REGISTERED CHARITY NIIMIIER: 1192825 REPORT OF THE TRUSTEES AND IINAIIDII'ED FINANC.IAI. STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 FOR ABDIIL MAGEED EDIICAI'IONAL TRUST George Hay & Company Chartered Accountants 83 Cambrid8e Sirtet Loiidon SWIV4PS
ABDUL MAGF.ED EDUCATIONAL TRUSI. C.ONfENTS OF THE FINANCIAL STATF.MENTS FOR THE YEAR ENDED 31ST MARCH 2024 P•ge Report of tJLt Trustee5 Independttsl Examintr'y Rtpvrt Statemenl of FiRaiicial Aclivitit5 Staltmenl of Fillanci*l P05i1ioii Noles to tke FinaD£i#I Slatemenls Drtailtd Stattwevt of Iiinwri4l AcliYitit5 12 to 13
ABDIIL MAGF.Tr.D LDIICATIONAL TRUST REPORT OF THE TRIISTEES FOR THE YF.AR ENDED 31ST lARCH 2024 The Iruslee5 prcsent their report ivith the financial strtem¢nls Ot. the charity for Ihc y¢ai ended 31st MarLh 2024. Thc ITus1¢¢5 have adoplcd Ihe provisions of Accounting and Rcpotiing by Charities.. Statement of Recomm¢nd¢d Practi¢¢ applicablc lo chariiies preparing th¢iT r)nancial stalcmcnls in accordanr¢ iviih the I.'inar1al Reporting SiandaTds applicable n ih¢ UK and Republic ofireland IFRS 102) (effective l JanLUry 20191. OBJECTIVES AND ACTIVITIES Obj¢¢tive5 The Abdiil Mdgeed Edll¢aiiottal TIu51 PTovid¢s a lange of servi¢es ihal aini lo unite communities and orrer educaiional workshops addiessing social isolation and lonelin¢ss. W¢ ar¢ space credlors artd plalloiin holders for wJple lo connect, engage and nehvork. We ¢ollaboTate with our NHS parlners io provide infotinalion on healih arxl i%rllbein& offer advice on managing living expenses ihrough our partnership iviih Wesiminsier Council and Ciiizens Advice Biireaii, at)d ¢oNducl community s#feiy Ivorkshops in collabordiion with ili¢ Meltopolilan Police lo raise aivaieness aboui crime and piovide informaiion on lylTe lo seek help. Our bcneficiaries In¢lud¢ the elderly, disabled and individuals ivil11 mcnlal health Issuc5 who may noi $ak Ingli5h as thcir rirsl language. Wc hold inclusive ivork%hop% 10 5UPPOrt ihem and provide guidance and referra15 to 5pecialtsed agencies such a5 the NHS. Citizens Advice. Hopscotch Women'8 Cenlic Icamdcn). foRWARD Organizalion, Wesiinir151¢1 Council. Imperial colle Londot). Nottingham Universily. Leicester University. Oxfoid University. and WHEAT Mentor Support Trust. Abdul Magced Educalion Trusi is PToud to lun three community hub5 1 Peer Support Cofes in Church Street Library, GT05venor Hall in Vincenl Sireel and Churchill Gord¢ns Residents Hall. The Peei Support Cafés ¥un cvcry Tuesday. ThuT5days and fortnightly on Wednesdays from I l aTn to 2 pm, delivering divers¢ iVOTksknps aTound topics includin8 Health & Wellbciiig, Cost ofLiving, Community Safdy. Domestic Violencc, Digital Tnclusion. and more Pllblit bethtfit The Iruslees have Complied iviih Iheir duly under the CharitEe5 Act 2011 to have due regard to public bcn¢fil guidance published by ihc Charily Commission for En8land and Walc5. ACHlfVEMENT AND PERFORMANCE Achitvtmf nf$ Performnte M#iN At(ii'ities We re8ularly ronducl wotkshops and infom)a¢ion scssions ivith partners inclL¥Jing NHS. Ciliz¢r15 Advice. Hop5colcli Women's Cenlie Icaiiidenl, Weslminsler Counril, and WHEAT M¢thtvi Suppori Tr1. These covei a wide range of ¢ommunily-focused issues. Our %ocial gaihcrings help build nelivoiks Ihiough ielaxed conversation and rcfreshmenis. Wc a150 provide 1-2-15UPPOrt alld host family enierprise days. Our flagship Peer Soppor( Cafe 0rateS weekly tn 50uilI Pimlico. supporting 15-30 parlicipanis pei s¢55ion across 90 planned sessions. OLtlcom¢$ We blin8 people logeiher io reduce isolation and loneliness. This 5UPPOrts improved menlal health, r¢du¢e5 demand on NIIS services. and PTonio1¢5 a bler Standard ofiiviiig. Participaiils gain coiifJdenc¢, undersland their rJ8his, access servi¢e5 and b¢ncfits. and build employability $kills. Volunteering opportun111¢5 also aid fasler inle8ra¢ion into UK 50¢1ety. Page I
ABDUL MAGEED EDUCATIONAL TRUST REPORT OF TI.IE TRusfEES FOR THE YEAR ENDED 31ST MARCII 2024 HOJY W¢ leSre.$tte5s We u5¢ boih qualJiJlive and quantitative I15". l. Survcys ld questionnaires pre- and wst-program. 2. Aiiendan¢e and etiga8etneJit logs. 3. Self-rerted NIIS SA8. 4 RepDrts i)n skill acquisition, volunt¢erinB and employment outcome5. 5. Personal feedback and tesiimonials. 6. Tracking belief11Se¥VIcc access. 7. Communiiy inie8raiion and bclonging scales. Tht Msin Bellefieiries Our 5etViCe5 arc opER 10 011 but primarily support ATobic-5peaking ¢ommunilies ivith lan8U28e barriers. Participants benefit from iinprovcd wcllbcitlg. social confJdenc¢. life skills. and einployability, helping thetn Iiil¢giat¢ fully Inio UK sa¢iety. How We Prthmfite Wc usc einail caTnpaigns. WhatsApp, our MEb5ite and social media. We also disiribuie printed m3ierial$ 10 GP surgeries, schools, Itbrartes and community spaces, and en8a8e stakeholders throu8h )rd of mouih and paTlnerships. hllps..Ili¥.att.onlIeI hiips."IlivMw.omei.onlin¢levenlsl hi1ps.'IliV.racCOk.C0laMct[ustclol hiips.'IlIHwv.linkedin.comleompanylatrtelTusVpostsl OurTrAtlL Rt¢ord We have run successful projecls including Ihe Switlower co.op and edatIonal programs arou[ life51yl¢, wellbein& doinestic violence, and di8iuI inclusion. We've Teceived multiplc grant5 10 5UPPOrt OUT I4DTk ¥nd ¢oniinue to bllild slfaleglc p&rln¢rships for long-term impact. Naglaa Sadik Ahmed Mu51afa IMCIL, MPA, RPSII brings exp¢Tlise in community engagement. Iranslation, 8nd My Litt Story A PCTsoiial jourty of iranstormalion from hardship to leadership, our fwDdeT $har¢8 her eXrIence of lieLing violence and liardship, navigating housing inse¢uriiy and discrin1inalio and building a path kn tecovery ihiough e(lu¢&ion dnd service. This Iive(l experience drive5 Ihc Jiiission aiid comp35510n bchind AMET'S work FINANCIAL REVIEIV Finn¢lg1 posilion During 2023-2024. the Trust secured glS from I'k National Lottery Community Fund. Wesiminsler City Council. One Wesiminsler, Islamic Relief UK, and Ihe BME Healih Foruin The total incotne foi Ilie peitod ivas £43,37012023". £19,853). M051 of the fundin8 £41.812 12023.. £15,545) catne ITOtti vaTIQU5 gianls wilh the balance derived from doiMlions. Tl expcndiluTC ovcr Ili15 [JOd was £40,20012023. £1¥,2781. Thc ncl tncomc foT Ihc pcriod is £3,17012023.' £1.5751 and iolal funds carrteil forward as at 31 March 2024 were in surplus by £4.630. We maintain a healihy reserve for continuity. Rtserves polÉ¢y 'rhe truste¢5 aim 10 maintain unreslricted i¢setves equivalettl to ihree months, core eosts. As of 31 March 2024. reserve5 SI0 al £4,630 iyhich Ine¢t5 our tar8et. Pa8e 2
ABDUL MACEED EDUCATIONAL TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024 FUTURE PLANS We aim to expand our 5crvice5 into Ha¢kncy, ISlingtl, City of London and Tower Hamlets. We plan to ruch 350,000 reshdent$ via digitsl ploffonll5 and improve websitc acce55ibility for Arabic, Amharic and Tigrinya speakers. STRUCTUR& GOVERNANCE APID MANAGEMENT Strn¢(ure Governgnte and Management, Board of Tru5te¢$ & CoverTrlllg dotumtnt The Abdul Mag¢ed Educational Trust 15 a r¢8lSter¢d CIO governed by a ¢on51itution. Th¢ Board of Tru5*es meets regularly and oversees the charity's op¢fdtions, strdt¢gic direction. and compliaTh¢¢. Ope¥atioDal tssks aY¢ delegated to $18ff and trdined volunteers. Twstees ore i¢¢ruitcd based on expErience and commitm¢nL wtth training provided os required. Risk man#g¢ment Key risks include funding insrability, voluntttr tornover. and saf¢guardio& W¢ miligat¢ these through diversified income strat¢gie4 v(plunte¢rengagemcnt practL¢es, atHI matldatory training IE.g. Saf¢gLthiDg Level 3). Flnal Word The Abdul Magecd Educational TnJ5t witinu¢$ to addre55 Critical rommunity necdwhealth, wellbein& in¢e8ralion, ¢mpowennent. With strong partnerships and a dEep commwiity presence, we aim to build lasting resili¢nce, itL¢lusion. 8nd opportunity for London's wJder5erved mi8fdTLts and r¢fiJge¢5. REFERENCE AND ADMINISTRATIVE DETAILS ReElStered Ch9rity trumb¢r 1192825 Prthcipal gddress 73C SUTHERLAND STrEET LONDON SWIV4JY Trustee$ N S Ahmed Mustafa R S Aiuned Muslafa (Chair) S H Karr8r Z Zem)uk IResign¢d 24 June 2025) M Georghiades S Z¢mrani L El Himyary Independent Eximiner Georg¢ Hay & Company Chartered Accountants 83 Cambridge Stre¢1 LA)ndon SWIV 4PS Approved by order of the board of tnjstecs on.. and signed on IL8 half by-. N S Ahmed Mustafa- Tnt51c¢ Page 3
INDEPENDENT EXAfvIINER'S REPORT TO THE TRUSTEES OF ABDUL MAGELD EDUCATIONAL I'RUST l TetK>rt to thc ITU51ees on my cxaminalion of Ihc financial statements of Atrxlul Ma8eed Edu¢aiional Ttusi I'the ¢haiity'l foi Ihe year ended 31$¢ Mar¢h 2024 whi¢h ¢ompris¢ the Siaieinent of Financial Activilic5, the Sialcmenl of Financial Position J relakd iioles, Ivliich ate sel out 011 pag¢5 sevcn lo eleven. Thi5 reporl 15 made solely to Ihe chariiy's Iruslees, as a by, In accor(lance wjili ¥¢clioi) 145 of the Charities Act 2011. My work has been underlaken 50 ihat I might 51al¢ 10 the charity's t1U51ees those mallers l 8m re4uir¢d 10 51al¢ lo Iheffj in 11115 report and foi iio otIr purpose. To ihc fullest extent pcrniitted i)y law. I do not a¢¢epl or a55uni¢ TC5tx>n5ibility to anyo other than ihe thariiy a1 Ihe ¢hariiy's Irusiees as a body. for my iyotk. for this iew>rt, or for opintons I have foim¢d. Rt5ponsibilitÉes and b95is of report As the trustees of cl?aiily you are le551bC for the preparation of the fjnancial sthiements in accoidance ivith the rcquirements of the Charities Act 2011 I'ihe Acl'}. I report in rcspecl of niy exatninalion of ihe charity's lin1claI sialnen(S ¢arri¢d out un(kr scction 145 of the Aci and i e?ryin8 Out my cxaminalion I hav¢ folloivcd all Ihc applicabl¢ Diieclion5 given by ihe Charity Comm155ion und¢r scction 14515llb) of the Act Independent examilter s gtAttment I have compleied my examinairon. l ¢onfJTTh that no Inalerial matlers have come to my attention in conneclioii wjth the ¢xatninalion giving me cause lo believe tliat it] any Jnaieri#l respeci..
a¢couftting ¥¢wrds Tr[¢ not kept in T¢SPCCt ofthe charity as required by section 130 of the Ael,. or the fiiiancial sialemenls do not accord iviih ihose record5" OT Ihe tin3n¢ial 51atetn¢nt5 do not coinply iviih thc applicable requitem¢nis conceiiiing the form and eonleni of accounts scl in ihe Charities (Aecounts ajd Rerts) Regulation5 2008 other than any TequiTetnenl Ihal Ihe acioynts 8ive a'irue and fairview. Ivhich is not a matter eonsidered as pari of An independent examination. I haye no conceTns and havc come across no other ma(iers in connectio ivith the examination lo which attcntlon Should bc drawn in this repori in order ¢0 enable a proper urtderbtanding of ihc fjnancial slaiemenis io be Teachcd. Mariiio Achilleos fCCA Georg¢ Hay & CotDpany Chanered A¢¢ounianis 83 Cambridge Sircel London SWIV4PS Dale.. 11 July2025 Page 4
ABDUL MAGEED EDUCATIONAL TRUST STATEMENT or FINANCIAL AnlVITIES FOR TIIE YEAR ENDED 31ST MARCH 2024 2024 2023 Total fuuds UnTt5tricleil fund Rt5tri¢ted fund runds ND(es INCOlE AND ENI)OIVMENTS FROIM Donations and lega¢tes 1,558 41.812 43.370 19,364 Other ITadin8 activilÈes 489 Total 1.558 41.812 EXPENDITIIRE ON Charltgble aclivilies Other 32,445 18.278 NET INCOMEIIEXPENDITIIREI 16.1971 9.367 3.170 1,575 RECONCILIATION OF FUNDS Tolal fund5 brought foiwvid 460 1,000 1,460 TOTAL FUNDS CARRIED FORIVARD 5.737 10.367 4,630 1.460 The notes form part ofihe5e financial 5tht¢m¢ntS Page 5
ABDUL MAGEED EDUCATIOYI AL TRUST STA'fEMENT OF FINANCIAL POSITION 31ST MARCH 2024 2024 2023 Tot%1 fuiids Unrtslrltle fund Reslritte Notes FIXED ASSETS 'langible a55els 448 448 CURRF.iYT ASSETS Cash al bank and in hand 642 10.367 11,009 1.460 CREDITORS Amvui)1s fallin8 dLte wiihin one year 16,8271 {6.8271 NET CUKRENT ASSETSIILIABILITILS} TOTAL ASSETS LESS CURRENT LIABILITIES 15.7371 10.367 4.630 1,460 NET ASSETS 4,630 FIINDS UTrr¢5tri¢ied funds.. Gcncral fund Resiricled funds.. Re51ricted fund {5,7171 460 TOTAL FIINDS 4,630 'rh¢ finan¢ial $laiemenls iverc approved by Ihc Board of TTU51ce5 atld authoTised for issue on and iveie signed on ils behalf by". R S Ahmed Mustsfa- Chair and I iust¢e The no¢¢s form part of these fjnancial slatemen15 Page 6
ABDUL MACF.ED F.DUCATIONAL TRUST NOTES TO THE FINANCIAL STATEIMENTS FOR TIIE YF.AR ENDLD 31SI' MARCII 2024 ACCOUNTING POLICIES Basis of prepAring the finin¢i41 stgtements The financial SLiiemenls of ihe chaTi¢y, whi¢h is ¥ public benefjt enliiy under FRS 102, have been prepared in accordance with Ilie Charities SORP 11.'RS 1021 'Accounling and Eieporting by ChaTilies. Siaiemeni of Rccommendcd Practicc applicable 10 charities preparing their accourtls in accordance wilh the financial Reporting Siandard applicable in Ihe UK and Republic of Iieland IfRS 1021 leff¢ciiV¢ l January 20191.. Finan¢ial R¢porlin8 SiaiidaTd 102'Tlie Financial Reporting Standard applicablc in the IJK Rcpiiblic of ITelaiid' and thc LhaTIIIc5 Act 2011. Th¢ fJn8ncial statements have been prepared undei the hisiorical wst conveniion. Ineonie All Inwme is rc¢ognis¢d in the Stalemenl of FinaRcial Aclivttie5 on an accwals bA5i5. In 2023 ihis was otl a receipts Expenditurt Liabililie5 are recogniseif as expenditiire as soon a5 there is a legal or constructive obligation eommitling the charity lo ihal expendilure. il is probable 11141 a ironsfer of e¢onomi¢ benefiis will bt reqllited in seiilement and ihe atnouni of ihe obligation can be measured reliably. Expendilurc is accounted foi on an accTuals ba5is12023." ieceipls basis) and has been cla55ified undei headings Ihat awegaie all cosi relaied to tile eate8ory. Whtre costs cannoi be directly aiiribuied lo partlLular headings they have been allocated lo aclivitics on a basi5 con51slenl iviih the use of re50urc¢s. TgngÉblt fjxed ssels DepTecialion 15 p¥ovided ai ilie followin8 annual fdtes in order to wrtle off each assel over its eslimaled useful life. Compur equipment Straight linc over 3 years The charity ts exempi from tax on ils cliaritable aclivtlie Fund Accouiiling UnTesiriLted funds can be used in aceordance with the charitable objecliYe5 al ihe discietion of the Iru51ees. Re$tri¢ied funds can only be uscd for p&rtieular re511icled purp05e5 IviihÈn the objects of the ch&iity. Rcstrictions arise ivhen specified by the donor or when funds are raised for panicular reslri¢ied purposes. rurthcr cxplanalton of ih¢ natur¢ and PUTPOSC of cach fund is included in Ihc notes to Ihc financial statemen15. OTHER TRADING ACTIVITIES 2024 2023 Ini¢rpreiin8 489 Pagc 7 conlinued...
ABDUL MAGEED EDIICATIOPIAL TRUST NOTES TOTHE FINANCIAL sfATLMfNTS- conlinue FOR THE YEAR ENDED31sf MARCH 2024 TRUSTEES, REMUNLRATION AND BENEFITS Thcre ivere no Irusleeg remuneration or other benefjls for the year ended 3 Isi March 2024 noi for the year ¢tLded 31$1 Mar¢h 2023. Trusltt$' ¢xptllse$ There were no trusleel expenses paid for Ihe year ended 3 Isl March 2024 nor for the yearended 3151 March 2023. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unreslritlt fun Reslrictwl fun Total fuiids INC."OMF. AND KNDOIVMEN'fs FItOM Donation% and legacics 3.819 15545 19,364 Oth¢r trading aeiivili¢s 489 489 Tol41 EXPENDITURE ON Char114blt 4ttlYltit5 Oilier 12.962 NET INCOMEIIEXPF.NDITURF.I 11.0081 2.583 ,575 KECONCJLIATION OF FUNDS TO1 fund5 brouglil forivard 1.468 {1.5831 TOTAL FUNDS CARRIED FORWARD 460 TANCIBLE FIXED ASSETS Compiiter equipment cos'r Additions 672 DEPRF.CIATION Charge f4)ryear 224 NET BOOK ifALUE Ai 3 l%t Maich 2024 448 At 3151 March 2023 Pa8¢ 8 conliiiued...
ABDUL MAGEED EDUCATIONI AL TRUST NOTES TO THE FINANCIAL sfATEMENTS- Continued FOR'fiiE YEAR ENDED31ST MARCH 2024 CREDITORS: AMOIINTS FAI,LING DUE WITHIN ONE YEAR 2024 2023 Other Credi15 MOVEMENT IN FUNDS Net Al 31.3.24 At 1.4.23 in UDrestricttd funds G¢ncTal fund 460 16,1971 15.7371 Rtstricttd fllnd$ Resliickd fund 1,000 9.367 10.367 TOTAL FUNDS Nel movcmenl in funds, included in the above are as follows.. Ineomiog r¢$Durce5 Re50ur¢t5 expellded Movtment Unr¢$lrieied fuAd5 General fund 1,558 17,7551 16,197) Reslricled fuDd5 Restrieied fui 41,812 132,445} 9,367 TOTAL FUNDS 43.370 3.170 ComparatlVe5 for rnovement iu funds Net movemenl funds Al 31.3.23 Ai 1.4.22 Unre5tricltd funds Generdl fund 1.468 {1.0081 460 Re51ri¢leil funds R¢siri¢ied fund 11.5831 2,583 I,o(xi I'OTAL trUNDS 1151 Page 9 continued...
ABDUL MAGEED EDUCATIONAL TRUST NOTES TO THE FINANCIAL STAI'EMENTS- eotttinutd FOR THE YEAR ENDED 31ST [ARLI1 2024 MOVEMENT IN FIINDS- ¢ontinued Comparative net movement in fund5, in¢lud¢d in Ihe above are os folloivs.. Resourcej MovenieDI in funds urccs Unrestricted funds G¢n¢Tal fu¥Ki 4,308 15,3161 (1.0081 Rt8trltltd Restricted fund 15,545 112,9621 2.583 TOTAL FUNDS 182781 575 A CUTrenl year 12 tnonihs aT prior year 12 months combined position is as follows.. Ntt mvement in fu$ At 31.3.24 At 1.422 Unrestricfed funds General fu1 1.468 17.205) 15.7371 Reslritted Re51Ficl¢d fund {1.5831 11,950 10,367 'roTAL FUNDS 1151 A current year 12 Thonths and prior year 12 mnihs ¢ombined n¢t movement it) fU[s. included in the abov¢ ar¢ as follo.. Intoming re50uree5 Resourtts eXpeded Movement itt funds Uureslricted fllnds Genera] fund 5.866 17.2051 ReBtricted fund5 Rc51Ti¢ied fund 57.357 145,4071 11.950 TOTAL FIINDS 58 4781 Pa8e 10 ¢onitnued...
ABDUL MACEED EDUCATIONAL TRUST NO'fES TO TklE FINANCIAL sfATEMEIYTS- fontlnut FOR THEYEAR ENDED31ST MARCH 2024 RELATED PARTY DISCLOSURES There were no related party iransa¢iions for ihe year ended 3 Isl March 2024. Pa8¢11
ABDUL MAGEED EDIICATIONAL TRUST DETAILED STATEMENT OF FIIYANCIALACTIVITIES FOR THE YEAR LNDED 31ST MARCH 2024 2024 2023 INCOME AND ENDOIVIMENTS Donations and leggcies Donations Gran15 1,558 3,819 43,370 19.364 Other trading #¢livllit5 Inl¢Tpieling 489 TotAI iDrorniDg resout5 43.370 19,853 EXPENDITIIRE ChgrÉtobl¢ #tlivitits Insurance Lighi and heat P115tsg¢. 51ationery, and promotion$ Sundiies Projetl acliviti¢s I ranslationAnterprelin8 Tutor fees Compulei and IT costs Adminislrator costs Tiavel expenses Consultsncy f¢¢s Donation5 and volunteer exprn%5 RentlHall hire Meetings 290 1.569 120 1.304 92 2.910 1.508 2.PAO 7.603 3,347 4,138 1,225 1.452 337 4.650 1,472 5,012 3.037 1.355 2,150 466 1,945 500 18278 Supporl cos15 Bank cliarges Informltlo technolo Cotnpulcr equipmenl 224 Govtrn*n¢t C0515 Accouiilancy fees IndL'petKienl xamination 7,757 1.020 ,777 This pige (kne5 not form part of the siatulory financial 51alemeni$ Page 12
ABDUL MAGEED EDUCATIONAL TRUST DETAILLD STATEMENT OF FINANCIALACTIVII'IES FOR THE YEAR ENDED31ST MARCH 2024 2024 2023 Toial resources expended Net ijtcome This page does not fonn parl of the Shllulory financial stslemenis Page 13