REGISTERED COMPANY NUMBER.. 07803945 (Eiigland aiid Wales)
REGISTERED CHARITY NUMBER.. 1171380
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
FOR
WALTHAM FOREI ST NOOR UL ISLAM
Jayson & Co Chaitei'ed Certified
Accountants & Registered Auditors
4 Blenheim Avenue
Gant Hill
Essex
IG2 6JG

WALTHAM FOREI ST NOOR UL ISLAM
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEI AR LNDID 31 DECEMBER 2024
Page
Repoi't of the Trustees
I to12
Repoi't of tlie Independent A udi to i's
13to16
Statement of Financial Activities
17
Statement of Financial Position
18 to19
Statement of Cash Flows
20
Notes to the Statement of Cash Flows
21
Notes to the Financial Statements
22to34
Detailed Statement of Financial Activities
35to37

WALTHAM FOREST NOOR UL ISLAM
RII PORT TO THEI TRUSTIEI S
FOR THE YEI AR ENDED 31 DECEMBfR 2024
The ti'ustees who al'e also directoi's of the charity for the purposes of the Companies Act 2006, present
thei r iepoit togethei. with the financial statements of the chai.ity for the year ended 31 Deceinbei 2024.
The trustees have adopted the provisions of Accounting and Repoi'ting by Chai'ities: Statement of
Recommended Pi'actice applicable to chai'ities pi'eparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ii'eland (FRS 102- effective I
January 2019).
Waltham Foi'est Noor Ul Islam (Noor Ul Islam) was previously registei'ed as a Charity under
registi'ation number 1017780. Following the formation of the Waltham Forest Nooi. Ul Islam
Company, the new company was iegistered as a charity (i'egistration 1171380). The organisation is
also registered in England and Wales under Company n u m b e r 07803945.
Tlll'oughout the history of Noor Ul Islam, various services and activities have been run and held in
ordei. to meet oui objectives and SUPPOL't the local community. Dii'cctoi's (Trustees) give due regard to
the Chai'ity Commission guidance on 'Public Benefit,.
Through the promotion of good quality education and supporting the advancement of Islam, we have
been abl¢ to demonsti'ate how Muslims improve the lives of those in the UK. Interfaith events and co-
opeiation with the local authority, policc and other public bodies have resulted in improvements in the
quality of livcs for those living close by and those furthei afield.
The Organisation decides on which services to provide based on its knowledge and expeiience of
woi'king in the community, by evaluating past services and by consulting with usei's and other
stakelioldeis.

WALTHAM FOREST NOOR UL ISLAM
REPORT TO THE TRUSTEEI S
FOR THEI YEI AR ENDLI D 31 DLI C£1 MBfi R 2024
OBJEI CTIVES ANDACTIVITIES
Objectives and Aims
The promotion of good quality ediication coiitinues to be the niain aini and obj ective of the Noor Ul
Islam.
Following doiiations that it received, Noor Ul Islam continues to piovide an inci'easing niimber of
sei'vices. By offering good education, it is felt that this lielps the community to be rnoi'e employable
and theiefoi'e contributes to the reducing local poverty.
The Organisation also aims to promote a united community. Following local incidents and WOL'ldwide
events, Nooi. Ul Islam Its coiidemnatioii of hate crimcs and has in place specific checks to ensure
external speakers at Nooi Ul Islam ale propei'ly vetted.
The following al'e some of the activiti¢s/seivices provided by Noor Ul Islam:
Full Time Aalimiyyah class - Graduating female Scho[￿s in Islamic Theology
Advisory and inforination seivice
Health pi'omotion and advice
Tea clubs- 'Cliai aiid Chat, sessions
Regul￿. clotlies collection
Youth get-togethers via the Youth Progi'am such as 'Faji' Knights,
School visÉts to the Mosque
Life Saving fiist aid session
Macmillan Coffee Moinings
Full time Islamic Pi'imary School
Full time Pre School
Qui'aii classes foi womeii
Regulai. tall<s and conferences
Regulai. players in congLEgation including anaiiging foi guest Imams for Jummuah players
Zakaat collection and distribiitioii seivice
21 P agj e

WALTHAM FOREST NOOR UL ISLAM
REPORT TO THE TRUST£4 ES
FOR THE YEAR EINDED 31 DLI CEMBER 2024
Significant Activities
NOOR UL ISLAM PROJECTS:
Below is a list of soine of the pi'oject and d¢paitments i'un at Noor Ul Islam.
(l) Aalimiyyah Department
Nooi. Ul Islam Aalimiyyah depaitment i'uns classes aimed at teaching Muslim women 'Islamic Theology,.
This is a five-yeai. coui'se and is one of the few available in the area wheie couises, at this level, are taught.
(2) Funeral services
Nooi. Ul Islam had to temporarily stop providing funeral seivice facilities. Howevei., we continue to work
with othei. funeral directoi's and Mosques tlius facilitating our congi'egation to make use thei'eof, if needed.
(3) Ivladrassa
The Inspire Madrassa, which is also part of Nooi. Ul Islam, holds after-school classes where Quran and
Islamic studies are taught. Thei'e are two Madrassa sessions held at Nooi Ul Islam. The weekday
Madrassa iuns from Monday to Friday from 4:40pm to 6:40pm. The Saturday Madrassa session runs
from l 0.00 am to 12:30pm. Madi'assa also runs a 'Hifdh' class (Quran memoi'isation) from Monday to
Friday fi'om 4..30pm to 7.00pm.
(4) Mosque
This is where the five daily regular prayers, including the main Friday congregational prayer and the
prayers for Eid Ul Fitr and Eid Ul Adha take plac¢. Dui'ing the construction of th¢ new building, prayers
are being held in temporary facilities. Sei'mons and talks given are in English to ensure that this is
undei'stood by cvei"yonc.
(S) Pre-school
The Noor Ul Islam Pi'e-school continues to piovide a bright and healthy environment for the young
children aged three to five years old.
(6) Primary School
Noor Ul Islam Pi'imary School keeps on providing good quality education to boys and girls aged 4 to I l.
Project Rebuild
Sinc¢ 2014, Noor Ul Islam has embarked on the construction of a new complex that will house more
services and provide state of the arts facilities. This new building with its state-of-the-art facilitics will
house more services all
'Under one roof and this will enable the Organisation to meet its objectives in improving the quality of
seivice piovided to the local Community.
The consti'uction is superviscd by the Pi'oject Managei, Kempton Smith Limited, who holds weekly
meetings with the supply chain partners including the Architect, main Conts"actoi'. M & E COnsult￿lt and
othei. Subcontractors.
The Project Manager regulai'ly meets with the Chaii'man to brief him about the progi'ess of work and
piovides feedback and advice wlienevei requested.
The public are also kept infomed of the woi'k progress via announcements in the Mosque and both the
website and social media pages of Noor Ul Islam.
Public Benefit
Nooi. Ul Islam provides Welf￿e, social and educational services to the local community. It works with
othei foiward-thinking organisation in order to pi'ovide better services foi. the community to benefit fi'om.

WALTHAM FOREI ST NOOR UL ISLAM
REPORT TO THI TRUSTli [1 S
FOR THE YEAR ENDED 31 DECEMBER 2024
Strategy
Short Term
The Dii'ectois (Ti'ustees) ensul'e that NooL' Ul Islam contiiiues to sei've the local coniniunity wliilst
providing the same siistainable high-level staiidai'd of selvices.
Long Term
The new building and the facilities to be provided theiein, will undoubtedly conti'ibute to bi'inging
people, of all faiths, of the coinniiinity togetliei..
Volunteers
After going tEu'ough a thoi'ougli checking process, successful volunteei's are inducted into the
Oi'ganisation. It is woith noting that the Oi'ganisation has been constaiitly transfoirned tEll'ough tlie work
of its volunteers. Aieas of lielp by volunteei's incliide stewards at eveiits siich as the Suniinei. Fete, Chai'Éty
Dinner and Iielp with fundraising and suppoitiiig staff and Trustees duiiiig the i'egulai. pi'ayeis.
Achievements and performance during the year:
Some of the activities and events held by Nooi Ul Islam in 2024 are listed below.
These events have enabled the Organisation to achieve its various objectives, including the continued
enhancing of the name of Nooi. Ul Islam both locally and nationally, the pioviding of ediication foi.
childi'en, the pi'omoting of Islam including the sts'engthening ties within the commiinity and developing
interfaith L'elations.
(l) Clothes Collections
In association with 'Islamic Relief , Nooi. Ul Islam oi'ganises clothes collections throughout the year.
These donated items are then sold at the vaiious charity shops of 'lslamic Relief and the pi'oceeds
therefi'om eai'mai'ked for tliose in need.
(2) Dinner event
Nooi. Ul Islam held its annual Chaiity Dinnei. in January 2024. The main objective of this event was to
show to the public the vai'ious achievements of tlie Chai'ity and also pi'ovidc an ideal oppoi'tunity foi. fund
iaising cai'mai'ked towai'ds the consts'uctioii of the new buildiiig.
(3) Health
In association with a local Medical Practice, sessions wei'e oiganised whereby blood tests, flu Jabs and
health advice wei'e made available.
(4) Food sale day
This event was organised in order to iaise funds foi. our emergency appeals. All ieceipts arising from the
sale of food were then doiiated to the poor and needy.
(5) Tea Club
Noor Ul Islam continued to hold foitnightly tea clubs foi. brothel's over 60. Tliese sessions are designed
to provide a platform to bi'othei's to shale theii thoughts and life experiences.
4 | PÉ1LY e

WALTHAM FOREI ST NOOR UL ISLAM
REPORT TO THE TRUSTEEI S
FOR THEI YEAR ENDED 31 DECEMBER 2024
(6) Summer Fete
The annual Summer Fete weekend took place in July 2024 at the Geoi'ge Monoux College grounds in
Walthamstow.
This event served as a place whei'e friends and family got togcthcr. The Summei Fete was organised to
provide entertainment foi. both thc young genei'ation, such as rides for young children, while food stalls,
garment stalls and peifume stalls were set up for adults to visit.
(7) Talks
In association with Macmillan Cancer Support, a coffee moming for women was held in October.
Fundraising Activities
Approach to Fundraising
Donors to Noor Ul Islam can be assui'ed that Noor Ul Islam complies with the iegulatoiy standards for
fundraising. As well as being a registei'ed Chai'ity, we are also registered with the Fundraising Regulator
and, as such, are committed to the Fundraising Promise and the Code of Fundraising Practice.
In order to run Noor Ul Islam, we rely heavily on donations. Primary School and Madi'assa are self-
financed by way of school/sessions fees and any SUL'pluses arising from these depaitments are
eam]ai'ked foi. the impi'ovement of the services provided.
The Pre-school receives funding from the local authority.
Project Rebuild (theproject to build newpremises) is wholly financed through fundraising and donations.
By registei'ing with the Fundralsing Regulatoi, we comply with all the relevant standards set out in them
Code of Fundraising Practice.
We do not use thii'd-party groups for fundi'aising as this is all done in-house.
We have safeguards in place where volunteers help us to protect our suppoiters and the reputation of our
ch￿'[tY.
Our complaints policy explains how an individual can complain. We ieceived no complaints related to
fundiaising in 2024.
In line with the ' Complaints Policy,, any fundraising complaints will be responded to within 21 days. Any
sci'ious complaints are then escalated to the Trustees who will attend to these. We report to the
Fundraising Regulator on the totality of oui. complaints when requested.
Commercial participatorslProfessional fundraisers
At Noor Ul Islarn, no professional fundraisei's are used. Where working staff are involved in fundi'aising
events, thi'ough theii. paid roles, this is made clear to suppoiters.

WALTHAM FOREI ST NOOR UL ISLAM
REI PORT TO THEI TRUSTEEI S
FOR THE YEAR ENDED 31 DECEMBER 2024
Protecting the Public
Well established procedui'es aiid policies to pi'otect viilneiable people are in place. FundiaiseiE
(staff and volunteers) f￿ni11￿ with the Code of Condiict, and they ensuie that the Code is abided by
at all times.
The Oi'ganisation appioaclies iEgular Woi'shippeis, Usei's and P￿.elitslCa1'erS of pupils to support the
fundiaising effoi'ts. An email list has also beeii compiled, ￿ld, whenevei. emails are sent to the people on
this list (using Mail Chiinp), each pel'son is given the option to unsubsci'ibe, In 2018, with the advent of
GDPR, individuals must explicitly agi'ee to join oui. mailing list.
Announcements al'e also made to the congi'egation as to what to ¢xpect fi'om local fundraisers.
Individual voliinteei fundi'aisers are vetted and i'efei'ences obtained. If a peison is accepted as a
volunteei, a photogi'aphic ID card is issued to the newly appointed volunteer to enable hiin/liei' to
fundraise for a fixed peiiod. An official Nooi. Ul Islam i'eceipt book, wliich lias beeii pi'opei'ly recoi'ded,
is also piovided so tliat the doiioi. has a proper i'eceipt for his/hei' doiiations. At the end of that pei'iod,
the receipt boolcs ale retiimed together witli donations collected thiis enabling the recoiiciliation of
donated amounts. Volunteeis bi'iefed about tlie policies and procedui'es of the organisatioii are, and it
is pointed out to tliem to eiisiwe that iio one sliould feel piessured iiito giving money.
Volunteeis and staff are told that it is not acceptable to have an unreasonable intt'usion on a person's
privacy oi to Lise ui]reasoiiably persistent inethods to receive a donation. Any undue presswe on a
peison to give a donation (of money oi. othei. pi'opeity) is not peiinitted.
Financial Review
Financial Position
The Financial Statements that follow relates to Nooi. Ul Islam foi the year to 31 st Decembei 2024.
Oiice these financial statemeiits al'e appi'oved and signed, tliesc financial statenients will then be filed
with both the Cliai'ity Commissioii and Companies Hous¢.
Tlie financial statements will also be made available on the website of NooL' Ul Islam and will be
displayed pi'ornineiitly at the Head Office, Hai'd copies may also be obtained upon written requests.
Reserve Policy
The Trustees monitoi the reserves of the Chai'ity on a iegiilar basis. The Cliaiity aims to maintain tkn'ee
months of overheads as tlie reserves. Tliis ainoiints to £500,000. At tlie yeai end, the charity had
£1,185,615 in geneial iEserves excluding resti'icted funds.
As at 31 December 2024, intei'cst-free loans, pi'ovided by the community, aniount to £4.67m. These
loans, which are made foi specific time peiiods, are i'epayable ovei. a pei'iod of time ￿ld do not affect
the liqiiidity of the Cliarity.
Financial Review
The Finaiicial Statements al'e set out on the following pages, The Finalicial Statements have been
pi'epar¢d in accoidance with the ch￿'itIeS SORPS (FRS 102) "Accouiiting and Repoi'tiiig by charities:
' Statement of Recoinmended Piactice, applicable in the UK ￿]d Republic of Irelaiid and the Companies
Act 2006. The financial stateinents have been pi'epai'ed uiidei the Iiistoi'ical cost convcntioii.
The total funding received in the period amoiinted to £2,582,872. The total L'esources expended weie
£2,010,35 5. The total funds caiiied foi'waid as at 31 St December 2024 wei'e £7,772,009. of wliich
£6,586,394. were i'esti'icted and £1,185,615. weLE unrestt'icted.

WALTHAM FORE4 ST NOOR UL ISLAM
REI PORT TO THI TRUSTII S
FOR THE YEAR ENDID 31 DEI CEMBER 2024
Future Plans
The main aim of Noor Ul Islam is to complete the construction of the new building. This building is
designed to pi'ovide 'a one-stop location, wliere facilities, to meet the needs of the whole community,
will be madc both available and accessible.
However, with rising costs and the difficult economic conditions that continue to prevail and al'e expected
to last for some mole time, thei'e have been unavoidable delays in the completion date. The situation is
continuously monitored and the plan of action, i'elating to the completion of the new building, is
continuously being i'eassessed and reviewed accordingly by the professionals involved in the consti'uction
of thc building, and the Tiustees.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Ch￿'[ty is a company, limited by guarantee, as defined by the Companies Act 2006.
Recruitment and appointment of new trustees
The Trustees, who are i'esponsible for the management and administration of the Charity, al'e listed on
page l O of this repoit. The Board of Trustees include four office Beaiei's.. Chaiiman, Assistant Chaiiman,
Secretary and Ti'easurer.
Ti'ustees are nominated and appointed by the Board of Trustees. To be eligible for trusteeship, the Board
of Trustees will look foi. those people with a wide range of experience in their own fields and who are
dedicated and regul￿lY attend events and functions organised by the Organisation. Trustees are valuable
assets for the Charity because they bring a wealth of experience and knowlcdge of community and
chai'ity work. They also act as watchdogs over the activities of the Charity and provide constructive
advic¢.
Any individual nominated to become a Tiustee is invited to attend the BO￿.d of Trustces meetings as an
observer. They are then intioduced to existing Tiustees and are given an opportunity to aslc infoi'mation
about the chai'ity activities, its aims and objcctives.
When assessing a potential candidate foi. the role of Trustee, the Boaid of Trustees will give due
considei'ation to the pei'son's eligibility to sei've, the skills that the person will bring, his/her personal
competence and expei'ience and specialist knowledge of the potential new Trustee. Prior to conflrmation
of the position of Trustees oi. Governors, a Disclosure and Bari'ing Seivice (DBS) check is cari'ied out in
ordei. to vet the potential candidate.
Nominated Trustees are made awaiE of their duties and responsibilities as Ti'ustees of a Charity under the
Charities Act. They assist on projects and activities, run by Nooi Ul Islam, and are given a task to deal
with on theii. own. Their pcrforniance is i'egulai'ly monitoied, via evaluations and Q & A sessions, cai'i'icd
out by othei. fellow Trustees.
School governors are delegated a certain amount of authority to run the Pi.1m￿Y School. The Board of
Govei'nors meets on a i'egul￿. basis. It ensui'cs that pi'oper rules and policies, which al'e in accordance
with the policies set out by the Department of EducatioT), are in place and implemented. They then L'eport
back to the Board of Trustees. Govei'nors aiE appointed in a simil￿. way to Trustces, with a peiiod of
induction given to allow the Board of Govei'nors to ascertain wh¢th¢r the individual is suitable or not.
Pai'ent Govei'nors are also appointed in a similar manner.

WALTHAM FORLI ST NOOR UL ISLAM
REPORT TO THE TRUSTE4 [1 S
FOR THL Yll AR ENDED 31 DECEMBER 2024
Structure, Governance & Management
The Organisation
Waltham Foi'est Nooi. Ul Islam was established iii 1990 as a place of worship and latei expanded in its
activities which now catei for the iieeds of tlie Muslims and othei's iii the viciiiity. It becaine a
Registei'ed Chai'Èty in 1993.
Its main departments cui'rently compi'ise of a MosqLie, Pie-school, Piimai'y School, Madi'assa, an
Aalimiyyali departnieiit (sy'adiicitingfen7ale scholars in Islaniic Theology) ￿]d a Women's Gi'oup.
The Organisatioii is govci'ned by its Aiticles of Association wliich set out its ainis aiid iiiles.
The Board of DiiectOL'S (Trustees) is ultimately iesponsible for Noor Ul Islani as a whole, The day-to-
day i'esponsibilities are then delegated to Managers and other staff of the different depaitineiits within
the Oiganisation.
Key Personnel
The B0￿d of Diiectors talce an active rol¢ in the majoi decisions of tlie organisatioii. At regular meetings,
Directois will, directly or indii'ectly, discuss and involve themselves iii some aieas of tlie vai'ious
dep￿tMentS to ensllle that Nooi. Ul Islam is opei'ating efficiently and effectively.
Evely Head of Depaitment will plan, organises, and manage his/her respcctivc depaitment and report
back to their sub-comniittees/Boaid.
Management and staff
The management of the OIEanisation is the iespoiisibility of the Trustees who meet foi'mally, at least six
times a year. The day-to-day management of diffci'ent depaitinents, such as the Head Office, Pie-scliool,
PriM￿Y School, Madrassa and Aalimiyyah classes is then delegated to the i'espective Managei's
IHeadteachei' who, in tuin, ale suppoited by admiiiistrative staff, teachei's and Senioi Leadeiship Team
as is the case in the Plim￿Y school.
The Pi'imary School Headteacher attends both the regul￿. meetings of the Boaid of Governoi's and the
meetings of the vaiious Sub-committees.
Mr Aslam Hansa is the Opeiations Manager at the Head Office. Aslam is the son of Mi. Yusuf Hansa
who is the Chaii'man of Walthani Forest Noor Ul Islani.
Mi. Ameen Musbally is the Fin￿lce Managei at Noor Ul Islam.
Mrs Hawa Hansa is the Manager of the PL'e-Scliool. Hei. hiisband, Ubaid Haiisa, is a Tiiistee. Mr Ubaid
Hansa does not paiticipate in discussions and decisions at the Ti'ustees, meetings, which relate to affaiis
of the Pre- school.
Mr Hussain Shefaar is the H¢ad Teachei. at Nooi Ul Islam Priniaiy School. Mi. Umaii Hussain is the
Manager of the Aalimiyyah departmeiit.
All Trustees have independent access to staff, iiicluding those menibci's of staff who ale related to
Trustees.
Remuneration for key peisoniiel staff and the Primaiy School Head Teacher ale based on
pei'foimance m￿lagement rcviews by the BoLlld of Trustees.

WALTHAM FOREST NOOR UL ISLAM
REI PORT TO THE TRUSTE4 El S
FOR THEI YEAR ENDED 31 DICLMBER 2024
Finance
Tlie finaiices of the organisation are disciissed at meetings of the Board of Trustees. The Organisation
also has an Anti-money Laui)dei'ing Policy.
All Tiustees have been made aware of the guidance of the Ch￿lty Comniission on 'Public Benefit,.
The Board eiisui'es that Noor Ul Islam is fully compliant with the guidelines of the Charity
Commission befoie deciding on activities to be undei'taken.
Income raised from the activities of the Oi'ganisation is usually used to covei at least part of their
iunning cost. Gencral iunning costs arc financed through donations and fundi'aising events.
The Pre School. Pi'imary School and Madi'assa genei'ate their own income which al'e used to finance their
activities.
Barclays Bank PIC is the main Bank of the Oiganisation.
STRUCTIURE, GOVERNANCE AND MANAGEMENT
Connected Charities and organisation
Below is the list of some of charity oi'ganisation and establishments with which Noor Ul Islam has a
good woi'king relationship and regul￿'1Y collaboi'ates with:
Action foi. Humanity
Al-Huda UK
British Islamic Medical Association (BIMA)
Human Relief Foundation
Islam Channel and Islam Channel Urdu
Islamic Relief
Lantem of Knowledge School
Leyton Oi'ient Community Gi'oup
Leyton Sixth Form College
Local Members of Pai'liament
London Boiough of Waltham Forest Council and its Councilors
Macmillan Cancer Suppoit
M¢ti'opolitan Police
Muslim Aid
Muslim Chai'ity
Muslim Council of Britain
Waltharn Foi'est Council of Mosques
Whipps Cross University Hospital
Wood grange Medical Centre
Risk Assessment
Possible i'isks facing the whole organisation al'e discussed in the Ti'ustees, meetings. Systcms al'e
legul￿.[Y ieviewed and updated, as and when W￿.ranted, in ordei to dimiiiish and mitigate identified
i'isks as identified by internal control systems.
Whei'e events, beyond the control or anticipation of the Tiustees occur, meetings are held to discuss
how to mitigate the risks, thus ensuring Noor Ul Islam continues to function effectively.
The Ti'ustees also recognise the need to maintain the financial independence of the Charity and continue
to develop income sti'ategics to ensuiE the continuous financial stability of the Charity in the foi'eseeable
futui'e.
91Pag?e

WALTHAM FORLI ST INOOR UL ISLAM
REPORT TO THL TRUSTEI Ei S
FOR THLI YEI AR ENDED 31 Dll CIMBER 2024
REFERENCE AND ADMINISTRATIVf Dli TAILS
Registered Company Number
07803945 (Englaiid aiid Wales)
Registered Charity Number
1171380
Registered Office
711-715 High Road, Leyton, London EIO SAB
Board of Trustees
Trustees
Mi Yusuf Hansa - Chairnian
Mi. Ubaid Hansa- Secietary
Mi Reshad Joomuii - Treasui'er
Mi. Hossen Gogah - Executive Menib¢i'
Mi. Umai. Haiisa - Execiitive Membei.
Mi. Muliammad Haioon Khaii-Executive Membei. (Appoiiited l O May 2024) Mi. Shariff Jenneth-
Hussain- Execiitive Member (Resigned l O May 2024)
Mr Hassan Jamal I(han-Executive Membei, (Appointed 28 Februaiy 2025)
Heads of Departments
Head Iinam-sliaykh Yousuf Patel
Aaliiniyyah Depaitnient- Mi. Umair Hussain
Inspii'e Madrassa - Mi. Zafai. Syed
Operations Managei (at ihe Head Office) - Mi. Aslam Hansa
Finaiice Manager - Mi. Ameeii Miisbally
Pi'e-school Manager - Mi's Hawa Haiisa
Primary School Headteacliei - Mi. Hussain Shefaar
Auditors
Jayson & Co.
Chaitei'ed Cei'tified Accountants & Registered Auditoi's
4 Blenheim Avenue
Gants Hill
Ilfoi'd
Essex
IG2 6JGY
Solicitors
Tlie Oi'ganisation, when required, seeks legal advice fiom Whitefield's Solicitoi's (384-388, Hoe Street,
London E17 9AA).
ACAS and NCVO (National Councilfoi. Voluntaiy Oiganisation) will also be consulted on issues on an
ad-hoc basis.
Nooi Ul Islam has also contracted the services of 'Peninsula' for the pi'ovision of employment advice.
Consultation Team for construction of new building
Architects
Ateliei U W A Aichitects
Office 3
679-691, High Road
Leyton
Loiidon El 0 6RA
101 e

WALTHAM FOREST NOOR UL ISLAM
REI PORT TO THE TRUSTEI ES
FOR THI YEAR ENDED 31 DECLMBER 2024
urve
Kempton Smith
1st Flooi.
Noith Stables
138, Kingsland Road
London E2 8DY
ADMINISTRATIVE DETAILS
711-715 High Road
Leyton
London
EIO SAB
re-
cho
717-723 High Road
Leyton
London
EIO SAB
alimi
nt and Ma
Prima
135 Dawlish Road
Lcyton
London
EIO 6QW
STATLMEI NT OF TRUSTEES, RESPONSIBILITIII S
The Trustees (who for, the purposes of Company Law, are Lilso the Directors of Waltham Foresi Noor
Ul Islam) are responsible for the preparing the Report of the Trustees and the Financial Statements in
accordance with applicable law and both the United Kingdom Accounting standai.ds (United Kingdom
Generally Accepled Accounling Pi"actice-UK GAAP) and Financial Reporting Standard 102 (The
Financial Reporting Siandard applicable in the UK and Republic oflreland).
Company Law requii'es the Tiustees to prepare financial statements, for each financial year, which give a
true and fair view of the state of affairs of the Charity (and of the incoming I'esoui"ces and Lipplicalion of
resources) including the Statement of Financial Activities. In preparing those Financial Statements, the
Trustees arc i'equired to..
Select suitable accounting policies and then apply them consistently.
Observe the methods and principlcs in the Charity SORP.
Make judgements and estimates that are ieasonable and prudent.
State whether applicable accounting stand￿'dS have been followed subject to any matei'ial
departures disclosed and explained in the financial statements.
Prepare the financial statcments on a going concerning basis
The Trustees are responsible for keeping proper accounting records which disclose with rcasonable
accuracy, at any time, the financial position of the charitable company.
These records allow them to ensure that the Financial Statements comply with the Companies Act 2006.
Trustees are also iesponsible foi. safeguarding the assets of the charitable company and for taking
reasonable steps for the pievention and detection of fraud and othei. irregulai'ities.
In so far as the Ti'ustees are aware:
Thei'e is no relevant audit infomiation which the Auditor is unaware of and
The Trustees have taken all steps that they ought to have taken in older to be aware of any relevant
audit information and, by doing so, ascertain that the Auditoi. is aware of any such relcvant information.

WALTHAM FOREI ST NOOR UL ISLAM
REI PORT TO THI TRUSTEI ES
FOR THE YEAR NDED 31 DECEMBER 2024
AUDITORS
Jaysoii & Co.- Cliaitei'ed Ceitificd Accoiintants & Registered Auditoi's, the ciii'lElIt auditoi., will be pi'oposed foi.
i'eappointinent at the foitlicoiniiig Aniiiial Genel'al Mccting.
Tlie i'eport of the Ti'ustees, incoi'porating a sti'at¢gic i'epoit, was appi'oved by the Boai'd of Ti'iiste¢s/ Coinpany
Directoi's on 15tli Septemb¢i' 2025 aiid signed on behalf of tlic Boai'd of Trustees by:
TrusteelDii'e
rector
121Page

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF
WALTHAM fioREST NOOR UL ISLAM
Opinion
We have audited the financial statements of Waltham Forest Nooi Ul Islain (the 'chai'itable company,)
foi. the year ended 31 December 2024 which comprise the Statement of Financial Activities, the
Statement of Financial Position, the Statement of Cash Flows and notes to tlie financial stateinents,
including a s umm ai'y of significant accounting policies. The financial i'epoiting framewoik that has
been applied in their prepai'ation is applicable law and United Kingdom Accounting Standai'ds
(United Kingdom Geneially Accepted Accounting Practice), including Financial Repoi'ting Standard
102 'The Financial Reporting Standai'd applicable in the UK and Republic of Ireland,.
In our opinion the financial statements:
give a tt'ue and fair view of the state of the charitable company's affaii's as of 31 December 2024 and
of its incoming resources and application of resources, including its income and expenditure, foi. the
year then ended.
have been properly prepared in accordance with United KingdoTn Generally Accepted
Accounting Practice, including Financial Repoi'ting Standai'd 102 'The Financial Repolting Standai'd
applicable in the UK and Republic of li'eland and
have been prep￿ed in accoidance with the i'equirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accoi'dance with International Standards on Auditing (UK) (ISAS (UK)) and
applicable law. Our responsibilities undei those standards are fui'ther desci'ibcd in the Auditors,
responsibilities foi the audit of the financial statements section of oui. i'cpoit. We are independent of
a charitable company in accordancc with the ethical requirements that al'e relevant to our audit of the
financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our
othei. ethical responsibilities in accoidance with these requirements. We believe that the audit
evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees, use of the going concein basis
of accounting in the prep￿.atIon of the financial statements is appropiiate.
Based on the work we have pei'foi'med, we have not identified any mateiial uncertainties relating to
events oi. conditions that, individually oi. collectively, may cast significant doubt on the charitable
company's ability to continue as a going concern foi a pei'iod of at least twelve months from when the
financial statements ale authorised for issue.
Our responsibilities and thc i'esponsibilities of the trustees with respect to going concem are desciibed
in th¢ relevant sections of this report.
Other information
The trustees are responsible for the other information, The other inforniation compi'ises the
information included in the Annual Report, othei than the financial statements and our Repoi't of
the Independent AuditOL'S thei'eon.
13 | Pag7e

REPORT OF THE INDII PENDENT AUDITORS TO THE TRUSTECI S OF
WALTHAM FOREI ST NOOR UL ISLAM
Our opinion on the finaiicial statements does not covei the othei infoiniation and, except to the extent
otheiwise explicitly stated in oui. ieport, we do not expiess any foiin of assurance conclusion diei'eoii.
In coniiection with oui. audit of the financial statemeiits, our iespoiisibility is to read the other
infoi'mation and, in doiiig so, considei. whethei. tlie othei. infoi'mation is mateiially inconsistent with the
financial statements or oui. l(nowEedge obtained in the audit oi. othci'wisc appears to be matei'ially
misstated. If we identify such matei'ial inconsistencies OL. app￿ent mateiial misstatements, we ale
requiied to determine whether this gives i'is¢ to a matei'ial misstatenieiit in the financial statements
themselves. If, based on t h e work we have pei'foi'med, we conclude that thei'e is a matei.ial misstatement
of this otliei. inforniation, we al'e L'equiied to iepoit that fact. We have nothing to ieport on in this iegard
Matters on Ivhieh we are required to report by exception
We have nothing to report in iespect of the following mattels where the Chai'ities (Accounts ￿]d
Repoi'ts) Regulations 2008 requiies us to i'epoit to you if, in Ol￿ opinion:
the information giveii in the Repoit of the Ti'ustees is inconsistent iii any mateiial iespect
with the financial statements. or
the charitable company lias not Icept adequate accouiitiiig i'ecords. oi
tlie finaiicial statements are not in agreement with the accounting L'ecoids and retiirns. oi
we have not ieceived all the Ènfol'mation and explanations we ieqiiii'e foi. oui. audit.
Responsibilities of trustees
As explained more fully in the Statement of Ti'ustees, Responsibilities, the trustees (who are also
the dii'ectors of the charitable company for the puiposes of company law) are responsible foi. the
pi'epai'ation of the financial statements and for being satisfied that they give a tiue and fair view, and foi
such intei'nal control as the ts'ustees deteimine is necessai'y to enable the plep￿atIOn of financial
statements that are flee fiom material misstatement, whethei. due to fraud oi erior.
In prepai'ing tlie financial statements, the ti'ustees are iesponsible foi assessing the chaiitable company, s
ability to continue as a going concern, disclosiiig, as applicable, Inattci's i'elated to going concei'n and
using tlie goiiig concei'n basis of accounting unless the ti'ustees eitliei. iiitend to liquidate the c11￿'1tablc
conipany oi to cease opei'ations, oi. Iiave no i'ealistic alteriiative but to do so
Our responsibilities for the audit of the financial statements
We have been appointed as auditoi's undei. Section 144 of the Chaiities Act 2011 aiid i'eport in
accoi dance witli the Act and ielcvant iegulations niade oi. having effect thereundei.
Our obj ectives are to obtain reasonable assu1.￿]ce about whether the financial statements as a whole are
fi ee from material misstatement, wliethei. due to fraud or eri'oi, and to issue a Report of the Independent
Auditors that incliides oui opiiiion. Reasonable asS￿ance is a high level of assui'ance, but it is not
gu￿anteed that an audit conducted in accordance with ISAS (UK) will always detect a material
misstatement when it ex i sts. Misstatements can arise fi'om fraud or erioi and considered mateiial
if, individually oi. in the aggregate, they could ieasonably be expected to infiuence the economic
decisions of users taken on the basis of th￿ financial statements.
The extent to which our pi'ocedures are capable of dctecting iiregulaiities, including fiaud, is detailed
below:

REPORT OF THE INDEI P[4 NDEI NT AUDITORS TO THE TRUSTEES OF
WALTHAM FORE< ST NOOR UL ISLAM
Our approach to identifying and assessing the risks of material misstatement in respect of I￿egULaritIeS,
including fraud and non-compliance with laws and regulations, was as follows:
the engagement partner ensured that the engagement team collectively had the appropi'iate
competence, capabilities and skills to identify oi. i'ecognise non-complÉance with applicable laws and
regulations.
we identified the laws and regulations applicable to chai'ity through discussions with trustees and
other management, and from our commercial knowledge and expeiience of the chai'ity sector.
we focused on specific laws and regulations which we considei'ed may have a direct material effect
on the financial statements or the operations of the charity, including the Companies Act 2006, Charity's
legislation, taxation legislation and data protection, anti-bribery, employment and health and safety
legislation.
we asscssed the extent of compliance with the laws and regulations identified above through
making enquiries about management and inspecting legal correspondence. and
identified laws and regulations were communicated within the audit team regularly and the team
remained alert to instanc¢s of non-compliance throughout the audit, We assessed the susceptibility of
the charity, s financial statements to material misstatement, including obtaining an undeistanding of how
fraud might occur, by:
making enquiries about management as to where they considered there was susceptibility to
fraud, theii. knowledge of actual, suspected and alleged fraud. and
considering the internal controls in place to mitigate risks of fraud and non-compliance with
laws and regulations.
To address the risk of fraud through management bias and override of controls, we:
perfornied analytical pi'ocedures to identify any unusual or unexpected relationships.
Tested journal entries to identify unusual transactions.
assessed whether judgements and assumptions madc in determining the accounting estimates set out in
note I were indicative of potential bias. and
investigated the rationale behind significant or unusual transactions.
In response to the risk of irregularities and non-compliance with laws and regulations, we
designed procedures which included, but were not limited to:
agi'eeing with financial statement disclosures to supporting documentation.
reading the minutes of meetings of those charged with governance.
enquiring about management as to actual and potential litigation and claims. and
reviewing correspondence with HMRC, relevant i'egulatoi's including the Health and Safety
Executive, and the

REI PORT OF THE INDEI PEI NDENT AUDITORS TO THE TRUSTEES OF
WALTHAM FOREST NOOR UL ISLAM
Charity's legal advisors
Theie are inheieiit limitations in oui. audit piocediires described above. The more removed that
laws and i'egulations ai'¢ renioved fi'om fiiiancial ti'ansactions, the less likely it is that we will
become aW￿.e of non- compliance. Auditing standai'ds also limtt the audit pi'ocedures iequired
to identify non-compliance with laws and regulations to enquiiies of the ti'ustees and other
management and the inspection of regulatoi'y and legal conespondcnce, if any.
Material misstatements that arise due to fraiid can be hai'der to detect than those that arise
from en'or as they may involve deliberate concealment or collusion.
A further description of our responsibilities foi the audit of the fEnancial statements is located
on the Financial Reportiiig Council's website at www.frc.org.iik/auditorsresponsibilities. This
description forms part of our Repoit for the Independent Auditors.
Use of our report
This i'eport is made solely to the charitable company's tiustees, as a body, in accordance with
Part 4 of the Chaiities (Accounts and Repoits) Regulations 2008. Oui aiidit woik has been
undertaken so that we might state to the charitable company's trustees those matters we are
reqiiiied to state to them in an auditoi's, report and for no othei purpose. To the fullest extent
permitted by law, we do not accept or assume iesponsibility to anyone other than the chai'itable
company and the chai'itable company's tt'ustees as a body, for our audit work, foi this iepoit,
or foi the opinions we have foi'med
For and on behalf of Jayson & Co.
Charteied Certified Accountants & Registei'ed Auditoi's
Statutory Auditors
Eligible to act as an auditor in tel'ms of Section 1212 of the Companies Act 2006
4 Blenheim Avenue
Ilford
Essex
IG2 6JG
Date: .15, September 2025
16 | Pa g) e

WALTHAM FOREST NOOR UL ISLAM
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
31.12.24
Total
funds
31.12.23
Total
funds
Unrestricted Rcstricted
funds
funds
Notes
tNCOME AND ENDOWMENTS FROM
Donatioiis and legacies
946,732
597,055
1,543,787
1,218,170
Charitable activities
Scliool fees i'eceivablc
Pre School
Madrassa fees
773,450
2,538
112,418
773,450
30,474
112,418
763,540
32,333
106,829
27,936
Otlier cliai'itable activities
Investment income
122,743
122,743
145,307
18
Total
1,957,881
624,991
2,582,872
2,266,197
EXPENDITURE ON
Raising funds
130,988
149,925
280,913
286,923
Charitablc activities
Pi'oject i'ebuild costs
Pi'e Scliool
Charity I'uiining costs
Pi'imary school
Madi'assa costs
26,976
261,393
1,290
26,976
261,513
591,534
730,478
118,941
51,719
210,406
558,919
692,200
3,904
120
590,244
730,478
118,941
Total
1,570,771
439,584
2,010,355
1,804,071
NET INCOME
Transfers between funds
387,110
(49,238)
185,407
49,238
572,517
462,126
Net movement in funds
337,872
234,645
572,517
462,126
RECONCILIATION OF FUNDS
Total funds bi'oiiglit foi'ward
847,743
6,351,749
7,199,492
6,737,366
TOTAL FUNDS CARRIED FORWARD ￿alLo09￿2￿492
Included in Donations and legacies is an ainount of £210,500 being 500/9 of the value of a flat donated during the year.
The notes foi'm part of these financial statements

WALTHAM FOREST NOOR UL ISLAM
STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2024
31.12.24
Total
fund
31.12.23
Total
funds
Unrestiicted Restiicted
fiinds
funds
Notes
FIXED ASSEI TS
Tangible assets
14 2,053,234
9,981,628 12,034,862 11,414,537
CURREINT ASSETS
Stocks
Debtoi's
Cash at bank aiid iii Iiand
15
16
314,909
624,068
7,326
544,549
322,235
1,168,681
376,109
766,953
938,977
551,875
1,490,916
1,143,062
CREI DITORS
Amoiiiits falling diie witliin oiie year
17 1,914J85
3,375,919
5,290,304 (5,208,107)
NET CURRENT ASSETS
(975,408) (2,824,044) (3,799,388) (4,065,045)
CREDITORS
Amoiints falliiig diie aftei. one year
17(i)
463,465
463,465
(150,000)
NET ASSETS
1,077,826
6,694,119
7,772,009
7,199,492
FUNDS
Uni'esti'icted fuiids
R¢sti-ict¢d fuiids
19
1,185,615
6,586,394
847,743
6,351,749
TOTAL FUNDS
7,772,009
7,199,492
The cliaiitable company is entitled to exemption froni audit undei. Section 477 of the
Act 2006 for the Ye￿ ended 31 Decembei. 2024.
ompanies
The mcmbei's have not deposited notice pui'suant to Sectlon 476 of the Companies Act 2006
requiring ali audit of these financial statenients,
The trustees acknowledge their responsibilities for
(a) ensuring that the chaiitable company keeps accounting iecoids that comply with Sections 3 86 and
387 of the Companies Act 2006 and
(b) pi'eparing firAancial statements which give a true and fail. view of the state of affaÈis of the charitable
company as at the end of each financial yeai and of its siii'plus or deficit for each financial year in
accoidance with the i'equiiements of Sections 394 and 395 and which otheiwise comply witli the
iequii'ements of the Companies Act 2006 ielating to financial statements, so far as applicable to the
Ch￿itable company.
The notes foi'in part of thes¢ financial statements
continued...
18 | Pag? e

WALTHAM FOREST NOOR UL ISLAM
STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2024
These financial statements have been audited undcr the requii'ements of Section 145 of the
Charities Act 2011.
The financial statements were approved by the B0￿d of Trustees and authorised for issue on 15
September 2025. and wei'¢ signcd on its behalf by:
Trustee
Trustee
The notes form pait of these financial statements

WALTHAM FOREST NOOR UL ISLAM
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2024
31.12.24
31.12.23
Notes
Cash flows from operating activities
Casli generated fi'oin opei'ations
648,389
308,744
Net cash provided by operatlng activities
648,389
308,744
Cash flows from investing activities
Plircliase of tangible fixed assets
Sale of tangible fixed assets
Iiiterest i'eceived
(246,661)
(428,825)
(i)
18
Net cash used in investing activities
(246,661)
(428,808)
Change in cash and cash equivalents
in tlie i'epoi'ting period
Cash and cash eqiiivalents at the
beginning of tlie reporting pei'iod
401,728
(120,064)
766,953
887,017
Cash and cash equivalents at the end
of tli¢ i-epoi'ting period
1.168,681
766,953
The notes form part of these financial statements
20IPage

WALTHAM FOREST NOOR UL ISLAM
NOTES TO THE STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2024
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM
OPERATING ACTIVITIES
31.12.24
31.12.23
Net income foi. the reporting period (as per the Statement of
Financial Activities)
Adjustments for:
Depi'eciation charges
Loss on disposal of fixed assets
Int¢r¢st received
Decrease in stocks
Decrease in debtors
Increase iii creditoi's
572,516
462,126
22,690
23,873
17,586
(18)
625
(29,014) (267,721)
82,197
72,273
Net cash pj'ovided by operations
648,389
308,744
ANALYSIS OF CHANGES IN NET FUNDS
At 1/1124 Cash flow At 31112124
Net cash
Cash at bank and in hand
766,953
401,728
1,168,681
Total
766,953
401,728
1,168,681
The notes foim part of these financial statements
,Ige

WALTHAM FOREST NOOR UL ISLAM
NOTE FINANCAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
I. ACCOUNTING POLICIES
Basis on preparing the financial stateinellts
The finaiicial statemeiits of the cliai'itable conipany, whicli is a public beiiefit entity undei. FRS 102,
have been pi'epaied in accoi.d￿lce witli the Chaiities SORP (FltThS'Accounting and Reporting by
Cliai'ities: Statenient of Recominended Practice applicable to chaiities pi'epai'ing their accounts in
accoidance witli the Financial Reportiiig Staiidai'd applicable in the UK and Republic of Iieland (FRS
102) (effective l January 2019),, FinarAcial Repoiting Standai'd 102 'Tlie Financial Repoi'ting Standal'd
applicable in the UK and Republic of Ireland, and the Companies Act 2006. The finaiicial statemeiits
have been piepai'ed linder tlic historical cost convention.
Illcome
All income is i'ecogiiised in the Statenieiit of Finaiicial Activities once the chaiity has entitlement to the
funds, it is pi'obable that the incoine will be received, and the amouiit can be measured reliably.
Voluiitaiy income is received by way of donations and gifts and is included in the Statement of Financial
Activities wlieii trust is eiititled to the ieceipt, and the amouiit can be measiired w i t h ieasonable
cei'tainty.
Giants, from local council, al'e recognised in full in the Statement of Financial Activities in the yeai.
in which they ale ieceived.
The value of services provided by voliinteeis is difficult to put a mOnet￿Y value on and thei'efore has
not been included iii accoidance with the Chaiities SORP (FRS102).
Fee Income is i'ecognised on a ieceivable basis. Donatioiis al'e recognised when they are received.
Expenditure
Liabilities ale i'ecogiiised as expenditui'e as sooii as tlieie is a legal oi. constiuctive obligation
committing the charity to that expenditui'e, it is probable that a transfer of economic benefits will be
iequiied in settlement, and the amount of the obligation cali be measuied i'eliably. Expenditure is
accounted for on an acci'uals basis aiid has beeii classified uiider headiiigs that aggregate all costs i'elated
to the category. Whei'e costs cannot be diiectly attributed to particiilar headings they have been allocated
to activities on a basis consistent with the use of resouices.
Governance costs
Tlie chaiity recognises government grants i'clatiiig to the Coi'onaviiiis Biislness Intei'iuption S c h e m
e on accriials basÈs. The grants are i'ecognised in the statenienl of financial activities ovei the period in
which the Ch￿'itY iecognises the i'elated costs for whicli the ￿'ant is intended to compensate.
Government assistance has also been extended by way of the provision of guarantees.
Allocation and apportionment of costs
The methods and principles for the allocation and appoitionment of all costs between the different
activity categories of i'esouices set out above al'e based on the test of whether a cost directly
contt'ibutes to the pai'ticulaL' ielated soui'ce of income. Siich ideiitifiable costs are appoi'tioned to the
specific activity, whereas all other costs al'e allocated to suppoit costs of charitable activities.
Resoui'ces expended include attributable VAT. a pi'opoition of which on the project iebuild is
iecovei'able
221Page

WALTHAM FORESTNOOR UL ISLAM
NOTES TO THE FtNANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2024
I. ACCOUNTING POLICIES- continued
Tangible fixed assets
Tangible fixed asscts are stated at historical cost less accumulated depi'eciation and any accumulated
impairment losses. Histoi'ical cost includes expenditui'e that is directly atti'ibutablc to bi'inging t h e
asset to the location and conditioii necessai'y foi. it to be capable of opei'ating in the mannei intended
by management.
Depreciation is provided at the following annual rates in order to write off cach asset over its
estimated useful life.
Freehold property - 20/0 on cost
Poi'table building - l 00/0 on i'educing balance
Plant and machinei'y - 25 % on cost
The taxation
The charity is exempt from coryoration tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accoi'dance with the charitable objectives at the disci'etion of the
trustees.
Restricted funds can only be used for particular restiicted puryioses within the obj ects of the chai'ity.
Restrictions ai'ise when specified by the donoi. or when funds are iaised for paiticular restricted
puiposes.
Further explanation of the nature and pU￿oSe of each fund is included in the notes to the financial
statements.
Leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a sti'ai ght-
line basis over the peiiod of the lease.
Pension costs and other post-retirement benefits
The chai'itable company opei'ates a defined contribution pension schemc. Contributions payable to
the charitable company's pension scheme al'e charged to the Statemcnt of Financial Activities in the
period to which they relate.
Going Concern
Interest free loans were obtained from various soui'ces. Also, the cui'i'ent assets are exceeded by the
curi'ent liabilities as at the yeai. end. The Ti'ustees are confident that it has sufficient resources and
support fi'om thc community to continue as a going concern.
It is for these reasons that the accounts have been piepared on a going
concerning basis.
231PagFe

WALTHAM FOREST NOOR UL ISLAM
NOTES TO THE FTNANCIAL STATEMENTS - contiiiued
FOR THE YEAR ENDED 31 DECEMBER 2024
DONATIONS AND LEGACIES
31.12.24
31.12.23
Donations
Gift aid
Gi'ant fi'oin Local council
Zakat Fiti'a Fidya and Qurbaiii
Disast¢i' Appeals
Project i'ebLiild
Intci'est donations
Incoine froiii Sadaqa
770,079
79,285
322,274
141,895
43,485
147,647
1,754
37,368
393,063
123,627
374,920
40,693
33,338
224,282
927
27,320
1,543,787
1,218,170
Gi'ants received, included iii the above, are as follows:
31.12.24
31.12.23
School
262,274
374,920
OTHER CHARITABLE ACTIVITIEI S
31.12.24
31.12.23
Siiminei. Fete
Bazaar money and fuiidi'aising
Cliai'ity diniiei.
Arabic English and Aliiiiah Courses
Nikaali & Wedding
Scliool Trips
Sales of iteins
Otliei. Income
20,280
31,446
3,265
37,195
2,885
11,798
3,202
12,672
19,135
33,178
3,427
39,210
760
28,241
13,035
8,321
122,743
145,307
241Pclge

WALTFIAM FOREST NOOR UL ISLAM
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024
INVESTMENT INCOME
31.12.24
31.12.23
Iiitei'est i'eceivable
18
INCOME FROM CHARITABLE ACTIVITIES
31.12.24
31.12.23
Activity
Registration and school
fees
Registration and school
fees
Madi'assa fees
Scliool fees re¢eTvablc
773,450
763,540
Pi'e School
Madrassa fees
30,474
112,418
32,333
106,829
916,342
902,702
RAISING FUNDS
Raising donations and legacies
31.12.24
31.12.23
Zakat Fitra Fidya and Qurbani
Disastei- Appeals
Sadaqa expended
Interest expended
107,134
48,272
118,745
51,826
52
4,423
159,829
170,623
Other trading activities
31.12.24
31.12.23
Purchases
Support costs of schooling
School ti'ips and spoits field
Summ¢i' fete
Chai'ity diniier and Eid paity
Events cost
Fiindraisiiig costs
Books, Inagazines and calendrers
Iftai. expeiises
Mayyat (bui'ial) expenses
883
28,865
35,306
4,089
34,750
5,888
5,844
31,852
23,405
12,455
28,824
16,704
7,844
675
121,084
116,300
A%%re%ate amounts
280,913
286,923
251Pa

WALTHAM FOREST NOOR UL ISLAM
NOTES TO THE FINANCIAL STATEMENTS - coiitiniied
FOR THE YEAR ENDED 31 DECEMBER 2024
CHARITABLE ACTIVITIEI S COSTS
Siippoit
costs (see
note 8)
Dii'ect
Costs
Totals
Project Itbiiild costs
Pre Scliool
Cl)ai'ity I'linning costs
Primai'y scliool
Madi'assa costs
26,976
261,513
531,419
730,478
118,941
26,976
265,521
534,464
783,540
118,941
4,008
3,045
53,062
60,115
1,669,327
1,729,442
SUPPORT COSTS
Govel'nance
costs
Management Fiiiance
Othei.
Totals
Pi-oject i'ebiiild costs
Pi'e Scliool
Cliarity running costs
Pi'iinai'y school
Madi'assa costs
9,973
221,772
68,995
590,274
640
837
36
2,391
568
409
16,166
11,907
29,019
19,636
115,392
26,976
261,513
531,419
730,478
118,941
27,798
431,014
120,000
2,500
891,654
4,241
192,120
581,312
1,669,327
NEI T INCOME4 1(EXPEI NDITURE)
Net iiicoinel(expenditure) is stated aftei. cliai-giiigl(ci'editing):
31.12.24
31.12.23
Depreciatioii - owned assets
Hii'e of plaiit aiid Inacliiii¢iy
Deficit oil disposal of fixed assets
22,690
15,236
23,873
3,090
17,586
37,926
44,549
261 Page

WALTHAM FOREST NOOR UL ISLAM
NOTES TO THE FtNANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024
10. AUDITORS. RLI MUNERATION
31.12.24
31.12.23
Fccs payable to the cliai'ity's auditoi's and their associates foi. tlie audit
of tlie charity's financial stateineiits
6,600
11. TRUSTEES, REMUNERATION AND BENEFITS
There wei'e no trustees, remuncration oi. other beneflts for the year ended 31 Decembei. 2024
noi. for the year ended 31 Decembei. 2023.
Trustees, expenses
Theie were no trustees, expenses paid foi. the year ending 31 Dccembcr 2024 nor for
the year ended 31 December 2023.
12. STAFF COSTS
31.12.24
31.12.23
Wages and salaries
Social security costs
Other pension costs
1,183,419
165,161
52,292
1,140,646
54,735
8,045
1,400,872
1,203,426
The average inonthly nuinbei- of cinployces dui'ing tlie ycar was as follows..
31.12.24
32
40
25
31.12.23
32
40
25
Administration & Caretakci's
Tcaching
Iinain and Madi'assa teaclicrs
97
97
No employees received emoluments in excess of £60,000.
The company consideL'S Its key management pei'sonnel to be ti'ustees. The trustees did not
receive any benefits during the cui'i'ent oi. pi'evious yeai.,
271Page

WALTHAM FOREST NOOR UL ISLAM
NOTES TO THE FINANCIAL STATEMENTS - coiitinued
FOR THE YEAR ENDED 31 DECEMBER 2024
13. COMPARATIVES FOR THE STATEMENT or FINANCIAL ACTIVITIEI S
Uni'esti'icted Restricted
fiinds
funds
Total
ftinds
INCOME AND ENDOWMEI NTS FROM
Donations and lcgacics
696,418
521,752
1,218,170
Charitable activities
activities Scliool fees
rec¢ivabl¢ Pi-e Scliool
Madrassa fees
763,540
1,890
106,829
763,540
32,333
106,829
30,443
Otliei. cliaritable activities
Investinent income
140,104
18
5,203
145,307
18
Total
1,708,799
557,398
2,266,197
EXPENDITURE ON
Raisiiig fLinds
109,687
177,236
286,923
Chai-itablc activities
Pi'oj¢ct i-cbiiild costs
Pi'e Scliool
Cliai'ity riinning costs
Primary school
Madrassa costs
51,719
209,873
3,516
51,719
25 0,406
558,919
692,200
3,904
533
555,403
692,200
3,904
Total
1,361,727
442,344
1,804,071
NET INCOME
Ti'ansfei's bctween funds
347,072
(152,223)
115,054
152,223
462,l26
Net inovement in funds
194,849
RECONCILIATION OF FUNDS
Total fiinds bi'ouglit forward
652,894
6,084,472
6,737,366
TOTAL FUNDS CARRIED
FORWARD
847,743
6,351,749
7,199,492
281 Pase

WALTHAM FOREST NOOR UL ISLAM
NOTES TO THE FINANCIAL STATEMENTS - coiitinued
FOR THE YEAR ENDED 31 DECEMBER 2024
14. TANGIBLE FIXED ASSEI TS
Fieehold
propeity
Portable
building
Plant and
machiiiery
Totals
COST
At l Januai'y 2024
Additions
Disposals
11,512,314
594,985
123,241
90,634
48,030
11,726,189
643,015
At 31 December 2024
12,107,299
123,241
138,664
12,369,204
DEIPRECIATION
At l Janiiai'y 2024
Cliai'ge foi. year
Eliininated on disposal
171,755
8,690
82,681
4,056
57,216
9,944
311,652
22,690
At 31 December 2024
180,445
86,737
67,160
334,342
NET BOOK VALUE
At 31 Decembei" 2024
11,926,854
36,504
71,504 12,034,862
At 31 December 2023
11,340,559
40,560
33,418 11,414,537
Included in freehold pi'operty is freeliold land of £4,644,108 (2022-3.. £4,644,108) which is
not depi'eciated.
Included in freehold propeity is a building under construction at £7,252,691 (2023.. £6,868,206).
15. STOCKS
31.12.24
31.12.23
Stocks
16. DEI BTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24
31.12.23
Trade debtors
Other debtoi's
Prepayments
303,869
340,246
17,687
18,176
18,366
322,235
376,109
291Page

WALTHAM FOREST NOOR UL ISLAM
NOTES TO THE FINANCIAL STATEMENTS - coiitinued
FOR THE YEAR ENDED 31 DECEMBER 2024
17.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24
31.12.23
Social seciii'ity aiid othei- taxes
Otli¢i- cirditoi's
Kai'se Hasana Loans
Accriicd expenses
Defei'i'ed liicome
16,325
3,151
4,686,381
131,171
453,276
15,928
2,310
4,650,397
102,652
436,820
5 290 304
5208 107
Karse Hasana Loans are intei'est fee loans pi'ovided by tlie Community
17 (i) CREDITORS: AMOUNTS FALLING DUE AFTEI R ONE YEAR
Loaii from Adain Holdings Ltd
463 465
150000
The loan is iiitei'est fi'ec and iinseciired with a set repayineiit date in 2031.
18. LEI ASING AGREIMENTS
Miniinuin lease payinents uiidei. non-caiicellable operating leases fall diie as follows:
31.12.24
31.12.23
Witliiii oiie yeai.
Betweeii oiie and five yeai's
3,367
3,367
19. MOVEMENT IN FUNDS
Net
movement
in funds
Ti'ansfers
between
funds
At
31112124
At 111/24
Uni'estricted funds
Uni'esti'icted Fiinds
847,743
847,743
387,110
(49,238) 1,185,615
Restricted funcls
Zakat, Fitra, Fidya and Qurbani
Iiitei'est
Gi'ants from Local borough - Ediication
Disastei. appeal
Umi'ah and Haii facilities
Pi'oject i'ebiiild
(106,424)
3,099
69,019
882
12,051
6,373,121
157,915
(2,669}
214,262
(4,787)
(10,539)
(211)
(21,008)
4,515
40,952
219
262,273
610
12,051
6,270,289
(179,313)
76,481
6?51,748
185,408
49,238
6,586,394
TOTAL FUNDS
7,199,491
572,518
7,772,009
301 P (1 gj e

WALTHAM FOREST NOOR UL ISLAM
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024
19. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows..
Incoming Resources
iesources
expanded
Movement in
funds
Unrestricted funds
Geneial fund
1,957,881 (1,570,771)
387,110
1,957,881 (1,570,771)
387,110
Restricted funds
Zakat, Fitra, Fidya and Quibani
Intei'est
Grants from Local borough - Education
Disaster appeal
Unirah & Haji facilities
Project rebuild
169,832
1,753
262,274
43,485
(11,917)
(4,423)
(48,012
(48,272
157,915
(2,670)
214,262
(4,787)
147,647
(326,960
(179,313)
624,991
(439,584)
185,407
TOTAL FUNDS
2,582,872 (2,010,355)
572,517

WALTHAM FOREST NOOR UL ISLAM
NOTES TO THE FtNANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2024
19. MOVEMENT IN fiUNDS - continued
Comparatives for movement An
funds
Net
movenient
in funds
Tiansfei's
between
funds
At
31112123
At 111123
Unrestricted funds
General fund
Registration and School Fees
Sale of School Uiiiform
Contributioiis towards school tiips
Madiassa Fee
283,571
317,158
419
128
51,618
92,188
153,541
34,288
(52,820)
69
9,227
(142,987)
410,047
417,879
488
4,194
15,135
(5,161)
106,504
652,894
347,072
152,223
847,743
Restricted funds
Zalcat, Fitia, Fidya aiid Qiirbani
(63,371)
Intei'est
3,449
GI￿ltS fiom Local borougli - Education 251,793
Disastei appeal
1,483
Umrah and Hajj facilities
12,051
Project rebuild
5,879,067
(80,718)
427
41,270
(18,488)
144,526
(777)
(38,867)
17,887
437
3,099
254,196
882
12,051
6,081,084
172,563
29.454
6,084.472
115,054
152,223 6,351,749
TOTAL FUNDS
6,737,366
462,126
7,199,492

WALTHAM FOREST NOOR UL ISLAM
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2024
19. MOVEMEI NT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
Incoming Resoui'ces Movement
resoui'ces
expanded
in funds
Unrestricted funds
Genei'al fund
RegÉsts'ation and School Fees
Sale of School Uniform
Coiiti'ibutions towards school trlps
Madrassa Fee
682,528
886,083
(590,340)
(732,542)
92,188
153,541
28,241
111,947
(33,402)
(5,443)
(5,161)
106,504
1,708,799 (1,361,727)
347,072
Restricted funds
Zakat, Fiti'a, Fidya and Qui'bani
Intei'cst
Grants from Local borough - Education
Disaster appeal
Project rcbuild
40,693
927
258,158
33,338
224,282
(121,411)
(80,718)
(500)
427
(216,888)
41,270
(51,826) (18,488)
(51,719)
172,563
557,398
(442,344)
115,054
TOTAL FUIYDS
2,266,197 (1,804,071)
462,126
TRANSFER OF FUNDS
Ti'ansfers from restricted to unrestricted funds were for contributions to ovei'heads
Movement in funds
Unl'esti'icted Funds
l. General funds represent the amounts that trustees are free to use in accoi'dance with trust's
chai'itable
obj ectives.
2. Registration and school fees represent tuition fees receivable fi'om piimary school students
and is expended on day-to-day school i'unning costs.
Restricted Funds
3. Zakaat, Fitra, Sadaqa and Qurbani represents the i'esti'icted donations received for and
expended on specific needs of the geneial public.
4. Restricted funds include grants received from local council, LBW, and are
utilized in d eve l opment of educational programmed for pre-school students.
5. Disaster appeal funds are collected through specific appeals to suppoit people
affected by nati'al disastei. around th¢ woi'ld.

WALTHAM FOREST NOOR UL ISLAM
NOTES TO THE FINANCIAL STATEMENTS - contiiiued
FOR THE YEAR ENDED 31 DECEMBER 2024
19. MOVEMENT IN FUNDS - continued
6. Pi'oject i'ebuilding repl'eseiits the donations i'eceived which contt'ibute tOW￿dS tlie i'ebuilding
of the old pi'emises owned by the trust,
20. OTHER FINANCIAL COMMITMENTS
l) The tt'ust has financial commitments to biiilding new pi'emises to mect the needs of the users.
As a i'esult of the cui'rent econoniic climate, both mateiial costs and labour costs have increased
and ale expected to increase in the foreseeable futui'e, As a mattel. of prudence, the Triistees
have maintained an estimated speiiding of approxiinately £3in (2023: £3m) to complete the
pioject.
21. RELATED PARTY DISCLOSURES
l. Th¢ ts'ust einploys five people who ￿'C ielated to triistees as follows.
2024
2023
nount (£) Amount (£)
Name of Related Party
Relationship
Roles
Ms S Musbally
Mr A Hansa
Sistei
Son
Teachei'_resigned
Office Maiiagei'/
Teache1/ Satiirday
Reception
Pie-school
Finance Manager
Madrassa Teacher
19,008
56,879
19,926
50,505
Mrs H Hansa
Mr A Miisbally
Mis Z Hansa
DaLightei in Law
Bi"otliei'.in-Law
Daughtei in Law
33,222
40,608
8,529
30,990
35,875
7,210
341Pag7e