¢harity reg¢slr8bon 118178 comp￿￿ reglstratkn rNMnber10S8S970 {EThU￿nd and Walesl HINDAWI FOUNDATION ANNUAL REPORT AND UNAUDrrED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 HINDAWI FOUNDATION LEGAL AND ADMINISTRATIVE INFORMATION Trustaos Dr Nadra (knidgt P￿1 P¢lw5 or￿re￿ lQt¢hin Dr Khaknl ￿￿Hr￿ S¥nk* mana8emgDt personTh*l DrAhrn￿ HirKkn ChEf execubve offi￿r ICEOI charity number 1181788 Company number 10585970 Roglstored offi¢¢ Yotk F*xJse 41 Sheei stre WThJs BerkshY8 Er&land SL41DD HINDAWI FOUNDATION CONTENTS Pa98 Indep￿dent exarrir*rfs report Slater￿ntafr￿a[Kjal admks 8818rta sheet Note5 tothe tinanrAalstaternents 9.19 HINDAWI FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 DECEMBER 2023 Th8 trustees wesenl t1￿r annual atKI Ina[￿￿ I￿lheYear￿ed 31 Decewkner2Q23. firhonuel slolem¢nts hevc b¢en prcwred in x¢>ydwtt%*ith ￿ •wounbry xt wt M notc 1 to ihe finynciol sialemenLs and comkly with Ihe charitatle ¢<¥mpan￿S tyweniiw tkwmwll. Ite CtynpaThes Aci 20￿3￿j.AC¢Quntsng and Reporting by Chanbes." Slaternentof Rec(JrnmerKled Pr&trE to ththes weparing th￿ra￿cOUntS in accordan with Ihè Finanual R￿Orting Siand*d apph'faAe n tt* UK RewtI￿ of Ire&nd IFRS 1021" leffédNe 1 January 20191. Objedives and a¢tivrf*s Mlsslon Stknent Translating Into Ara)iGand putAthing lllerdryw¥￿ lirKkKlYw scierti￿. ￿ar￿8]. a(thK. other non-fictK)n klional works). PubhthTYJ or r*Ubl$￿￿9 lit￿ty￿trks ctyinally ￿tten inknbt lin¢knJng s¢*ntrfi¢. 188m*d. 8c*emc. oihor on-ficton and fith(N4al %voiksl. maki￿ translated works aThl ArdtrAccont£ni fveety d￿lt￿lY avalab￿. Th8 catslysl [￿lhe ¢xeat￿n ol the Hir￿1 Fwrbdation Wds a UN fkve*ynetbt FU￿ rewL whth 5ts1ed..'For Ai SOC￿1￿5. translati￿ is a formKla)le chalervJe.. the nutrberof tXK*5 tsar￿ated in the ATab wortd Iper ye311 15 on8 fifth of Ihe llvm￿ transbied in (>eece marked ti•Waiions clty8￿ bcths ￿ philoswhy. lilerawre. socKltyy. and the Dawral scY4rKes is quitg evid8nL" Hind?￿1 Fwndati¢)n was created lo meellhal need. Athw stxne pr(wss has been made in devel¢)FYnent of book nduslry in inb in rKenl yea@. aval￿￿￿ty te[nan&SLzr￿. translati￿ l**ing arKI olan 0ft8n *iconSisienis￿ndard, attess iowx)ths ￿YeS*t (*tst*t*ries in the￿W$p￿akIng worfd is pr(bWatsc ￿ prohibned. The FOundat￿n airns ta transfo￿ the literary kn15cape ofthe wrNnunthes amurnl the globe ty providing a perM8Th￿t. online liLY¥y irfthought-provokirwj. interestry. atMI ¥￿￿1 ficti￿ notFfictiM M>rks. freely availatl8 to any￿￿￿¥￿ak￿[￿7lti acce8Stotts intgm Activities Thp Feund8t￿n seeks 10 its obpuivts th[Ou￿ aven￿. tranya1￿ d lrtÈrary worfts from En¥i$h and Olhw Lgnguages inio Ar8￿¢ the r8-wW¢abty) and ofAraticworks VJthKh algn ￿1h Ihe Fwidabty)'s tiitaria. English land other) langU￿e acquisitions l&e kne lorfft o, both ¥¥arks in cop￿￿￿[ forTrAthth the Fwndation newtiales tr￿slatIon Dghts wntracts, an(1W￿kS whth have enter￿ the do￿aIn. l¥(wks are Fthlthed on the FourOabons website and apps. The FourKJa1￿n also prnls a se￿￿ Thjtnber of b￿5 in tr&e papert>3d¢ format. which are made ayalab for Sale th￿N1th retailets arxj al bc(AE far6 the Easl arKI 14orth Afvra regK)n. obj￿¢￿¥t8 The T￿slee5, (tycbve5 for 2D23 Indudpd.. Increasing f￿gn acwisth Expandng the output of Alab￿ knguage w The Objecti￿ of increasing wll make addthona 3rKI rnore ¥ari8d litwary works avaiLa￿e for pubkncation. while expanding the outy)ut ofA'abK larvjuay ah'gnswith thE Charity's of makiry a¥alable original Ara￿C ierary w(Kk5, Lxrt at a greater scale. Effort5 10 Fou[Kla￿n s Sour￿ aemnstrats ihe Tru￿ee&. COn51deralion that the ￿n9.terTh oullwk fortre Fou[*ali￿ ￿ thal ts C￿1￿Ue lobe needed fordecadestou)tne 8nd therefryy Oversfica*cm ¢Y a styis** rsk M￿at￿. HINDAWI FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 A¢hlvom¢nts p0rfwma￿* In 2023 CaIerQar￿￿r F[￿r￿tiOn 66 aValab￿ arml wbkshed 4(X) in the LHnguage. The FOUndati￿'S new wNicakn5 In 2023en*Ae(J beTrthCl￿es to have free ￿5S to hundreds of weviau51y unpublished gr wavailatle w(¥ks In Araknc p￿jVide stiT[¥j￿n￿ atvj erKourage lheenPy￿￿nl of lileraiuFd. F(Yeign language ar4￿￿11[￿$ detrased from 2022. ￿jt$W[A￿d ir excess ￿ 1.6 rnilh)n'Acrts of wpyrighted Vio￿$ for tr￿S￿￿on. Translated word5 tata"l&l than 3 S rnil￿n. th toia (Arab￿) (Sgtsj works pubISh￿ pxceeding 15 minion. The Fwndation'8 user ba$e £(￿tin￿ to exp￿￿1 n 2023. wth mre uws TNore b￿)k$ar￿ lit￿aure Ihan e¥er before. Acce65 to Ihe HITrda￿ FoU￿at￿n5 WtAKalwJns 15 Df key benBfiI lo AtabKsp8akeT5 in volatile. insFCUtE. ￿ I￿Dven5hed countrieslregions where tr¥ditKnal rwte5 of¥cess to literature maywdl be ￿pOS￿¥￿e. TrE Found*KJn's web$le and ¥rps. en3b￿d m￿Y Arab￿ speakers lo ac(xss an otAine literaiure h"braryof ut*que depth and Ereadth. Thp T￿Slee5 ha¥e rebBrd ta the Charity C¢Mn[tws5i(￿Sg￿￿a￿B pulA￿ben￿fft. Financial review H1nda￿l Foundati(M'5 £21157312022 £115.3NI. ch￿tab￿ eWEr￿dUre totalled tD £WJ3.055 12022.. £588.6601. Pur¢hase of rigms for 8tswlsitionsac&￿fited lor 98 49% ofccwii9hts expenditu￿. With ￿n￿WaIS ol Xlsting p)ntrads lo￿11r￿j 1.51%. Running costs contime to be fun(*d from the sigthnt lu￿tr¥￿ed} gft iecerrfed n 2021, wlmch has subseq￿tIY been vested byTrustees whi￿ th8 Ch￿tyW￿l rKeive furihgrfutvjry (rfftr lThe is athvety dive[5rfy￿9 funding sourtes. the Trustees. assessmern rerrkAins Ihatlhe re¢eNed swd ¢ty*rthe nJnThThJ castsel ihe FoLmdaih)n for a nun*)er of ysars. Inve$tm¥nt pollGy Trustees r￿s￿ved ihBI IhB Qvfrall o*¥ecbve FOu￿￿ti￿n5 ItNe5tst￿I PoI￿Y rs tO￿ne￿ale irptx)tllE tu furKI Ihe FOu￿a￿￿'S ws. wtrile *rat¥Jty dr￿ing for ￿eeXParWon ofthe Fwnthtion's programft￿s to further th& Charitys O*e¢bves. The F￿n￿￿on has a Iwj-wm ouuook. as 50y6ars ￿u$l0 achieve its otyectiyes. Both ¢8Fii*land Inty)m& may ba used at any tyne fcrlhefLrtr*rance HiThJawi Fourvjalion $ ams 8nd therefora th• pothalio is to be managed ￿ a toFal bags. The FoU￿at￿ is pellnit￿ to make WNhthawas frorn capity to supplement any incryne gtr)eraled by Ihe 10 nwt trt Costs asscwted ￿th runnng the Foun¢L3tion and lo fin￿ specifr tKoiects. where necessarh. The Charty's ￿r¢e$ ￿rn￿n wv* donatKME. Chanty's Inveaed frJnds a￿ an rnana9ed. medwm nwtrassei diSc¢tw￿ry p￿ff￿10. IheTrLtsiees ar8 nol w88enly r8quiimg investrm8nts lo*here loanyskwfK ty ethi¢* cY)n$￿￿¥1￿)n8. ResetVe8 wlfj¢y Al present. Ihe Chatity's PDlw rs la mainlan a rninwnum [￿e￿elO[lh￿ c￿tinued TnainIeTran￿ of fv FOundat￿n s (￿line publishiro rlattwns. I￿1￿ling fv*)Js lo (J￿InDule 10 *rMJal t¥x4( f*$. Current res8ry8S tcial £5.804.12512022.' £6.D34.7B4I There are currenuy m restr￿& fun(ts. HINDAWI FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Rlsk managovnent 5t*4mqnt Whik tre Hin(tswi Foundation cp8rates*itrin reco￿￿8￿ sptrwfr. TnjsI￿ AJentthed a nvff*er of 6peok and ￿￿oI￿g n*s". l. RÈstitiK)n of putAishing pL2tfom rTh)51 IT￿ne￿iatety Severe [￿k10 tt)e Chatity's a￿1￿Y10 fumq its 4ated OWbve$ extem81 rtsk ol 8 ￿$1￿ction of puyishiw F4aifNms. vhichwould prevent bertfiwries trom a¢￿￿ng ￿nIeTrI. Tris 15 a KI¥￿Y r6k ¥rKY we which the Fwndation has alrea(ty had to nawate. The mrigatK)n is to rrake evey effut lo ensure our conlenl ￿ al Visi￿y18￿7l and bl politically r￿19￿￿￿Y neU￿- witrin otthe t>￿￿s0*eCbVes0f ￿3blIng a￿sS to krpowledge The F(xJndabon a150 rdease al w(¥ks wdera Cieative CCrnr￿￿s li￿￿ lo enable wider &￿SS and use. Ch*rty i¥ aho. where p0s￿ble. bokity 10 8s13tlish rEla1￿￿1p$Wth g)vemwi cens(Ythp toJEs. these efforts appear lo have had a tx)stive Ynw. restrictw ol wr w￿Lshing pkttorrns remains a MaiN risk 2. Ad￿rse govemffleni pdicy Adverse goyemrnenl wliGy in reL￿t￿n to ￿ operation olfare￿n tharitE5 the lertitcry where tkE CharityssubsKliary presants a wtenti81 risk. Enswmy TrLtsW and *nK* man89eft*ni are aw¥8 ￿ poiitul d&N*lopments wIl￿n countries F) which ihe c￿rty werales and nK￿l1{A)rtg of kgal arxy Ihawes have been blenlthed as the rnan mibgations. c￿￿￿ed Stre￿1￿ oflhe Hnd￿￿ Fwndation 5 tYand_ atyKle Open￿ publi%hing the Ch8rity'$ aims and c￿le¢￿ve5. m￿l¥at￿$. arKI Trustse arKI Staft detsiLs- may r￿u¢$I￿e Iik4ihood 3. Dependency on incon* Scwr The Chanty ￿ wesenly in a Str￿ lunthng rA￿￿on li med￿rn knn arKI is adi¥dy d•"ry its ir￿rne st￿rceS. Hvwyvei. B5 Tiusle¢s hav¥ Identifi¥il ttie knig4¥1111 vlt1￿ FwtKtsIiw as-50 plus lo Ils ￿￿￿￿Ve5.. dependency on inco￿* Sour￿ a K$￿erate futhjre [￿ktothe C￿￿ty.) &￿￿tles. rfcurrent WOi8Ct eXP￿ilur remains U[￿hanged ￿ryth￿ut an irKrease In jtKOmE. StruGtur2, yQVEwwbanL¥ awwj TW ¢Wfjly Is controlled tyy ts wv?m￿9 do>Jnwi. Ir* ofAs%oabtyl aJOPt80 ¢n 12 0*8￿r2018. 8nd onsbtules a Iimrted company. lrnted by gu¥dntee. as defined by the Compar.Es Act 2tKffj trustees, WIM) are also the drECttrs Kxjtm of(xJttwany knv. serveddurirvJ the year and up 10 the daitr of Signstu￿Oftha $t8lemwls ww8- Dr Nadia Oweidai Dr Nagv4a Dr Ahmed Hindawi r P8uI P8lws Dr Andrew Kitchhi Or Khaiea p4-Hr¢ub Recru¢trJenl and apwrtmentoftwslees The eMsting Truslees are reS￿￿￿￿e fOrthErEcwth￿M of t￿yTIUS1￿S. seledll￿ Tru5te85 is a C￿￿tat￿e process p8rtthL8remphasts pb¢ed ￿ irthK1uaL% ￿11 a dfvert perspe¢*we. as t*￿1 as relevani sknlls 8 expeiioncè to th& board. Poienknai Tiust*S by *y exL%bng ru8te8 and arè IhBn th8Lussed rtemaly. befo￿ a forrnal Inwl8bon is eXitr￿ed. PoteNi31 Tru*eesare gw) i*taiLs F￿r￿all￿'S charit&Sk *rns ar￿ ￿t￿lies.11 they agree. ae then 31 Ihe subsequenl TnJ5tee5' r￿. HINDAWI FOUNDATION TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Manag¢m¢ntand I￿￿1$0￿0n* Stru￿1T¢ T[￿St￿ the overall direct￿ of itharity t0￿r￿￿ethat alun ￿TIh F￿nd￿tK]n'S aims objethv Unless deCIs￿nS are dee￿Ed to rdale to knn*tetrn finaru* ￿T￿ate to the Chanty's thiecbves. or staff have $petsfKalLv iequesled Tru$i8e input. then Ihpy at8 delegated to 51af,. PrL¥J￿V￿ and gf ￿t￿S is und8rtak8n by ihe Hinda*i lor Print and thStri￿l0n ICafft￿regL$tered ¢￿￿nY1 a whdty ￿e￿ sub%iliary of HindawA Foundati The TrusLee bty seets lo ￿til￿e Boardsvaied e￿￿se ￿ sknls as patof internal impiovern2ntand training. Informa meelngs to share experknse and are er￿ur￿. Charity staff a5sisl*ithTru5tee induction. Th2 Charty's Chair of TrUst￿S. indiscUss￿￿Wrth Charity Staff. wlatty assesses the 1*pa￿lIbe5 ofthp Trustee txxly Ènd recaNwnends any tranino IhwJhl to btr0fva￿e. TIE F￿ndalK)n ¢oes rrt)I have any txocess setbry Pgy W)d remuneratiw. Ho￿v￿. staff sa8ty offers are broadly comparnb* to gmiLir Irthsty ￿)￿s. At present no enwoyees nave i0ts1 t)enefits r￿er £60k. trustees. atproved by the Board 0fTn￿￿e$. Dr Ahmed Hindawi Trustee 3D Septernt*r 2024 HINDAWI FOUNDATION STATEMENT OF TRUSTEES. RESPONSIBILMES FOR THE YEAR ENDED 31 DECEMBER 2023 Th8 trustees, wtK) are asDthe dreL*x5 of HiTrJawi FO￿￿31￿￿ for PLfk¥)seofL¥YTrP3lly L￿. res￿￿5b￿ I(￿p[e￿n9 Ihe TruS￿E$. Report and Ihe financial statemenis in ac¢(wdarte Lw United Kingknm Ac¢ountin9 Standards Iuniled Kingdom Generally AccepW Acc(￿￿￿79 practi￿}. Comp8ny Law requres the Iru51eps to prepare fin2ncwl slaterr￿￿*0re￿ fvanual yeafwthKth give atTue atwjfair ¥￿W of the State ofafaiTS oftt*eharitable ecynwy oftht appl￿11¢* of r￿u￿te8. 1rdL¥l￿9 Ihe Icorr* and eXp￿a￿Vr&. of the charit*le Dhat year. In wepwng these finart￿l slator(*nls. tnkstses we iwjwred to- -sdath suitaYÈ aNlthÈn appty - d)seNe the melh(hlsand pmrarles in ￿ [￿arit￿ SQRP.. . makel￿￿r￿ents e5timatesthat are red￿nth prLxI￿l . wepar8 financ￿1 statements cffj 9onJ bass il Is r18pwwats lo prasuw* Ihattrfr d)8rf1ab otnpany contiwe in Qpernkn￿. The trustees are re5Wn￿b￿ fDr keetxw adewate accfjUnti￿ reoyes th3td￿k>Se wth reasDnable accuwy al anytim the finarKial posrfit>n of the Gharrtab￿ coryyany a￿1 lo ￿￿j[eth3I the 5talefflents cO￿pIY %vrfh the Comp8niesAct 2006. They are ¥lso resptr)s4)k ftrsafegu8rdiThJ assets ofthe tharit*Ae ¢tsmp¥ny he￿ taking 1&asona￿e steps f￿ its preVenb￿ aThJ delectKin d fraA aTrJ (kn" ￿￿J￿￿1¢￿8. HINDAWI FOUNDATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HINDAWI FOUNDATION I r8Wrt to Ihe tr￿lee5￿￿ my exatr4nalKJn vfthe statw[￿LS ￿ HI￿a￿ Fou￿alw￿ (the dwTitable ￿￿pany1 for th8 yearendÈd 31 tkcember2023. R$spon￿bIllIFy arKI basls of report As Ihe bust888 ofihè th8riiabl& la￿ akn its fortr* purp)ses of¢tthpany tawl ycv ara respcfisb￿ for lh8 pr8P8ralh)n of tre finaroal Slat￿￿ntS in &ctrdarK8*7th r6Y41irw*nts c￿an*S Act 20￿ (the 2006 Adl. Hawry salEfied m)seWthat the fin3noal State￿￿￿tS of the chwrf3b￿ coryanyare ml reqU￿d to bp audile(J under P￿1 16 of ihe 2006 Ad and el19b￿ lor I[￿e￿e[￿enteXa[n￿31Ln. l TepL¥t li resp&* d tny examinabDn ofthp Charitab￿ cc¥npany $ fI￿r￿jaI staiements wned tyjl un(1er sethk)n 145 ofthe 2011 Ittre 2011 Arji In ¢aryin9 out my examinabon I haw fo1￿￿$d all the aF¢licabie Ch"r8¢b￿S by the ¢hwty co￿￿1$s1on urykt section 149Sllbl offv 2011 Act. Independent examinees statement- rnatter of conGun identrf*d I have com[,leled Thy exaninaliM. I h￿e idenlrfEd tnatter5 ofa￿￿[n Ihat we rea51)nthlp cause lo bel￿¥2 Ihatth£ finanoyal slaternenis prepared for the rvJt fuly (YJTrW￿rI the ￿CO￿ting requiremenb Df 5ectson 398of the 2006 Act and have Th)t been prepaed [￿lY in ￿ordance Wilh the MEt￿￿S and prmciples otthe Jiatement ol Recomm￿de(j Pra¢tsc& foi a¢wJnbrwJ aryJ repmffjg bycwi*s. Tn8se f￿a￿al *tamÈnts haws b86n prep¥0d In pourt sierfing whith Is not conw(Jered iomeet the ￿rnItiOn ol wesentstKnal currew sectiw 3.13 Oft￿ SORP. The presenlational C￿rrenCY has been 35se5sed to be US Mat5 fOrtt￿ yearto 31 Dec￿nber 2023. I r.nnfirm tF471 nTr ()Ihpr matte.rs haTr￿. rA)Try. fri my *ilh IhPP.Karninal￿ gmng tnp rau￿. lo bdipvp. ttrwt any rnaterial respect accountiry recor(15 ¥ver& tK)Ikepl in resw ￿the C￿lab￿ 4xwnpany a5 sedion 386 of Ihe 2C06 Act., or Ihe financial staternents ¢k> notac£cwd *ith tkK>se re￿)rdS.. or emcepl lor Ihe m8w ofcmcem n￿ed *x)ve. Ihe t￿￿￿la1 sia.'ernents (b not crnpls wlh lh& ￿e￿ntIng r6quY8ments ofse¢bM 396 orth8 2LK)6 Act other than any rtqWWWl I￿allhe ￿t￿niS a true and f*rv*w Yihi¢h Is wi a matter￿n￿derett as part olan inde￿￿nI exJninalion". or eictrpl tor Ihtr msltw Of¢￿¢&￿n n￿*y above. the fn¥rtial siaithNs h&* Tr)1 baw kY8w8d In a¢¢CKdar￿ wlh the meth(hls and princy￿S of Ihe StalemertofRecoMen￿d Practi￿ fOr￿cOun￿ng rept￿ting by charit￿S a￿l￿ble to charitie5 wepamg th￿ra(coUntS in the Fhnancwl RetxKbrvJ StaTKJard aP￿iCaLle in Ihe UK and RepuL4ic of IreL4nd IFRS 1Q21. I confirm Ihal I￿r* are Th) Olher npii8rs in wlh ihe *aminaiTr)n by•h￿ 8ttwtK*) t6 dra￿￿ m this r8P)rt orderto fffiatAe a prcper unders*anding of knefinancd statements to be reached. Daniel WesDlowski, FCA FLB Audit LLP 1010 E$kdaitr Road Winnet5h TTiang Berksh RG41 5TS Da￿.. 30 S9Ktsn*w 2024 HINDAWI FOUNDATION STATEMENT OF FINANCIAL ACTIVMES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEM8ER 2023 Uwostri¢tod unrO￿l¢tod fund5 funds 2023 2022 In¢omo fw: Donatior6 and lllveslments 134.338 78.235 38.443 76.861 Totsl In¢om* 212.573 115.204 Expenthtur¢ on: Raising furKIs Ch￿tab￿ *bvtbes 130.4281 1962.6271 132.5141 1556.1461 I￿3.055> ISBB,6601 Not IncDrn2 1780.4821 1473.3561 Nel gd1￿[1(yJyesI Lvi i[IvestrNet 12 549,623 1623.S)Dl Net expenthiure and mo¥ementln fvnds 1250.6591 11,096.6561 R8¢on¢fjiiawon ol funds.. Total fvnds trKwhtfarward 6.034.784 7.131.440 Totsl hjnds f(Thard 5,804,125 6.034,784 Trt st*1ernent￿ ￿nar￿al athiits Y￿￿e$ all gair6 k6ses retc9￿￿ in the year. incJ)me •)d expeThyiure derive HINDAWI FOUNDATION BALANCE SHEET AS A T 31 DECEMBER 2023 2023 2022 Flxed Bssel¥ Investtnents 14 6.155.028 6.182.9 Cuvrent assets Debiors Cash at barlg and h ha 16 149.621 187.154 5.146 336.775 220.338 Crnditorn: *mo￿ts￿li1n9 wilhin on• year 17 1687.6781 1388,4601 t ¢urrent Ilabllltlos 1350.9031 1148.1221 Totsl assets less cuThent liatHlibe¥ 5,804,125 6.034,784 lunds ol ¢harltsbl¢ ¢ompany Unrestrid&4 futKJs 19 5.804,125 6.034.784 5.804,125 6,034.784 Trt rtyMp8ny E enbued to Ihe exeTryk￿ frrAn iheaL*lit wiryw0￿laIryed ki 4T7 afthe ConynEsA¢t 20t6. lor the year endad 31 December 2023. Thp directo￿ acknitha*e their rest￿5*MIthes foraXnp￿.rvj wth th2 requrernents ofthe Ci>fftpan￿AGt 2(136 re5P2Ct trj accounbry record8 and the wep8ratrm $18t*Jiients. The membE*S have ￿ wuire(I Ihe cornpwy an audit of rfs fuwrKial str1en￿t5 yw In q￿Stion in accordancewth sect￿￿ 476. Th8se ffina￿al staLeThents have prepa￿d withlhe WO¥￿iLy}s apk4Kxbl8 to cxThpanies &ubiectto the small (xxnpanie5 regiTr*. The finanaal 5tstements approved by the Board of T￿SleeS aHI ￿￿￿OriS￿l for on 3C September a)24 and were red on Its tEhaN by: Afm¥d Hin¢8 Trustee Charity reg$irabon numt*r 1181788 Cowany reg￿trati(￿ Nn*er 10565970 IEn9L*)J aThJW*sl HINDAWI FOUNDATION NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 A￿OUnt￿9 pol￿195 Charity inlarmBtit Hind8¥w FwnJalion B a kyivats c(wryany by wararrtee. in EngWd ar￿ Waks. and consequenlty ￿￿5 not have 5harE rdptsl. T%wJ ofthe Iru5tee5ae lth to (¥)tthLwte an att¥Junt not exceedirvJ £1 towards If* assets of ¢h*ity in ewiioflKwAJaits1. The regi￿1¢YE￿I fI￿panY 10S&fj970 and11￿. re￿th￿l clwtyThJrDber 11R17&A Thè rtyistwed off￿e tsyotl tr￿$e. 41 Sheet StreEL Berkshire. SL4 1t)D. 1.1 A¢¢ount•w conventi The finanoal stalenwnts hale bew in a¢ctKdarK8 thilh Ihe Chgrib"es Ad. Ihe Cffiipanies Act 2006. FRS 1tr2 'The Finanoal ReporbrvJ Stsndard ar4Yrable in UK aThJ of Irelarf" I'FRS 102-1 tr* Chariiies SORP 'Actwnting and RepOrt￿g by ChantEs'. $talen￿rI ￿ Rec￿7￿￿1 Pr•ce 8PFI￿a￿E lo charitEs prerering ￿e1r acaiunts in ￿ance wth the FI[￿0￿ Rewtlw sta[￿ard aWKab* in the UKatKI Reputlic of Irdand IFRS 1021. lef￿*Ve 1 January 20191. The tharti#)le B8n8frt Eniity8S derp￿ by FRS 102. The finarKial si8￿￿nts ar8 twared n p)L•id stsrfity. kknieiary u￿5￿ f￿¥￿al sial￿entS are rolmd lo the ne8rest £. Thp finannal t￿en UrK￿rrt￿. Ix)Rt wrfh Ihp. nf Irwe.st￿￿.nt5 which are included at fflathel ¥a￿e. Thp ￿t￿pa accountiTrJ [MA￿leS adDpled are 5Et bekAy The Company has taken th*tage olitr* uythr se￿n 399 ofthe C¢npan*s Act 2006 lo prepar8 consolht31ed accounts. on basis that Ihe gra￿ afwhth ths is ￿en"qu￿1￿eS & a srnall gra￿. The financkql statrxnents Infotrnati￿ thil the Comparw as an itKfvKknal efitiiy a[￿ rM)t atxwl its gr(w. 1.2 Goln9 conc8m Al the lime ofappwty ihe finaroal SI*m￿. the tyusteeshave a re8str)able expedabm that the cPorit8ble company h8s *equate reswrcestoc¢nknue m ty￿atiOnal existen£tlcithe fNeseeabk futwe. Thus the tsustees Confjn￿ to Ihe CO￿ In Fwathj 1.3 Ch8rit8ble fun Un￿l[￿d avawe use at the dwetNm ofthe tru5tee5 fvrtheratKe 0ftherthat1ta￿e Obtr8thv￿. 1.4 In¢omo All IrKomo Is rwnised in siat•Mnt of Finart*l ktivth8s c¥Kèthec*arty ha$8ntiIietTrw￿ to ts funds.11 OW8 that the Inc￿￿8 wll be receNed * th8 arrthmi cw be nwstsred relably DonalK)n inc(wre Is r8cognwl rew¥￿. Gift Aid reC¥Va￿ is iecegrTh$8d in iir¥M* when Lhere sa ¥81￿ Gffl Aid¢tscL¥81ion 8rvJ ih? dOn8￿n h8sb*n re¢eTh8d. Interest on ￿ndS on dwrt is inCl￿d Y*tsn receivable and Iheamwnt Can be rneasured rdi8trAy by the charty. Ihi% 15 normaly won ￿lIfts1￿n oflheinterestpad or payab￿. Dw*ends we recrgnised (rte trt ￿9$ teen dedartty ar￿ has W rewved Of1￿ div￿￿￿ due. HINDAWI FOUNDATION NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 DECEMBER 2023 ACcoUntw￿ pol￿•e$ (Continued) .5 Expenditure Liabillies are r￿nIsed as eXP￿thre as 5(KJn as there lega ori¥JnsIr￿kn￿ oblwation IxJrnThittsng the thartty to Ihai expgndiluit. il B w¢bablB Ihai 8 trans[wer￿V￿C ter￿￿1$ bo Nuir¥J in settknn¥ni8nd ts amunt oflh Obl¥¥t￿ Can be nwsLred reliably. ExpPrKIlu￿ is WA￿19(1 f(Y basis￿ has bew d¥ssiW utKknr heathtysthal aggwatsal cost related to Ca￿ory. Where costs dveLth attttsrted to partiCU￿r he￿1￿￿5 they have been alk)G41ed lo ¥cr￿1￿e5 on a conswent the ofreswrces. Expgndtture on ¢h¥rtrable a¢ifvityes chantats￿ expendrture mtllPn5es CL￿1% by thetharity in treddwyofits athiliE5 and setvKes fo￿ its beneffi￿￿es. h iTrdLKJ25 tx)th (xth Ihal can bp alLKXted dwEdly to 5uth a(knibe5 ItrK>se costs of an It￿l[£ct nalwe n&¢8sw 10 support Ih8m. Support ¢g5ts Govemawe cos15 indude the vjsts tittr*NJtab￿ tothe d*titls1yxnpla￿ Y4ith Cx)[￿tutK￿al and StsbJtcry quirements and hove been 1ndL￿d as suppm costs. 1.6 Flxed ass•t inv•stm•nts Inwasimenis ara a form cl b8$K fina1¢1￿ ar￿ arn piit• recwtsed atth&ii tr*s•*ts) valu& a subsequeniiy measured al ther lair val* as ai the stsltrmenlol firwncia twlion dale using the dosYrtJ qiJoie(I market pri￿. The ststerrenl offinaicia indththe r￿t gain5 and arising on ard dwa5 throughout I￿ ye*. All 98ins bJs$888re taken 10 stsw(*MofFirwti* Athvibes asty m. R￿tsed ￿n$ losseson Inv$SiM￿lS ar8 calculated as lh8 drffwerKe bet￿n sa￿$ opening carrwry value or purchase value ilacqured SLtsewenlto the first day of the firk?1￿31 year. Uweali5Dd gains and k>sses are ralcLlaled a5 thp diffprpnce between the fair value althe YP￿ ar* val￿. Rpalispd *d unrealised nve5tThenl 98insand I(￿ge$ ale tsrnbned ￿ the Siatemenld F￿an(la1 ALli￿b￿S. Inv8sthp*nts In 5ubsidlarla5 A $ut61diwy Is an eniity cor4Mled by the Chari￿ ccthpwy Contrd tslhe [￿y￿1•9)Vern the IwrKial8nd operaing ￿l￿e$ ol ts enbty so as toowan iwefts fryn ils acliwbes. InVeSt￿nts n subsN*aries are ￿ChI¢jed 31 ans. k>ansfr(xn fdkFW gro￿) (xryanies and preferen￿ sha￿& that are GL45sfied asdebl, arE irntia1yTe￿[¥s￿ al iT¥￿h0￿ the atr￿￿@￿2￿1£O￿51IiUtes a finanC￿g transaction. whep the debl instmmwl B rneasural al (￿s￿)I vJueoflhe tutup receipts discthnted at a matrrtet rale dinlere*. Finanoal IL4bili1*5 dassified as Payab￿ vdlhin one yearae not ￿￿ort￿e￿. Debtir6truments subsequenlly Ca￿1&d aLarr￿rt1￿ u>sL USffTg the effedwe late 1.9 Taxa¥on The chanty Is wnSide￿ topass the te*s set￿lIn Pardgraph 1 6 of the Finan￿ Act 2010 and therefore meets the definrtion of a chartsble corrpanylorUK cOrW￿a￿0n tsx putpTrses. Ac£o[d￿gIY. the charrty IS PDlenlially exe￿p1 frum taKalKbn In Fdspect ol gr gan5 iecewed wiihi (ziewies covered by Chapter 3 Parf 11 of the Cc*wr￿1tiTh Tax Act 2010 or Settl￿ 256of tre Taxattii of Charw Gains Aci 1992. to tt)e extent Mt ￿ch in¢om8 or 98ins 8rn &xdusi¥4> to ¢hari1814& pw[N)￿. 1.10 Rgtlr$m¢nt bon¢fits The thant*le Cr￿panY cperdtes a defined CC￿tribU1￿ pensiM stheff￿. C(ffin￿tthS Payab￿ to chantable mpanys pensK)n 5dEtne are charged to the Statew,tof FIr￿r￿ja1AGthWbeS in the pen(Ml trEy rekile. Thpy are allocated lo chaitaNe athvities basEQ i)n S￿ff time. 1.11 For8lgn exchan Tran5X1￿￿5 in cUrrenG￿5 ottwthan ￿1[￿5 5tethty a￿ reiyxded at tt* rates ￿eXth￿ge prevaliry at datesot ihÈ Iransathons. At ieptrtThJ end daiE. tMnet*y assets arKI I￿t￿lI￿e$ thai *e dÈn(xninaÈd in foreiw Ixjrrenties arB re1[an￿at9￿ al the ralF5 pTrvBikng ￿ ltr￿ etwj dale. tsa￿s h)ssF5 ari￿n￿ ￿ t￿￿a￿On ir￿Ud5￿ In IheSOFA for kne ￿0d. Critical accounting e5tim*5 and I￿￿￿eMents In th8 ap￿IcAti￿ uflhB tharilable ct¥nwny s &(¥)￿li[￿J FdKies. ￿ trL*tses tBqLired to ￿akelL￿j9￿￿ts, eslYKates and assumptions aboul Ihe Carryi￿ arT￿nto1 assets and thalare not reaSly apparem from other Sour￿5. The esttnales andassooaled a5sutnpts(￿S are I￿Sed on h￿t01￿￿1 eXpe￿er￿ arxl other faclorsthal are con5Kkred tts berelevanl. Aclual rEsLITS may the58estiW￿e￿ The 8slmales aSSL4mPt￿S￿e mtwed 8n ￿5. ReVisi￿S to ac¢ountsn9 eaimates are recwnised in Ihe perK)¢ in whch the esbmaie B ￿￿1$e0 *there ts revisw aff￿$ MIY Ihal p￿)r￿J. or in the penod L the re¥￿￿)￿ Tuture pet￿￿5 where the revisi(Jn affects altr￿1 arxl fvrture periods. HINDAWI FOUNDATION NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 DECEMBER 2023 CritiGal accounting e5tim*& and judyernentS (Continued) 11 v& Ihe apn￿￿ oFlhe trustees thet due to the ollhc entity ￿re arc no atsumpt￿¥ ￿p&jerr￿n15th8l have gnifunl rEk adiusth￿l 1oihecaff￿ry anK¥Jnls L4 a5*ts ar*Y I￿t￿lI￿e$ wthin Ihe next f￿a￿al year. ¢omo from 4jtyMtiOn8 and leyaEiBs UnrtStrO¢ted Unrostsl¢tèd hjnds nds 2023 2022 Donat￿nsan￿ gdt5 134.338 38.443 kncomè from irbvè&bnèhts Vnrestricted Llnrestsictpd furK15 lunds 2023 InconE fr¢m lisled iivesbTwts Ini8resl rec8ivatA• 41.716 36.519 32.636 44.225 78235 76.861 Expenditure on raisin9 Unrn5tr1ctsd Unr•5trict fuNI$ nds 2023 Investtn8nl [nanage1r￿1 30.428 32.514 12- HINDAWI FOUNDATION NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Expfrrndttyre on tharll*¢a¢fjvlOos Trwnslation and wIYl¢allon 2U23 TrJnslJtion Dlrvct Costs Staff costs Audio boDk f￿5 Bod(fair expen*s Copytights E.tM)ok lees 26,755 32.818 &52 263 173.882 20,078 2.781 447 396 352. 27.201 s.￿5 333 Freelan￿ d2vekws Graphic8 Penyon admin css Pnniing trxp8ns SubscripiK)ns Tr8ngaiion & wblcabon & Trangaiion sxpwse Weti h)stsrwJ Gwyeemail expwse5 Trava & Profession81 fees Digiia wesarv8b)n swyice 2A71 E67.19J 2.570 31.547 1.495 3.Q8 9.511 2.4 2.(K)5 82.227 14.851 31.594 740 945.321 557.497 Sharq ol 8UPPOrt and ¢¢)818180e 7) Sutwrt 117,2041 15.853 18.879 .627 556.146 Anatysls by thjnd Unreslrthd fLnd5 %2.627 $56.146 13- HINDAWI FOUNDATION NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 DECEMBER 2023 $uppwt ¢ost$ al￿¢•￿ to a¢tsvl Translation and publicatitiii Totsl 2023 Z022 Basis of ol*atA Bank charges Insurance Tdtphme & intemet FLThgn exd*rwJ8 IgaiT*yIL688S 1,712 2.769 216 16.2701 2.103 2.710 216 1222331 Support costs 11,5731 1173MI Governance Gosts 18.879 15.853 Total Support & goveviianGe costs 17.31 (1,3511 2023 2022 Governance eosls comprf%e: Audit& accwntsncy fees Legaltees 18.879 lo.(￿16 S.PA17 18.879 15.853 Mgt m¥omgnl ￿ fvTrJs 2023 2022 Th& mvementin fLThJs ts sts18d after &ffjiWI(¥ethtsNJI'. Fees payable lothe chariVs i[vJ￿l￿enI exa￿￿er - fiKthe indepEndenl examinabffl of the charty& siaemÈnts - fcf Cltr*r fiDanug1 serwces 6.8C¥) 2.178 Trustse5 Noneoflhe trustees lor anyper￿S connp(tsl Ihpml anyrernuneralK￿ or beT*frts frotn the charilab company during the year. There We￿ Th) wslees. extwses pa￿ for the yew ended 31 De￿ber 2023 w for ￿ pe￿d 31 Decen*) 2022. 14- HINDAWI FOUNDATION NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 DECEMBER 2023 10 En¥Jbyo¢$ Thc rnontNy wmber of duriry the year wos: 2023 N￿nts•r Num￿1 2023 Wa9es and saWe5 ¢k31 se¢urrty ty)sts Othw 23.802 2.239 714 29.042 2.9)5 871 26.7SS 32.818 There were no efftFAoyees amual rernutMatiDnwas rrKwe Ihan £60.th). Remuneration of key rnanagenwrt PBV50nnet The Charity wnsidars its kev m&)89err*nt ¢t*nprtsn*othe Irust8es. tel￿ ?mpbyo8 ben&fiLS of the key managernenl pewnwl ￿ the dwty. nc1￿1￿ enW>yer c0ntrM*￿s. ¥we SJ4il 12022.. £Nill 11 Retir•ment benefit schemFs 2023 Z022 D•flnBd contr1t￿tfi0n schom Char98 10 profit or in r8spethdo8ffir￿ ¢cq)knbu&m 714 871 The chari￿le ￿p￿Y cperates a defined 0)nbi￿A￿ pensKAI sthen* fiy 81 empbyees The 85sets of Ihe scheme are hekl sep¥*ety trom IIM)se of the wrrwrty in ￿ indepe￿enuY adThynlster￿j fwd. 12 Galns and losses on Inveslments Un￿StrICt•d Un￿StrICt￿d fuNIs fund$ 2023 Gah¥lloS80slaii*r￿ cn.. Revakjabon of irweslments 549.823 I623,￿0) 13 Taxatlon The charity is exeryt from13xalion on its acbvibes because all ils ￿rA￿￿e is aprI￿dfor rtharitable pwp)5es 15- HINDAWI FOUNDATION NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 DECEMBER 2023 14 Flxed a$s*t Inv•str*nts Total Inv•stnw$ ITr￿5tr￿nts Cost or ¥a￿at1£ AI 1 Ja￿ary 3)23 5.625.2", 1,762.494 12.345.2B81 829.483 1274.5671 557.636 6.182.￿6 1.762.494 12,3452881 829.483 I274.￿7) Vaknaiion cf Revaluabon (Loss￿gaIn cn f((evJn excfwwe At 31 0¥KeTr*￿ 21Y23 5.$97,392 557.636 6.155.tr28 Carrying amowt At 31 Decerr&er2023 5.597.392 557.636 6.155.028 Al Jl 0￿*Th￿r2￿22 5.t*25,270 557,SJ6 b,18d. 2023 2022 Investrnent5 in subsKlranes 15 557.636 557.P)36 All lisled inve51rrents are ￿led atlheff fairydlue These ir￿*s1Menl5 a￿ all traded ￿ quotsl P￿iC rnarkets. The b8sis oftsir value forqwled kl￿trneDts iseqwv4entto ￿ Thrkel v¥bJe. 15 SubsidlaYl88 Detaib ofltr* cWtsWe ￿Pan(S suts"dw8s al 31 Dec￿2￿￿3 are Name of underta*ing class of Shar￿ held % Held tmrect Indlrect For Prinl & DthbJMTbPr(perty NL>. 1. Print & DthtsJlvJn Bkxk 7. A￿saf￿ Dsirict. Egypt Ind￿ Tethnokwj Bktk4. 5. 6 PUt4isl￿9& Distiibuti Ordinary 100.QN) Gny. Egwt 16- HINDAWI FOUNDATION NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 DECEMBER 2023 15 Subsidiariets (Continued) The oggreylc copi￿1 and rc3ervcs Iho resutt f¢r the year of 3ub5hgiori¢s exduded frym coroolKIali￿ wos JJ frAIowE.' Name of undertaklng ProffitllLos51 Capltal and Hindaw For Print & 5.463 196.667 98.447 589.132 Hind*w Techn¢bJ 16 Debtor5 2023 2022 Amounts fallin9 du• within ono y•ér. Arn¢Knts owcd ￿ subsidiory wdcrtaknry5 0th8rtlebiors Pre￿Yments and acc￿￿ ir¢crfr 5.189 lJ5.639 8.793 2.714 2.432 149,621 5.146 17 Cr•dltors'. amollnts falllng(k*T*tthkn on• ygar 2023 2022 Botrowin Othertaxalwjn and soc￿1 wjrity T13dE creditors OihercrtdttC*S Actruals and defer￿ incorne 130.( 242.813 134,706 177 102.787 444.865 87,678 388.460 Loans and overthafts 2023 2022 Loans frorn related parbes 130.(KX) e within year 130,1J)O In the wior year. th￿e was an int￿eSt free knan TWayab￿Cndern￿ due to Ahmal Hir￿3￿ ITrusteel c1£130.IX)O. This loan was waiv£Yl in Ihp Trjrrenl year. 17- HINDAWI FOUNDATION NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 DECEMBER 2023 19 UDrestrf¢tod fvnd5 The Lrrt8lricled funds of the thtyccffiwse Ihe uncxpcrthy bolanccsoldonebons and grents which erc Th)13ubJcct to gpeofi¢ condi1￿￿ by and ganlots as to tlw u*Y. At 1 j￿•ty ¢tyMing G*n8 31 D8comb0r 2023 General funds 6.034.784 212.573 1993.0551 549,8rJ 5.804.125 Pr•vk)us yoar.. Al 1 J￿ary 2022 comlng Rowx¢•s Galns and4t 31 D8¢•mbor 10ss•s 2022 General fuThls 7.131.440 115.304 1588.6601 1623 3001 6.034.784 20 R•lat•d party transactlons Transxtlon5 r*tsd pavlies During the ye¥tht tharity fore￿nSeS t(Aalng £2.475'2022". £nillon beha￿orit$ subsidw. Hindaw foi Prin1& DElritKAiDn. These eX￿S&S exF¥AwJ ID be rywj by ts sththrary. Durinu the Ye￿Affied 4waNed ￿ ￿tsta￿l￿￿ k>an oft130.(m12o￿.. Erwll (kne fromthe Ch￿ilY. During the ye¥ kne charity purchase seMces for thk and <￿￿tent tra￿akn. at¥J ￿are & apph'Bati( dtrvdopmeni totallw)y £Eé7.150120Z2". £19.W11 fton its subsvj 8ry. T￿nts ty*s. Amounts owed to ￿lated p8rt1 The f(dbwing amMI$ w8ie cvtstsndll￿ 81 lh8 reFth"rvJ wddate." 2023 2022 Eniiues over whKh the entsty has contrrl. Jwl C￿trOl or 5vJnifi(znt influerKe Key rnanawTr*rt p*srx)nd 240.815 130.( 240.815 130.LNXI 18- HINDAWI FOUNDATION NOTES TO THE FINANCIAL STATEMENTS IcopillNUED) FOR THE YEAR ENDED 31 DECEMBER 2023 20 Rdatsd party trtnsactions (Continued) Incbjded witrin trthY¢ poy•b*8 ￿5￿40815<20?2.. £nil} pey** by ￿ therity to tstubshliary. Hindawi Techrhologlcs ror 88Nces provthd. Al 31 De(*m￿r20?2 a ltsan baL8ni* of£130.OCKJ*dsdutrkn Hind￿ ITruste81. Thts IDan w8$ by Ahm￿ Hindar*i )*ar*d tyjlsia￿Jin9 t)￿r￿￿91 31 20ZJ ts £nl. Amounts owèd by rtlatod partie$ The folbwin9 amounis Ylere ai repxb"w ￿d￿816.. 2023 Balan¢8 2022 8alan¢o Enti1￿ overwt¥¢h theenbty has 0￿1r(A.pnt c£rni ￿ swJnificant 1nfiU￿e 140.828 2.714 140.828 2.714 In¢kn¢*d within AmtsJnis Patbes L% £5.189 12023." £2.7141 in raw balan£* du¥from t charffis subwd¥¥y. Hirfaw for Prini & Disbthtirn. Incb¢e¢ wilhin thr Debtrrsof£135.639(2￿. En￿} h￿1Vj a pa￿nent In tharref(Y servKe$ madg to the ChariW5 sUbSKJ￿ry, Hindawi Tethn￿o9￿. 19- This document was delivered using electronic communications and authenticated in accordance with ihe registrar's mles relating to electronic fomi, authenticatior and manner of delivery under sectioi) 1072 of the Companies Act ?006.