CHARITY REGISTRATION NUMBER: 1181578
AR-RAYYAN FOUNDATION
Unaudited Financial Statements
31 December 2023
ED
HA
Chartered accountants
216 High Road
Chadwell Heath
Romford
Essex
UK
RM6 6LS

AR-RAYYAN FOUNDATION
Financlal Statements
Year ended 31 December 2023
Page
Trustees, annual report
Independent examiner's report to the trustees
Stalemenl of financial activities
Statement of financial position
Statement of cash flows
Notes to the financial statements

AR-RAYYAN FOUNDATION
Trustees. Annual Report
Year ended 31 December 2023
The trustees present their report and the unaudited financial statements ol the charity for the year
ended 31 December 2023.
Reference and adminlstratlve dgtalls
Reglstered charity name
Charity registration number
Princlpal office
AR-FIAYYAN FOUNDATION
1181578
153 CHIINGFORD LANE
LONDON
IG3 9QR
ESSEX
The trustees
Ms FATIMA OMAR HABIB
Mr GHARIB KHAMIS MAALIM
Mr MASOUD MOHAMMED ALLY
Mr SAID MKUBWA NASSOR
Ms SABRINA NASSIR
MOHAMlnED
MS KHADIJA OMAR HABIB
Mr SULEIMAN MSELEM
MBARAK
Independent examiner
Fred Michael & Co 216 High Road, chadwell Heath Essex RM6
6LS
Structure¥ governance and management
Trustees meet regularly to oversee operaliDnS and ensure compliance wth legal and financial
responsibilities. All trustees volunteer their time and do not receive remuneration for their services.
The charity has 2 members of paid staff and a number DI dedicated volunteers who Support ils
activities. All stam are DBS-checked and trained in the safeguarding of children lo ensure a safe
environment for all students.

AR-RAYYAN FOUNDATION
Trustees, Annual Report (conmnuedj
Year ended 31 December 2023
Oblectives and activitles
The AR-RAYYAN FOUNDATION aims to..
Relieve financial hardship, particularly for th& poor. widows, and orphans.
Advance 8du¢alion. particularly Islamic and Quranic studies.
Provide youth and community support services.
In 2023, we focused on..
Islamic education.. Offering Quranic and other essential Islamic studies.
Community services.. Supporting vulnerable groups through grants and educational programs.
Online learning.. Providing global access lo Islamic studies through our virtual classroom platform.
Achlevoments and performance
Throughout 2023, AR-RAYYAN FOUNDATION seNed ils community by expanding its educational
reach, both locally and internationally. We successfully delivered:
' Weekend Supplementary classes al First Floor, 691 Green Lane, Dagenham. RM8 1 UU
Online Quranic lessons that reached students globally.
Financial aid lo disadvantaged families, in line with our charitable objectives.
Our foous remained on building a sale, welcoming environment where students can grow both
spiritually and academicalty.

AR-RAYYAN FOUNDATION
Trustees. Annual Report (¢onllntsed)
Year ended 31 December 2023
Financial review
For the year ending 21 December 2D23'.
Total Income..
Total Expenditure..
£46,472
£46,173
This resulted in a small surplus of £299.00, due lo increased community support and operational costs.
Main Sourees ol Income-.
Fundraising inttialives run by the eharity
Voluntary contributions from parents of children attending our educational establishment
DYLOGICS LIMITED
AUTO TRADE VALLEY
VAFIDALIA S A
These donations have been vital in maintaining and expanding our charitable activities.
Reserves Policy-.
We maintain a small reserve lo ensure the sustainability of our operations and lo meet unexpected
costs.
Plans tor future perlods
AR-RAYYAN FOUNDATION aspires lo continue growing. both in the number of students il serves and
the scope of its charitable activities. We plan lo-.
Expand educational inilialives, both in-person and online.
Increase fundraising effDrts lo ensure long-lerm sustainabilty.
Continue supporting vulnerable individuals through financial aid and community
se*vices.
Our commitment remains lo foster spiritual and educational growth, rooted in the values
of Islam. lor the benefit of the wider community.

AR-RAYYAN FOUNDATION
Truslees, Annual Report f¢oniinu•dl
Year ended 31 December 2023
Thé trustees. annual report was approved on ..
Iruslees by..
antj 5igne4 on b8hJf tsl Iho b¢ard of
Ms FATIMA OMAR HABI8
Twstee
Mr MASOUD MOHAMMED ALLY
Trustee
Mr SULEIMAN hrtSELEM MBARAK
Trusloe

AR-RAYYAN FOUNDATION
Independent Examiner's Report to the Trustees of AR-RAYYAN FOUNDATION
Year ended 31 December 2023
I report to the trustees on my examination of the financial slalemenls of AFI.RAYYAN FOUNDATION
Ilhe Charity'l for the year ended 31 December 2023.
Responsibllltigs and basls o* report
Having satisfied myself that the accounts ol the company are not required lo be audited under Part 16
of the 2006 Act and are eligible lor independent examination, I report in respect ol my examination of
your charity's accounts as carried out under section 145 of the Charities Act 2011 Iyhe 2011 Acl'l. In
carrwng out my examination I have followed the DirȢiions given by the Charity Commission under
section 145151 Ibl ol tha 2011 Act.
Indepondenl examinerfs Statement
I have completed my examination. I confirm that no material matters have come lo my attention in
connection with the examination giving me Cause lo believe that in any material respect..
accounting records wore not kept in respect ol the charity as required by section 130 tsf the
Act., or
the financial slalèments do not accord with those Tecords; or
the financial statements do not comply with the applicable requirements conceming the form
and conl&nt ol accounts sel out in the Gharilies (Accounts and Reports) Regulations 2008
other than any requirement that the accounts give a true and fair, view which is not a matter
considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination lo
which attention should be drawn in this report in order lo enable a proper understanding of the
accounts to be reached.
Fred Micha&l & Co
216 High Road. chadwell Heath
Essex RM6 6LS
Independent Examiner
If not populated, the accountant's address will be used.

AR-RAYYAN FOUNDATION
Slalement of Financial Actlvilies
Year ended 31 December 2023
2023
Unreslricled
funds Total fund$ Total funds
2022
Note
Income and endowment$
Donations and legacies
Total income
46,472
46,472
46,472
36,712
36,712
46,472
Expenditure
Expenditure on charitable aclilities
Total expenditure
46,173
46,173
46,173
28.562
46,173
28.562
Net income and net movement In funds
299
299
8,150
Reconelliation of funds
Total funds brought forward
Total lunds carried forward
9,074
9,373
9,074
924
9,373
9.074
The slalement ol financial activities includes all gains and losses recognised In the year.
All income and expenditure derive from continuing activities.
The notes on pages 9 to 12 form part ol these linancial statements.

AR-RAYYAN FOUNDATION
Statement of Financial Position
31 December 2023
2023
2022
Nole
Current assets
Cash al bank and in hand
Net current assets
Total assets less current liabililies
9,373
9.373
9,074
9,074
9,373
9,074
Funds of the charity
Unreslrict&d funds
9,373
9,074
Total charlty funds
9,373
9,074
These financial statements were approved by the board of Iruslees and aulhorised for issue on 31
December 2021, and are signed on behalf of the board by..
Mr GHAR18 KHAMIS MAALIM
Trustee
Tht notes on pages 9 to 12 form part of these financlal statements.

AR-RAYYAN FOUNDATION
Statement of Cash Flows
Year ended 31 December 2023
2023
2022
Cash flows from operating actlvlties
Nel income
Cash generated from operations
Net cash from operating activities
299
8,150
8.150
299
299
8,150
Net increase In cash and cash equivalents
Cash and cash equivalents at beginnlng of year
Cash and cash equivalents at end of year
299
9,074
8,150
924
9,373
9,074
Th• notes on pages 9 to 12 fomi part ol these linancral statèments.

AR-RAYYAN FOUNDATION
Notes lo the Flnanclal Slatements
Year ended 31 December 2023
General inlormatlon
The charity is a public benef51 enlily and a registered charity in England and Wales and is
unincorporat8d. The address of the principal office is 153 ChingfDrd lane, London, IG3 9QR,
Essex.
Statement of compliance
These financial slalemenls have been prepared in cornpliance with FRS 102, The Financial
Reporting Standard applicable in the UK and the R&public ol Ireland,, the Statemènt ol
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021 {Charities
SORP IFRS 10211 and the Charrfties Act 2011.
Aecounting policies
Basis of preparation
The financial slalements have been prepared on the historical cost basls, as modified by the
revaluation ol certain financial assets and liabilities and investment properties measured al lair
value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency ol the entity.
Golng concern
There are no material uncertainties about the charity's ability lo continue.
Judgements and key sources of estimatlon uncertainty
All estifflales are made lo the best available information. The Iruslees always sets targets and
estimates bas&d on the policies at the lime.
Fund accounllng
Unreslricled funds ar& available lor use al the diserelion of the trustees lo further any of the
charity's purposes.
Designated tunds are unrestricted funds earmarked by the trustees lor particular lulure project or
commitment.
Reslricled funds are subjected lo reslriclions on their expenditure declared by the donor or
through the terms ol an appeal, and fall into one of two sub-classes.. restricted income funds or
endowment funds.

AR-RAYYAN FOUNDATION
Notes to the Financial Statements {corttinuedl
Year ended 31 December 2023
Accounting policles (conllntsed)
Incomlng resources
All incoming resources are included in the statement ol financial activities when enlillement has
passed to the charity,. it is probable that the ecorTromic benefits associated with the transaction will
tlow lo the charity and the amount can be reliably measured. The following specific policies are
applied lo parti¢LJlar categories of income..
income from donations or grants is recognised when there is evidence ol entillemenl lo the
gift. receipt is probable and ils arnounl can be measured reliably.
legacy income is recognised when receipt is probable and enlillemenl is established.
income from donated goods is measured at the lair value of the goods unless this is
impractical lo measLJre reliably. in which case the value is derived from the cost to the donor
or the eslimaled resale value. Donated facilities and services are recognised in the accounts
when received il the value can be reliably measured. No amounts are included lor the
contribution ot general volunteers.
income from CDnlracts for the supply ol setvices is recognised ¥Mlh th& delivery of the
conlractecj service. This is classified as unreslricled funds unless there is a contractual
requirement lor il to be spent on a particular purpose and returned il unspent, in which case
il may be Tegarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be lully rècovered. ancj is classified under headings ol the slalemenl ol
financial activities lo which il relates..
expenditure on raising funds Includes the costs ol all fundraising activilles. 8vents, non-
charitable trading aclivilies, and the sale ol donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activities that further ils charitable aims lor the ben&til ol ils beneficiaries, inclucling those
support costs and costs relating lo the governance ol the charity apportioned ID charitable
aclivilies.
other expenditure includes all expenditure that is neither relalsd to raising funds for the
charity nor part ol ils expenditure on charitable aclivilies.
All costs are allocated to expenditure categories reflecting the use ol the resourcè. Direct costs
attributable lo a single activity are allocated directly to that aclivily. Shared costs are apportioned
between the activities they contribute to on a reasonable. jusliliablg and consistent basis.
Flnanclal instruments
A financial asset or a Ilnan¢ial liability is recognised only when the charity becomes a party lo the
contractual provisions ol the inslrLJmenl.
Basic financial instruments are initially recognised al the amount receivable or payable including
any related transaction costs.
10

AR-RAYYAN FOUNDATION
Notes to the Financlal Statements fconlNnu8d)
Year ended 31 December 2023
Accounting policles (contlnu8d)
Financlal instruments (contlnuod)
Current assets and current liabilities are subsequently measured al the cash or other
consideration expected lo bs paid or received and not discounted.
Debi instrurnenls are subsequently Measur￿ al amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measur&d
reliably, the inveslment is subsequently measured al lair value with changes in lair value
recognised in income and expenditure. All other such investments are subsequently measured al
cost less impairment.
Other financial instruments. including derivatives, are initially recognised al lair value, unless
payment for an asset is deferred beyond normal business terms or financed al a rale ol interest
that is not a market rate, in which case the asset is measured al the presgnt vaiue of the future
payments discounted al a market rale ol interest lor a similar debt inslrumenl.
Other financial instruments are subsequently measured al lair value, with any changes
recognised in the statement of financial activities, with the exception of hedging instruments in a
designated hedging relationship.
Financial assets that are measured al cost or amortised cost are reviewed lor tsbjective evidence
of impairtnenl at the end ol each reporting date. 11 there is objective evidence ol impairment, an
impairment loss Is recognised under the appropriate heading in the statement ol financial
activities in which the initial gain was recognised.
For all equity Instruments regardless ol significance, and other financial assets that are
individually signilicanl, these are assessed individually lor irnpairmenl. Oiher financial assets are
either assessed individually or grouped on the basis ol similar credit risk characteristics.
Any reversals of impairment are recognised imrnedialely, lo the &xtenl that the reversal does not
result in a carrwng amount ol the financial asset that exceeds what the Carr￿ng amount would
have been had the impairment not previously been recognised.
Donations and legacles
Unrestricted Total Funds Unreslrlcted Total Funds
Funds
2023
Funds
2022
Donatlons
Donations
Donations type 2
37,133
9,339
46,472
37,133
9.339
36,712
36.712
46,472
36,712
36.712
Expèndlture on charitable actlvltlgs by fund lype
Unrestricted Total Funds Unrestricted Total Funds
Funds
2023
Funds
2022
Activity type 1
46,173
46,173
28.562
28,562

AR-RAYYAN FOUNDATION
Notes to the Financial Statemenls (continv8dJ
Year ended 31 December 2023
Expenditure on charitable actlvities by actlvily type
Activities
undertaken Total funds
directly
2023
Total fund
2022
Activity type 1
46,173
46,173
28,562
Statt costs
The total staff costs and employee benefits lor the reporting period are analysed as follows-.
2023
2022
Wages and salaries
17,064
8,893
The average head count ol employees during the year was Nil12022= Nill.
No employee received employee benefits ol more than £60,000 during the year12022'. Nill.
Trustee remuneration and expenses
no remuneration or other benefits from employment with the charity or a related enlily were
received by the Iruslees., or
Analysis of charltable funds
Unrestrlcled funds
Al
1 January 202
At
31 December
2023
Incorne Expenditure
General funds
9,Q74
46,472
146,1731
9,378
Al
1 January 202
Al
31 December
2022
Income Expgnditure
General funds
924
36,712
128,5621
9,074
10. An8lysls of changes in net debt
At
At 1 Jan 2023 Cash flows 31 Dec 2023
Cash at bank and in hand
9,074
299
9,373
12