The Suffa Educational Foundation
Report and Accounts
st
Period ended 31 March 2024
Charity number: 1186530

The Suffa Educational Foundation
Period ended 31 March 2024
Contents
Reference and Administrative details.....................................................................................................
Trustees Report .
Independent Examiner's Report..
Statement of Financial Activities
Balance Sheet
Statement of Cash Flows .
.10
Notes to the Accounts .
.11
Pa8e 2 of 15

The Suffa Educational Foundation
Period ended 31 March 2024
Reference and Administrative details
Charity name
The Suffa Educational Foundation
Reglstered charlty number
1186530
Principal office address
279B Kensal Rd
London
WIO 5DB
Chairperson
A Nazri
Trustees
A Nazri
S Noor
Z Yusoh
M Kamaludin l Appointed 3 July 20241
M Yusuf l Appointed 3 July 20241
Bankers
HSBC Bank
240 Lavender Hill
Clapham Junction
SWII ILH
Independent Examiner
Haroon Patel, FCCA
Strone Accountants
Unit 10, 45 Gillender Street
Poplar
E146RN
Pa8e 3 of 15

The Suffa Educational Foundation
Period ended 31 March 2024
Trustees, Report
The trustees have pleasure in presenting their report and the financial statements for the charity for
the period ended 31st March 2024.
The trustees have adopted the provisions of Accounting and Reporting by Charities= Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffective I
January 20151.
The trustees have considered the Charity Commission's guidance on public benefit, including the
guidance 'public benefit: running a charity IPB21'.
The Trustees present their report and the financial statements for the period ended 31st March
2024. The Trustees who served during the period and up to the date of this report are set out on page
Structure. Governance and Management
The Charity is constituted as a Charitable Incorporated Organisation ICIOI Foundation, as a body
corporate under Part 11 of the Charities Act 2011 on 19 November 2019. The CIO registered with the
Charity Commission on 22 November 2019.
Objectives and Artivities
The charity was formed to further advance the religion of Islam for the public benefit in London and
the surrounding areas through the holding of prayer meetings, lectures, public celebration of
religious festivals and distribution of literature on Islam to enlighten others about the religion. To also
benefit the residents of London and the surrounding areas without distinction of sex, sexual
orientation, race, political or religious opinions by associatinE together in common effort to advance
education and to provide facilities in the interest of social welfare for recreation and leisure time
occupation with the objective of improving the conditions of life for the communities.
Achievements and Performance
The period ended 31st March 2024 saw The Suffa Educational Foundation increasing its online
presence especially in Islamic and academic domains due to the growing community and students
from outside London and the UK. In response to this remarkable growth, the Suffa Educational
Foundation hired more staff as well as online teachers to meet the increasing demand for its KAFA
program as well as other academic supplementary programs. The KAFA program now has almost 200
students which reflect increased support and subscription from parents who entrust the charity with
the religious education of their children.
During this period, the charity moved to a new office which allowed for better use by the community.
This completely self-contained space hosted not only Islamic classes, but also solemnisation
ceremonies as well as counselling sessions among other key programs. An indispensable part of the
charity's work continue to be face-to-face interactions and programs, which build rapport and trust
between the charity and its beneficiaries, and this new space has facilitated this even more.
Pa8e 4 of 15

The Suffa Educational Foundation
Period ended 31 March 2024
Financial Review
During the period in review, the charity managed to raise £300,219 from donations received and
charitable activities throughout the year. Ramadan continued to be a crucial & important time for
raising funds through our Ramadan fundraiser and zakat collections. One-off donations as well as
monthly donors continue to be essential for the sustainability of the charity. In this period, significant
donations were received from corporations with whom the charity continue to establish excellent
rapport with. The funds were used for.. the administration of the charity's various programs and
classes, management of its social welfare and community services, as well as alms towards the poor
and the needy from the community. On top of this, the funds were used to pay for the charity's
overheads, which include rent, utilities, as well as administrative costs such as salaries and software.
Income for the 12-month period to 31st March 2024 amounted to £300,219 and expenditure
amounted to £268,792, which resulted in a surplus of £31,427.
Based on the performance in review, the trustees are optimistic that the charity will continue to
operate for the foreseeable future.
Reserves Policy
Per the Charity Commission guidance, the Trustees regularly review the level of income reserves
that it considers appropriate to carry on fulfilling the objectives of the charity. At 31st March
2024, the Trustees consider it appropriate to aim to hold reserves equivalent to one
month's worth of expenditure. The resetves as of 31 March 2024 was £5,372.
Pa8e 5 of 15

The Suffa Educational Foundation
Period ended 31 March 2024
Statement of Trustees, Responsibilities
The Trustees are responsible for preparing the Trustees, Annual Report and the financial statements
in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom
Generally Accepted Accounting Practice).
Law applicable to charities in England and Wales requires the trustees to prepare financial statements
for each financial year, which give a true and fair view of Charity and of the incoming resources and
application of resources of the Charity for that year.
In preparing these financial statements the Trustees are required to..
select suitable accounting policies and then apply them consistentlv,.
observe the methods and principles in the Charities SORP,.
make judgments and estimates that are reasonable and prudent-
state whether applicable UK Accounting Standards have been followed, subject to any
material departures disclosed and explained in the financial statements,. and
prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable
accuracy at any time the financial position of the charity and enable them to ensure that the financial
statements comply with the Charities Act 1993 and the Charity (Accounts and Reports) Regulations
2008.
They are also responsible for safeguarding the assets of the charity and hence for taking reasonable
steps for the prevention and detection of fraud and other.
This report was approved by the trustees and signed on its behalf by
Date= 2910112025
Mr Amer Farhan bin Ahmad Nazrl
Chairper50n, Board of Trustees
Pa8e 6 of 15

The Suffa Educational Foundation
Period ended 31 March 2024
Independent Examiner's Report
To the trustees of The Suffa Educational Foundation
I report on the accounts of the above charitable incorporated organisation for the period ended 31
March 2024, which are set out on pages 8 to 15.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 20111"the Act").
The Charity's trustees consider that an audit is not required for this period under section 144 of the
Act and that an independent examination is needed.
It is my responsibility to..
examine the accounts under section 145 of the Charities Act,
to follow applicable Directions given by the Charity Commission lunder section 14515llbl of
the Act, and
To state whether particular matters have come to my attention.
Basls of Independent examlnerfs statement
My examination was carried out in accordance with general Directions given by the Charity
Commission. An examination includes a review of the accounting records kept by the charity and a
comparison of the accounts presented with those records. It also includes consideration of any
unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning
any such matters. The procedures undertaken do not provide all the evidence that would be required
in an audit, and consequently no opinion is 8iven as to whether the accounts present a 'true and fai
view and the report Is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no material matters have come to my attention which gives me
cause to believe that in, any material respert..
accounting records were not kept in accordance with section 130 of the Charities Act or
the accounts do not accord with the accounting records
I have not Come across any matters in connection with the examination to which attention should be
drawn in order to enable a proper understanding of the accounts to be reached.
Date:
Haroon Patel. ACCA
Independent Examiner
Strone Accountants
Unit 10. 45 Gillender Street
E14 6RN
291011202
Pa8e 7 of 15

Type text here
The Suffa Educational Foundation
Period ended 31 March 2024
Statement of Financial Activities
Period Ended 31 March 2024
Unrestricted
funds
Restricted
funds
2024
Total funds
2023
Total funds
Notes
Incoming resources
Donations and legacies
Charitable activities
214,238
69,553
16,428
230,666
69,553
127,794
56,898
Total Incoming resources
283.791
16.428
300.219
184,692
Resources expended
Charitable activities
1261,0321
17,7601
1268,7921
1232,5851
Total Resources expended
{261,0321
{7,760)
1268,7921
1232,5851
Net income/(expenditure)
22,759
8,668
31,427
147,8931
Net movement in funds
22,759
8,668
31,427
147,8931
Reconciliation offvnds."
Total funds brought forward
Transfer
116,4051
19821
10,318
982
16,0871
41,806
Total funds carried forward
5.372
19.968
25.340
16,0871
Pa8e 8 of 15

The Suffa Educational Foundation
Period ended 31 March 2024
Balance Sheet
As at 31 March 2024
Unrestrirted
funds
Restricted
funds
2024
Totsl funds
2023
Total funds
Notes
Fixed assets
Computer and equipment
656
656
850
656
656
850
Current assets
Debtors
Cash at bank and in hand
10,163
19,748
10,163
39,716
3,780
10,318
io
19,968
Total current assets
Creditors: amounts falling
due wlthln one year
29,911
19,968
49,879
14,098
li
125,1951
125,1951
121,0351
Net current assets/(liabilltles)
4,716
19,968
24,684
16,9371
Total assets less current
Ilabllltles
5,372
19,968
25,340
16,0871
Creditors: amounts falling
due after one year
Total net asset5 or liabilities
5,372
19,968
25,340
16,0871
Funds of the Charity
Restricted income funds
Unrestricted funds
12
19,968
19,968
5,372
10,318
116,4051
5,372
Totalfunds
5,372
19.968
25.340
16,0871
The financial statements w
by:
re approved and authorised for issue by the Board and signed on its behalf
Date:......2910112025
Mr Amer Farhan bin Ahmad Nazri
Chairperson, Board of Trustees
Pa8e 9 of 15

The Suffa Educational Foundation
Period ended 31 March 2024
Statement of Cash Flows
2024
2023
Cash flows from operating activities:
Net movement in funds
29,398
130,6981
Net cash flow of operating artivities
29,398
130,6981
Change in cash and cash equivalents in the year
29,398
130,6981
Cash and Cash equivalents brought forward
10,318
41,016
Total cash and cash equivalents at the end of the year
39,716
10,318
Pa8e 10 of 15

The Suffa Educational Foundation
Period ended 31 March 2024
Notes to the Accounts
Accounting Policies
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in
the preparation of the financial Statements are as follows..
Basls of preparatlon IFRS1021
The financial statements have been prepared in accordance with Accounting and Reporting bv
charities.. Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
1021 leffective l January 20151 (Charities SORP IFRS 10211, the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011.
The Suffa Education Foundation meets the definition of a public benefit entity under FRS 102. Assets
and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in
the relevant accounting policy notelsl.
The financial statements are presented in sterling which is the functional currency of the charity and
are not rounded.
Income
Income is recoEnised when the charity has entitlement to the funds, any performance conditions
attached to the itemlsl of income have been met, it is probable that the income will be received, and
the amount can be measured reliably.
Income, whether'capital, grants or'revenue, grants, is recognised when the charity has entitlement to
the funds, any performance conditions attached to the grants have been met, it Is probable that the
income will be received, and the amount can be measured reliably and is not deferred.
Income received in advance of a project or provision of other specified senjice is deferred until the
criteria for income recognition are met.
Donated services and facilities
Donated professional services and donated facilities are recognised as income when the charity has
control over the item, any conditions associated with the donated item have been met, the receipt of
economic benefit from the use by the charity of the item is probable and that economic benefit can
be measured reliably.
On receipt, donated professional setvices and donated facilities are recognised based on the value of
the gift to the charity which is the amount the charity would have been willing to payto obtain services
or facilities of equivalent economic benefit on the open market.
Pa8e 11 of 15

The Suffa Educational Foundation
Period ended 31 March 2024
Fund accounting
Unrestricted funds are available to spend on activities that further any of the purposes of charity.
Designated funds are unrestricted funds of the charity which the Trustees have decided to set aside
to use for a specific purpose. Restricted funds are donations which the donor has specified are to be
solely used for areas of the charit￿5 work or for specific projects being undertaken by the charity.
Expendlture
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third
party, it is probable that settlement will be required, and the amount of the obligation can be
measured reliably. Expenditure is classified under the following activity headings..
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
Allocation of support Costs
Support costs are those functions that assist the work of the charity but do not directly undertake
charitable activities. Support costs include back office costs, finance, personnel and governance costs
which support the charity's artistic programmes and activities. Support costs have been allocated in
proportion to expenditure incurred in undertaking an activity.
Cash at bank and in hand
Cash at bank and cash in hand includes cash and amounts in deposit accounts.
Debtors and Prepayments
Trade and other debtors are recognised at the settlement amount due after any trade discount
offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a
past event that will probably result in the transfer of funds to a third party and the amount due to
settle the obligation can be measured or estimated reliably. Creditors and provisions are normally
recogni5ed at their settlement amount after allowing for any trade discounts due.
Pa8e 12 of 15

The Suffa Educational Foundation
Period ended 31 March 2024
Analysis of Incoming Resources
Unrestrlrted
fund5
Restrlcted
funds
2024
Total funds
2023
Total funds
Donations and legacies
Charitable activitie5
214,238
69,553
16,428
230,666
69,553
127,794
56,898
184,692
Totsl
283,791
16,428
3CiI,219
Analysis of Resources expended
staff
other
Support
costs
2024
Total
2023
Total
costs
costs
Charitable activities
Activities undertaken directly..
145,728
25,881
97,183
268,792
232,585
Total
145.728
25.881
97.183
268,792
232,585
Analysis of staff costs, Charity remuneration and expenses, and key
management personnel.
2024
2023
Salaries and Staff Wages
Tax and Social Security Costs
139,991
131,343
5,737
12,230
Totsl
145,728
143,573
No employees had employee benefits more than £60,000
The charity trustees were not paid or received any other benefits from employment with the charity,
neither were they reimbursed expenses during the period. No other charity received payment for
professional or other services supplied to the charity.
Pa8e 13 of 15

The Suffa Educational Foundation
Period ended 31 March 2024
Staff Numbers
The average monthly head count was 3 staff and the average monthly number of full-time equivalent
employees (including casual and part-time staff) durinE the period were as follows..
2024
2023
Charitable Activities
Related Party Transactions
Neither the Trustees nor any persons connected with them received any remuneration, benefits in
kind from the Charity during the period. During the period under review, no trustees received
reimbursement of travelling expenses.
Corporatlon Taxation
The charity is exempt from corporation tax on its income and gains to the extent that these are applied
to its charitable objectives.
Fixed assets
2024
2023
Computer and Equipment
Cost
Depreciation for the year
Accumulated Depreciation B/Fwd
2,706
11,1481
19021
1,998
16671
14811
656
850
Debtors
2024
2023
Rent Deposit
Other Debtors
10,163
3,780
10,163
3,780
Pa8e 14 of 15

The Suffa Educational Foundation
Period ended 31 March 2024
io.
Cash at Bank and in Hand
2024
2023
Cash at Bank
39,264
452
9,671
647
Cash in Hand
Totsl
39,716
10,318
ii.
Creditors: amounts falling due within one year
2024
2023
Accruals
Social Security Taxe5
Other Creditors
1,300
23,615
280
1,250
18,977
808
Totsl
25,195
21,035
12.
Charlty Funds
2023
Balance
BIF
2024
Balance
CIF
Income
Expenditure
Transfers
Fund names
Zakaat
Restricted
Qurbani
Restricted
General Fund Unrestricted
10,318
14,602
1,826
283,791
17,7601
982
18,142
1,826
5,372
116,4051
1261,0321
19821
Total Funds
16,0871
300,219
1268,7921
25,340
Pa8e 15 of 15