Docugn Envèlcpe ID.. 3B5D8126WJ474A9F-91A3.A5AED80E1580 2023 Annual Report Financial Overview Financial Overview In 2023. Al-Hurraya has continued to dellver various projects that began before tttis accounting period and has also launched brand new projects ènd we have experienced signtficani income growth due to the acqulsrtlon of grant fundlng for these projects. Thls funding has meant that Al-Hurraya's operations have expanded, leading to increased st8ffing and project delivery. The Succe of these projects positivety positlons Al-Hurraya for contlnued gro and expansion of OLtrr much needed services. Whllst grant funding has been Instrumental in growth. Tellance on such Ineome sources can create financial Instability. The expanslon of our workforce and project adivities places pressure on the charities resource management capabilities. However. Al-Hurraya focusses on su5tainabilty whereby we focus Securing future funding opporttsnities and utilising other sources of Income such as the delivery of our speciallst trainings and fundraising. We are happy with oui financial position but understand the Importance of bal8ncing giowth and the need to maintain financial stabilty. Al-Hurr8ya needs reseNes to essentialty provide a safety net for the Charty and its operations. Reserves allow the organisation to respond to any financial unforeseen clrcumstances and puts us in a stsble financial P051tion. As an organisation that applies for grant funding. our financial reserves demonstrates our financial prudence to prospective funders. Our tsrget level for reserves is £90,000.00. However. our current level of reseNes are £55.000.00. As a charity that relies heavily on Testricted funding to carry out our operations. thi5 can cause difficuty in building substantial unrestricted reserves. Our staff costs cover a huge proportion of of our expenditure and therefore It is a challenge to cover with unrestrlcted funding. However. there are several strategies we adopt to build our unrestricted funds and mitigate risks. We are diversifying our income stream by growing the delivery of our tralnings. which brings in unrestricted fundlng. We carefully plan and prepare for the closuie of certain projects to 8void financial cllffs. We regularly forecast income and expendlture to Identify potential Shortfalls and adlu5t plans accordingty. By carefully managlng our flnances and exploiing atternalive funding sources. it is possible to bulld reasonable level of restricted funding to reach our tsrget even in a restricied funding environment. Page 17 al-htjrraya.org Al-Hurraya
0Ygn Envelwe ID.. 3850812fy89474AgF-91A>A5AED80E1580 @ 2023 Annual Report Statement of TTU5tee5' Responslbllltles Statement of Trustees, Responsibilities The Trustees are re¥nSIble for preparing the Trustees. report and the financial ststements In accordance th the United Kingdom Atcountlng Standards (Unr(ed K(ngdom Generalty Accepted Accounting Prectlcèl and appllcable law and regulatlons. The law applicable to charitles requires the Trustees to prepare flnanclal statements for each financial year whlch give a Irue and 18lr view of Ihe state of affairs of the ch8rty and of the incomlng fe50urces and appllcation of resources ol the charrty for that period. In preparing these financial staiemènts. the Trustees are requlred to.. Select 5uitsts accountlng pollcies and then appty them conslstenty. ObseNe the method5 and prlnclples In the Charltles SORP, Make judgements 8nd estimates that are reasonable and prudenL' State whether applicable èccounting standards have been fomowed. subject to any matert81 departures dlsclosed and explalned in the financial statements., and Prepare the financial statements on the golng concem basls unless 15 Inapproprlate to PTesume that the chorlty S11 contlnue In buslness. The Trustees are responsible for keeping proper accounting records that dlsclose wlth ie8son8ble accuracy at any tjme the flnanci81 position of the charity 8nd en8ble them to ensure that the flnanclal statements compty with the Charitles Act 2011. the Charitses IAccoLJnts 8nd Reports) Regulations 2008. and the provlslons of the constftutlon. The Twstees are also responslble for sofeguardlng Ibe ets of the charlty and hence for tsking reasonable steps for the prevention and t1etettion of ftaud and other irregulorlties. The Trustees ale responsible for the maintenance and integrty of the corporate and financial information Included on the charttable compan¥s websTte. Legislation goveming the preparation and dlssemln8tlon of flnanclal statements may drfler from legislation in other jurisdictions. 10123/2024 Approved by the Twstees of the charty on ............ . ..and signed on Its behalf ty. Shazla All Trustee Page 18 abhurraya.org AkHurraya
Doojsign Envdopp ID". 3B5D812PA9474A9F-91A3-A5AE080E1580 @ 2023 Annual Report Independent Examiner Report Independent Examiner Report To the rustees of Al-Hurraya I report to the Trustees on my examlnation of the accounts of Al-Hurr8ya (the Charttyl for the year ended 31 December 2023. Responslbllltles and basis of report As the Trustee5 of the charity you are responsible for the preparation of the accounts In accordance w(th the requlrements ot the Charltles Act 2011 (the Act'i. I report in respect of my examinatlon of the Charws accounts carrled out under sectlon 145 of the 2011 Act and Sn carrying out my examlnation I have followed Jll the 8ppllcable dliè¢Uons glven by the Charity Commlsslon under sectlon 14515llbl of the Ad. Independent examlner'$ statement Slnce the Charlty's gross Income exceeded £250.000 your examlner musl be a membef of • body Ilsted in sectlon 145 01 ihe 2011 Act. I confirm that l am quallfle(I lo undert8ke the ex8mlnallon because l am a member and Fellow of the Assoclatlon of Charlty Independent Examlners, whlch Is one of the Ilsted bodles. I hove compleleé my exarnlnatlon. I conflrm th8t no matters have come lo My attentlon In connectlon wtth the examlnatlon glvSng me cause to belleve that in any material respect.. 1. Accountlng records were not kept In respect of the Chaity as iequlred by secllon 130 of the Act: or 2. The accounts do not accord vAlh those records; or 3. The account5 do not compty wlth the accountlng requirement5 concernlng the form and content of accounts set out In the Charllies IA¢counts and Reports) Regulations 2008 other than any requirement that the accounts glve e 'lrue and 18ir' view which Is not a matter considered 85 part of an Independent examlnatlon. I have no concerns and have come across no other matters In connectlon wlth the examlnatlon to whlch Itention should be drawn in thi5 ieport in order to enable a proper underst8ndSng of the accounts lo be reached. John O'8rl•n MSC. FAIA, FCCA. FCIE, Communlty Accounting Plus Fellow of the Association of Charlty Independent Examlnèrs Unlts 1 & 2 North West 41 Talbot Street Nottlngham NG15GL Dete.. 10/2412024 Page 19 althurraya.org Al-Hurraya
Dttuwgn Envdcye ID.. 3B5D812M9474A9F-91&•ED80E1 @ 2023 Annual Rept ststemeErt of linttncial Activltles Statement of Financial Activities for the Year Ended 31 Dec. 2023 T#1 2023 I'ot¥l 2022 UNr•trkled Re¥ted IKomc EndoTntn15 from: IMnalii)ns thn(I ILwi C'han'thble tIvItieS 54J96 !44.3L? 54.396 716.413 177,945 312,637 472.051 Tot•1 IncqJm¢ 298.758 4.52 Lxpindituft BaisinB I"un( C'harilJbl¢ aL1iviiies 19 R.S121 4.A13 •89.158 434.691 7?3.849 TIKI EXmIll¢ 47.1 movement in fuTK15 Keconrllliiop of fmndj .1 imal tunds br(Nkht l(xiwd 49.05X 105.977 88.720 T(K¥l fun&. fonvar41 15 All of the rl]arrtYs l¥IeS (kn kn Crtin¥ opuu¥y Ihllin8 th¢ two Ni(xts, funds br¢ak{k) for th¢ F¢nryJ is in no 15. Contlnued - Page 20 athUrra.0g Al-Hurraya
Dc£u&gn EnvaW10". 3B5D812M9474A9F41AMSAED80E1580 @ 2023 Annual Report Stalemenl of Financial Activ¢ties Statement of Financial Activities for the Year Ended 31 Dec. 2023 'llwse are tbc for the preious ¢¢LWthtiD% Perm 1 Are l#duded for(omp#ratlve prpse3 To141 2022 Lnrtstrtrltyl Incomt Tr¢l EndoThments fnbm: Lxxu. lions arKI legiKies C'hariiable actiiiÈ¢s 177.945 13.775 29A.X62 .112.637 191.720 298.86? 490.582 Lxptnditurc 0. Raisingp luMIs C'haritable actiYirie5 19 18.$121 18.$121 4(A.X13 1464.81.1 Total LxThjIlUye 8.512 4fv1.813 473.325 et inci>nx.,lex1mIireI Cir()SS luNIs 183,208 1_14.1$0 I Ib5,9.$11 134.1.$0 17.257 ei mi'emeni in fits5 49.U58 131.8011 17.257 It&Yvnr61i¥tion of fwid5 fuThls bmughi lomrd Tal fiumls cled li)rward 88.720 15 P8g• 21 al-hurraya.org Al-Hurray8
Docusign Envd¢po ID.. 3B5D812U9474A9F-91A3-ASAED8DE1580 2023 Annual Report Balance Sheet Balance Sheet as at 31 Dec. 2023 IRe%istration number: 1167038) Balance Sheet as at 31 Deeember 202J 2112.1 2022 F-iied 55¥1S 3.072 3.84 C-urrent ass¢is iII.SIK) 17.854 y4.()32 L'lsh 31 bank in hand Is? ?xx C'r¢dilors: Arnount$ flling dut 111 ier 13 ?.4?31 1(1.741) oi ¢Mrrtnt assffls IU? 137 a%seis 10S.477 Funds ofthe charill.: Restricted iD¢ome fuAds Resirilicd IUJMIS 15 $6.41 I'presirlcied income funds L'nre51na¢d I'unds 4k) US I'o¢l funds 15 S!.917 10/2512024 Th¢ financial 41¢DIen1¥ pag¢s •Q 10 34 w¢re approicd by lh¢ Iru%te¢5. 4Th1 duihonbed for LSSU¢ on sigiiLd iin ih¢iT bchall-by.- Laurcn Llradford I'ru4le¢ Page 22 akhurraya.org Al-Hurvaya
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Docusyn Envdope ID.. 3BSD812H9474A9F-91A3-A5AED80E1580 @ 2023 Annual Report Notes to Financial Slatement5 Notes to the Financial Statements for the Year Ended 31 Dec. 2023 Accounting policies ststement of compllance The financial Statements have been prepared in 8cco¥dance with the second edition of the Charittes Statement of Recommended Practice issued in October 2019, the Financial Reportln9 Standard applScable in Ihe Unsted Kingdom and Republic of Ireland IFRS 1021 and the Charrfties Act 2017. Basis of preparation Al-Hurraya meets the definition of a public benefft entlty under FRS 102. Assets ond Ilablllties are Inltlally re¢ognlsed at hisloTical cost or transadon value unless otheThvise stated In the relevant accounting pollcy noles. Exèmptlon frorn Preparing a c•sh flow statement Under the exemptlon avallable to smaller charft(es the Board of Trustees has chosen not to Include a Statement of Cash Flows within the financial ststements. Going concern The financial statements have been prepared on a going concern basls. The Trustees assess whether the use of going concem is appropriale i.e. whether Ihere are ary mate¥i81 uncertainties related to events or cOndonS that may cast signficant doubt on the ability of the charity to contlnue as a going concern. The Trustees make this assessment in respect ol a perlod of one yeaf from the date of approval of the financial stjlements. Income and endowments Voluntary income including donations. gifts, legacies and gTants that provlde core fundlng or are of a general nature is recognlsed when the charity has entitlement to the income. it is probable that the income will be Tecetved and the amount can be measured with sufficient ieliabilty. Grants rrfelvable Grants are recogni5ed when the charity has an entitlèment to thè funds and any cond¥lions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met. the income is recogni5ed as a liabilfty and included on the balance sheet as deferred income to be released. Expenditure All Èxpenditure is recognlsed once there Is 8 legal OT construciive obllgation 10 that expendlture. ¢1 Is probable settlement is required and the amount can be measured reliably. All costs ale 8llocated to the applicable expendituye heading that aggregatès similar eosts to that category. Where costs cannot be directly attributed to partiCLJlar headings they have been allocated on a basis conslstent with the use of resources. with central staff costs allocated on the basis of time spent. and depreciation charges allocated on the portion of the asset's Use. Other support Costs are allocated based on the spread ol staff costs. Continued Page 24 althurraya.org Allurr8ya
Dc¢us9n Envelop8 ID.. 385D812W474A9F-91A3-ASAED80E1580 @ 2023 Annual Report Notes to Financial Ststements Notes to the Financial Statements for the Year Ended 31 Oec. Raising funds These are costs incurred in attracting voluntsry income, the management of inve5trnents and those Incurrecl ill trading activlties that raise funds. Charblable activities Charitable expenditUTe comprises those e05ts incurred by the charity in the delivery of its activlties ond services for its beneficiaries. tt includes both costs that can be allocated directly to such actlmties and those costs of an Indiréct nature necessaryto support them. Government grants Government grants are recognised based on the accrual model and are measured at the fair value of Ihe sset recebved oi recewable. Grants are classlfied as relatlng ekher to revenue or to assets. Grants relating to revenue Bre recognised In Income over the period in which the related costs 8re recognised. Grants relating to assets are recognlsed over the expe¢red useful Ilte of the asset. Where part of a grant relatlng to an asset Is deferred. It Is recognised as deferred Income. Taxatlon The charsty is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore It meets the definltlon of a ch8rKable company for UK corporation tax purposes. Accordlngly. the charity Is potentially exempt from taxation in respect of income or capit41 gains receivèd within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Art 1992. to the extent that such income or gains are opplied exclusivety to charitsble purposes. Tanglble fixed assets Individual fixed assets costing £SOO.00 or more are Initialty recorded 8t cost. less any subsequent accumulated depreciation and subsequent a¢cumulated Impairment losses. Depredatlon and amortlsation Depreciation is provided on tangible fixed assets so as to write off the cost or valuation. less ary estlmated residual value, over their expected useful economic life a5 follows.. Asset class Furniture & Èqulpment Depreciation meth¢xl and rat• 20% straight line Trade debtors Trade debtors are amounts due from custorne for merchandlsè sold or seNlces perfomied In the ordlnary course of buslness. Continued Page 25 al-hurraya.oig Al.Hu¥raya
DKusiyn Envdow ID.. 3BSD812&89474AgF-91A3A&4ED8OEI580 @ 2023 Annual Report Notes to Financial Statemènts Notes to the Financial Statements for the Year Ended 31 Dec. 2023 Trade debt0 are recognised initialty at the transactlon price. They are subsequently measured at amortised cost using the effective interest method. less provision for Impairment. A provision for the impalrment of debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables. Cash and cash equlvalents Cash and cash equivalents comprise cash on hand and call deposits, and othei short-term highty liquid investments that are readily convertible to a known amount of cash and are subject to an insigntficant risk of change in value. Trade credltors Trade creditors are obligatlons to pay for goods or serwces that h8ve been acquired in the ordinary course of business from svppliers. Accounts payable are classifled as current liabilities if the charity does not have an unconditional right. at the end of the ieporting period, to defei settlement of the creditor for at least twelve months after the reporting date. If there is an uncondition81 right to defer settlement for at least twelve months after the Teporting date, they are presented as non-current liabilities. Tfade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method. Borrowings Inlere5t-bearlng borrowings are in5tially recoTded at fair value. net of transact5on costs. InteTest- bearing borrowing5 are subsequently carried at amortised cost. with the difference between the proceeds, net of transaction costs. and the amount due on redemption being recognised as a charge to the over the period of the relevant borrowing. Interest expense 15 recognised on the basis of the effective interest method and 15 included in interest payable and simil8r charges. Borrowings are classified as current liabilitie5 unless the has an unconditional right to defer settlement of the liabllty for at least e1ve months after the reporting date. Fund structure Unrestricted income funds are general funds that are available for use at the Trustees, discretion in furtherance of the objectives of the charity. Restricted income funds are those donated for use in a partlcular area or for specific purposes. the use of which is restricted to that area or purpose. Continued Page 26 al-hurraya.org AlVrraYa
0gn Envelope ID.. 3BsD8129474A9F-gIA3-ASAED8oE1580 @ 2023 Annual Report Notes to Financial Statements Notes to the Financial Statements tor the Year Ended 31 Dec. 2023 Pensions and other post-retirement obligations The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are pèld into a pension fLtnd and the charity has no legal or constructive obligation to pay further contributions even rf the fund does not hold sufflclent 3ssets to pay all employees the beneflts relating to employee seNice in the current and prior perlods. Contiibutions to defined contribLrtion plans are recogni5ed in the Statement of Financlal Actimties when they are due. If contribution payments exceed the contribution due for Service, the excess is recognised as a prepayment. 2 IDcome fronj donAtion$ k%A(ies Unn%trirted runds Ceaerl Ttstxl 2023 2022 Cffani& including capi] grdni5.' Crt)v¢mmenl grJnts Cjrants from oth¢r charities 21.67fS 32.718 54.-19& 21.67A 32.7111 54.19fi 177.94.S 177.94.5 3 Inrome from ch#Tl¢able ttfvltles Unrcstri£lal (IlD(L% Coneral Re5trirt¢d fumth Tot 2023 Total 2022 Grants S¢coThlmeni rets Ckhei fecs 472.051 472.051 220.592 2.1.77 71(Tr.413 298.R62 220.592 2.1.770 244.3()2 472051 .112.037 Continued Page 27 ttkhurraya.org Al.Huiray
Docusgn Envdy ID.. 3B5D812W9474A9F41A>KS4EtAOEIWJ @ 2023 Annual Reprxt Notes to Financial Statement5 Notes to the Financial Statements for the Year Ended 31 Dec. 2023 4 C•rafjls don•t UnrI¢l¢d RNlrkt¢d Totsl funds s PoiiLr & cri cummissner aliiThl Lultery C'ortYnIfY Fund HS l.iKuMlativn'fntsi Tri¥ngle TnL tkthy C'ily Cwmil Lloy(K. Elank FLMu¥Jaiion IKiillbihum C'ity C'ouncil NLH Cl)ariiy 186262 101.458 186,262 101.4511 29.521 45.170 29.521 21.671 33.(rfAI 8.403 .iJ,a 16.1?1 7.718 kniry d<)naliLX tmgh4m Rttov(ry %'ctw(Yk 12.977 Re#ri¢ted Tot*1 2012 2• Activiiies Adminislrnli(xi Cowjscllu 81276 35.040 81276 35A)40 172 20.491 8.512 20.491 494 494 2&461 537.425 14.910 Research 26.461 101734 14.916 4J4.691 -167,229 97.584 Conunued - Page 28 ahUn8ya.org Al-Hurraya
Dwjsign Envdopelo.. 3B5D8l2W474A9F-91AM5AEDEl @ 2023 Annual Report Notes to Financial Statements Notes to the Financial Statements for the Year Ended 31 Dec. 2023 6 let iDeomiDyJLvtyin% rtsourtts el In¢oming reswrc¢s l(x year I].. 2023 2022 orrixed awts 768 7 SIAff ¢05ts The aggrtge payroll c(ws were Ls folhm IN0 tha c(xnp¥Thtive figwes for %rre avaiia)ki: 2023 Siaif¢os¢s duritt% th¢ )ear Wa&pes a1 &iian"es xiai securiiy C15 Pension coAs 36.148 $37.425 The nthlY airraBe nunknofpu%xts lirtluhng le) eowoyal irythe charity during the • follows.. 2023 2022 aff 1112022. 11) of & aljove enyloyets nIc1mI&l in tkfineJJ Bcnefii Pensi(ffl Sd 40 qryjloyee rLT¢iv&I ¢nhlnor nmxr £(QIYXIkn"ng the y The totsl bafits key nMna8c of the clwiry wue £1.9]8.(202l not available) 8 IndcpcDdent nJknr's fees tknng the p(1. the fees paya>k lac1 VAD to dwlly'5 uxk C(KThnunity Acwunting Pliis lire analysed a5 Ivllow3.' 2023 2022 Continued Page 29 al-hurrtya.org AbHurrayo
OouJswJn Envew ID.. 3B50812fy89474A9F41A>ASAEfJ1 @ 2023 Annual Report Notes to Flnanclal Statements Notes to the Financial Statements for the Year Ended 31 Dec. 2023 9 Tx¢lts "lThc chanty IS 4 rSre chAn"ty I1 is trKrtloreexenV fr(xn I11(L 10 T*n2llJk fixed •JKtI FMrnlt¥tt •nd equipmen¢ Toial C'rfl At l Jw)uary 2023 Ai 31 L)ecember 2023 3.140 3.1140 Dcprtrlltlon C'haTbJL lur th¢. Ai I l Lkcember 2023 768 768 7611 768 et book I'alue Ai 31 DeMr 2023 -1.072 At 31 Demb¢r 2022 I I tkbtor• 2023 2022 Traik (kb¢ors Clhcr d¢lxors 3Q500 1.785 16.009 30JIIO 12 CAsb and rA%b tquinlertts 2023 2022 Cth on ha1 C'&%h * bank 1.653 120.135 ?1.788 C¢Jntinued - Page 30 althuffaya.org Al-Hurraya
Oo¢ugn Envdope ID.. 3BSD812649474A9F-91.A5AEDeOE158O @ 2023 Annual Report Notes to Financial Statements Notes to the Financial Statements for the Year Ended 31 Dec. 2023 13 Crrditors." mount¥ f#llinR due within Trf#r 2023 2022 Trade creditors otr crcditor5 10.749 2.423 14 ObliKalion5 under and hire prthr footrnrls Operatln% leajo cornmltmct T(Aal future minimum lease paymenL% r Dellable oFrra¢ing leases are ColloM'5: 2023 2022 land and buiklln ithin onc >'eai BLnveen one at)d five yca 2.515 2,515 Continued Page 31 al.hurraya.org Al-Hurraya
DrXjJsn Envdope ID.. t289474A9F-9l>5AED8(1 2023 Annual Report Notes to Financial Slatements Notes to the Financial Statements for tne Year Ended 31 Dec. 2023 IS fr'unds Blxncc It 2023 IKominp rcsourcr5 Bl¥nft 131 l)rrcnibi'r 202.1 expind LDreslrictiYl funds Cl¢ tiuMI 49.058 98,758 ?89.1581 SX.h$8 14¢strietcd fundi 48.414 189.158 11.7(M) 41.159 C'L)IinsLlliiib Traiiiii) A1hJiiil Suiwl Sii)all l¥iiitit LXIiTiiNli¥ Viiil¢nr¢ lJ.7(X)I 14.?591 14.1X)01 14.7hll TnJnglc Mentin ()th¢T restrLLILd fimds 14.761 Total rc51ridtd 47.0$1 14_U.6911 94.•79 Toi41 (nd# IO<.L)77 770.109 7?1.1141) 1S?917 B1¢1. •131 Ik¢cmhor 2022 l#nct •1 I 2022 rcwyrcr5 Trnslers l.-thrL'stri¢ted fund5 CJenera] fuTh] 191.7?0 18.5121 11.M.1501 49.048 Rf%lrictLTrd Other r¢sincd fund5 Xll.7?0 4)$.80 461.R13 $6.919 l 01*1 funds Continued - Page 32 akhurraya.org Al-Hurraya
2023 Annual Report Notes to FlnancFal Staternents Notes to the Financial Statements for the Year Ended 310ec. 2023 The specific purposes for which the funds are to be applied are as follows.. Mentoring.. Our mentoring support Is for young people faclng a rènge of challenges. Our mentors help young people navigate these challenges, develop thelr social skills, improve relationships with others and overcome negative feelings and emotions. Counselling= Thls fundlng covers the cost for our cultUTalty sensitive coun5elling seNice. This seNice provide5 personalised support to meet the unique needs of each of our clients. Tralning.. Thls fund is for the development delivery and planning of our specialist training. Our training upskills various organisations with a strong focus on cultural competency and awareness. Addiction Support.. This funding is for several specialist workers to provide specialist addiction support to indTwduals seeking addiction servlce5. Small Projects: this is a collection of small grants for speclflc one off purposes and the related expenditure. Domestic vlolence.. This funding is to deliver dedicated ernotional and practical support seNices for survivors of domestic and sexual abuse and violence. This semce provide counselling and support work. Prevent-. This funding allowed us to work with vulnerable young people in Derby who may be at risk of fadicalisation and exiremlsm. We provided counselllng sUPPOrt. mentoring support as well as groups workshops gnd cricket games. Street Garne5- We used this money to dellver diveislonary boxing Sessions. development workshops and mentoring to 12-17 year olds to increase fitness and raise awareness around various issues impacting young people such as knlfe crime, Sltbstance misuse and many more. Triangle Trust Mentoring.. This funding was for the delivery of menloring for young males involved in or at risk of involvement in the criminal justice system. Other restricted funds: This represents restricted funds from 2022 for which no breakdown wa5 available. In the prior period. the transfers from the General fund to the restricted funds were to cover the deficits on this actlvity. Contlnued Page 33 81.huiraya.org Al-Hurray
@ 2023 Annual Report Notes to Financial Statements Notes to the Financial Statements for the Year Ended 31 Dec. 202 223 Toi•l funds Cltneral Tangrbl¢ fixed a$5thS 3.07? 5K(IYJ -1.1)72 i.s? ?sx C'urrent lialIties Tthal r1 a55ets 5X.65¥ iM.279 1 S?.y17 LArestrirted 2022 TotAI lund5 erxl R¢slri¢ied rangjblc fiAed Jssds Ilrrcni as5e15 i.S40 44.967 3.¥4U 56.919 urreni liabilili¢S 10.74431 IU.74Y [al nei &ssets 56.914 105.477 17 R¢lled parti. ¢r•Ds¢tions There w¢rt no relad party trdn5athios in the yeai. IM Trns¢¢es remuneriiOA •4d eipen5es No i¥usi¢¢& nor any persons cOnrled "Ith them. hale rt¢th¥ed an ianurmiim IriKn ik" chaTiib dunng ihe v&ir. No ITlee& have retti%'¢d any reimbws¢d eXn5¢S or other bencfiis from Charitv dunng th¢ year. 19 Lxptndilure on raisin% foNds Cosis of trdiAR •¢iii'iti¢s Tfyi 2023 T11 21122 "undrni$ing ir*4ing cosis". JthLr t'undraising i0515 Page 34 akhurraya.org AkHurraya