Charlty R9glslrallon No. 1170486
SEVENSPIKES RELIEF
SEVEN SPIKES RELIEF FOUNDATION
(Charitable Incorpor8led Organisationl
ANNUAL REPORT AND AUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

SEVEN SPIKES RELIEF FOUNDATION
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr Abdul Gaffar Khalri
Dr Al-Rehan Dhanji
Mr Bozlur Rahman
Mr Faizal Lalloo
MrTalhetAnwar
Dr. Razwan Siddique
Chalrperson
MrTalhetAnwar
Chief executive officer
Dr Mahmoud Ibrahim
Charity number
1170486
Prln¢lpal addre$$
Unit 1
Alexander Charles House
Stslion Passage
South Woodfoid
London
E18 1JL
Auditors
Walden Way & Co
Unit A3, Gateway Tower
32 Westem Gateway
London E16 1YL
Bankgrs
Lloyds Bank Pl¢
C(>Operative Bank

SEVEN SPIKES RELIEF FOUNDATION
CONTENTS
Page
Trustees, report
Independent auditor's report
9-11
statenEntOffinar￿d
12
Balan￿ sheet
13
Cash fknv Stat￿Ent
14
Notes to the financial statemts
15-22

SEVEN SPIKES RELIEF FOUNDATION
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The Trustees present their report and financial slalements for the year ended 31 December 2023.
The financial statements have been prepared in accordance with the accounting poliaes set out in
note 1 to the financial stslemenls and comply with Seven Spikes Relief Foundation Relief Foundation'5
governing document, the Charities Act 2011 and °Accounting and Reporting by Charities.. Statement
of Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 las amended
for accounting periods commencing from 1 January 20161
Objectives and activities
Seven Spikes Relief Foundation was established as a charity for the public benefit to promote the
education, general charitable purposes, relief of thosè in lage, disability, ill-heallh, financial or
other disadvantage) and prevention or relief of povety of the people in the underdeveloped
regions in such a way as charity Iruslees think fil including by..
Providing help and relief to people under abject poverty in destitute areas in third world
untries,
Sponsoring and financially supporting orphans and widows having no or insufficient income,
Providing cost of essential medical help for Ljrgent cases that cannot afford medical expenses,
Funding income-generaling projects lo help the needy earn their living,
Supplying of basic goods (food, clothes, essentials etc.) for those in dire need,
Providing educational help and service for children and individuals for free or al subsidized
prices.
Establishing educational and health centres of charitable nature in disasters afflicted
areas and underdeveloped communities.
The Trustees have paid due regard lo guidance issued by the Charity Commission in deciding what
activities Seven Spikes Relief Foundation should undertake.
Our strategy for the achievement of these objects is to identify areas where emergency or priority aid
is required the most and then to establish projects that will help meet those needs. We then fundraise
for such projects and establish them on the ground through field partners and with the help of our own
local volunteers and workers. We assist and monitor project delivery and success throughout the period
assessing thè level of need lo ensure the beneficiaries are receiving the aid which is relevant and
impactful and donor funds are being used ethically to maximum effect.
Use of Voluntaers
The Charity is grateful for the unstinting work of its volunteers who are involved in the servi
provision and fundraising aclivilies. The trustèes provide their services voluntarily and without
remuneration lo promote Seven Spikes Relief Foundation's activities in the UK and abroad. The
trustees would like lo acknowledge the tremendous efforts of the volunteers and many supporters of
the charity for their continuous support in helping Seven Spikes Relief Foundation to achieve its
objectives.
Financial Review
During the period ended 31 December 2023, Seven Spikes Relief Foundation generated incoming
resources of £1,141,170 and expensed resources of £837,054. Seven Spikes Relief Foundation
Continued lo generate voluntary income during the period, in form of general donations, Zakah funds,
as well as charitable collections from the public and fundraisers at mosques to enable the Charity to
fulfil ils objectives.
The resLJlts of financial statements show a surplLJS of £304,116 compared to a deficit of £70.201 in
previous financial period, Donations and Income is increased from £738,458 to £1,141,170 for the
period, benefiting from the expansion of the Charity which resulted in re￿Iving an increased number of
donations from new and existing donors and increased number offundraisers at mosques and a number
of fundraising challenges undertaken by trustees and the Charity's supporters. Consequently, the
trustees are pleased with the performance of fundraising strategies.

SEVEN SPIKES RELIEF FOUNDATION
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
Reseryes Pollcy
11 is the policy of the charity that the unrestricted funds which have not been designated for a specific
use, be maintained at a level equivalent to at least 2 months running expenditure. The trustees
consider that the reserves maintained al this level will ensure that in the event of a significant drop in
fijnding they will be able to continue the charity's current activities while consideration is given to
ways in which additional funds may be raised.
Going Concern
The trustees consider the charity lo be a going concem, wth strong funding pipelines and robust
financial controls in place.
Risk Managernent
Ttuslees have assessed the key risks facing the charity and implemented systems to miligale them,
including..
Financial Risks are mitigated through a diversified income base, dear internal controls, regular
budget monitoring, and maintenance of appropriate reserve levels. These measures ensure the
charity can continue lo meet ils commitments even in the event of income volatility.
Operatlonal Rlsks are addressed through robust internal policies, comprehensive staff and
volunteer training, implementslion of safeguarding procedures, and adherence lo health and
safely stsndards. The charity also maintains contingency plans for project delivery in high-risk or
conflict-affected regions.
Regulatory and Compllance Rlsks are actively managed through routine reviews of charity
law, GDPR requirements, financial reporting obligations, and best practice guidance issued by
the Charity Commission. The Board ensures that policies remain up lo dale and that all reporting
and govemance obligations are met in a timely and transparent manner. Regular legal and
regulatory reviews, including GDPR, safeguarding, and health & safety.
Taken together, these controls allow the charity to operate confidently and responsibly in a dynamic and
challenging global environment.
Future Plans
The charity aims lo".
Expand services to all sectors of Society
Launch a new programme focused on eradicating hunger.
Invest in fundraising and donor stewardship to increase unrestricted income.
Improve digital infraslrudure and data analysis capabilities.
Remuneration Policy
The trustees are responsible for setting the overall remuneration policy for the charity. The charity aims
lo offer fair, competitive and appropriate levels of pay lo attract and relain staff wth the skills and
experience necessary to deliver its charitable objectives effectively.
Public Benefit: Achievement and performance
The Trustees confimi that they have referrèd lo the Charty Commissions, general guidance on Public
Benefit when reviewing and shaping the charity's aims and objectives. The charity wort(s to ensure that
ils programs are Inclusive, accessible and responsive lo the needs of the beneficiaries.
In a year of global hardship, Seven Spikes Relief Foundation stood with communities in crisis, delivering
critical aid and restoring dignity to thousands across nine countries. Here's a snapshot of what your
support made possible..

SEVEN SPIKES RELIEF FOUNDATION
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
Palestine
In Palestine, Seven Spikes Relief Foundation distributed thousands of food parcels throughout the year,
including dedicated Ramadan packages. Displaced families received hundreds of hot meals, vegetable
packs, and cooked rice with meat. Monthly cash stipends were issued to support hundreds of orphans,
and zakat aid was provided lo families in financial distress. The charity funded hundreds of surgical
procedures and supplied first-aid kits lo injured civilians. Additionally. school supplies, uniforms, blankets,
and nylon roofing were distributed lo families in need. Fresh Qurbani meal was shared during Ei&ul-
Adha, and an aid truck, Stocked with food, medicine, and clothing, was sent from Egypt lo the Rafah
border.
Turkey
In response lo the devastating earthquake that struck Tutkey and parts of Syria, hundreds of emergency
tents and blankets were provided lo offer shelter and warmth lo homeless families who had lost
everything. In addition to emergency housing support, hundreds of food packs and hot meals were
distributed to those In need, ensuring that displaced individuals and families had accèss lo essential
nourishment. This aid also included special provisions during Ramadan, helping affected communities
observe the holy month with dignity despite the hardship they faced.
Yemen
Hundreds of food parcels and Eid meal distributions were provided to ensure families could celebrate the
occasion with dignity and joy. To address daily water needs and support livestock, a solar-powered well
was installed, offering a sustsinable and reliable source of clean water. Monthly support was also
extended to orphans, widows, and the elderly, helping lo ease their financial burdens and improve their
quality of life. In addition, dozens of income-generating projects were launched, empowering families with
the tools and opportunities needed to achieve self-sufficiency and long-temi stability.
Bangladesh
Forty-five orphans were provided with comprehensive care, including housing, education, nutritious
meals, and round-the-clock support, ensuring they grow up In a safe and nurturing environment. Qurbani
meat was also distributed lo needy families, allowing them lo share in the blessings of the occasion and
meet their nutritional needs. Looking ahead, planning is already undenNay for the 2024 food distributions,
aiming lo reach even more vulnerable communities with essential support.
Egypt
Financial support was extended to hundreds of widows and orphans, including Syrian refugees, helping
them meet their basic needs and providing a sense of stability during difficult limes. In celebration of Eid-
ul-Adha, meal was also shared with poor families, ensuring they could partake in the festivities and enjoy
nutritious meals during the sacred occasion.
Pakistan incl. Kashmir
Regular stipends were provided to hundreds of orphans and widows, offering them consistent financial
support lo manage daily expenses and live with dignity. In response ID natural disasters, financial aid
and food assistance were delivered to families affected by flooding, helping them recover and rebuild
their lives. Full meals and Qurtjani meal were also distributed lo ensure that vulnerable communities had
access lo essential nutrition during critical limes. Additionally, a borehole with a pump was installed al
Madrasa Ayesha Lilbanat in Mardan, providing students and staff with a reliable source of clean water.
Afghanistan
Food packs and Qurbani meal were distributed lo impoverished families, ensuring they had access lo
essential nourishment and could partake in the blessings of Eid with dignity. To address the critical need
for water in dry regions, a community well was constructed lo serve five villages, providing a vital and
sustainable source of clean water lo hundreds of residents in arid areas.

SEVEN SPIKES RELIEF FOUNDATION
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
Kenya
Monthly stipends were provided to hundreds of individuals and orphaned children, offering them
consistent financial support lo cover essential living needs. In addition, continuous dislribulions of food
packs and Qurbani meat helped ensure that vulnerable families had regular access lo nutritious meals.
To combat water scarcity in drought-affected areas. several hand-pump wells and a solar-powered
borehole were installed. significantly improving daily life for local communities. A new Masjid was also
built. accompanied by a 24(ilometer water supply system to benefit surrounding villages. Further
humanitarian efforts included aid for flood victims, medical support for the sick, zakat distribution to the
needy, and the provision of Eid clothing to bring joy to children during festive celebrations.
United Kingdom
Regular financial assistance was provided lo help ease the burden on struggling households, ensuring
they could meet their basic needs. Medical expenses for a disabled intemalional patient were also
covered, offering vital support in a lime of hardship. The foundation contributed lo the upkeep of local
mosques and supported community initiatives, including Friday prayer services and discounted events
that brought people together. During Ramadan. Seven Spikes Relief Foundation organized for numerous
skilled Quran reciters from the Arab world to lead nightly prayers in mosques across the UK. enhancing
the spiritual atmosphere and bringing communities closer through meaningful worship.
Watch Our Work In Actlon
Explore short videos of these projects on our YouTube Channel".
htt s'.Ilwyvw.
oulube.comlchannellUCK 3HVPnVlf90VkENze2N9Qlvideos
Structure, governance and management
Seven Spike5 Relief Foundation Is managed by ils governing document, which is signed and
agreed by all trustees and constitute the governing dwument of a registered lincorporaledl charity
Organisalion.
The Trustees who served during the period and up lo the dale of signature of the financial
ststements were..
Mr Abdul Gaffar Khatri
Dr Al-Rehan Dhanji
Mr Bozlur Rahman
Mr Faizal Lalloo
Mr Talhel Anwar
Dr. Razwan Siddique
)en appointing new Iruslees to the charity, the board of trustees consider the skills,
knowledge and experien￿ of the individual in making the appointment. All trustees have collective
responsibility, which were possible, is in accordance wth their skills and experience.The
Iruslees meet regularly lo discuss affairs of Seven Spikes Relief Foundation.

SEVEN SPIKES RELIEF FOUNDATION
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
Statement ol Trusto05 R¢spon¥lbllltlo8".
The tlustees of Seven Spikes Reliel Foun¢Jation are Tesponsible for prepariry the Trustees, AnrNal Report
and the financial slalernenls In accordance wlli npplicaNo Inw and t17• Unrted lfj"ngdom Accounting
Standards (The Uniled Kingdom Generally Accepled Accwnling Practicol.
Chants"es Acl 2011 Tequires Ihe Iruslees lo prepare financial 8lalomenlg lor each fina￿la1 year which grve
tnte and fair view ol the siaie of a1111r8 0111)e clianliiblts company and ol Iho incoming rosour¢eg and
8pplication of resources. induding income and expenditure, ol the chwitat48 cclnpany ICK that penod. In
F*ep#nr)g these financial slatemenls, the Injslees Bre requlred lo..
select suitable accounting poI￿leS and then apply them con8iglenily:
ct)seNe the methods and prineiF4e8 in Ihe Charilles SORP.,
make judgements and eslimales that are reason8￿¢ and prudent:
state whelyler applicable UK accounting standard¥ have been fdlrjwed, ¥ubJ'ecl lo any materi
departures
disdosed and explained in the financtal stslements- and prepare the fjnancial statements on the
g￿n9 coneem basis unless 11 Is Inappropriate to piesuma that the charitabfe company will
continue in business.
The tru5tee5 are responsrble tr keeping prcper xcAmting recordsthat thsdosewlh reasonable acoJracy
at any time Ihe finanaal FQSrtion of the charitsble ctlmpany enat4e them lo enswe that the finanaal
statements compty wth the Charities Act 2011. They are 8lso respJn5ible for safeguarding the asset, of
the charrtable company and hence taknng reaSon￿e step5 for the prevention and delecliw of fraud
And other ifTegularitie3.
In so far. the trustees are aware..
There 1$ no rdevant audit ithxmaiion of t*hlch the ¢hwitat4e eompary'8 8uditors are unawaie..
and
The twstees have taken all steps that they ought to have laken lo make thernselves aware of
any relevant audit Information and to èstablish that the audftors ara aware of that information.
The Irustees, re￿ was approved by the Bowd ol Twslees.
Mr Faiz¥l Lajloo
Twstee
0at8d.' 04 June 2￿25
Mr Talhet Anwar
Tnjsiee
Dated.. 04 June 2025

SEVEN SPIKES RELIEF FOUNDATION
INDEPENDENT AUDITORS REPORT
TO THE TRUSTEES OF SEVEN SPIKES RELIEF FOUNDATION
Oplnlon
We have audited the financial statements of Seven Spikes Relief Foundation (the 'charity'l for the year ended 31
December 2023, which Comprise the Statement of Financial Activities, Balance Sheet, Cash Flow Slalemenl and
related notes lo the Financial Stslemenls, including a summary of significant a¢counting poli¢ies. The financial reporting
framework that has been applied In their preparation is United Kingdom Accounts"ng Standards, comprising Charities
Act 2011 and SORP - FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and
applicable law (United Kingdom Generally Accepted Accounting Practicel.
This report is made solely lo charitable organization's trustees, as a body, in accordance wth section 144 of the
Charities Act 2011. Our audit work has been undertaken so that we might slate to the charity's trustees those matters
we are required to state to them in an auditor's report and for no other purpose. To the fullest extent pemiitted by law,
we do not accept or assume responsibility lo anyone other than the charitable company and its trustees as a body, for
our audit work, for this report, or for the opinions we have formed.
In our opinion the financial statements..
give a true and fair view of the slate of the charity's affairs as at 31 De￿rnber 2023 and of its results for the
year then ended, expect the comparatives which have not been audited.,
have been properfy prepared in accordance with United Kingdom Generally Accepted Accounting Practice,.
and
have been prepared in accordance with the requirements ofthe Charities Act 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicable law.
Our responsibilities under those standards are further described in the Auditors responsibilities for the audit of the
financial statements section of our report. We are independent of the charily in accordance with the ethical requirements
that are relevant lo 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 obtained is sufficient and appropriate lo provide a basis for our opinion.
Conclusions relating to going concern
We have nothing lo report in respect of the following mallers in relation lo which the ISAS IUKI require us lo
report to you where..
the trustees use of the going concern basis of accounting in the preparation of the financial statements is not
appropriate., or
the Iruslees have not disclosed in the financial statements any identified material uncertainties that may ¢asl
significant doubl about the charity's ability lo continue lo adopt the going concern basis of accounting for a
period of al least twelve months from the dale when the financial slalements are aulhorised for issue.
Oplnlon on othgr mattgrs prgscrlbgd by thg Charltles Act 2011
In our opinion, based on the work undertaken in the Course of the audit..
the information given in the Trustees, Report for the financial year for which the financial statements are
prepared is consistent with the financial statements,. and
the Trustees. Report has been prepared in accordance with applicable legal requirements.

SEVEN SPIKES RELIEF FOUNDATION
INDEPENDENT AUDITORS REPORT
TO THE TRUSTEES OF SEVEN SPIKES RELIEF FOUNDATION
Matters on whlch we are requlred to report by exceptlon
I n the light of our knowledge and understanding of the Company and ils environment obtained in the course of
the audit, we have not idenb'fied material misstatements in the Trustees. Report.
We have nothing lo report in respect of the following matters where the Charities Act 2011 requires us to report
lo you if, in our opinion..
adequate accounting records have not been kept, or returns adequate for our audit have not been received
from branches not visited by us," or
thefinancial statements are not in agreement with the accounting records and returns.. or
certain disclosures of Iruslee's remuneration specified by law are not made., or
we have not received 811 the infomalion and explanations we require for our 8udil.
We have not audited comparalives120221, hence we cannot express opinion on the comparatives.
Responsibilities of trustees
As explained more fully in the page 6, the trustees are responsible for the preparation of the financial slalemenls and
for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is
necessary to enable the preparation of financial statements that are free from material misstatement, whether due to
fraud or error.
In preparing the financial slalements, the Iru51ees are responsible for assessing the charity's ability to continue as
a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of
accounting unless the trLJStees either intend lo liquidate the charity or lo cease operations, or have no realistic
alternative bul to do so.
Auditor's responsibilities for the audit of the financial statements
Our objectives are to Dbtain reasonable assurance about whether the financial statements as a whole are free
from material misslatemenl, whether due to fraud or error, and lo issue an audito¢s report that includes our opinion.
Reasonable assurance is a high level of assurance, bul is not a guarantee that an audit conducted in accordan
with ISAS IUKI will always delecl a material misstalemenl when il exists. Misslatemenls can arise from fraud or
error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence
the economic decisions of users taken on the basis of these financial slalements.
As part of an audit in accordance with ISAS IUKI, we exercise professional judgement and maintain
professional skepticism throughout the audit. We also..
Identify and assess the risks of material misslalemenl of the financial statements, whether due lo fraud or error,
design and perform audit procedures responsive to those risks, and obtain audit evidence that Is sufficient and
appropriate lo provide a basis for our opinion. The risk of not dele¢ling a material misstslemenl resulting from
fraud is higher than for one resulting from error, as fraud may involve Collusion, forgery, intentional omissions,
misrepresentations, or the override of internal control.
Obtain an understanding of intemal control relevant lo the audit in order lo design audit procedures that are
appropriate in the circumstances, bul not for the purpose of expressing an opinion on the effectiveness of the
charity's intemal control.
Evaluate the appropriateness of accounting policies used and the ￿aSonab1eness of accounting estimates and
related disclosures made by the trustees.
Conclude on the appropriateness of the trustee's use of the going concern basis of accounting and, based on
the audit evidence obtained, whether a material uncertainly exists related lo events or conditions that may cast
significant doubt on the charity's ability lo continue as a going concern. If we conclude that a material uncertainly
exists, we are required lo draw attention in our auditor's report lo the related disclosures In the financial
statements or, if such disclosures are inadequate, lo modify our opinion. Our conclusions are based on the audit
evidence obtsined up to the dale of our auditor's report. However, future events or conditions may cause the
charity to cease lo continue as a going concern.
Evaluate the overall presentation, structure and content of the financial stslemenls, including the disclosures,
and whetherthe financial slalements represent the underlying transactions and events in a manner that achieves
fair presentation.
10-

SEVEN SPIKES RELIEF FOUNDATION
INDEPENDENT AUDITORS'S REPORT
TO THE TRUSTEES OF SEVEN SPIKES RELIEF FOUNDATION
Obtain sufficient appropriate audit evidence regarding the financial information of the entities or business
activities within the charity to express an opinion on the financial statements. We are responsible for the direction,
supervision and performance of the charity audit. We remain solely responsible for Dur audit opinion.
We communicate wth those charged with governance regarding, among other matters, the planned scope and
liming of the audit and signifi'cant audit findings, including any significant deficiencies in inlemal control that we
identify during our aLJdit.
Khalid Aamir Qadri (Senior Slatulory Auditor)
For and on behalf of Vvalden Way & Co Ltd, Statutory Auditor
Dated.. 04 June 2025

## **SEVEN SPIKES RELIEF FOUNDATION** 

## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE PERIOD ENDED 31 DECEMBER 2023**_ 

|||**Unrestricted**|**Restricted**|**Total**|**Unrestricted**|**Restricted**|**Total**|
|---|---|---|---|---|---|---|---|
|||**funds**|**funds**||funds|funds||
|||**2023**|**2023**|**2023**|**2022**|**2022**|**2022**|
||**Notes**|£|£|£|£|£|£|
|**Income from:**||||||||
|Donations and<br>legacies|3|249,886|851,005|1,100,891|185,524|507,058|692,582|
|Other trading<br>activities|4|40,279||40,279|45,876||45,876|
|**Total income**||**290,165**|**851,005**|**1,141,170**|231,400|507,058|**738,458**|
|**Ex�enditure on:**||||||||
|Raising funds|5|57,898||57,898|71,223||71,223|
|Governance costs|5|7553||7,553|750||750|
|Cost of sales -<br>(stock for resale)|5|35,682||35,682|37,012||37,012|
|||101,133||101,133|109,035||109,035|
|Charitable<br>activities|6|66,617|669,304|735,921|29,458|670,166|699,624|
|Total resources<br>expended||**167,750**|**669,304**|**837,054**|138,493|670,166|**808,659**|
|**Net income for**||||||||
|**the period/**||||||||
|**Net movement in**<br>**funds**|14|122,415|181,701|304,116|92,907|(163,108)|(70,201)|
|Fund balances at<br>01-01-2023|14|298,817|12,822|311,639|205,910|175,930|381,840|
|Fund balances at<br>**31 -12-2023**||**421,232**|**194,523**|**615,755**|298,817|12,822|**311,639**|



The statement of financial activities includes all gains and losses recognised in the period. 

All income and expenditure derive from continuing activities. 

The notes on page 15 to 22 form an integral part of these financial statements 

- 12 - 



SEVEN SPIKES RELIEF FOUNDATION
BALANCE SHEEr
ASA T31 DECEMBER 2023
Not••
Flx•d A*••l*
T•ng*4e 8ssel8
3.528
2.250
Current •••el*
Loan rece¢v8119
10
Stoc& IgwJ$ for resdel
11
16.005
21.5rxi
Cash 8t b•r* and In 118ThJ
561.6
2￿.001
627.695
314,$01
Creditry5 I#￿n9 due V*ittin
e year
Nei curr￿# asse
12
(15.489)
{5.112)
611227
309.389
Totsj assèts IM• currnnt
Uabllltles
616.766
311.639
Incom¢ fundi
Unrestricted fvTh18- general
14
421232
194.523
298.817
12.622
14
015,7SS
311.639
The finan(ial statefflents wern aly￿d by ts Tnth on 04 June 2ff25
Mr Fa&il
MITalhelAnvar
TNst••
Tho noles on page 15 to 221[￿ ￿ Ir*ral ofthese ffinanoal slaloments
13-

## **SEVEN SPIKES RELIEF FOUNDATION** 

## **CASH FLOW STATEMENT** _**FOR THE YEAR 31 DECEMBER 2023**_ 

|||**2023**|||**2022**|
|---|---|---|---|---|---|
|**Notes**|£|£||£|£|
|**Cash flows from operating activities**||271,143|||(44,883)|
|**Cash flows from investing activities:**||||||
|Purchase of property, plant and equipment|(2,454)|||||
||||6,990|||
|Disposal proceed of assets||||||
|**_Net cash (sed in) investing actvtes_**||(2,454)|||6,990|
|**(Decrease)/increase in cash and cash**||268,689|||(37,893)|
|**equivalents in the reporting period**||||||
|**Cash and cash equivalents at the beginning**<br>**of the reporing period**||293,001|||330,894|
|**Cash and cash equivalents at the end of the**<br>**reporing Period**||561,690|||293,001|
|||**2023**|||**2022**|
|||£|||£|
|**Reconciliation of net movement in funds to cash flow**||||||
|**from operating activities**||||||
|||308,669|||(70,201)|
|Net movement in funds||||||
|(lncrease)/Decrease in stocks||5,495|||(21,500)|
|(lncrease)/Decrease in debtors||(50,000)|||41,478|
|Depreciation||1,176|||1,478|
|lncrease/(decrease) in creditors||5,803|||3,862|
|**Net cash provided by operating activities**||271,143|||(44,883)|
|**Analysis of cash and cash equivalents**||**2023**|||**2022**|
|||£|||£|
|Cash in hand||561,690|||293,001|
|**Total cash and cash equivalents**||561,690|||293,001|



The notes on page 15 to 22 form an integral part of these financial statements 

- 14 - 



SEVEN SPIKES RELIEF FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023
Accounting policies
Charlty infomiation
Seven Spikes Relief Foundation is an UK registered Charity- The registered office address is 49 Heathcote
Court, Healhcole Avenue, Ilford Essex IG5 OQR.
1.1 Accounting convention
The financial statements have been prepared in accordance with Seven Spikes Relief Foundation's governing
document, the Charities Act 2011 and 'A¢counling and Reporting by Charities." Statement of Recommended
Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable In the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191" Seven Spikes Relief
Foundation is a Public Benefit Entity as defined by FRS 102.
The financial statements have departed from the Charities (Accounts and Reportsl Regulations 2008 only
lo the exlenl required lo provide a true and fair view. This departure has involved followng the Slalement
of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of
Recommended Practice which is referred to in the Regulations bul which has since been withdrawn.
The financial slalemenls are prepared in sterfing, which is the functional currency of Seven Spikes Relief
Foundation. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified lo include the
revaluab'on of freehold properties and to inclLJde investment properties and certain financial instruments al
fair value. The principal accounting policjes adopted are set out below.
1.2 Going concern
Al the lime of approving the financial statements, the Trustees have a reasonable expectslion that Seven
Spikes Relief Foundation has adequate reSoUr￿S to Continue in operational existence for the foreseeable
future. In addition, the Trustees have no intention to wnd the company up in the foreseeable future.
The Trustees consider that there are currently no material uncertainties which impact on the Charity being able
to continue in ils current form. Thus, the Trustees continue to adopt the going cOn￿M basis of accounting in
preparing the financial statements.
1.3 Charltable fund$
Unrestricted funds are available for use al the discretion of the Trustees in furtherance of their charitable
objectives.
Restricted funds are subject to specific conditions by donors as lo how they may be used. The purposes
and uses of the restricted funds are sel out in the notes to the financial slatemenls.
1.4 Income
Income is recognised when Seven Spikes Relief Foundation is legally entitled lo it after any perfomiance
conditions have been met, the amounts can be measured reliably, and it is probable that income will be
received.
Cash donations are recognised on receipt. Other donations are recognised once Seven Spikes Relief
Foundation has been notified of the donation, unless performance conditions require deferral of the amount.
Income lax recoverable in relation lo donations received under Gift Aid or deeds of covenant is recognised
at the time of the donation.
Income from sale in the charity's Ebay shop is recognised al the point of sale. Al trading exerased in the course
of carrying out a primary purpose of the charity.
15-

SEVEN SPIKES RELIEF FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2023
Accountlng pollcles
Icontlnuedl
1.5 Expenditure
Expenditure is rewgnised when il is incurred. Expenditure is reported gross of related income.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured al cost and subsequently measured al cost or valuation, net of
depreciation and any impairment losses.
Depreciation is recognised so as lo write off the cost or valuation of assets less their residual values over theiT
useful lives on the following bases..
Fixtures and fittings
Motor vehi¢le
25Qh on written down value
25Qh on written down value
The gain or loss arising on the disposal of an asset is determined as the difference bebNeen the sale proceeds
and the carrying value of the asset and is recognised in net incomellexpendilurel for the period.
1.7 Impairnient of fixed assets
Al each reporting end dale, Seven Spikes Relief Foundation reviews the carrying amounts of ils tangible assets
to determine whether there is any indication that those assets have suffered an impairment loss. If any such
indication exists, the recoverable amount of the asset is esb"mated in order to determine the extent of the
impairment loss lif any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-lerm liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are
shown within borrowings in current liabilities.
1.9 Financial instruments
Seven Spikes Relief Foundation has elected lo apply the provisions of Section 11 'Basic Financial
Instruments, and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in Seven Spikes Relief Foundation's balance sheet when Seven
Spikes Relief Foundation becomes party lo the contractual provisions of the Inslrumenl.
Financial assets and liabilities are offset, with the nel amounts presented in the financial statements, when there
is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis
or to realise the asset and sellle the liability simultaneously.
Derecognltlon of flnanclal Ilabllttles
Financial liabilities are derecognised when Seven Spikes Relief Foundation's contractual obligations expire or
are discharged or cancelled.
1.10 Taxation
Seven Spikes Relief Foundation is a registered charity and as such is a charity wthin the meaning of schedule
6 of the Finance Act 2010. Accordingly, the Charity is potentially entided to tax exemption under part 11 of the
Corporation Tax Act 2010 or section 256 of the Taxation of Chargeable Gains Act 1992 in respect of income
and gains arising
1.11 DebtOTS and creditors policy
Debtors and creditors receivable or payable within one year of the reporting dale are carried al transaction
price. Debtors and creditors that are receivable or payable in more than one year and not subject to a market
rate of interest are measured at the present value of the expected future receipts or payment discounted at
market rate of interest.
16-

SEVEN SPIKES RELIEF FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2023
1.12 Closing Stock$
As part of the accounting poliaes, Seven Spikes Relief Foundation recognises stock in accordan￿ wth the
Financial Reporting Standard 102 IFRS 1021. Stock includes goods held for dislribulion, resale, or use in
charitable activities. Stock is valued al the lower of cost and net realisable value, in line with FRS 102 guidelines,
and is measured on a consislenl basis across all periods.
The charity use5 the firsl-in, firsl-out IFIFOI method to value stock, ensuring thst the oldest items are used or
sold first. Cost includes all direct costs incurred in bringing the stock lo its present location and condition. Any
stock held for resale is reviewed regularly for impaimienl and written down lo net realisable value where
necessary.
The stock policy is reviewed annually lo ensure compliance wth FRS 102 and best practices in financial reporting.
Any changes in valuation methods or stock handling procedures are disclosed in the charity's financial statements
as part of the accounting policy section.
Critical accounting estimates and judgements
In the application of Seven Spikes Relief Foundation's a￿oUntIng policies, the Trustees are required to make
judgements, estimates and assumptions about the carrying amount of assets and Iiabililies that are not readily
apparent from other sources. The estimates and associated assumptions are based on historical
experience and other factor5 that are considered to be relevant. Actual result5 may differ from these eslimales.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
Donatlons and legacles
Unrestrlcted
Restrlcted
Total
Total
funds
2023
funds
2023
2023
2022
Donations and gifts
249,886
851,005
1,100,891
692,582
249,886
851,005
1,100,891
692,582
For the period ended 31 December 2022
185,524
507,058
692,582
OthertHllng actlvmes
Unrestrlcted
Total
funds
2023
2022
Ebay and web sales
40,279
45,876
17-

SEVEN SPIKES RELIEF FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2023
Raising funds
Unrestricted Unrestricted
funds
funds
2023
2022
Ex
enditures on Fundraisin
Salaries and wages
Rent rates and utilities
Fundraising activities costs
General administrative costs
Travel costs
Clerical and support costs
Depreuation and irnpairmeNI
Bank and finance charges
32,885
4,630
5,950
6,882
297
750
1.176
5,348
35,005
5,599
13,080
5,097
3,592
5.751
1.478
1,671
Expenditure on Fundraising
57,898
71,273
Governance costs
Auditors, remuneration
Independent exarninerfees
Tradin
costs
C05t of sales eBay charity shop
7,553
35,682
37,012
101.133
109.035
Charltable actlvltles
Charitab18 Chaiitable
Expenditure Expenditure
2023
2022
Poor Families support
Food supply
Orphans and widows
Water projects
Education l Medieal
Community Support
Housing I Shelter
Gaza war victims support
General ch8rilable activities
30.999
136,700
99,597
23,600
25,000
81,650
165.000
25,520
147.855
38.791
179,645
238,210
24,715
36,801
33,940
59,145
10,800
77.487
735,921
699,e24
Unrestricted funds- general
Restricted funds
66,617
669,304
29.458
670,166
735,921
899,624
18-

SEVEN SPIKES RELIEF FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2023
Trustees
None of the Trustees lor any persons connected with them) received any remuneration or benefits from Seven
Spikes Relief Foundation during the period.
Employees
Number of employees
The average monthly number of employees during the period was..
2023
Number
2022
Number
Employment costs
2023
2022
Wages and salaries
32,885
35,005
During the period, Key Management Personnel, which comprise the Chief Executive Officer Inon-Trusteel.
The total remuneration of the key management personal during the year wa5 £32,88512022.. £35,0051. No other
benefits in kind or employer pension contributions were provided
Tanglblg flxed assets
Tangible
Assets
At 1 January 2023
Additions I (Disposal)
At 31 December2023
5,622
2,454
8.076
Oepreclatlon and Impalmient
At 1 January 2023
Depreciation charged in the period
Depreciation on disposal
At 31 December2023
3,372
1,176
4,548
Carrying amount
At 31 December 2023
3,528
At 31 December2022
2,250
19-

SEVEN SPIKES RELIEF FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2023
10
Loan receivable
2023
2022
Loan receivable
16,005
21,500
Qarz+Hasna linteresl-free loan) receivable from Canterbury Mosque.
11
Closing stocks
2023
2022
Stock for resale
16,005
21,500
12 Creditors: amounts falling due within one pgriod
2023
2022
Other tsxalion and social security
4,362
1,956
Nel Wages payable
Accruals and deferred income
2,053
9,053
2,406
750
15,468
5,112
13 Related party transactions
The charity donated following ftjnds for the financial period.
Seven Spikes Charitable Foundation, Bangladesh
Seven Spikes Relief Organization, Pakistan Iclosed on July 20231
Seven Spikes Relief Community Based Organisation, Kenya
£30,828
£47,727
£100,000
No trustee or related paty has a financial interest in the recipient organisations, and all transfers were in
furtheran￿ of charitable objectives.
There are no other related party transactions lo report.
-20-

SEVEN SPIKES RELIEF FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2023
14 Charity Funds- Current Year Ended 31 December 2023
Balance at
01-01-2023
Incoming
resources
Resources
expended Transfers
Balance at
31-12-2023
Charity Funds
Unrestrlcted funds
General funds
298,817
290,165
101,133
166,6171
421,232
Restrlcted funds
Aid in Palestine and Gaza
241,393
175,520
65,874
Emergency Relief
Filranah and Zakat
71,061
32,950
38,111
50,827
44,284
51.400
573
Medical & Healthcare
44,099
185
Food & Social
13,972
16,900
2,928
Qurbani
15,236
53,119
15,238
81,650
Education and Mosque
Water & Sanitation
41,477
12,946
8,254
23.800
16,000
654
Widows and Orphans care
Economic Empowerment
160,389
165,497
5,637
529
12,822
192,470
129,067
76,225
Total restricted funds
12,822
851,005
735,921
66,617
194,523
Total funds
311,639
1,141,170
837,054
615,755
During the year. the Trustees approved a transfer of £66,617 from unrestricted to restricted funds. This transfer
represents the reimbursement of programme-related costs initially funded through unreslricled reserves, which
were later identified as eligible to be supported by restricted income received in the same period.
In line ¥Mth donor conditions and intetnal fund allocation policies, a relrospeth.ve review was undertaken, and
relevant project expenditure was reclassified to ensure consistency wth the purpose of the restricted donations.
This is in accordance with the Charities SORP IFRS 1021 and ensures transparency in the allocation of income
and expenditure.
Funds descriptions-
Ald In Palestlne and Gaza
All donations received lo support economic hardship, and humanitarian crisis in the region
Emergency Rellef
Funds lo help people and communities affected by natural disasters learthquakes and floods)
Fitranah & Zakat
Funds to support the poor to celebrate Eid-al-Filr. Zakat funds received are for the relief of poverty
21

SEVEN SPIKES RELIEF FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 DECEMBER 2023
Medical andHealthcare
All the funds received are for providing medical aid including surgical pr0￿dUreS.
Foodandsocial
Funds for food packs and hot meals distribution, including Ramadan aid
Qurbani
Fresh Qurbani meal shared during Eid-ul-Adha
Education andmosque
Funds for rebuilding or repairing schools and mosques and providing education supplies.
Water & Sanltatlon
Funds for life-saving initiatives that provide clean drinking water, safe sanitation, and hygiene facilities
Widows and Orphan's care
Donations for most vulnerable members of society, those who have lost family support due lo war,
disaster, poverty, or illness. These funds provide shelter, food, education, healthcare, and emotional
support.
Economic Empowerment
Donations for helping individuals and communities become financially self-sufficient. These donations
focus on giving people the tools, skills, and opportunities lo build sustainable livelihoods.
1S. Subsequent events
The trustees have considered events occurring after the balance sheet dale up lo the date of approval of the
financial statements. There have been no events that require adjustment or disdosure, in the financial statements.
-22-