REGISTEREO CHARITY NUMBER AKAAL AID 1164420 REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 WE PROMISE WE DELIVER RR ACCOUNTANTS 64A YARDLEY, GREEN ROAD BIRMINGHAM,B9 5QE Reglstered Charlty Number.. 1164420 AKAAL AIO REPORT & FINANCIAL STATEMENTS FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER2024 CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Page Charlty Informatlon Report of the Trusto08 2-14 In￿pe￿Ilent Examln•rs R•port 15 Staternent of FSnSnclal ActIvI￿a8 16 Balan¢• Sh••t 1T Notes to th8 Financial Statements 1&33 AKAAL AID CHARITY INFORMATION FOR THE YEAR ENDEO 30 SEPTEMBER 2024 Trustaes Mr Surinder Pal S Jhalli Mr Chander Shekhar Guru Mr Sukhdev Singh Règlsttrod ¢harlty numbor 1164420 Prlnclpal and reglstèred offSce 28 Hamslead Road Hockley, Birmingham, B19 1 DB Ac¢ountant$ RR Accounlanis Fir51 Floor, 380 Strafford Road, Spark hill, Birminaham 8114AB Bank HSBC Bank PO Box 68 130 New Stre81 Bimiingham Wttsl Midlands B2 4JU Sollcltors Aspect Law 58 Georoe Si, Birminoham B3 1QA Page 1 OUR YEAR AT GLANCE Save life of 20 critical patients Critical patients receive lifesaving treatment COMMUNITY LANGAR PROGRAMME Madhya Pradesh and Telangana Construction of Gurdwara Langar Hall, Granthi Singh Room & Dome Build Gurdwara facilities and dome Feed to farmer, Medical facility to farmer Support farmers with food, healthcare 2 Borewell Install two clean water borewells 31 Marriages of poor family girls Sponsor thirty poor girls, weddings Employment by 50 Sewing Machines & 40 Welding Machines to Sikhligar Sikhs Provide tools for Sikhligar employment Page 2 AKAAL AID TRUSTEES. REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024 The trustee5 are p1888ed to pre58nt Ih8ir annual report togeth8r with finan￿81 5tat8rnents of th8 ¢harity lor the period gnded lo 30 Septembor 2024 Th8 financial statemènts eomply wth th8 Charitiès Act 2011, tha Companiès Act 2CMJ6, th8 Articles of AssociatKJn and Accounting and R8porting by Ch8rili88.' Ststemenl of Reeomm8nd8d PraetiC8 applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard appli¢able in the UK and Republi¢ of Ireland IFRS 1021. Mlsslon and stratealc oblectlves Akaal Aid Is 8 charity which works mainly In Indla & UK. Ak881 AID rescue of the1118nd people who were unfortunate victims of natural calamilies such 85 floods, earthquakes elc. When any emergency hlls, Akaal AID Is always ther& to support where our 108m responds lo any emergency worklwde instantly. A¢hltv•m•nl$ and P•rforman¢• In 2024. Akaal Aid continued its work of maklng 8 rtal dlffèrance in paople's Ilves. We focused on helplng communllles that n8ed11 most. and h8r8,8 a look al what we accompllshe together Health and W•114)05ng We provided life-88ving medi&ql Ire81menl lo 20 people who wer8 CritiGglly ill. We a180 continued to support fam)ers in rural affjas wlh food anL# the medical caffj Ihey needed. To help wlh water 5hortag8S, W8 SUCC889fully built Nvg w911$ In rgmot8 vIllag￿, provldln cloan wai•r lo hundred$ of poople Cr••tlng Opportunltl•• and Supportln9 Famlll• We believe in helping people bulld better Ilvgs for them$elve$. This year, we gave out 50 strwing maehintss and 40 welding moehinos to thtr SikhlvJar Sikh o%nmunity. This helps people le8m vgluable skills. eam a Iiwnp, and become fin8ncially independent Wo also prouLlly sponsorèd thè woddings 0130 young women from low-income farnllle8. Thi$ helps them honor Ihelr Iradillons wilhoul the stress of heavy costs. Bulldlng 8 Stronger Communlty We beg8n construction on irnport8nl ￿MMunity building$, induding 8 ngw Langar Hall Icommunity kii¢henl. a room for the Granthi Singh (pro￿r leaderl. and g sacred domè for th Gurdwara. The$9 ￿￿11 become central places for worshlp and Care. To brtng splrttual comfort and unity, wa also organized four Akhand Path Sahib ceremonies EveNhing we did In 2024 was a step ioward our long-lemi goals. By hèlping ￿th immediats needs whlle also bulldlng for the fulure. we are making a lasllng Impact. Our mlsslon of seva lseiness servleel insplres every project we tske on Our Voluntsers Thg Charity qrateftjlly accepts help ollts 4 -20 Volunteers who helps the charity on 8 d8ily or events purposes. Akaak Aid relie5 on volunteers both home and abroad and adv81y encourages rnembers of the public to contrfbutè their Imè and wealth to thè lurtheranc8 of its objactives through organ￿￿￿ events. Page 3 AKAAL AID TRUSTEES. REPORT I CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 Financlal revlew The Trustees are pleasgd with thg financial perfomiancg of th8 charity for the period gnded to 30 September 2024. The results of financial slalemenls show a nel deficit of £192.224 in current financial year. Akaal Aid benefited from receiving an increased number ol donations from smaller donors. Consequently, the trustees are pleased with the performance ol fund raising activities. Rfjsorvg$ poll¢y The management has examined the charily s requirements lor reserves in light ol the main risks to the organization and agr8ed current reserve to b8 sufficient lor loreseeable future requirèmants. Plans for future perlods Looking ahead lo 2025. we at Ak881 Ad aro èxcitsd to wnlinuè our WO￿ hèlplng poople In neod Wa wani io tiuild on our su¢ce$s8s from 2024 and mak& an even bigger Impact Better Healthcare fof All We plan lo expand our health $8rvice8 lo help more people who 8re 8erKJusly111 gel lh8 ￿re Ihèy need. whon Ihay naad it. Wo wll also Sai up haalth carnps In rurAI arèas, off•rtng both Immedlale medlcal help gnd guldance for long-lemi ￿lI.being. Cr•atlng Job Opportunltle8 In 2025, we Mll grow our employment support progr8rn8 by dlslribulng 100 m￿0 8ewing machlnes and 50 welding machines. These tools wll help women and skllled workers In under-resourced communi118s gain self-sufflclency throu9h sklll-bullding 8nd me8nlngful Lwrk Cl••n Wat•r •nd communlty Sp•¢•• To continue 8ddressinG water Scarcity, we plan lo in$tsll four new borewell$ In droughl-prone reglons We bwll also complole the Langar Hall and Gurdwara Dom6, luming these sa¢red Siles inlo places of worship. rood distribution, and refuge for all. Supportlno Famlll•s and Falth We aim to SUPPOrt 40 w8ddlngs for glrt5 from low-Incorn8 b8ckground8, ho￿rIng Iradilon5 while easing flnandal prossures on families. More Akhand Palh Sahlb c8remonles ￿11 be org8niz8d to nurture spiritual unity 8nd bring people together Our gool is simple.. we wanl lo go boyoné temporary lixos and build strong. Ind6pend•nt communities wher& frveryo￿ can live dignity. failh. ond confid0n￿. Growth To enable the charity to grow, locus on leadership and staff training will be paramount. Increasing e charity's volunteer donor base will be 8¢lively pursued, allowing us lo ra8ch a wider natwork. crealing better public awareness of the charity's work around the world. Charity will mainly reply on a Tv channel donat¢on comparing which was very successful in the ¢urrgnt yèor. Page 4 AKAAL AID TRUSTEES. REPORT I CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 Structuro, GO￿rnanCe and Manzgernent The Directors ol the Charitsble Company are 115 Trustees for the purposes of charity law. Th8 Trustees and Officers serving during the year and since the year end were as lollows Mr Surinder Pal S Jhalli Mr Chander Shekhar Guru Mr Sukhdev Singh Thg Senior Management Team takgs day lo day ￿spOnSIbl1￿ty for opgratlonal managgm9nt of the Charity. During the year the Sgnior Managgment Team comprlsed the lollowing key Individu81s Mr Chand•r Shekhar Guru- Chalrman Constltutlon AKAAL AID is a wislered charstygovem by CIO- FOUNDATION REGISTERED 16 NOV 2016 AMENDED ON 0510112016 Appolntment of trustees The Board of Trustees Consists of local peopl8 that ￿llectIvelY have the skills, exp8rtlse 8nd experience to ensure that the Charity is manag8d effectlvely. Wharè a vacancy aris8$ a naw Irusteg 1$ appoint8d only by tha passing of a losolution of Iho Board ol Trustees. Oraanlzatlon The Board of Trusleas administers th8 Group, A General M8etsng18 held every calendar year as an Annual G9ngral M99tlng- All Ggngral Mgellngs. olhgr than Annual General Mgellngs, sh811 b8 called Extraordinary General M88lings. The Board may call whenever they think fil lo convene an Extraordinary Meeting. The Board of Trustees includes a range of individuals with the appropriate knowledge and experience, external advisors may be engaged, be they paid or voluntary, where the Board deem il necessary lo support them in their role. Senlor Management T&8m are appoinled by the Trustees lo manage Ihg d8y-lo-day operations of the Charify. Page 5 AKAAL AID TRUSTEES. REPORT I CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2024 Related parties and co-operation wlth other oroanizations None of our Trustees receive remuneration or other benefit from their work wth Ihe Group. Any connection beiween 8 Tru51ee and rnember of the Senior Management Team, 8 supplier, funder, supporter, organizalion working collaboratively with or beneficiary of the Group must be disclosed to the Board ol Trustees in the same way as any other contractual relationship with a related party, Iru81ees are not aware of any such conneclw)n between during the year in que81ion. Charity generates most of the funds by programs on Akal TV channel and in return most of the donations are distributed through same TV ¢h8nnel in India, Akaal TV channel has no connection with tru$t¢¢s of Akaal AID Pay pollcy for senlor Staff MO is given authority by the Trustees lo promote the position and salary upon any candidate employed by the charity, in lina wlh HM guidelines on employ88 rights. MD reports to th6 trustaO$ on all employegs, rates of pay and any subsequent recommend8t1￿$ to incrgase reward is considered and approved. Rlsk Manaoement Trustees are very aware of the risks involved in working abroad and take measur8S to ensuro project delivery arrives on lime, 8s des¢ribed in the project proposals and ¢0 the correct end beneficiaries. R8vlaws are made of th8 rtsks operotlna obrood. Feedback r8POrts inclusiv8 of Written, Vid80 and photo documentation is r8quir8d for every projéct th8 charity und8rtak8 We closely monitor conditions within the beneficiary countries, only delivedng funding through the banking System with rgcglpts and accounts Issued Inlernslly risks are ￿ntrOlled with rocedures pul in place lo control, all Iran88clions handling ol cash and cheques an data protection and compliance with Health & Safely ol staff and volunteers, cliènts and visrtors lo the shops and offices. Proce24 to include male benef iciaries as well. This year, we distributed 50 sewing machines to women f rom underprivileged and Sikligar backgrounds, enabling them to pursue tailoring work either f rom home or within local marketplaces. This initiative, which last year supported 40 women, continues to help recipients build lifelong skills while generating reliable source of income to support their households. Recognising the similar econornic challenges faced by unemployed men in marginalised communities, Akaal Aid also introduced a parallel initiative by distributing 40 welding machines. These tools have enabled male recipients to begin skilled trade work-either independently or in local industry allowing them to earn a livelihood and contribute meaningfully to their families, f Inanclal wellbelng. Together, these efforts posltively impacted nearly 90 families, and reaff irm our commitment to inclusive, skill-based development as a pathway toward long-term self-reliance. All) l Ala21 Pa e14 AKAAL AID NDEPENDENT EXAMINER S. REPORT TO THE TRUSTEE5 OF AKAAL AID FOR THE YEAR ENDEO 30 SEPTEMBER 2024 I report on the accounts for the perfod ended to 30 September 2024 sel out on pa￿$ RgSPgCtive responsibilities of trustegs and gxamingr The charity's trustees are responsible for the preparation of the accounts. The Charitls trustegs consider that an audit is not required for this year (under Seclion 144121 of the Charities Act 2011 (the 2011 Actll and that an independent examinatson is required. 11 is my re5ponsibilily to.. examine the accounts under Section 145 of the 2011 Act to follow the procedures laid down In the General Oirections given by the Charity Commission (under Sèction 14515llbl of tha 2011 Act).. and to stsle whglher p8rtlcular matter8 have come lo my 8ttgndon Ba¥ls ofthg Indepgndgnt examlngrfs rgport My examination was carried out in accordance with the General Directions given by the Charity Commission. An ex8min81ion Includes 8 review ol the accounting records kept by the charity and comparison of the accounts presented with those records. It also includes consideration of any unusual ilems or disclosures in the accounts, and Saeking explanations from you as Iruslees Concèrning any such mattèrs. Thè procaduras undartakan do not providè all thè evidanca thal would be required In an audll, and consequently no oplnion Is glven as lo whether the accounts present a 'lru8 and lair vlew. and the report is limited lo those mallers sel out In the statements below. Independent èxamlner'8 Statement In connectSon with my 9X8mlnallon, no matt9r has come to my attgnllon.. 1. which gives me reasonable cause to believe that, in any material respect, the requirement5 lo keep accounting records in accordance wlh Section 130 01 the 2011 Act., and lo prepare accounts which accord with the accounting records and lo comply with the accounting requirements of the 2011 Act 2- to whlch. In my opinlon. attention should be drawn In order lo en8ble a proper understandino ol (he accounts to be reached. Mazh8r S Aslam RR Accounlanls Page 15 AKAAL AID STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDEO 30 SEPTEMBER 2024 Ntst•s Unmtr¢lt•d Funds 2024 Total 2023 Total Income Donatlon$ Oonalions and grants Incom8 from chorltabl• a￿1¥111¥* 566.059 566.059 773.062 Other incorne Total Incomo 566 059 566 059 773 062 Exp8ndlture Expendllure on ralslng lunds Expendllure on charitable acllvlues Tot•1 •xp•ndllur• 55.292 702.990 758.283 55.292 702.990 758.283 42.625 743.881 788.506 Not In￿rn• b•for• taxatlon 192,224 192,224 13,444 Taxatlon l¢harg•ll ¢rodlt Not rnovoment In funda 192 224 192 224 Tolal funds broughl fward at 30 September 2023 Total lund• urrfj•d lomard It 30 S•pt•mb•r 2024 445,960 445,980 253.736 253.736 Page 16 A1￿L AID BALANCE SHEET AS AT 30 SEPTEklBER 2024 2024 2023 FIXED A$SEYS Tangible assfyts 2.671 3.142 CURRENT ASSETS D8biors Cash 81 b8nk 8nd in hond 255.572 447.325 258,243 450,467 CREDITORS Amounts falling due wthin one year 4.507 4,507 NET CURRENT ASSETSIILIABILITIESI 253.736 445.960 R886nf8s Unrestricte(l Fund5 253.736 445,960 The financial stattrments were ap￿0vely by the board on 22 Iheir behalf by. and sign8d on ur Trustee Page 17 AKAAL AID NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 30 SEPTEMBER 2024 l. Accourrtlng pollcle5 Th¢ Pri￿1paI a¢¢ounting pollci¥s adopted. judgements and key sources ol eslimatk)n un(trlalTrty In the preparation of th8 finan￿81 5ta18rn8nts are a5 follows Company Infomiatlon The charity is r8gisler8d in England and Wales wth Ihe Charity Comrnission. The r8gis18r8d oNIc8 18 28 Harnslead Road Hockley, Birmingham, B19 1DB 1.1 Accountlng conventlon Thè financial ststemenls have b&en prepared on a golng concem basis in ac¢ordanc* wlh Accounting and Reporting by Charities.. Ststemenl of Recornrnended Practice applicable to charities prepariw thèir 8ccount8 in accord8nc8 With Ihe Finan￿￿1 Reportlng Stsndard applicable In the UK IFRS102118ff8Ctlva 1 April 20211 I'charities SORP IFRS1021"I, th8 Financial Reporting St8ndard applicab18 in the UK IFRS 1021. Ihe Comp8nie$ Acl 2008 and the Chadtles Act 2011 AKAAL AIO moats th8 d•nniUon ol a publlc b8n8fl1 èntity und8r FRS 102 Assets and Ilabili1188 are initially recognljgd al ¢gSt or transaction valug unl¢Js Othe￿¥9 $1818d In t re1ev8nt accounting pdicy noles On the grounds Ihat the charSty comes und•r the definluon ol small charSlles th• charllaU• company has taken advantage of certain 8xemplions conf8rr8d by 58Ctlon 1.11 of FRS102 a5 fdlows Exemptlon from dlsdosing the Car￿n9 amounts of each calegory ol flnandal 8ssets and financlal Ilabllllleo 81 the reportlng dale 8$ requlred by $ecllon 11.41 of FRS 102. Exemptlon from presentlng a char￿able company s18lernent of cash flows 88 8 prtmary Stalement lo th? finandal stslemenls 1.2 Goln8 Concern The Truslee5 have at the tlm8 of approvlng th8 flnanclal 51818rn8nts a reasonable expectallon that the charity has adoquaiè resources to continue In oporational èxlslencè for thè loroseeable lulure, In addition. the Trustee5 have no intention to wind th8 company up in the foreseeable future. It 15 considered Ihot thero aro currently no malarial uneortainlies which impact on thè charity being gbla lo wntinua in its current form. Thus th8 Trustees continue to adopt thè going conc8rn basis of accounting In prophring the finandal $18lemenls 1.3 Income Income 1$ recognised when Ihe tharlty h86 enlitlemgnl lo the funds, any performance ¢oTrdits"on$ allachlno to Ihe i18mlsl h8V8 been mel, it 18 probab18 that th8 incom8 will be r8(XIV8d and the 8rnount rAn be mea$urod rellably. Income from grants is re¢opnised when the ¢hadty has enliuemenl lo the funds. aThy performance conditions have been met, il is wobabb that the incomo wll be received and Ihe amount can be measureé ￿liably. whe￿ grant in¢ome has been received. but the charity has not matched the condition5 to b8come 8nlitled to the incorne, an incom8 d8f8rral is m8d8 Page 18 AKAAL AID NOTES TO THE FINANCIAL STATEMENTS AS AT 30 SEPTEMBER 2024 1.4 Fund a<¢ountln8 Unrestricted funds ar8 funds which are availab18 for use at the discrets'on of th8 Tru5t80s in lurth8ranc8 of the general objectives of the Charlty and which have not been designated for other purposes Re$lri¢led funds a￿ funds %vhi¢h are lo be used in accordance wlh ¥)8¢ifK reslrictlons imtM)sed by domrs or which hava bsan ralsèd by tho Charty for 8 paiticular purpos•. Trust￿ have not classSfi8d any funds rec81v8d as r8Stricted till now 1.5 EJ(pendlture l expendilure 1$ accounted foron an 8¢cru81s ba61$ and has been d88slfled under headings Ihat aggregattr all costs related to the category. Where costs Cannot btr diro¢lly allributed to particular hèbdings Ihèy have boan appo￿.0n&d on a basis consistent with the uso of th• rèsoureas The c051 of raising funds Indudes fundraising ev8nl costs. direct carnpaigns, geTheral information and public relation c0618 and Iheir 88sod8le¢l support C08t6 Expandllurè on chad18blo aC￿vIlla5 r•lalos lo grants SWArd￿ ènd associ8t8d support eosts Irro￿verAble VAT Is charged as o cost agalnsl the aclvity lor whlch 8xpendllure was Incurred Allo¢atlon ol •uppgrt ¢0•1• Support eoyis aro th054 functions th819551$1 the work of tha chsrity but do dIrac￿Y undtrtakè charilablts act5￿1￿0$. Support costs Snclude administrallon. finance. human resources. Inlormaiion 6y8lem8 and gov8mance costs wthich 8UPPOrt the 58rvice5 provided to beneficiari88 The8e Costs have been allocated between the co$ls ol rai8lng lund$ and expendllure on ch8r1¢a￿e 8clI￿tIeS on Ihe tsa$ls Set out In note 4 1.6 T•n8lbl• 1S¥¢d ¥ss•ts It 18 a policy ol the Iruslees that indivhyual items wlh a cost below £300 are not capilalised. Depreciation Is provided ai the following rates bases to write off the wst of tangible lixed assets over Iheir e511rn8ted u5elul lives by annual in51alrnent5, With a full year's charge in th8 acquisillon year and no char9e in tho year of disposal.. D8preciation is chag8d @ 20% reduang balance on Compuièr and equipmènt 1.7 Cash ai bank and In hand Cash ai bank and cash In hand Include6 cash and short lem) highly Ilquld Investments w￿h 8 short maturity h&ld for %thlng capitol. Bonk overdrafts are shown ¥￿th5n borrowng In current liabilities 1.8 Tax•tlon AKA41 AID is a re8lStered thadty and as such Is a chèrity ¥￿thirt the meanin8 olschedule 6 of the Finance Act 2010. Accordlngly, the Charity is potentially enri¢led ro tax exemptlon under part 11 of the Corporation Tax Ait 2010or sect￿￿ 256 of the Taxation of Char¥Eable Gain5 Att 1992 in respett of Income and gains •risini Page 19 AKAAL AID NOTES TO THE FINANCIAL STATEMENTS AS AT 30 SEPTEMBER 2024 2. Allo¢atlon of support costs Support C0515 are allocated bets*en the various aclivi118s of the charity bas8d on 8n t51irnate by managem¢nt of Ilme spgnl by ¢mployees on each adlvity. Some employees have roles which suprK)rt ore than on8 aclivily. The allocation of the58 COSt5 are considered lo be critical lo th8 accounts becau58 they have the ability lo materially aller the allocation of costs ￿&￿een expenditure on raisin9 funds and èxpèndilura on chariiable actlvltlès 3. In¢omo Unr••trl¢¢•d In¢ome TL)tsl 2024 Total 2023 Don8Ion$ & Non-Parfomiancè Grants Donation5 Received 566,059 566,059 773,062 Other Incom8 566.059 566.059 773.062 expgndlturo on ral•lng fvnd•'. Dlr¢¢t Co8t• Allo¢atsd Cost¥ Totsl 2024 T¢)tsl 2023 Fundraising Cost8 Shops- Retail 55,292 55,292 42,625 55.292 55,292 42.625 exp•ndllur• on ¢h•rltabl• aGtlvltl••: Dlr•¢t Cwt Allo¢•t•d ¢o•t Total 2024 T¢>tsl 2023 Health EdUCa￿On, Sklll development Widows. Orphan sUPPOrt Emergency and natural disosler 105.199 141.917 277.490 37.461 49.056 91.868 142.660 190.972 369.358 150,958 202,081 390,843 524.605 178.385 702.990 743,881 Total •xp•ndltur• Page20 AKAAL AID NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 30 SEPTEMBER 2024 5. Support Cost Support C0515 in the curr8llt y88r have been albca18d based on an 8S￿'Mat8, by managerntnl, employment costs a￿ baseé on lime spent by employ￿$ ¢ontribuWng lo each activlty. Support costs have b88n allocated as follows Ernploymont Promlses ¢o¥t5 ¢05ts Admln15tratlo Total Total ¢o•ts 2024 2023 Donatlona camp8lgn H8allh. Education, Skill d8V8lopm8nt Widows . Orphan support Emergency and natural dlsastsrs 13,861 18,481 33,661 9.365 12.487 22.744 14,235 18.980 34,571 37,461 49.948 90,976 39,640 51.910 97,212 66,002 37° 44.596 25% 67.788 38tsh 178.385 188.762 S TAXATION Thè charitable aclivi11os of AKAAL AID arè èxompl Irom lax8Ion undar ChAplèr 3 01 part 11 ol Ihtr Corporation Tgx Aci 2010. Page 21 AKAAL AID NOTES TO THE FINANCIAL STATEMENTS- ¢ontlnu•il AS AT 30 SEPTEMBER 2024 6 TANGIBLE FLXED ASSET8 computer Equiprnont Motor V•hl¢l• T*)tal Cost blf 4,800 4.800 Additions At 30 S8p 2024 Doprl¢l)tlon Depreciation t)If Charg¢ for th$ ￿ar 1,658 471 2.129 1.658 471 2.129 NET BOOK VALUE 30109Q024 3010912023 2.671 3,142 2.671 3.142 7 CREDITORS: AMOUNTS FALLING DUE AFTER ONE YEAR 2024 2023 Trade Creditors other Creditors T8xeB & Soc181 Secudty 4,2SO 4.2SO 257 257 8 Post B4lan¢• Sh••t Evènts There are no post balance sh88t 8vent5 to report 9 Charlty R•8uII No sowrate Slalerntrni of Financial Aclivilios (including Incomè ond Expendiluro Account) hos boon ported for the Charity alone gs permitted by section 408 01 thè Comphnios Act and Paragraph 397 of Charives SORP IFRS1021 The income of the Charity for the year was £566.059 Expen¢ilur8 amounted to £758.283. The net dellcil for the yearwas £192.224. 10.Rolatod porty trans)￿lon* There was no r818t8d party Irans8Ctbn lo report in 2024. Page22 AKAAL AID PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2024 ProfitlLo88 Account 2024 2023 Donation5 Rec8ived Other Incom¥ 566,059 773.062 Sub Total 566,059 773,062 Exp•n8•8 Expènditure on charitsble a¢￿villa$ Fund raising exptrnditurs Sub-Conlr8clor$ Staff Wag88 Insurance Renl Ralas Telephone Travelling and Motor Expe￿98 Light and He81 pps Repalr8 Legal & Profe5sionBI A¢counlancy IT Expense8 Sundry Bank charges Depre¢lation 628.558 55.292 2.501 20,800 66,487 42624.74 28454.5 20,400 18.500 587 540 26,212 863 32 12 18,600 721 622 3,232 863 150 2,000 82 740 1,750 720 32 1,298 554 471 Sub Total Page 23