Al-lhsaan Academy 783 - 785 High Road, Seven Kings, IG3 8RW Registered Charity Number: 1164642 Trnstees report and financial statements For the peri(Kl from l August 2024 10 31 July 2025 Contents Page(s) Reference And Adm5nistrative Details of the Charity? its Trustees and Advisers Trustees. AnJ)ual Report Statement of Trustees, Responsibilities Independent Examiner's Report Statement of Financial Activities io Balance Sheet li Notes to the Financial Statements 12-15 Page 2 of15 REFERENCE AND ADMINISTRATIVE DETAILS Charity Name Al-lhsaan Academy Charity Number 1164642 Registered office 783-785 High Ro￿1 Seven Kings IG3 8RW Trustees Fathan Vali Muhammad Yasin Karatela Emran Ahmed IResi8ned June 2025) Yusuf Adam (Appointcd Jun¢ 2025) Huiaila Delaii'aja (ApEK)inted June 20251 Muhammed Hanif Dala] (Apw)int¢d Junc 2025) Bankers Al Raj'an Bank pl¢ 97-99 Whit¢chapel Road London EI IDT Solicitors Hawkins L￿￿. 448 Romfotd Ro&1 London E7 8DF Indepffident Exominers Midas Financials L Institut¢ of Financial Accountants. 20-22 Wcnlock Roa London, N17GU Page 3 of 15 TRUSTEES, ANNUAL REPORT FOR THE PERIOD I AUGUST 2024 TO 31 JULY 2025 The trustces present their with the financial stata)ients of the charity. for the period l August 2024 to 31 jul￿ 2025 STRUCTURE, GOVERNANCE & MANACEMEiYr Governing Document Thc charity is a Charitable Incorporated organisatio￿ govcrn¢d h, a Consts'tution, and is re8iStered ￿1th thc Charil), Commission undci ch￿￿tI. number 1164(A2. Organisational Structure Thc trustees responsible for the general control and manag¢m¢nt of the ¢harity. The lrnslees give their lime freel J. and re¢eii'e no r¢muneration or othcr financial bcnefits to fulfil this rolc. The charilN' trustees rn￿t on a quartcrlv basis and arc rcsponsiblc for all dccisions tak-en in rclation to thc oi"cra]I control and stralegi¢ managcmcnt of thc charity.. The 0￿ratIonal managaiient of the charits" is dclcgaled to sub committees. These sub committees m¢¢t on a ￿eckI￿ basis. Recruitment, Appointment and Trxining of Trnstees The e¥isting trustccs responsible for the appoinlmenl of nw. trns*¢s, Ne￿ twstees are brought into the organisalion, ￿hen required. on the basis ofeligibilitN', COMI￿tenCe. specialisi knO￿.ledge and skills. It is the polic}, of Al-lhsaan Ac￿lem5, that cach trustee duringi inductson is gyil'en a cop!. of thc cOnsti￿tIOn, thc latcst account4 recent meeting minutes and guidance regarding the policies and procedures adoptrd by the charity. Risk Management Risks are assess¢d, idcntificd. managcd and constantt}". r¢￿.]eM.¢d. A set of poli¢i¢s and wocedures are dei'eloped io manage risks, ii'hich fonn the intCTnal controls [raM￿yOrk. The p)licies are set ￿, the trustees and the implemcntations are delegated to the management tcam. The rclci'ant policies and proccdures are communicatcd lo all staff and training is griTrcn ￿h¢rC applicablc. Periodic w)liC￿. rci'icivs are undcrtaken in order to ensure the internal ¢ontrols framcM'ork- remairts relei'ant. The organisation has both emploi.er liabilitsll and public liabilitv insurance policies in place. All emplovees are put through appropriat Disc105urc and Barring Service checks. Objectives Al-lhsaan AcademN' primaril! focuses on fulfilling, enriching and ser¥'in8 the spiritual and religious neds of the Muslim cotnmunits. togcther with sen'ing the wmmUni￿, at large. The objectives ofAi-Ihsaan Academy are summarised below: To edu¢ate Muslims from all ii"a]ks of life, espe¢iallN' i'oung Muslims, in all aspe¢ls of their spiritual and religious development. To support thc ￿lder community. ￿. promoting good morals & conduct and addrcssing arcas of social concern. such as anti-so¢ial bchai'iour, crimina]itv, substance abuse and famil). breakdow'n. To facilitatc a grcalcr awareness and understonding of Islam. To address misintcrprctation, misunderstsnth'ng and misrepresentation of the Islami¢ faith. To assist present and future generations ofmuslims to preservc and pcrfcct Islam in thcir Iil'cs. To assist in the provision of an). charilable services i￿.1th1n thc limits of the law and particularly 'ithin thc bounds of Islam. P8ge 4of 15 TRUSTEES, ANNUAL REPORT FOR THE PEIUOD I AUGUST 2024 TO 31 JULY 2025 Public Benefit The trustees of Al_lhsaan A¢a(km!' regularly. review the sen'.1￿$ provided to ensure that there is rel¢N'anL targeted. local and public knefiL In cam'ing out this rel.1￿￿. thc trustees ensure compliance to the Charity. Comniission's gen¢rdl guidancc on public benefit and in particular its supplcmcntary public guidance on the adi'anc¢mcnt of rcligion for the public kn¢fit. ACTIVITIES ACHIEVEMENTS AND PERFORMANCE The AcademN' offers a range ofactii'ities in pursuit of its objectii'es stated aboi'e for the public b¢ncfit. The aclivitics detailed belo￿ proi'ide benefst to those who aliend the Acadcm! s prcrtliscs Én person as ii.ell as the 'ider public lo¢all!' and nationall!.. Thc Academ!. ￿'aS ablc to clpllnd on these aclii."ilies ￿1th the purchase of the neil. prcmiscs, thc fom)er Ilford Preparatory School, Ni'hich is'as acquired in Sq)temEtr 2017. Religious Servicos The Academ). is engaucd in posilii'e endeai'ours in til'ingy to inir(xluce the pristine message of Islam and to cducate Muslims and non-muslims alike on various aspx¢ts of th¢ r¢ligion. Thc Academv's currenl activilies and seTh'iccs include.. Daily Prayers: Thc Acad¢m!, facilitates the 5 dailv pra}'ers, Fridai, pravers and the t￿,0 Eid Pral'ers ror thc publi¢ throughoui the )'ear. Evening Madrasah {l$lAmie Edu¢ation&l classes) - The Madrasah consists of approximatcli. 330 hildren {ix>ih trf)!'s and girls) agcd 5-13 I5"ho are taught a i'aricty. of subject5 ranging from Qur'anic recitation. Aqeedah Ilslamic Crccd), Seerah & Taoreckh (Islamic Historn), Fiqh (Jurisprudence), Akhlaaq {GIKKI char￿ter) etc. Further Education (F.E.) Cl*sses for youth aged 13 and over - This course was specificallv initiatcd to target those s'outh ii'ho tnm. have left the ei'ening Madr&sah and find themseli'es to hai.'e a lot mor¢ frec ts'me. The aim of thi.s coursc is to further their Islami¢ stu(h"¢s and focus on their larbi￿Trah (moral and spiritual nurturing) enabling them lo become better Muslims and in turn, i￿CoMe belter ciLizens. Hifdh {￿r.￿n memorisotioD) Class- Al-lhsaan Academv has a Hifdh class operating mornings and ci.enings. This class is designed io cafrr for cach indii'idual student according lo his capabilities and potciitial, m.ith an emphasis on the importance of Tajii'id (Qur anic Phonctics / Intonation) and rulcs of ￿CItrItiOn. The s!.'Ilabus has been prepa￿d in a manncr that ivill enable a student to memorisc the enure Qur an (approxiinatelv oi'er 6.000 verscs) and rclain it. Alongside Ihe Hif(th, a lot of emphasis and training is gI￿¢n on spiritual and moral dei elopmenl, to ¢nsure thcsc cliildren ho ￿111 graduatc as HutTadh Iihose M'ho hai'e memorised the entire Quran) ll'ill hai'e the qua]ities and characlerislics expect¢d from a Hafidh. The aboi'e classcs catcr for all lTry¢s of childrcn ￿ld hal'e proven to b¢ instnjmental in saftguarding and enhancing the reliyous and moral ii"cll-being of Ihosc ￿h0 attend. Pri/K gii'ing and complction ceremonies for the above are held ¢vcTh' s.'ear. These eN'enls are open to the public and allosi. th¢m to rcmain inforn]ed of thc Acadcm) s educational actii'ities. The End ol Year Pri Gii'ing Jalsahs w¢re conducted in Julj, wm'lst thc Mid-year Pri7£ Giving Jalsahs wcrc held in FebNary'. Page S of 15 TRUSTEES, AMWAL REPORT FOR THE PEIUOD I AUGUST 2024 TO 31 JULY 2025 EducAtionAI Trips - Al-lhsaan AcadcmF' occasionall!. holds educational and rccreational trips to 'arious placcs. Fun dai'8 are also orsF8nised to local padis, and other da)'s spcnt on in-house fi ¢du¢ational activitics. Holiday Youth Club - Al-lhsaan A¢adem!' holds a holid￿, louth club ii'h¢r¢ mani. l'outh attend and are able lo use ¢hc play'ground and othcr rcercatsonal facilities in a safc, fun and ii'clcoming environmcnt. Adult Learning Classes - The AC￿emTr. offers a range of classes for adults in college/uniTr'ersih., full lime emplo5.mcnt or cvcn retitEd indii'iduals M'ho i¥'ish lo further iheir Islamic knom'ledge. These classes lake placc during icmi time onl). corresponding M ith the a¢ademi¢ ¢alendar. Our ￿Udents currend!, benefii from such classcs M'ith the following choicc ofenrolment.. Tajjveed classe5- These classes take place once a week. This class enables the students to learn the corrLYt pronunciation of thc Arabic Ictiers ii.ith all its qualities and enables students to adorn their recilation ofthe Glorious Qur an with ail th¢ nccessa￿ rulc5. Essential Islamie Education Cl￿se$- These classes are taught to adults in a welcoming classroom s¢tting once a 14'cck. Topics range from Aqeedah Ilslamic Creed), Seerah & T&veekh Ilslamic Histor5'), Fiqh (Jurisprudence) and Hadith ltrath"ts"ons of Proph¢t Muhammad maj'peace and hle.¥.fings he iipon him). This eoursc is perfect for those indiTriduals ￿h0 are nem, to Islam, thosc iiho hai'c not had the opportunits. to stud). i1.hen )'oung or eTr'en for those ii.ho i%'ant to refresh their core k'noiiledgc of Islam. Advaneed Islamic Education Classes- A more in4lepth study ofislamic education is imparted studcnts, once a i%'eek, and oi'er a numbcr of N'cars. Hifdh Refresher a&sses The Hifdh Refresher Classes arc facilitatcd for those individuals have prei'iousl) memorised the Qur'an and ll'ish to revise and refresh it. Class timings are flcxiblc in ord¢r to ￿'Or￿. around the ai'ailabilitics of the students. There M'¢re twenty four members of stalfengaged in delivcring thc cducational activitics dC￿ribed ab)Tr'¢. Se&sonAI Programmes- OccasionallTr', the Acadcm). holds programmes for the communitv's benefit. These programmcs proi'ide an educaiional and inspirational b￿st and addr¢ss manv misconccptions regardin8 Islam. It also scTr'cs as a counselling session and promotes good mordls & charartcr. Hajj Programme- The sacred pilgrimagFe: is the fitlh pillar of Islam. li is a journey thai Muslims are required lo undcrtakc On￿ in a lifetinie subject to mceting ¢¢rtain neccssaTh' ¢onditions. Man). prospccts'N'e pilgrims are rightl!. wnccmcd and mindful (o ensure theTr' prepare and educate themselves propcrl!. bcfore embarking on such an auspicious journw.. To m¢¢t thcsc conccms, Al- Ihsaan Acad¢m5' runs an annual Hajj programme which proi.'id¢s compreh¢nsii'¢ guidancc to intcnding pilgrims. The programmc discusses the esscnlial rituals of Hajj and is folloi¥ed b5, a qucstion and answer scssion. Bcncficial literature is al￿ distributsd ai the end of the session. Page 6 of15 TRUSTEES, ANNUAL REPORT FOR THE PERIOD I AUGUST 2024 TO 31 JULY 202S Religious and social advice- The Acadcm), proNides support and guidance to thc communil>' through thc mcdium ofemail, phone and direct mectings Al-lhsaan Academy's IVebsite- The prime objcctiTre of thc wcbsitc is to help people sta￿. eonne¢ted with ihc aclii'itics of Al-lhsaan Acadcm>'. as H'cll as up-tO-dat¢ news on thc latcsl events and scrvices The ii'cbsite is also utilised ￿ keep the public up to date on the laiest appeals & projects Publication departm￿1 - Infonnative and inspirational literature is publish¢d andlor distribut from timc to timc in order ￿ further the A¢adcm) s objects'i'es. Thcsc lake the forni of lethets ￿h]ch coN'er a wide range of topi¢s and contemporary. issues impactinbi th¢ l ji'cs of Muslims. Othcr neficial edueatifve cards are also publishcd to sprcad the beautiful t¢achinb)s ollslam. NikAh Service: A free service for couples ii'ho %￿lsh to perfonn Nikah (the Islamic marriage ceremons,) is also provided at Al-lhsaan Academy. Fundraising The Charity. had been fundraising to recoup the £2.] million bo￿OWed from the ¢(￿)munity in order to purchasc Al-Ihsaan Acadcm) s premises. By the gracc of Allah Ta'aia, and through the ovenNheiming support of our donors and ￿e11-Wishers, the total amount has now been fullN' r¢paid. The Trustees eyprcss their sincerc gratitude for the ¢ontinued support shoii"n bw our donors and humbly requcst 3.our ongoing support toM'ards Al-lhsaan Academ! s running cosis. as w¢ll as its cU￿ent (Ind future projects. Th¢ Academv's principal sourccs of income Comprise stydenl lee5, donatsons made on site, bank transfers and swiding orders, as ￿ell as rental incom¢. Page7 of15 STATEMENT OF TRUSTEES, RESPONSIBILITIES The ¢n￿teeS are responsibl¢ for pr¢paring thc Trust¢es' Annual Rq)ort and th¢ financial statcmcnts in ordance ￿Eth applicablc law and Uniied KingFdom Accounting Siandards (United Kingdom Generails, Accepted Accounting Practicc) and thc applicablc to charitics in England and Wales. Thc financial statcmcnts for cach financial )'ear Inust gil'e a truc and fair i'iTh' orth¢ slate ofalTairs of the charilN" and olthe incoming? resources and application of ffsour¢es. In preparing thcw f￿ancIal statements. the tnjstres ar¢ required to.. Selecl suithble ac¢ounling poli¢ies and then appl!. thcm consisient]} Obs¢n:¢ the mcthods and principlcs in the Charilies SORP 2016 (FRS 102)- Makc judgcmcnts and csts'mates that are reasonable and prudent,. Stale ii.heth¢r appli¢ablc UK Accounting Staiidards have been followed, subject to any material departures disclosed and e.¥plained in th¢ financial statements: Prcpare thc financial slalements on the going concern basis unless il is inappropriate to presume that the charity, will continu¢ in operation. The trustees are reS￿nSIble for keeping adequate accounting records that disclose ￿'1th reasonable accuraJ' at any time the financial position of the charits. and enable them to cnsurc that the financial statcments compl!. ith th¢ Charitics Act 2011, the Charity. Accounis and Rcports Regulats"ons 2￿8 and the provisions of the trust deed. TheN' are also responsible lor safcguarding the assets of th¢ charity. and hence, taking reasonable stcps for thc prevention and dele¢lion of fraud and other irrcgularitlC5. ApprovAI Approv¢d bTr' the trustees on the 30 of Ma! 2026 and signed on their bchalf by". Signalure.. Full Name.. Mr Farhan Sajid Vali Position.. Tn￿¢ Dale.. 30 May 2026 Page 8 of 15 INDEPENDENf EXAMINER'S REPORT TO THE TRUSTEES OF AL-IHSAAN ACADEMY I report to thc charih. trustees on mv examination of the ￿Ounts of Al-lhsaan Academ}, (the Trust) for th¢ pcriod cnded 31° Jul) 2025. Responsibilities and basis of report As the eharilv's trusiees, N'ou are resw)nsible for the preparation ofthe ac¢ounls in accordance with th¢ requirements of thc Charities Act 2011 (-th¢ A¢t-'). I report in re5￿cl of mv examination ofthe Trust's accounts carried out under section 145 of the Act and in can)'ing out mv ewnination I hai'c follom'ed all applicable Directions given b}. the Charits, Commission under se¢lion 145{51(b) of thc Acl. Independent examiner's statement Since your Charity s gross income exceeded £250,000 your examiner must k a memkr of a listed imjdv. I ¢an confllm thal l am qualified lo undertak"c the examination because l am a registered membcr of Thc Instithte of Financial Acwunts￿ts ii,hE'ch is one ofthe lisi¢d i)othes. I have ¢ompleted MN. examination. I confirm that no material matters hai'e comc to MN. attention in connecljon ￿1th the examitEalion bljl'ill8 me causc to bcliei'c that in ani. material r¢specl'. accounting records were not k¢pt in respect ofthe Ttust as required bv sectson 130 of the Act: or 2. thc accounts do nol accord M'ith thosc records. or 3. th¢ accounts do not compli. ￿1th th¢ applicablc rcquirements conceming the fonn and content of accounts set out in the Charits"es (Accounts and Rcwjrts) Regulalions 2008 other than anv requ￿¢￿¢￿1 that the accounts give a truc and f￿r vtem. Ivhich is not a matter wnsid¢rcd as part of an Inde￿ndent examination. I cortfim) that thar are no other matters ￿ M,hich your attention should be drawi to enable a proper Undersh￿dIng of the accounts to be reached. Imran Patel Midas Tr"inancials Ltd Institute of Financial Accountsnts, 21J-22 Wenlock Road. London, Nl 7GU Signature.. T•tiP Dale.. 30 Mav 2026 Page9 of15 STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD AUGUST 2024 TO 31 JULY 21b25 Unrestricted Restrieted Funds Funds 2024-25 2024-25 Total Funds 2024-25 Total Funds 2023-24 Note Income Donalions Fees Income Zakah- Disaster Appeal Wudhu Khana App¢al Rental Incomc Book S81¢s & Literature Zakah- Sadaqatul Fitr Other income 64,238 217.513 201,605 265,853 217,513 17,413 236,443 157,755 53.632 2.3.290 17,000 12,077 2,227 3,044 17,413 18.327 10,874 4,358 5,342 18.327 10,874 4,358 5.342 Total income 320,652 219,029 539,680 505,468 Expenditure on: Salaries. Pcnsions & Teaching S¢rvic¢s Wudhu Khana Depreeiation Books, Literature & Publications Accountancy fee Maintenance Utilities Zakah- Sadaqatul Filr Other expenses Zakah- Disastcr Appeal 200,364 200.364 174.101 31,213 25,6(14 7.727 22,357 22,357 13,424 13.424 9,792 9,680 3.637 9,547 9,792 9,680 3,637 9,547 60,0(H) 8.366 16.278 2.227 19.753 60,000 Total expenditsre 246,444 82,357 328,801 285,269 Net Income l(expendlture) 74,207 130,671 210,879 220,199 Net movement in funds for the year 74,207 136,671 210,879 220,199 Total funds blf at I" June 2023 and I June 2Q24 244,647 1,722,183 1,966,830 1.746,628 Total funds at 30 May 2024 and 31 M¥y 2025 318,854 1,858054 2,177,709 1.966,827 The no£¢s on pages 12 to 15 forn] part of thcsc financial statements. Page 10of15 BALANCE SHEET AS AT 31 JULY 2024 2024-2S 2023-24 Note Fixed asscts Tangibl¢ fLx¢d ass¢ts Inveslm¢nt propety 1,534.136 514.832 1.556.492 514.832 Total filed assets 2.048,968 2,071,324 Current a55ets Dcbtors Cash at bank and in hand 1.41K) 152.226 1,350 173.411 153.626 174.761 Creditors.. amounts falling du¢ 'i¢hin on¢ v¢ar {24,885) (279,258) Net current assets 128,741 (IIH.497) Net assets 2,177.709 1,966J$27 ChMritTr funds R¢stricied funds Unrestricied funds 1.858.855 318.854 1,722.183 244,644 Total funds 2,177,71V) I,Y66027 The financial stai¢menis have been approved by the Board of Trnstees on the 30 of May 2026 and w¢r¢ signed on its b¢half b)-: Farhan Vali | Trust¢e The notes on pages 12 to 15 forni part of th¢s¢ financial stai¢n)ents. Page 11 of 15 NOTES TO THE FINAYCIAL STATEMENTS FOR THE PERIOD I AUGUST 2024 TO 31 JULY 2025 Accounting policies Gcncral Inforni8tion Al-lhsaan A¢ad¢niy is a r¢gist¢red charity. The addr&ss of tlie register¢d otTi¢¢ is gii'en in the chariti iiiformation 01? pagc l of th¢sc f￿an(la[ 5tat¢m¢nts. Tlic t]atur¢ of th¢ charity s opcratlOTIS and principal artLI'iti¢s ar¢ s¢1 ou¢ on pag¢ 2. b) Basis of preparation of financial statements Thc financial staicmcnts hai'c bc¢t) prepar¢d in accordance ii'ith Accounting and Rq>or¢ing b}. Charitie5.' Statcm¢nt of R¢comni¢nd¢d Practice applicable to chariti¢s pr¢paring their ac¢ounts in accordancc wid) the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) issu¢d on 16 JulTr' 2014. the Fift￿1¢181 Reporting Standaid applicabl¢ iii th¢ Unit¢d Kingdom and Republic of Ireland IFRS 102).. the Chariiies Act, and UK Gcnerally A¢¢¢pt¢d Praciice a5 it appli¢s from l January. 2015. Th¢ financial statements hai'e been prepared io give a 'tTue and fair I'ieii." and hal'e departed from Charili¢s (Accounts and Reports) Rcgulations 2QQ8 onlv to thc cxtcnt rcquircd to provide a 'tTUC ?d fair vicw,. This departur¢ has inN'oli'cd follom'ing Accouniing and Rcponin8 bN Charities p￿parIng their a¢counts in accordancc with the Financial Rcporting Standard applicablc iii thc UK )d Republic of Ireland (FRS 1112) issued on 16 Julj 2Q14 rathcT than tile Accounting a]id Rep)rtiiig bs. Chariii¢s.' Sialement of Recoininended Pra¢ti¢e ¢ff¢ctive from l April 2005 which has since tr￿en M'ithdrdW"n. The financial 5tatcTnents aF¢ pr¢par¢d on a 80ing concern basis under the historical cosi convcniion. modifi¢d to include Ini'estment PTopcrts' at fair N'alii¢. The fiiian¢ial stBt¢m¢nts ar¢ prepared in Pound Sierling (£) M'hicli 15 t]ic fuiictional ¢urren¢v ofthe chariiTr. Th¢se financial statemenis hai'e been Prepared for thc 12 monihs period from l Augusi 2024 10 31 Jul)" 2025. Comparaiii.'e nUm￿lS presenied in thcsc financial siat¢menis are for the period from l August 2023 to 31 Juli. 2024. Thc sig]iifi¢anl accounting policies applicd in thc preparation of these fll)an¢ial sthtern¢n¢s ar¢ s¢1 out below. These policies have becn cot)sisicndv applied io all y¢ars pr¢s¢nted unless othernise stat¢d. Fund accounting Unr¢stri¢trd fuiids are funds which are available for use at the discretion of th¢ trustees in futtherance of the gcncral objcciii¢s of the Clwi'L.i' and K'hich have not been designated for othcr purwses. Re5trictcd funds are funds H'hich are to bc uscd in accordan¢¢ with sp¢cifi¢ r¢strictions imposed bl, donors which hai'¢ b¢¢n raiscd ￿. the CharitN' for particular purposcs. Tbc co* of rnising and adn)inistCTjll￿ such funds arc charged against thc spccific ￿lld. In cas¢ of Al-Ihsaa]i. th¢ r¢stri¢ied funds r¢pr¢sent donations in rclation to pur¢has¢ of the building n¢1 of d¢pr¢¢iation charged on Ihe building and fair i'alue of in kj'nd donation of a flat from a doiior. Th¢ r¢suicl¢d assei represented bTr thc r¢stri¢i¢d funds is the freehold buildiiig and r¢styi¢i¢d funds in r¢sp¢ct of a l¢ase hold flat donated by a donor during the peTiOd. d) Going Concern The fiiiancial 51atcmcnts hai'¢ b¢¢n pi¢parcd on a going concern basis as ihc trustces bclicvc that no maierial unccrtaintics exisi The iruslees hai'e considercd tiic Ici'cl of funds held wid th¢ ¢xp¢ct¢d leN'el of in¢￿￿e and expenditu￿ for 12 nionths from auihorising these financial staiemenis in aYriiyillB ai thts conclusion. Page 12 of 15 NOTES TO THE FINALYCIAL STATEMENTS FOR THE PERIOD I AUGUST 2024 TO 31 JULY 2025 Judgement5 and ke) sou￿e5 of estimation uncertaintv A¢¢ounting estimates and judgen)enis are ¢oniiiiuall)' ¢￿'alUated and arc ba5¢d on historical eiFeriencc and other factors. including ¢xp¢ctations of future eTrent5 thai are beliei'ed to be r¢asonabl¢ und¢r th¢ ¢ir¢wiisian¢¢s. The k¢Tr ¢siimai¢ljudg¢m¢nt ¢Nciciscd in prepaTatioii ofthese rinancial siat¢rn¢nts is r¢laling io useful life orth¢ butlding acquired during th¢ vcar. Income Incomc is recogniscd M,hen the charity has entitlement to the funds, anv ￿rrOmIan¢e conditions attached to th¢ it¢rns of incorn¢ hai'c iKen in¢t, it 15 probablc that tlic kncome will be received and the amount can be measured rcliablN'. Donations aTe recognised when the charity. receives them. Fees Income is r¢¢ognis¢d on due basis (a¢¢rual basis). Expenditure Liabilitics arc r¢coglli7Ed wl)¢r¢ it is mor¢ liK"el)" thai) not diat th¢r¢ is a Icgal or COiiStru¢tiTr'¢ obligaiioii commiiiiiig the ¢harity" to pai, out resources and tlie amoun( of the obligation can b¢ measw¢d il'ith reasonable certainiv. All expendilure is accounled for on an a¢¢ruals basis and has been included undcr cxpcnsc cat¢gori¢s that aggi¢gai¢ all costs for alliKalion to actil'ities. Wherc ¢osi cannot be direcils, attributed to particular activities thci. hai'c been all aggregate surplus or deficit arising from changes in the fair valu¢ is transferred to ihe statement of financial aclivities. Page 13 of15 NOTES TO THE FINANCIAL STATEMENTS FOR THE PEIUOD I AUGUST 2024 TO 31 JULY 2025 k) Debton Prepa*ments are valued at the amount prepaid. Accrued income is m¢asured at the amount due to be r¢c¢iv¢d. Creditors and proTrisions Crcdiiors and proTr"isiolls are recognised ivhere the chariry, has a pr¢scnt obligation resulting from a past cient that will probablTr' result in the transfcr of fuwre funds to a third path, and Ihc amount duc to scttlc thc obligation can bc measured or esiimaied relÈabl}'. CrcditOTS and proi'isions are norniallv r¢¢ogt)i7£d at th¢ir scttlcmciit aDiOUlIt after allowing for an!. trad¢ discounts due. Creditors also include fccs r￿ClI.¢d in adN'ance. Trnstces Remuneralion 2024-2S 202&24 The amouni of remuneration paid during ¢h¢ y¢ar to trnstecs of the charit). in rcspcct of cmplo?mcnt {salarics) was as follows.. Farl)an Vali Yusuf Adam 22.246 22.687 17.990 44,933 17,990 Staff costs 2024-2S 21)2&24 Th¢ av¢rag¢ nionthli. numlxr of employees durin8 the }'¢ar was as follows.. 24 24 No employees receiNEd emolurncnts in ¢.xc¢ss of £60,000. Tangible fixed a55et$ Ftyehold Land Frcehold E4uipment Buildings Tot#] Cost At l August 2024 Addition At 31 July 2025 661,014 1,046.474 74,739 1,7112,227 661,1)14 1,046,474 74,739 1,782227 Depreciation At l August 2024 Additions durii)g the p¢riod At 31 Jul). 2025 153.204 20.929 174,133 72,522 225,725 73.949 248.082 Net Book Value At 31 Julv 2025 At 31 Jul). 2024 661,014 661.014 872J41 893,270 781 2,208 1,534.136 1,556.492 Page 14of15 NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD I AUGUST 2U24 TO 31 JULY 2U25 InTrestment prnperty At l August 2024 DepTcciation At 31 July 2025 515,643 811 514 832 Th¢ book value of investment property is deemed to b¢ ¢quivaleni to the fair value. Debtors 2024-25 2023-24 S￿UrIty. deposit Total 1,41M 1,350 Creditors: Amounts fylling due within onc )ear 2024-25 2023-24 Adi'ance fees receii'cd Accruals and oth¢r paiables Securiti. deposii payable Qhrdh Hasan {loans Tcpavablc on demand) HMRC & Pension Fund 10,077 7.800 1.350 434,031 16,950 1.400 5,000 1535 24 444,574 The charit), has obtained interest free loans (Qardh Hasan) from l(Kal ¢ommuniiy which is repavable on d¢rnand. Statement of funds Brouiht Incomin% Rcsourccs Furn'ard Resources Expended Carried Fornard R¢stricted funds Unrestrictcd funds 1.722.183 244.647 219,029 320.652 {82,357) 1,858.854 (246.444) 318.854 Total of funds I,966,￿30 539.681 (328,801) 2,177,7(V) *The restrt¢t¢d funds represent doiiations r¢¢¢iv¢d to purchase the building net of depreciation, falr valu¢ of the fl* receiied as donation from a donor under Waqf deed and funds rec¢ii'ed undcr Disasier ap￿al. Some of the restrictcd funds r¢¢¢iTr'ed during thc year 24125 hav¢ b￿n us¢d to pay" off inleresÉ free loans (Qardh Hasan). Page 15of15