**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:
- Installed 20 mini solar wells and 37 hand pumps.
- Benefited 57,750 individuals by providing a reliable water supply, reducing dependency on unsafe water sources.
- Burkina Faso:
- Installed 3 solar wells in rural areas.
- Benefited 4,500 individuals , reducing the time women and children spend collecting water.
## • Burundi:
- Installed 1 borehole and 1 solar powered well.
- Benefited 1,500 individuals , improving water access in areas with limited infrastructure.
- Guinea Bissau:
- Installed 6 solar wells.
- Benefited G,000 individuals , fostering better hygiene and reducing waterborne diseases.
- Niger:
- Installed 1 borehole and 1 solar powered well.
- Benefited 1,500 individuals , supporting community resilience in arid regions.
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.
- Topics covered included:
- Borehole design and operation.
- Maintenance of hand pumps and solar wells.
- Health and safety standards.
- Travel planning for project deployments.
- The training strengthened the organization’s technical capacity to design, implement, and maintain water systems effectively.
## 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:
- Sierra Leone:
- Repaired 25 solar systems, benefiting 5,000 individuals .
- Improved energy reliability for schools and healthcare facilities.
## `o` Uganda:
- Repaired 15 solar systems and relocated systems to remote areas without grid access.
- Benefited 3,000 individuals , enabling consistent electricity for households and small businesses.
## `o` Burundi:
- Repaired 3 solar systems at village schools and community centres.
- Benefited 600 individuals , enhancing educational environments.
## `o` Guinea Bissau:
- Repaired 5 solar systems in rural villages.
- Benefited 1,000 individuals, enabling nighttime safety and productivity.
Page 3
IAAAE International
## Report of the Trustees for the Year Ended 29 February 2024
## • Ivory Coast:
- Repaired 10 solar systems, benefiting 2,000 individuals
## • Benin:
- Repaired 35 systems and installed 18 new solar systems.
- Benefited 10,600 individuals , improving household energy access and supporting local businesses.
- Tanzania:
- Installed a new solar system for a family affected by frequent power outages.
- Benefited 5 individuals .
- Nigeria:
- Installed a new solar system for a family in rural Nigeria.
- Benefited 5 individuals .
- Burkina Faso:
- Repaired 3 solar systems, benefiting 600 individuals near Ouagadougou.
## 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):
- Drilled a third borehole for the water distribution network.
- Designed and implemented the water network system.
- Installed 14 solar-powered LED streetlights at key locations, including the mosque area.
- Completed the construction of toilet facilities.
- Designed and commenced the construction of a footbridge.
- Initiated the construction of low-volume roads.
- Over 1,000 people benefited from enhanced access to clean water, lighting, sanitation, and
- transportation.
Page 4
IAAAE International
## Report of the Trustees
## for the Year Ended 29 February 2024
## - Niger (Sabon Gari Village):
- installed a Lorentz solar water pump with a 5,000-litre tank and a water distribution network.
- Constructed a 10-meter-high water tank stand and six water point aprons.
- Electrified 65 households with a DC electrical system.
- Installed 20 solar-powered LED streetlights.
- Built four toilet blocks with masonry construction (five cubicles each).
- Constructed a learning center (8m x 6m) using traditional masonry techniques.
- Commenced construction of low-volume roads.
- Impact : Over G00 people benefited from water, electricity, sanitation, and education infrastructure improvements.
## Tanzania (Kabatange Village):
- Conducted a complete village survey.
- Produced feasibility reports for planned development.
- Contracts concluded to initiate work after the rainy season.
## Mali:
- Farako Village:
- Upgraded water and electrical systems, replacing outdated lead-acid batteries with lithium alternatives.
- Remedial maintenance including installation of new charge controllers and ancillary equipment.
- Impact: Over 600 people benefitted from the upgraded systems.
## • Sorontiguila Village:
- Repaired electrical wiring, inverters and controllers
- Replaced leaking water points and enhanced the village’s overall electrical network.
- Impact: Over 750 People benefitted from reliable electricity and water systems
## • Dialakoro Village:
- Conducted village surveys and production of feasibility studies.
- Completed the design phase for upcoming construction start in late 2023
- .
Page 5
IAAAE International
## Report of the Trustees for the Year Ended 29 February 2024
## Ivory Coast:
- Brovilla Village:
- Maintenance visit to ensure continuity of services and redeployment of solar assets to provide additional impact in another region.
- Kablan Village:
- Installation of solar water systems with 15m³ storage tanks and distribution.
- Solar electrification providing of light and power to school buildings.
- Assessment of required remedial work to Solar PV structure.
- Impact: Benefitted 1,200-1,500 beneficiaries , improving water access, lighting and electricity.
- –
- New Villages Blepleu and Tiemonizo:
- Surveys conducted and feasibility reports for the development of two additional villages located in Western Ivory Coast with solar water solutions and village lighting.
- Anticipated Impact: Will benefit 4000 beneficiaries with enhanced access to water and light.
## - Gambia (Mure Kunda TOWN):
- IAAAE expanding scope of village projects scaling to design and build-out of infrastructure for municipal/town level projects.
- Conducted beneficiary impact C site surveys with feasibility reports and drilled boreholes pending yield tests.
- Sare Malang
- Maintenance visit conducted with repairs assessed and initiated.
- Impact: Enhanced the lives of circa 1,000 beneficiaries.
## 4– Architecture Committee
The IAAAE Architecture Department advanced housing projects in Nigeria and Ghana , emphasising community-oriented design, sustainability, and inclusivity.
## Key Achievements:
- Nigeria:
- Designed a gated housing community project in Ilaro, Ogun State.
- Plans developed collaboratively by the IAAAE Ladies Team in Germany.
Page 6
IAAAE International
Report of the Trustees for the Year Ended 29 February 2024
## • Ghana:
- Delivered a comprehensive master plan and architectural designs for a residential housing scheme in Accra.
## 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:
- Secured 9 acres of farmland and installed 3 boreholes.
- Cultivated maize, plantains, sweet potatoes, and papayas using drip irrigation.
- Ivory Coast:
- Established a 3-acre reservoir with drip irrigation.
- Planted 2,500 papaya trees and cultivated cabbage.
## • UK:
- Expanded a strawberry patch to 350 plants and created a market garden with solar-powered irrigation.
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
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
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
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
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