benefil entity under FRS 102, have been
prepared in accoidance with the Charities SORP IFRS 1021 'Accounling and Reporting by Charities.- Statemenl of
Recommended Practice applicable to charities preparing their accounls in accordance with Ihe Financial Reporting
Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeciive 1 January 20191., Financial Reporting
Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies
Act 2006. The financial statements have been prepared under the historical Cost convention.
Preparation of consolidated financial slatements
The consolidated financial statemenis consolidate the financial statements of the charity and ils subsidiary
undertakings drawn up lo 31 December 2024.
No statemeni of financial activilies is p￿sented for the charity as pemiitted by section 408 of the Companies Act
2006.The charity had a surplus for the financial year of £61.23912023 - deficit of £312,903).
A subsidiary is an entity controlled by the charity. Control is achieved where the charily has the power lo govern
the financial and operating policies of an entity so as to obtain benefils from ils activities.
The results of subsidiaries acquired or disposed of duiing Ihe year are included in the statement of financial
activities from the effective date of acquisition or up to the effective date of disposal. as appropriate. Where
necessary, adjustments are made to the financial statements of subsidiaries to bring their accounting policies into
line wilh those used by the gfOUP.
The purchase method of accounting is used to account for business combinations that result in the acquisition of
subsidiaries by Ihe group. The cost of a business combination is measured as the fair value of the asseis given,
equity instruments issued and liabilities incurred or assumed at the date of exchange. plus Costs directly
attributable to the business combinalion. Idenlifiable assels acquired and liabililies and contingenl liabilities
assumed in a business combination are measured inilially at their fair values al Ihe acquisition dale. Any excess of
the cost of ihe business combination over the acquirer's interesl in the net fair value of ihe identif iable assets,
liabilities and conlingent liabilities recognised is fecoroed as goodwill.
Inter-company transactions, balances and unrealised gains on tfansactions between the charity and its subsidiaries,
which are related parties. are eliminated in full.
Intra-group losses are also eliminaled bui may indicate an impairment thal requires recognition in the consolidated
financial siaiements.
Accounting policies of subsidiaries have been changed where necessary lo ensure consistency with the policies
adopted by the group. Non-controlling interests in the net assets of consolidated subsidiaries are identified
separately from the group's equity Iherein. Non-controlling interests consist of the amount of those intefests at the
dale of the original business combination and the non-controlling shareholder's share of changes in equity since
the date of ihe combination. Total comprehensive income is atlributed to non-controlling interests even if this
resulls in the non-controlling inteTesls having a deficit balance.
Income
All income is recognised in the Staiement of Financial Activities once the charily has eniitlement to the funds. it is
pfobatr￿e that the income will be received and the amount can be rneasured reliably.
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In
the evenl that a donation is subject to conditions Ihal require a level of performance by the charity before Ihe
charily is enlitled to the funds. the income is deferred and not recognised until either Ihose conditions are fully
mel. or Ihe fulfilmeni of ihose conditions is wholly within the control of the charily and it is probable Ihat these
conditions will be fulfilled in Ihe reporting period.
continued...

AL BASAR
INTERNATIONAL
NOTES TO THE FINANCIAL
STATEMENTS FOR THE YEAR
ENDED 31 DECEMBER 2024
continued...
ACCOUNTING POLICIES - continued
Eypendituie
Liabililies are recognised as expenditure as soon as there is a legal or construciive obligation commilling the
charity to that expenditure. it is probable that a transfer of economic benefits will be required in setllement and the
amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been
classified under headings Ihat aggregaie all cosl related 10 the caiegory. Where costs cannot be directly atlributed
lo particular headings they have been allocated to activilies on a basis consistent with the use of resources.
Raising funds
These are costs incurred in altracting voluntary incoffle. the management of investments and those incurred in
trading activities ihai raise funds.
Charitable activities
Charitable expenditure comprises those cosis incurred by the charity in the delivery of it5 acfivities and services
for ils benef iciaries. It include5 both costs that can be allocated direclly lo such activilies and those costs of an
indirect nalure necessary lo support them.
Governance costs
These include Ihe cosls attributable 10 the charily's cornpliance with constitutional and staiutory requirements,
including audil. Strategic managemeni and trustees's meetings and reimbursed expenses
Allocation and apportionmenl of support costs
Supporl costs include central functions and have been allocaied to aciivity cost categoiies on a basis consistent
with Ihe use ol resources. for example. allocating property costs by floor areas. or per capita, staff costs by the
tiffle spent and other COSIS by Iheir usage.
Tangible fixed assets
Depreciation is provided at the following annual rates in ordei to write off each a5sel over its estimaled useful life.
Freehold property
Planl and machinery
Fixtures and filtings
Motor vehicles
2% on cosi
IO% on cost
IO% on cosl
20% on cost
Stocks
Siocks are valued at the lower of cost and net realisable value. after making due allowance for obsolete and slow
moving items.
Taxalion
The charity is exempt frorn corporalion tax on its charitable aclivities.
Fund accounting
Unrestricted ILJnds tan be used in accordance with Ihe charilable 0￿.eCtiveS at the discretion ol the Irusiees.
Reslricted funds can only be used lor particular fesiricted purposes within the objects of the charity. Restrictions
arise when specilied by the donor or when funds are raised for particular restricted purposes.
Further explanalion of the nature and purpose of each fund is included in Ihe notes lo the financial staiements.
Foreign currencies
Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monelary
assets and liabilities denominaled in forewJn currencies at the balance sheet date are reported at the rates of
exchange prevailing at thal date.
continued...
21

AL BASAR
INTERNATIONAL
NOTES TO THE FINANCIAL
STATEMENTS FOR THE YEAR
ENDED 31 DECEMBER 2024
continued...
ACCOUNTING POLICIES-
¢ontlnue(l FoTelgn GurrenGles
The results of overseas operations are translated at the average rates of exchange durlng the period and ihelr
balance 5heet5 at the rales ruling al the balance sheet dale. Exchange difference5 arising on tran51alion of ihe
opening net assets and results of ovefseas operations are reporte(l in other comprehensive Income and accumulated
in equity laltributed to non-controlling interests as appropriatel.
Other exchange differences are recognised in the Statement of Financial Activities in the period in which they
arise except for:
11 exchange differences on transaciTrons eniered inio to hedge certain fOre￿n currency risks Isee aty)ve);
21 exchange differences arising on gains or losses on non-monetary iterns which are reco9nised in other
comprehenslve income: and
31 in the case of the consolidated financial statements, exchange differences on monetary items receivable from or
payable to a foreign operation for which seltlement is neither planned nor likely to occur Itherefore forming part of
the net investment in the foreign operation). which are recognised in other comprehensive income and reported
under equity.
P•nglon Costs and oth•r po*t-retlrement beneffts
The tharily operates a defined coniribution pension scheme which is a pension plan under which fixed
coniributions are paicl into a pension f und and the charity has no legal or consiructive obligation io pay further
contributions even if the fund does not hold sufficienl assets to pay all employees the benefits relating to employee
service in the curTent and Prior periods.
Contributions to defined contribution plans are recognlsed in the Statemenl of Financlal Activities when they are
due. If contribution payménts exceed the contribution due for service. the excess is recognised as a prepayment
Golng eoncern
The trustees consider that there are no material uncerlainties about the charity's ability to continue a5 a going
concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity
DONATIONS AND LEGACIES
2024
2023
t)onations to major appeals
continued.
22

AL BASAR
INTERNATIONAL
NOTES TO THE FINANCIAL
STATEMENTS FOR THE YEAR
ENDED 31 DECEMBER 2024
continued...
OTHER INCOME
2024
2023
Fees and supplies
5.638.323
.3.948.512
RAISING FUNDS
Ralslng don•ilon$ l•y¢k*
2024
2023
Advertising, events and publicaiions
CHARITABLE AcnvmES COSTS
Support
costs (see
note 61
Direct
Costs
Totals
Charitable activities
SUPPORT COSTS
Govemance
costs
Management
Finance
Other
Totals
Charitable activities
Support costs. Included in the above. are as follows:
2024
Chariiable
aclivities
2023
Total
activitle5
Wages
Social security
Pensions
Supporl costs- Admin
Support costs - Finance
Support costs - premises
Support cosis
Auditors, remuneration
2.630.027
111.589
60.204
2.524.335
33,539
484.061
17.798
2.240.378
53,177
103.246
608.476
17,743
526.637
10.048
continued.
23

AL BASAR
INTERNATIONAL
NOTES TO THE FINANCIAL
STATEMENTS FOR THE YEAR
ENDED 31 DECEMBER 2024
continued...
OTHER
2024
2023
Support cosis
5 893 948
NET INCOMEI(EXPENDITURE)
Net incomellexpenoiiure) Is staled after chargingllcreailingl..
2024
2023
Auditors, remuneration
Depreciation owned assets
Other intangible fixed assets amortisati
Exchange raie losses
32.395
196,148
37
44.064
76.544
285
555
TRUSTEES. REMUNERATION AND BENEFITS
There were no Irustees. rernuneration or other bwefits for the year ended 31 Deceml)er 2024 nor for the year ended
31 December 2023.
Tru8tees' 8xp8n8e8
There were no trustees, expenses paid for the year erKled 31 December 2024 nor for the year ended
31 December 2023.
10. STAFF COSTS
2024
2023
Wages and salaries
Social security costs
Other pension costs
2.830.027 2.240.378
111.589
53.177
The toial employee remunefailon of the key management personnel of the group were £121,765.
The average monthly number of employees during the year was as fdlows:
2024
162
2023
162
141
Charilable activities
Admin & Support
No employees received emoluments In excess 01 £60.000.
continued.
24

AL BASAR
INTERNATIONAL
NOTES TO THE FINANCIAL
STATEMENTS FOR THE YEAR
ENDED 31 DECEMBER 2024
continued...
11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted
fur)d
fund5
Total
fund5
INCOME AND ENDOWMENTS FROM
Dor)ations and le9acies
1,720,364
12,347,542 14,067,906
Oiher income
EXPENDITURE ON
Raising funds
1.167
1.167
Charilable activities
Charitable activities
Total
NET INCOMEI(EXPENDITURE)
821,516
1173.9141
175,7221
173.914
745,794
Transfers between fund•
Olher recognlsed
ing111088•81
ainslllossesl on revaluation of fixed assets
Net movement In lunds
1318,9971
98,192
1220.8051
RECONCILIATION OF FUNDS
Total f14nds brought forward
2.111.013
5.904.309
8,015,322
TOTAL FUNDS CARRIED FORWARD
continued.
25

AL BASAR
INTERNATIONAL
NOTES TO THE FINANCIAL
STATEMENTS FOR THE YEAR
ENDED 31 DECEMBER 2024
continued...
12. INTANGIBLE FIXED ASSETS
Other
Iniangible
fixed
assets
COST
At l January 2024
Exchange diffeiences
1,307
J94
At 31 Décember 2024
AMORTISATION
At l January 2024
ChaTge for year
Exchange differences
678
37
At 31 December 2024
NET BOOK VALUE
At 31 December 2024
At 31 December 2023
13. TANGIBLE FIXED ASSETS
Flxtures
and
fittings
Freehold
Plant and
machinery
COST
At l January 2024
Additions
Disposals
Exchange differences
1,125.324
3.623
1,984.901
465.964
567.164
78.393
At 31 December 2024
DEPRECIATION
At 1 January 2024
Charge for year
Eliminaied on disposal
Exchange differences
20.970
714
1.633.789
143,321
518.416
30,906
At 31 Deeernber 2024
NET BOOK VALUE
At 31 December 2024
At 31 Décembèr 2023
continued.
26

AL BASAR
INTERNATIONAL
NOTES TO THE FINANCIAL
STATEMENTS FOR THE YEAR
ENDED 31 DECEMBER 2024
continued...
13. TANGIBLE FIXED ASSETS- contlnued
Capital
Work In
Progress
Motor
vehicles
Totals
COST
At 1 January 2024
Adclitions
Disposals
Exchange differences
158.943
50.487
2.257.319
243.246
6.093,651
841.713
(144)
At 31 December 2024
154112 2
DEPRECIATION
At 1 January 2024
Charge for year
Eliminaied on disposal
Exchange differences
136.235
21.207
1144)
2.309.410
196.148
1144)
856 966)
At 31 December 2024
44
NET BOOK VALUE
At 31 December 2024
-Ua9382
At 310ecember 2023
14. STOCKS
2024
2023
Stocks
Finished goods
490,524
269,349
15.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Group
2024
Charity
2024
Group
2023
Charity
2023
Trade debtors
Other debtors
Prepayments and accrued income
3.874.339
2.059.862
3.685.466
1,262.994
533.619
44,S74
168,026
5,456
TOTAL
4,407,958
2.104,436
3.853,492
1,168,450
continued.
27

AL BASAR
INTERNATIONAL
NOTES TO THE FINANCIAL
STATEMENTS FOR THE YEAR
ENDED 31 DECEMBER 2024
continued...
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
Group
2024
Charity
2023
Group
2023
Charity
Trade creditors
other creditors
Accruals
1.131,188
2.708.451
153,366
427,974
135,555
1.822.299
680,455
4.482
494,966
353,143
3.993,¢x)5
781,117
2,638,309
499,448
17. MOVEMENT IN FUNDS
Net
movement
In furKIs
At
31.12.24
At 1.1.24
Unr•stri¢t•d fund•
General fund
1.792.010
229,898
2,021.914
Re8trict•d funds
Eye Camp
Medical & Surglcal
Optics
Other Projects
2,638,265
224.948
2.863.910
1239,049)
2,399,216
224.948
2.863.910
1 127
TOTAL FUNDS
Net movement in fund5. included in the a￿ve are as follows:
Incoming
resources
Resources
expended
Gains and
losses
Movement
in funds
Unrestricted funds
General fund
7.373.822 (6.588.653)
(555.271)
229.898
Restricted lunds
Eye Camp
Other Projects
11.092.284 (11.331,333)
1239,049
TOTAL FUNDS
continued.
28

AL BASAR
INTERNATIONAL
NOTES TO THE FINANCIAL
STATEMENTS FOR THE YEAR
ENDED 31 DECEMBER 2024
continued..
17. MOVEMENT IN FUNDS- continued
Comp•rativ•• fvr mov•￿1 in fund•
Net
movement
in funds
Transfers
between
funds
At
31.12.23
At 1.1.23
Unre$trkted funds
General fund
2.111.013
1145.0831
1173.9141
1.792,016
R•8trktod funds
Eye Camp
Major Operations
Medical & Surgi&71
optics
Other Projects
2.930,596
1292,3311
(173,9141
224,948
19,983
2.638.265
173.914
224,948
2.863,910
2.843,927
TOTAL FUNDS
Comparallve nel movernenl in funds. Included in the above are as follows..
Incoming
resources
Resources
expended
Galns and
losses
Movement
in funds
Unrestrlcted funds
General fund
1,740,341
1918,825)
1966,5991
1145,0831
Restrictod funds
Eye Camp
Major Operations
Medical & Surgical
Optics
Other Projects
6,692.027 16.984.358)
1,678,331 11,852,245)
5.915,255 15,690,307>
984,959
1964,9761
1292.3311
1173,9141
224,948
19,983
TOTAL FUNDS
continued.
29

AL BASAR
INTERNATIONAL
NOTES TO THE FINANCIAL
STATEMENTS FOR THE YEAR
ENDED 31 DECEMBER 2024
continued...
17. MOVEMENT IN FUNDS- c¢)ntinuod
A curreni yeaf 12 months an(1 pdor yeai 12 months c￿l￿Ened posillon Is as follows:
Net
movement
In funds
Transfers
between
funds
At
31.12.24
At 1.1.23
Unrnstrlcled funds
General fund
2,111.013
84.815
1173,9141
2.021,914
Restrlcted furKI8
Eye Camp
Major Operations
Medical & Surgical
Optics
Other Projects
2,930.596
1531,380)
1173,9141
224,948
19,983
2,399,216
173,914
224.948
2,863,910
2.843.927
346 704
TOTAL FUNDS
A current year 12 months and prior year 12 months combined net movement in funds. included in the atjove are as
follows:
Incoming
resources
Resources
expended
Gains and
losses
Movemenr
in funds
Llnregtrieled fund8
General fund
9.114.163
17.507.478)
11.521.870)
84.815
Restrlcted funds
Eye Camp
Major Operations
Medical & Surgical
Optics
Other Prolects
17.784.311 118,315.6911
1.678.331
11,852,245)
5,915.255
15.690.307)
984,959
1964.9761
1531,3801
1173,9141
224.948
19.983
TOTAL FUNDS
continued.
30

AL BASAR
INTERNATIONAL
NOTES TO THE FINANCIAL
STATEMENTS FOR THE YEAR
ENDED 31 DECEMBER 2024
continued...
18. RELATED PARTY DISCLOSURES
There were no related party transaciions for the year ended 31 t>ecernber 2024.
19. FINANCIAL INSTRUMENTS
2024
2023
Financial assets measured at amortised cosi
Financial liatslities measured at amortised cost
7,576,536
3.993.003
6,647.952
2.628,307
20. SUBSIDIARIES
The following subsldlaries have l)een consolldaied Into Ihe Charity .
Al Basar International Foundation UAE Ilicense No 1500141- Dubai
Al Basar International Foundalion Nigeria (Makkah Specialisl Eye Hospital) - Nigeria
Al Noor Eye Hospital, Makka Eye Hospital, a component of AL - Basar Multipurpose Health Service Pfoject
18angladesh)
Aggregate assets ond liabilities of each subsidiary as al
31 December 2024
Bangladesh
2024
Dubai
2024
Nigeria
2024
Fixed assets
Current assets
Current liabilities
3.277,189
742,643
1320.3151
17,220
2.526,257
11.151.933)
811,OS8
1,168,302
11.000.311)
TOTAL
3.699,517
1.391.544
979.049
Aggregate income arKI sperrfl of each subsidiary during the year .
Income
Expenditure
4.973.894
14,694,177)
1.309.478 3.842.817
11.226.573> 13,591,160)
279,717
82.905
251,657
31