CHARifi REGISTRATION NUMBER: 1172035
AL-Ikhlas Culture and Education Centre
Unaudited Financial Statements
For the year ended
31 March 2024
SAK2020 LTD.
Chartered Certrfied Accounlants
Broadway House
Broadway
Cardiff
CF24 1PU

AL-Ikhlas Culture and Education Centre
Financial Ststements
Year ended 31 March 2024
Page
Trustees. annual report (incorporating the directols report)
Independent examiner's report to the trustees
Statement of financial activities (including income and
expenditure account)
Statement of financial position
Notes to the financial statements
The following pages do not fonn part of the financial statsments
Detailed statement of financial aclivthes
12
Notes to Ihe detailed statement of financial actrvities
13

AL-Ikhlas Culture and Education Centre
Trustees. Annual Report (Incorporating the Director's Report)
Year ended 31 March 2024
The Iruslees, who are also the directors for the purposes of company law, wesent their rewrt and the
unaudited financial stalemenls of Ihe charity for the year ended 31 Match 2024.
Reference and admlnistrativg details
Registered charty name
AL4khlas Culture and Education Centre
Charlty registration numb8r
1172035
Company registration number CE010562
Princlpal offi¢e and registered 16 BaysKle Road
offlce
Cardiff
CF24 SNA
UK
The trustees
MrA Taha
Mr A A Jalal
Independent examiner
SAK2020 Ltd.
Chartered Certified Accountants
Broadway House
Broadway
Cardiff
CF24 1PU
Objectives and activities
' To providing and support Islamic edu(xtK)n through the study of the Quran and Arabi¢ language." To
providing facilities for regular prayer meetings for the Muslim community." To foster inlerfailh
relationships and promoting religiou5 hatmny in Cardiff and the surrounding a￿a by working in
partnership with other faiths. ' To provide assistan￿ to those in need through Islamic counselling an
diswte resolution_
' To provide support io young people through rneans such as leisure time activities.
conducted with a religious ethos in order to develop their capabilitie5.
Aims
The ultimate aim of Al-lkhlas Centre is lo bTing about wider religious and social benefits. It is to
prevent any soThal, psychological or physul hami lo our members, their community and wider
society. We strive to provide a moderale yet continuous Islamic environTnenl for the Muslim
community, parbcularly in Adamsdown. We also aim to contribute toward5 P)rtraying a peaceful image
of Islam in the city of Cardiff ba$ed on our guiding principles_ We aim to ensure that our services are
delivered lo very h￿h standards and wtih professionalism. Therefore, our weekly classes, regular
activities and after school Qur'an dub for children are planned, prepared and delivered lo a high
standard of teaching. We aim to expand and improve our newly estsblished youth club. This will
encourage the youth to integrate and occupy themsefves in an environment that will protect and guide
them.

AL-Ikhlas Culture and Education Centre
Trustees. Annual Report (Incorporating the D1￿Cto￿S Report) (¢wfrNy
Year ended 31 March 2024
Achlgvements and perfommnce
Al-lkhlas Centre was established to fu￿[ the growing demand for education classes, a Friday and
Ramadhan activities space. and other culturavreligious activities in the area thal lacks the presence of
such an Islamic community centre. We seek to ¢reate a GCA Almighty centric. spiritualty balanced,
peaceful and prosperous Cardiff, where all CA)mmunilies respe¢t each other and work together for the
common good. Al-lkhlas Centre is dose to a bUrgeC￿1ng asylum seeker ￿MMUnty and a recent
refugee cornmunty.
Therefore, by default Al-lkhlas Centre quieuy assists the integration of asylum seekers and
refugees, helps them build new futures in Wales and creates a harmOn￿uS society. This is achieved
by prowding them with a safe environment where they can find shelter and sanctuary, both socially
and religiously. Furthernv)re, A-lkhlas Centre is the onty rrwue in this wtral and densely popuLar
8rea in which Muslims are considered a large majorty.
Al-lkhlas Centre managed to pur¢hase 92 Bft)thMy during the year. This buikling will te used for
ladies, actNiiies. The main centre (￿ 88 and 90 Broadway) is 95% completed and may open for the
worshipper in Juty 2022.
Plans for future periods
Centre is planning to improve 92 Broadway so that il is merged with the new building. F￿1[￿leS al 92
Broadway need immediate improvemenl and centre will start improvement wotk on<2 88 and 90
Broadway is completed.
Reslricled fvnd
This represents funds raised by the Libyan ¢ommunty for the TrLLStee Hassan Hamouda who died in
121091202110 set up a'sadka Jariah" projecl for hB swab"
Small company provl8ion8
This report has been prepared in aCCordar￿e with the proV￿￿n$ appticable to (xjmpanies entitled to
the small companies exemption.
The Irustees, annual report was approved on .....
trustees by..
Mr A Taha
Trustee
MrA AJalal
Ttustee

AL-Ikhlas Culture and Education Centre
Independent Examinerfs Report to the Trustees of AL-Ikhlas Culture and
Education Centre
Year ended 31 March 2024
We report to the trustees on our examination of the financkgl statements of AL-Ikhlas Cultijre and
Education Centre I'the charity'l for the year ended 31 March 2024.
Responsibilities and basis of report
As the charity's trustees you are responsible for the preparation of Ihe a¢¢ounts. The Charity's trustees
consider an audit is not required for this year {under $43 {31 of the charit￿s Act 1993 (the Acti.
It is our responsibility lo-.
1. Examine the accounts (under s43131 la) of the 1993 Act)
2. Follow the procedures laid down in the General Direcbons gwen by the Char'ty Commissioners
under section 43 171 Ib) of the ACL and 3. to stste whether particular matters have come to our
attention.
Having satisfied ourselves that the charity is not subject to audrt under company law and is eligible for
independent examination. il is our responsibiljty lo..
' examine the accounts under section 145 of the 2011 Art.
. tD follow the procedures laid down in the generdl Di￿tionS gwen by the Chartty Commission under
section 145151(b) of the 2011 Act, and
' to state whether particular matters have Come to our attenbon.
Independent examlnerfs statement
We have (x)mpleted our examination. We confimi that no matters have come to our attention in
connecb'on with the examination gNing us cause to bdieve"
accounting records were not kepl in respect of the charity as required by section 386 of Ihe
2006 Act.. or
the financial statements do not accord with those records: ar
the financial statements do not comply wtth the ac¢ounting reqU1￿mernts of section 396 of
the 2006 Act other than any requirement that the a¢¢ounts give a 'true and fair, view which
is r￿t a matter considered as part of an independent examinatTron" or
the financial stalements have not been prepared in ac(x)rdance with the methods and
principles ol the Statement of Recommended Pracb'ce for accounting and reporting by
charities applicable lo charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of I￿land IFRS 1021.
We have no concerns and have come across no other matters in connection with the examination to
which attention should be down in this report in order to enable a prO￿r understanding of the
accoun15 to be resched.
2020
In
ependent Examiner
SAK2020 Ltd
Chartered Certified Accountants
Broadway House
Broadway
CF24 1PU

AL-Ikhlas Culture and Education Centre
Statement of Financial Activities
(including income and expenditure account
Year ended 31 March 2024
2024
Unrestricted
funds Total funds Total funds
2023
Income and endowments
Oonations and legacies
Total In¢ome
138.177
138,177
229,623
138.177
138,177
229,623
Expendlture
Expenditure on charitable activities
Total gxpenditure
58.310
58.310
58,310
58,310
94,734
94,734
Net income and net movement In funds
79.867
79.867
134,889
Reconciliafjon of funds
Totsl funds brought forward
Total funds carried forward
1.129.720
1,129.72D
994,831
1.209.587
1,209,587
1,166,630
The slalement of financial activities indudes all gains and 105ses recogni5ed in the year.
All income and expendrture derive from continuing thities.
Thè notès on pages 6 to 10 form part of these financlal statemènts.

AL-Ikhlas Culture and Education Centre
Statement of Financial Position
31 March 2024
2024
2023
Flxed assets
Tangibte fixed assets
1.154.161
1.156.483
Current assets
Cash at bank and in hand
77,231
77,231
1,231,392
54,237
54,237
1.210,720
Net Current assets
Total assets les8 Current liabilitlgs
Credltors: amounts lalllng due after more than one year
Nel assets
10
21.805
81,000
1,129,720
1,209.587
Funds of the charfty
Unrestricted funds
1,209,587
1,209.587
1,166,630
1.166,630
Total chorlty funds
11
For the year ending 31 March 2024 the thartty wds entiued to exemplK)n from audit under SeC￿n 477
of the Companies Act 2006 rdab.ng to srnall Ix)mpantes.
Directors. responsibilitses:
The members have not requirEd the (L)mpany to obtsin an audit of its financk41 statements for the
year in queslion in accordatKe with section 476.,
The directors acknowledge their responsikn'litses for complying wth the requirements of the Act
wth resp￿1 to ￿CountIng records and the preparation of financial statements.
These financial statements have been prepared in accordance wtth the provis>ons applicable to
companies subject to the small COTnpanies' regime.
These financial statements were approved by the LK)ard of trustees and authorised for issue on
.. iJ/Q.6/£p.4.............., and are signed on behalF ofthe bDard by..
Mr A Taha
Trustee
MrAA Jalal
Truslee
Thè notts on pages 6 to 10 fonn part ofthese finan¢ial stataments.

AL-Ikhlas Culture and Education Centre
Notes to the Financial Statements
Year ended 31 March 2024
Statemènt of ¢crtnpliance
These financial statements have prepared in comp1kin￿ with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,. the Statement of
Recommended Practi￿ applicable lo charities preparing their accounts in accordance with the
Financial Reporting Standard appltable in the UK and Republic of Ireland (FRS 1021 (Charilies
SORP IFRS 102}l and the Companies Act 2006.
Accounting policies
Basis of proparation
The finanaal stslements have been prepared on the historul cost basis. as modified by the
revalu*ion of ￿rtain ffinancial assets and liabil￿eS and investrnent properties measured al fair
value through in￿rne or expenditure.
The financial statements are prepared in sterting, which is the functional currency of the entity.
Going concern
There are no material un￿rtaIntieS about the charity's abilty to continue.
Fund accounting
Unrestricted funds are available for use at the discrets.on of thè trustees to further any of the
charity's purposes.
Designated fvnds are unrestricted fvnds earniarked by the tnJ5tees for particular future proiect or
commilmenL
Restricied fijnds are subjected to restrictions on their expenditure declared by the donor 01
through the terms of an appeal. and fall into one of two sub-classes.. restricted income funds or
endowment funds.
Incoming resources
All incoming resources are included in the staterrEnt of financial activit￿S when enkn'uement has
passed to the charity,. il is probable that the economic beneffts assoaated with the transaction
will flow lo the charity and the amount can be teliably measured. The following specific policies
are applied to particu13r categotie5 of income".
ir￿orne froTll donations or grants is recognised when there is evidence of entitlement to the
grft, receipt is probable and rt5 amount can be measured reliably.
legacy income is recognised when r￿1p1 is probable and entillement is established.
income from donated goods is measured at the fair value of the good5 unless this is
impractical lo measure reliably, in which case the value is derived from the cost lo the donor
or the estimatse resale valye. Donated facilities and services are recognised in the
accounts when received if the value can be reliabty measured. No amounts are included for
the conthbution of general volunteers.
income from contracts for the suppty of seNices is rerA)gnised with the delivery of the
nlracled service. This is claS￿fied as unrestricted funds unless there is a conlractual
requirernent for il to be spent on a partiujlar purpose and returned if unspent, in which case
il may be regarded as restricted.

AL-Ikhlas Culture and Education Centre
Notes to the Financial Ststements {￿ntinued)
Yèar ended 31 March 2024
Accountlng policies
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which (Annot be fully recovered. and is classified under headings of the slatemenl of
financial activities to which it relates..
expenditure on raisiny funds indudes the costs of all fvndraising activities. events,
non-charitable trading activities. and the sale of donated goods.
expenditure on ¢haritable acbvitses indudes all costs incutred by a charity in undertaking
livilies that further its charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the governan￿ of the charity apF(Srtioned to charitable
activities.
other expendilure includes all expenditure that is neither related to raising fvnds for the
charity nor part of its expenditure on chantable activrties.
Al costs are allocated to expenditure categories reflectsng the use of the resource. Direct costs
attributable lo a single activity are all￿ated directy to that activity. Shared costs are apporboned
behveen the activities they contribute to on a reasonable. justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost. and subseqLJenlty stated al cost less any
accumulated depreciab'on and impairment k)sses. Any tsngible assets carried al revalued
amounts are recorded at the fair value at the dale of revaluation less any subsequent
accumulated depreciation and subsequent accumulated irnpairment losses.
An increase in the carrying amount of an asset a5 a result of a revaluation, is recognised in other
recognised gaills and losses, unless it reverses a charge for impairment that has previousty been
recognised as expenditure within the stalement of financial activities. A decrease in the carrying
amount of an asset as a result of revaluab'on. is reCOgn￿ed in other recognised gains and losses.
except to which il offsets any previous revaluab.on gain. in which case the Ios5 is shown within
other recognised gains and loS￿S on the statement of financial activities
Depreciation
Depreciation is calculated so as to write off the cost or valuab'on of an asset, less its residual
value, over the useful economic lrfe of that asset as follows"
Impainnent ol flxed assets
A review for indicators of impairment is carried out al each reporting date, with the recoverable
amount being estimated where such ind￿al0[5 exist. Where the carrying value exceeds the
recoverable amount, the asset is impaired accordingly. PrK>r impairments are 81$0 reviewed for
possible reversal at each reporting date.
For the purposes of impairment testing, when il is not possible to estimate the recoverable
amount of an individual asseL an ests.mate 15 made of the recoverable amount of the
cash-generating unit to which the asset belongs. The cash-genefftting unrf( 15 the smallest
identifiable group of assets Ihat includes the asset and generates cash inflows that largely
independent of the c2sh inllows from olher assets or groups of assets.

AL-Ikhlas Culture and Education Centre
Notes to the Financial Statsments (wnirnu
Year ended 31 March 2024
Accounting pollcles (cl￿1￿￿￿E￿)
Impalnnent of fixed assets (¢onlinuedJ
For impairment testing of goodwill. the g¢x#Jwll acquired in a business combination is. from the
aCquI￿110n date. allocated lo each of the cash-generating units that are expected lo benefit from
the sYnerg￿S of the combination. irrespective of whelher other assets or liabilities of the charity
are assigned to those unts.
Financial inslruments
A financial asset or a finanryal liability is rec(*Jnised only when the charity b￿QMe$ a paty to the
contractual provisions of the instrument.
Basic linarscial instrumenis are inrtially rwni%ed at the an￿Unt receivable or payable including
any related transaction tx)sis.
Current assets and current liabililies are subsequenuy ￿eaSured at the cash or other
consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amrtised cosL
Wnete investments in shares are publi{* traded or their fair value can otherwise be measured
reliably, the inveslment is subsequenuy Measu￿ at fair value with changes in fair value
recognised in income and expenditure. Al other such inveslments are subsequently measuTed at
cost less impairment.
Other financial instruments, including derivatives. are initially recognised at fair value, unless
payment for an asset is deferred beyond normal business terms or financed at a rate of interest
that is not a market rate, in which case the asset is measured at the present value of the future
payments di$￿Unted 2t a mat1(et rate of interest for a similar debl instrument
other financial instruments are subsequentty measured al fair value. with any changes
recognised in the statement of financial xtsvitses, with the exception of hedging instruments in a
designated hedging relaknonship.
Financial assets thal are measured al cost or amortised (x)5t are reviewed for objective evidence
of impairment at the end of each reports.ng date_ If there is objective eviden￿ of impairment, an
irnpairment loss is reccgnised under the appropriate heading in the statement of financial
activities in which the initial gan was recognised.
For all equity instnjments regardless of s￿nI￿nCe. and other financial assets that are
individually significanL these are assessed individually for impairment. Other financial assets are
ether assessed individually of grouped on the basis of similar rJedil risk characteristics.
Any reversals of impairment are recognised immediatety, to the extent that the reversal does not
result in a carrying arTh)unt of the financial asset that exceeds what the carrying amount would
have been had the impairment not prevKsusty been recognised.
Limitod by guarantee

AL-Ikhlas Culture and Education Centre
Notes to the Financial Statements (¢orttinu¢d)
Year ended 31 March 2024
Donations and legacies
Unrestr￿ed Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Donatlons
Donab'ons
other Donab"ons
Gift Aid
125.879
125,879
2tE.625
159,345
32,280
37,998
12.298
12,298
37.998
138.177
138,177
244.623
229,623
Expenditure on charitable activities by fvnd type
Unreslrict&Y Tolal Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Activity type 1
58,310
58,310
72,824
94,734
Expenditure on charitable acltvities by activity type
Activities
undertaken Total funds
directly
2024
Total fund
2023
Activity type 1
58.310
58,310
94,734
Net income
Net income is slated after chargingllcrediti"ngl:
2024
2023
Depreciab"on of tangible fixed assels
9.566
11.345
Stsff costs
The average head cx)unt of empk)yees during the year was Nil {2023= Nill.
No employee re￿iVed employ& beneffts of more than £60.QDO during the year {2023.' Nil).

AL-Ikhlas Culture and Education Centre
Notes to the Financial Statements (contthuedj
Year ended 31 March 2024
Tangible fixed assets
Freehold Frxiures and
property
fittings
Total
Cost
At 1 April 2023
Addib"ons
1.111.098
4.797
57,004
2,447
59,451
1,168,102
7,244
1,175,346
At 31 March 2024
1.115,895
Dèpreciation
At 1 April 2023
Charge for the year
At 31 March 2024
11.619
9,566
11,619
9.566
21,18S
21.185
Carrying amount
At 31 March 2024
1.115,895
1.111,098
38,266
45.385
1.154.161
1,156.483
At 31 March 2023
10. Crgditors: amounts falling due after more than one year
2024
2023
Karz e Hassana
21.805
81.000
11. Analysis ol charitable funds
Unrestrlcted funds
At
31 March 20
24
At
1 April 2023
Income Expenditure
General funds
1.129.720
138.177
158.31 DI
1,209,587
At
31 March 20
23
At
1 April 2022
Income Expenditure
General fund5
994.831
244,623
172.8241
1.166,630
10

AL-Ikhlas Culture and Education Centre
Management Infomiation
Year ended 31 March 2024
The lollowing pages do not fomi part of the financial statements.
11

AL-Ikhlas Culture and Education Centre
Detsiled Ststement of Financial Activities
Year ended 31 March 2024
2024
2023
Income and endowments
Donations and legacies
Donations
Other Donations
Gift Aid
125,879
159,345
32,280
37,998
12,298
138,177
229.623
Total income
138.177
229.623
Expendlture
Expenditure on charltable activities
Volunteer Expense
Bank Charges
Rates & Water
Light & Heal
Repairs & maintenan
Insuran
Food Expense (Feeding Refugees)
serv￿ Charge
Travel & Subsisten
Donation I Zakat
Telephone & Internet
Depreciation
Ramadan Iftar
Printing, Stationery & Postage
Sundry Expenses
Cleaning and Refuse
16.342
256
2.641
14,3061
931
1,213
5,816
189
16,240
273
3,649
6,800
10,744
990
23.621
650
2,795
445
11,345
14.989
260
1,215
718
9,932
600
13.553
125
737
715
58.310
94,734
Total expendlture
58,310
94,734
Net incom¢
79,867
134.889
12

AL-Ikhlas Culture and Education Centre
Notes to the Detailed Statement of Financial Activities
Year ended 31 March 2024
2024
2023
Expendlture on charltable activities
Activity type 1
Activities undertaken directly
Volunteer Expense
Bank Charges
Rates & Water
Light & Heat
Repairs & maintenance
Insurance
Food Expense {Feeding Refugee5)
Service Charge
Travel & Subsistence
t)onalion I Zakat
Telephone & Intemet
Depreciation
Rarnadan Iftar
Printing. Stationery & Postage
Sundry Expenses
Cleaning and Reftjse
16,342
256
2,641
14,3061
931
1,213
5,81 S
189
16,240
273
3,649
6.800
10,744
990
23,621
650
2.795
445
11,345
14,989
260
1,215
718
9,932
600
9.566
13.553
125
737
715
58.310
94,734
ExFxnditur¢ on ¢haritsbl¢ a¢tivities
58.310
94.734
13