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2024-02-29-accounts

REGISTERED COMPANY NUMBER: 11201477 (England and Wales) REGISTERED CHARITY NUMBER: 1191124

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 29 February 2024

for IAAAE International

CapShire (UK) LLP 86 - 90 Paul Street London EC2A 4NE

IAAAE International

Contents of the Financial Statements for the Year Ended 29 February 2024

Page
Report of the Trustees 1 to 9
Statement of Trustees' Responsibilities 10
Independent Examiner's Report 11
Statement of Financial Activities 12
Balance Sheet 13
Cash Flow Statement 14
Notes to the Cash Flow Statement 15
Notes to the Financial Statements 16 to 27
Detailed Statement of Financial Activities 28 to 29

IAAAE International

Report of the Trustees

for the Year Ended 29 February 2024

The Trustees of the International Association of Ahmadi Architects and Engineers (IAAAE) are pleased to present the Annual Report for the year ended 2024. This report outlines the impact of our organisation's activities and highlights key achievements in alignment with our mission to address critical development challenges globally. The focus remains on implementing sustainable solutions to improve access to water, renewable energy, education, agriculture and food security, and infrastructure in Least Developed Countries (LDCs).

Objectives and aims

The relief of those in need, by reason of youth, age, ill-health, disability, economic or social disadvantage in such parts of the world as the trustees shall determine by the provision of architectural, construction, engineering and related technical services to remote village communities with the aim of providing clean and safe water supplies, drainage, sanitation and solar energy, systems, housing, hospitals, schools, places of worship, community facilities and appropriate training in connection with the maintenance of the same.

The guiding principle of the charity is " Remember it will always remain our duty to serve those who are less fortunate to care for them and to seek to remove their pain and hardships "

Governance and internal control

The IAAAE operates through dedicated committees, each focused on specific developmental objectives. Our strong and experienced leadership teams encourage all committees with crossfunctional collaboration to help maximize the organisation's reach and impact while ensure the effective use of resources to deliver the highest quality workmanship and levels of return in beneficiary impact.

The following Trustees report outlines the significant contributions and impact achieved by IAAAE disciplines during the financial year 2023-2024. The activities carried out by the various committees have directly benefited hundreds of thousands of individuals across multiple regions, contributing to IAAAE's commitment to the Global United Nations sustainable development goals.

IAAAE has significantly improved access to clean water, renewable energy, education, healthcare, and infrastructure in underserved and remote regions.

Public benefit

Through continued efforts and the grateful support of all our volunteers and donors, IAAAE has continued to improve access to opportunities and enhance the quality of lives for thousands of individual beneficiaries. All while accelerating and achievement of advancing across multiple global sustainable development goals. From clean water access and renewable energy to education, agriculture, food security and infrastructure, IAAAE continues to inclusively empower and serve communities and individuals alike with sustainable and impactful, yet inclusive solutions which have equity, compassion and our ethos to serve humanity at its core.

Page 1

IAAAE International

Report of the Trustees

for the Year Ended 29 February 2024

STRATEGIC REPORT

Achievement and performance

Charitable activities

1 – Water For Life Committee

In 2023-2024, the Water for Life Committee delivered access to clean, safe drinking water to over 74,250 people across five countries. Projects included the installation of solar-powered wells, boreholes, and hand pumps. These initiatives directly addressed water scarcity and its associated health challenges, empowering communities with sustainable solutions.

Key Achievements by Country:

• Benin:

• Burundi:

Page 2

IAAAE International

Report of the Trustees

for the Year Ended 29 February 2024

Training Initiative:

o Held a comprehensive water systems training program in Germany for 40 IAAAE members.

2 – Alternative Energy Committee (AEC)

The Alternative Energy Committee focused on providing sustainable energy solutions by repairing, maintaining, and installing solar systems across Africa. These efforts enabled reliable access to energy for 23,110 individuals , powering homes, schools, and essential infrastructure in underserved communities.

Key Achievements by Country:

o Uganda:

o Burundi:

o Guinea Bissau:

Page 3

IAAAE International

Report of the Trustees for the Year Ended 29 February 2024

• Ivory Coast:

• Benin:

3 – Model Village Committee

The Model Village initiative continued its mission to establish integrated, sustainable rural communities across multiple countries. By addressing key areas such as water, energy, sanitation, education, and infrastructure, the program positively impacted over 11,000 beneficiaries with projects spanning seven countries during 2023-2024. Below are detailed updates on specific villages.

Key Highlights:

Ghana (Sumanitenga Village):

Page 4

IAAAE International

Report of the Trustees

for the Year Ended 29 February 2024

- Niger (Sabon Gari Village):

Tanzania (Kabatange Village):

Mali:

• Sorontiguila Village:

• Dialakoro Village:

Page 5

IAAAE International

Report of the Trustees for the Year Ended 29 February 2024

Ivory Coast:

- Gambia (Mure Kunda TOWN):

4– Architecture Committee

The IAAAE Architecture Department advanced housing projects in Nigeria and Ghana , emphasising community-oriented design, sustainability, and inclusivity.

Key Achievements:

Page 6

IAAAE International

Report of the Trustees for the Year Ended 29 February 2024

• Ghana:

6 – MITC (Masroor International Technical College)

The construction of MITC in Ilaro, Nigeria, continued as scheduled. The first phase,

including the building shell, windows, and doors, was completed. The college is set to welcome its inaugural cohort in Q3 2024 , focusing on technical and vocational training to empower locals with skills leading to employability and career paths.

7 – Agriculture & Food Security

The Agricultural Department implemented innovative practices to enhance food security and boost agricultural productivity.

Key Projects by Region:

• Nigeria:

• UK:

Page 7

IAAAE International

Report of the Trustees

for the Year Ended 29 February 2024

IAAAE Impact Summary

Through continued efforts and the grateful support of all our volunteers and donors, IAAAE has continued to improve access to opportunities C enhance the quality of lives for thousands of individual beneficiaries. All while accelerating and achievement of advancing across multiple global sustainable development goals. From clean water access and renewable energy to education, agriculture, food security and infrastructure, IAAAE continues to inclusively empower and serve communities and individuals alike with sustainable C impactful, yet inclusive solutions which have equity, compassion and our ethos to serve humanity at its core.

Financial review

Reserves policy

IAAAE has been managing its reserves in accordance with its policies and approving projects and expenditure where the Trustees feel there are opportunities to increase value of the causes for which the Charity stands for. The Charity's long-term aim is to hold reserves equivalent to six months of expenditure. The Trustees believe this should provide sufficient funds to facilitate the continuity of operations. Income of IAAAE is expected to remain consistent from its donors and there appears to be no risk of significant loss in income in the foreseeable future. Trustees therefore may review the level of these reserves and decide on reducing their level in future years, provided worthy causes or investment opportunities arise in future.

Page 8

IAAAE International

Report of the Trustees

for the Year Ended 29 February 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

11201477 (England and Wales)

Registered Charity number

1191124

Registered office

Tahir House 22 Deer Park Road London SW19 3TL

Trustees

M A Ahmedi, BSc (Hons), Member of Institute of Civil Engineers,(Chairman) S A Choudry, BSc (Aerospace Engineering) Dr S A Mirza, Structural Engineer I A Quraishi, BE, MSc, CEng MICE, MIDE M U Rehman, BSc Civil Engineering (Structures), MSc. (Software Engineering)

Company Secretary

M U Rehman

Independent Examiner

CapShire (UK) LLP 86 - 90 Paul Street London EC2A 4NE

Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 26 November 2024 and signed on the board's behalf by:

M A Ahmedi - Trustee

Page 9

IAAAE International

Statement of Trustees' Responsibilities for the Year Ended 29 February 2024

The trustees (who are also the directors of IAAAE International for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Page 10

Independent Examiner's Report to the Trustees of IAAAE International

Independent examiner's report to the trustees of IAAAE International ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 29 February 2024.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of ICAEW which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Noor Choudhary, FCA CapShire (UK) LLP 86 - 90 Paul Street London EC2A 4NE

26 November 2024

Page 11

IAAAE International

Statement of Financial Activities for the Year Ended 29 February 2024

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
339,358
Investment income
3
179
Total
339,537
EXPENDITURE ON
Raising funds
4
57,504
Charitable activities
5
Ramadhan Charity
13,417
Architectural projects
22,035
Alternative energy project
-
Agriculture and farming project
-
Water for life
-
Model village project
-
Housing support
28,504
Mosque project
28
Other
56,047
Total
177,535
NET INCOME/(EXPENDITURE)
162,002
Transfers between funds
12
(243,184)
Net movement in funds
(81,182)
RECONCILIATION OF FUNDS
Total funds brought forward
78,152
TOTAL FUNDS CARRIED FORWARD
(3,030)		 Restricted
funds
£
274,903
-
274,903
-
-
97,471
83,203
60,592
165,661
62,723
-
7,500
-
477,150
(202,247)
243,184
40,937
84,524
125,461		 29.2.24
Total
funds
£
614,261
179
614,440
57,504
13,417
119,506
83,203
60,592
165,661
62,723
28,504
7,528
56,047
654,685
(40,245)
-
(40,245)
162,676
122,431		 28.2.23
Total
funds
£
471,365
25
471,390
11,508
18,441
46,429
141,480
-
184,830
94,566
-
-
75,550
572,804
(101,414)
-
(101,414)
264,090
162,676

The notes form part of these financial statements

Page 12

IAAAE International

Balance Sheet

29 February 2024

Unrestricted
fund
Notes
£
CURRENT ASSETS
Debtors
10
-
Cash at bank
-
-
CREDITORS
Amounts falling due within one year
11
(3,030)
NET CURRENT ASSETS/(LIABILITIES)
(3,030)
TOTAL ASSETS LESS CURRENT
LIABILITIES
(3,030)
NET ASSETS
(3,030)
FUNDS
12
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
funds
£
-
125,461
125,461
-
125,461
125,461
125,461		 29.2.24
Total
funds
£
-
125,461
125,461
(3,030)
122,431
122,431
122,431
(3,030)
125,461
122,431		 28.2.23
Total
funds
£
100
164,576
164,676
(2,000)
162,676
162,676
162,676
78,152
84,524
162,676

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The financial statements were approved by the Board of Trustees and authorised for issue on 26 November 2024 and were signed on its behalf by:

M A Ahmedi - Trustee

The notes form part of these financial statements

Page 13

IAAAE International

Cash Flow Statement

for the Year Ended 29 February 2024

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash used in operating activities
Cash flows from investing activities
Interest received
Net cash provided by investing activities
Change in cash and cash
equivalents in the reporting
period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the
end of the reporting period		 29.2.24
£
(39,295)
(39,295)
179
179
(39,116)
164,576
125,460		 28.2.23
£
(101,439)
(101,439)
25
25
(101,414)
265,990
164,576

The notes form part of these financial statements

Page 14

IAAAE International

Notes to the Cash Flow Statement

for the Year Ended 29 February 2024

1. RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES

ACTIVITIES
29.2.24
28.2.23
£ £
Net expenditure for the reporting period (as per the
Statement of Financial Activities) (40,245) (101,414)
Adjustments for:
Interest received (179) (25)
Increase in creditors 1,129 -
Net cash used in operations (39,295) (101,439)
2. ANALYSIS OF CHANGES IN NET FUNDS
At 1.3.23 Cash flow At 29.2.24
£ £ £
Net cash
Cash at bank 164,576 (39,116) 125,460
Total 164,576 (39,116) 125,460

The notes form part of these financial statements

Page 15

IAAAE International

Notes to the Financial Statements for the Year Ended 29 February 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Page 16

continued...

IAAAE International

Notes to the Financial Statements - continued

for the Year Ended 29 February 2024
2.
DONATIONS AND LEGACIES
Donations from individuals
Grants from AMJ
Grants received, included in the above, are as follows:
Other grants
3.
INVESTMENT INCOME
Deposit account interest
4.
RAISING FUNDS
Raising donations and legacies
Symposiums and exhibitions		 29.2.24
£
113,176
501,085
614,261
29.2.24
£
501,085
29.2.24
£
179
29.2.24
£
57,504		 28.2.23
£
183,810
287,555
471,365
28.2.23
£
287,555
28.2.23
£
25
28.2.23
£
11,508

Page 17

continued...

IAAAE International

Notes to the Financial Statements - continued

for the Year Ended 29 February 2024

5. CHARITABLE ACTIVITIES COSTS

5.
CHARITABLE ACTIVITIES COSTS
Ramadhan Charity
Architectural projects
Alternative energy project
Agriculture and farming project
Water for life
Model village project
Housing support
Mosque project
6.
GRANTS PAYABLE
Ramadhan Charity
Housing support		 Direct
Costs
£
-
119,506
83,203
60,592
165,661
62,723
-
7,528
499,213		 Grant
funding of
activities
(see note
6)
£
13,417
-
-
-
-
-
28,504
-
41,921
29.2.24
£
13,417
28,504
41,921		 Totals
£
13,417
119,506
83,203
60,592
165,661
62,723
28,504
7,528
541,134
28.2.23
£
18,441
-
18,441

Page 18

continued...

IAAAE International

Notes to the Financial Statements - continued

for the Year Ended 29 February 2024

7. SUPPORT COSTS

Information Governance
Management
Finance
technology
costs
£
£
£
£
Other resources
expended
49,744
383
2,335
3,585
Support costs, included in the above, are as follows:
Management
29.2.24
Other
resources
expended
£
Travel and subsistence
35,809
Printing and postage
1,025
Sundries
148
Rent
12,762
49,744
Finance
29.2.24
Other
resources
expended
£
Bank charges
383
Information technology
29.2.24
Other
resources
expended
£
Telephone
1,796
Software and subscriptions
539
2,335		 Totals
£
56,047
28.2.23
Total
activities
£
51,569
8,908
662
6,886
68,025
28.2.23
Total
activities
£
417
28.2.23
Total
activities
£
4,325
-
4,325

Page 19

continued...

IAAAE International

Notes to the Financial Statements - continued for the Year Ended 29 February 2024

7. SUPPORT COSTS - continued Governance costs

SUPPORT COSTS - continued
Governance costs
29.2.24 28.2.23
Other
resources Total
expended activities
£ £
Accountancy and legal fees 3,585 2,783

8. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 29 February 2024 nor for the year ended 28 February 2023.

9.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted
fund
funds
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
64,946
406,419
Investment income
25
-
Total
64,971
406,419
EXPENDITURE ON
Raising funds
11,508
-		 Total
funds
£
471,365
25
471,390
11,508

Page 20

continued...

IAAAE International

Notes to the Financial Statements - continued for the Year Ended 29 February 2024

9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued

Unrestricted
fund
£
Charitable activities
Ramadhan Charity
18,441
Architectural projects
26,429
Alternative energy project
-
Water for life
-
Model village project
-
Other
75,550
Total
131,928
NET INCOME/(EXPENDITURE)
(66,957)
RECONCILIATION OF FUNDS
Total funds brought forward
145,109
TOTAL FUNDS CARRIED
FORWARD
78,152
10.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors		 Restricted
funds
£
-
20,000
141,480
184,830
94,566
-
440,876
(34,457)
118,981
84,524
29.2.24
£
-		 Total
funds
£
18,441
46,429
141,480
184,830
94,566
75,550
572,804
(101,414)
264,090
162,676
28.2.23
£
100

Page 21

continued...

IAAAE International

Notes to the Financial Statements - continued for the Year Ended 29 February 2024

11.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Accrued expenses
12.
MOVEMENT IN FUNDS
Net
movement
At 1.3.23
in funds
£
£
Unrestricted funds
General fund
78,152
162,002
Restricted funds
Alternate Energy Project
16,327
(83,203)
Water For Life Project
14,312
(140,688)
Model Village Project
7,765
138,363
Architectural Project - MITC
46,120
(83,491)
Agriculture and Farming Project
-
(33,228)
84,524
(202,247)
TOTAL FUNDS
162,676
(40,245)		 29.2.24
£
3,029
3,029
Transfers
between
funds
£
(243,184)
66,876
126,376
(20,667)
37,371
33,228
243,184
-		 28.2.23
£
2,000
2,000
At
29.2.24
£
(3,030)
-
-
125,461
-
-
125,461
122,431

Page 22

continued...

IAAAE International

Notes to the Financial Statements - continued for the Year Ended 29 February 2024

12. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Alternate Energy Project
Water For Life Project
Model Village Project
Architectural Project - MITC
Mosque Project
Agriculture and Farming Project
TOTAL FUNDS		 Incoming
resources
£
339,537
-
24,973
201,086
13,980
7,500
27,364
274,903
614,440		 Resources
expended
£
(177,535)
(83,203)
(165,661)
(62,723)
(97,471)
(7,500)
(60,592)
(477,150)
(654,685)		 Movement
in funds
£
162,002
(83,203)
(140,688)
138,363
(83,491)
-
(33,228)
(202,247)
(40,245)

Page 23

continued...

IAAAE International

Notes to the Financial Statements - continued for the Year Ended 29 February 2024

12. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General fund
Restricted funds
Alternate Energy Project
Water For Life Project
Model Village Project
Architectural Project - MITC
TOTAL FUNDS		 At 1.3.22
£
145,109
15,307
54,087
20,194
29,393
118,981
264,090		 Net
movement
in funds
£
(66,957)
1,020
(39,775)
(12,429)
16,727
(34,457)
(101,414)		 At
28.2.23
£
78,152
16,327
14,312
7,765
46,120
84,524
162,676

Page 24

continued...

IAAAE International

Notes to the Financial Statements - continued for the Year Ended 29 February 2024

12. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Alternate Energy Project
Water For Life Project
Model Village Project
Architectural Project - MITC
TOTAL FUNDS		 Incoming
resources
£
64,971
142,500
145,055
82,137
36,727
406,419
471,390		 Resources
expended
£
(131,928)
(141,480)
(184,830)
(94,566)
(20,000)
(440,876)
(572,804)		 Movement
in funds
£
(66,957)
1,020
(39,775)
(12,429)
16,727
(34,457)
(101,414)

Page 25

continued...

IAAAE International

Notes to the Financial Statements - continued for the Year Ended 29 February 2024

12. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Restricted funds
Alternate Energy Project
Water For Life Project
Model Village Project
Architectural Project - MITC
Agriculture and Farming Project
TOTAL FUNDS		 At 1.3.22
£
145,109
15,307
54,087
20,194
29,393
-
118,981
264,090		 Net
movement
in funds
£
95,045
(82,183)
(180,463)
125,934
(66,764)
(33,228)
(236,704)
(141,659)		 Transfers
between
funds
£
(243,184)
66,876
126,376
(20,667)
37,371
33,228
243,184
-		 At
29.2.24
£
(3,030)
-
-
125,461
-
-
125,461
122,431

Page 26

continued...

IAAAE International

Notes to the Financial Statements - continued for the Year Ended 29 February 2024

12. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming
resources
£
Unrestricted funds
General fund
404,508
Restricted funds
Alternate Energy Project
142,500
Water For Life Project
170,028
Model Village Project
283,223
Architectural Project - MITC
50,707
Mosque Project
7,500
Agriculture and Farming Project
27,364
681,322
TOTAL FUNDS
1,085,830
(1		 Resources
expended
£
(309,463)
(224,683)
(350,491)
(157,289)
(117,471)
(7,500)
(60,592)
(918,026)
,227,489)		 Movement
in funds
£
95,045
(82,183)
(180,463)
125,934
(66,764)
-
(33,228)
(236,704)
(141,659)

13. RELATED PARTY DISCLOSURES

Donations made to the charity by Trustees in the year totalled £7,779 (2023: £4,851).

Expenses reimbursed to Trustees in the year totalled £5,640 (2023: £5,899).

Page 27

IAAAE International

Detailed Statement of Financial Activities
for the Year Ended 29 February 2024
INCOME AND ENDOWMENTS
Donations and legacies
Gifts
Donations from individuals
Grants from AMJ
Investment income
Deposit account interest
Total incoming resources
EXPENDITURE
Raising donations and legacies
Symposiums and exhibitions
Charitable activities
Contractor cost
Alternative energy project
Water for life project
Model village project
Architectural project
Agriculture & farming project
Mosque project
Grants to individuals
Support costs
Management
Travel and subsistence
Printing and postage
Sundries
Rent
Finance
Bank charges
Information technology
Telephone
Carried forward		 29.2.24
£
3
113,173
501,085
614,261
179
614,440
57,504
22,035
83,203
165,661
62,723
97,471
60,592
7,528
41,921
541,134
35,809
1,025
148
12,762
49,744
383
1,796
1,796		 28.2.23
£
1
183,809
287,555
471,365
25
471,390
11,508
26,429
141,480
184,830
94,566
20,000
-
-
18,441
485,746
51,569
8,908
662
6,886
68,025
417
4,325
4,325

This page does not form part of the statutory financial statements

Page 28

IAAAE International

Detailed Statement of Financial Activities

for the Year Ended 29 February 2024
Information technology
Brought forward
Software and subscriptions
Governance costs
Accountancy and legal fees
Total resources expended
Net expenditure		 29.2.24
£
1,796
539
2,335
3,585
654,685
(40,245)		 28.2.23
£
4,325
-
4,325
2,783
572,804
(101,414)

This page does not form part of the statutory financial statements

Page 29