2024-10-31-accounts

TWO HA￿lDs CHAIUTABLE TRUST (CkLri&bk IkneoTporatEd orythts￿ol GROUPANNUALREPORT AND FINANCL4LSTATEMEKrs FOR THE YEAR Ef4DED31 OCTOBER2024 R￿1$fERED COMPANYNUMBER: CEO25474 (EDzland WaJ¢s} grltablllltorpor4ttLI Org*L￿￿tIOn Nithber. 1194683 Xeilladin Audit Limited B￿ktt House 36 Old Jewry Lond EC2R 8DD

TWO FL41IDS CHAR]TABLETRLkgT CONTENTS PAGE FOR THEYEARENDED 31 OCTOBER2024 Reftrett£¢Dd Admkni¥lrliYe D¢ts Report of the Trllstett Reportof the IndependetttAuditor5 Consolid8t￿ stat￿￿•￿t of ffinaDcial Adlvltits CoJwblMlated Individu41 Halallce Skneet io Croup C15b Flow Ststewut Notss ¢0 th¢ Consoltdatf41 Financial Statement 12-19

REFERENCEAi¥D ADN(llNJSTRATIVE DETAIIS FOR THEYEaR ENDED31 OCTOBER2024 Riyaz Hussein RAjaidi IDweased 13.0810241 lI￿aIn Roshanaiimerali Mohatned Roshat￿] Mcrali Dcwii Abb&571i M¢T& Number 61 Charlotte Street London WIT4PF AMdilDrs X¢rnadiu AuditLimited fIoLir BecketHouse 36 Old Jewry London EC2R8DD

TWO HANDSCHARITABLETRUST RKPORTOFTHKTRusfKLS FOR THE YEAR ENDED31 OCTOBER 2024 Th¢ Th￿¢¢5 aTe pleased to prestnt their ￿l¥jai Thsste£s Report together wiib the fi[￿181 3tat¢m¢nts of Two HaTrds Ch8ritsNe Trwtfor the year ¢nded 31 O¢lobet20X The fin8n¢io1 $tatem¢nts comply with the Chariti¢$ Act 2011 and A￿￿ting and Report￿% by Charitie5 Staternent of RecomtnaJdEd Practic¢ applicable to charitha5 preparirg th¢ir A¢wunts in a¢¢OTdauGr with FinauGiai Ryrtiog Standard applicable ITh th¢UK and Rwblic of Irdand{FRSIIJ21 Itfftdivc l January 2019.1 Two Hands Ctwitsblc Trust 15 a Charitabl¢ I￿￿1pOratEd Organi5&tion Bnd registered ￿ 4 JuRe 2021 utxjer ¢hatity nurnber 1194683. TheTrustets wtLO served dwing tknyearwere.. Ri￿￿￿￿¢￿ R48WI ID#eased 13.0820241 Hfflain Roshanali Meraii Moh￿t￿ Roshanaii Nfrraji Dewji Abbdi Meraii Hyd¢T41iZaff¢¥ali Detoo ObjettiYe5 activrtit5 1￿￿arIt￿5 obj￿1)Ve asset out in its ￿V¢￿Th)E do￿lment ￿eforth¢￿b]lQ kn¢fitty tsth¢rbwhpurFWS dwitabIethth¥ L%w50fEll￿ 8z¥J Wel# asthetsustE& See fitfrom timctotithe. Atk1eveN￿tIpJ perform¥Nc¢ DLLTin8 th¥yurthtCh8rit&blc OroupTtceivcd doNton5 of £1.402.66112023: a509.6951. Th¢ Charity contiW¢Sto hr>ld aproperty vthed at£LJOO.OOQ which will bevtiliaed forctwitsbl¢ purpoBes and sg trta¢¢d&% ProgrdmmeReledlDveslJncnt. Th¢charity of £678.47512023.. £167.9431 to UK rewstered charities. The Charity a5ubsidiary QEwisation. Mchfil e-PJi FoU￿atIOn ¥ not-for-proflt or8WLisatioffj b￿ed in The Hagu4 in th¢ Netherlands. The orggjjisation OWDS apTOPCrty to beutili6ed forprornes andheD¢è li isteca)gThised atcost. DwtciatiOD w511 bc prnvitsA ik fithtey¢￿ ooc¢ th¢ ptoFrty l¥ utklised.

B£PORT OFTHETRUSTEES FOR THEYEAR ENDFIJ 31 ocfoBER2024 All ddministrativetssLs w¢reMried out by the Tnwru. wtw #Te also theko rnanagemeTrt perso￿￿ ofthe (tt8rity. The In¥ts arenotrnU52¢ratrdfortheir s¢rvices th th¢chaTity. The eI￿ri￿ do¢5 not ctnploy any 5raff. The TDJsÉees ￿ve1dentified themain aras wherETisk may occur. I. GovttD8nce-bow 5trai¢gi¢ prtoritics ar¢seL aBd decisionYtt8king is WTKedouL with ￿￿￿t&stO thc fiJu￿¢4￿1yitIt8 ofTwo Hattd8 Charitsble Trust, 25well S5￿rapI19n¢Cwryth is Fegu]atory dutie> l Gr￿t￿a￿ageMellt- &ssessiThg the risks inhet¢nt in the charity's tspcration with rewds to its makin8 it￿l￿dIng IM)w grants are mad& who they ar¢givento aDd adaptingth¢ needs ofthe bofi¢iari¢s lo rwond quickly whtt etssurrtig its adtwen¢e to the d￿table objectives. l ExleTDai- as￿Sing theFisk% thatcan arise ￿ are5uIt ofpoliti¢•L so¢iai and econom￿ chaw as well as le ¢Jrn8f w th¢ Charity'5 reputation duey)adver5epublicity or f8il¢il p8rtnEYstiip. hblitBtThtrrt Thc Tn￿ (oThfm ttrAt they have referred to the Ch&ity Coynmsswns. gtn¢rai guithee on Publi¢ Bettefit wlh ieviewing sh8ping the <a3rity'S aims gnd objec11￿ The tharity wotk5 to that its pregrams e ittdL9V< Lcssibk andTCSPOll5iVCtoth¢ n¢¢d50fth¢bcn¢fi¢raric& Reserve Poliry A5thc tharitydoesnothav¢ any stsff or rentfortherrnnises.the nthjto htyld ony T￿¢5 is notncce558ry cxxpt fortr stll2118mount that may be required ￿ pay for ongoiDg mainte[￿nCe for ik property held by the subsidi2ry. 6 month's iv￿￿1t of the eXp￿dIti￿t will be less than £15.OOQ Gen¢rai fijftds at thc IAlancc date are q475.834 (2023: £1.773.498). The TrLLqtxs pla) ts ttth sisnifi(a]t wts nextyeat. bwome forthe yeaywas £1.402.661 (2023: £1509.695). Fwdittre itithevearwas £713325 (2023: £824J581. l¢d toan itLLTease ￿l￿GeneR1 F￿dbY￿689336.Th¢T[u￿tttsp￿ntQ$pCnd5ornc ofth¢eXcessfi￿dS inthen￿r 12months. Plallslorthe FuthrE The ¢lwities grow main &wir&ion is to (OJK¥w¢ io 2nd ventu￿ fonv&d with deveJopmeTttp12ns for fvttr to othtr UK re4iStered chzrilies.

REPORT OFTHETRUSTEES FOR THE YEAR ENDÈDJI ocfoBER2Q4 StternebtotTnstettrRwoustt•llilies Law 4Fplicable to ¢hgWiti¢5 inEDglaDd and Wale5 rquires Trust￿$ to prepott f￿￿¢141 8t&t¢tnents for cach finanC￿l year. which give a truc attd fair vsew of the Trusi'5 finan¢ial Bclivilies duTirt8 thc period and of its fJnaDcial p)sition at the ￿d f thtp¢riod. Inpr¢paringfinancI￿ 5wernentsthatRiveatru¢ endfoirview.thc Trusre¢5 th)uld folloiv beStp￿]ce aNi s¢l¢¢tsuitsbl¢ accouDtiThgpolicies 8nd 4>plYth￿ coty%stffjtiy' observethe tDelhod42ndprAn¢iple8 th theCIwiutsSORP.. okn judgern¢nts and estimarc5 th8t are reasonable andwdcnL' • sty¢wh¢ih¢r8ppii¢able A¢¢ounting Stand8rdsattd Sratern¢nts ofRecommended PrgCtiL% Lave be¢n foUow¢d. wbie to any dcparljrts disc105ed and cxplaiRrd in tht fiDanciai 5tat¢mEnts. and ptepareth¢ftsj&t￿Éal styt¢mAts on th¢ going wn¢crn basis unltS5 it 1$ iwpropriate to 855wn¢that Ik Tr[￿¢ wlll be abkto ¢ontinuB in o￿Tation. TheTh￿¢S of the T￿Start ffsponsibl¢ fDf 5aftgu9rd￿81kasSelSof IheTrust. ond hen¢¢ fortsklllg re￿nable step5 f thc prevcntion 2nd deteeiion of t￿1. fraud and other irreguiarttie5. Thty are aL4a Teswnsible for kEwng ae¢ounttn8 records whichdisclose. with re&YJnable 2ccurxy. thr finan¢iai pos11ion ofthe TTh￿t at any IiTn< And whi¢h erthle themto rt&in th¢ fth8oriBi p05itiOD orth¢ Trust and￿￿re that the rtnanciai Stateme]￿ cornply with the Choriiies Act 2011. on b¢halfofthe Boardof oo L8 Augu&2025 Hasnain Mernli

INDKPTrI¥DENT AUDrroR'SREPORT TOTHEMEMBERSAND TRu$rEF￿ OF TWO IL4NDS CIIARTTABLE TRusr Opinio Wc hav¢ audi¢ed thc fLnaticiat ststEm￿S of Two Charitable Tn￿l for the year en. In0￿0pInIo￿thcfinanG￿j 5rattmcn&' giveatru¢ fairvi¢wofthe stateofthewup'5 th ofth¢piTNrtGhaTity's affair5 ¥at31 (klobcr 2024 aryd of th¢ 8roup'$ netmoycment Èn fiyxls forth¢yGYthcn ended: ve befflpropErtyprepar&aina¢¢otdaneewith Untted Kingdom CneratlyA¢¢eptedA¢th)IrutillzPractiK Fove beellprep8MI iti atuffdan¢e with thero4uiÈ￿n&Its ofth¢ChaTifies Act2011. for0piD￿n Wthave befflzpWint￿ &5 aLkJitor uuder section 144 of thea)griti¢s kn2011 attd rep)rtinaccordancewiththe Actgnd rekv8atr¢gut8llOn8 ￿adt0rh&vIngeffectth¢re￿dcr. We conducted out a￿dit in Xu>Tdan￿ with ]nternatioll3J stand￿ on A￿lItI￿E (iIK) QSAS (UK)) andappl2cable taw. Cjtres￿JnSlbi7ltiCs ￿der those st8ndards are furthcrdes¢nl)&l iti the Auditor"srwoDsibiitknes fot the tiudittsfthe finbll¢ial stcDients seaioAofourrep>rL Weare independtrt ofthe￿UP ID aCCA)rdance wyth ethic8J requirements thatare rclEvantto ovr auditofthe fit￿￿1￿1 5tht￿￿ts in the UL inclttdingthe FKC'S Ethic￿ Stsndajd wchave fiKlfIlled our0t1￿￿h1Ga] rcsporjsibilities in8twrdanc¢ ivithtiKscteqwTe]n¢nts. We believe thatthe aulitevidcnc¢￿kftv¢ obtsined is sufficientaryJaM>mpriatetOPToYide ab&sks foTouropinio In audifing the fi[￿n(jaI 5tatsll￿. Iv¢ h4Y¢ oTrdu¢J¢d th¢trusttts' ￿ Of they)ing o)nctm FLsis of in thepreprtiollof the fin￿¢1$[ $tthn￿s is ￿p¢O￿l Based OD thc work wo have pttfoTmeJL we have not idetitified kny material ￿t￿rtaInt￿eS rdatsng to events or conditions tha( ￿dIVidUallY or colltttive]y. may ¢2st si￿Ur1Lath (bubt OTh the wup's ability to contittu¢ ￿ a gDing concern for a iodof atle&#twelveJtEontlKq fmm wh¢n thefjron¢i41 are authorisoj forissr Fespotskni tlittES wjd the rtspoDsibi]itses of tbe tru8te&s with to EOinE wn¢ern are desc￿Tr￿ in the relev8fLt sthirts ofthisrtix The are rtsponsiTrle for the other Inf0Trnat￿￿ Tr othw information tomprises th¢ iLfonDatioD included ID the TDJths' Rq)rrt Our OPiDion on the finati¢l￿ atements thjes not wvcrthc othe¥ infi)rnknrt Ènd. excrpttoth¢ ¢xtcnt otherwistexplicit]y5tsted ittourrepo)L we do Tr)t express ￿Y fonn of &%SUTatice conclusion thcreDn. InCont)xknwithourw￿It0fthefiti8￿iaI statement&ourTwsibility tsto Teadthe Oth￿ inforrniouaD(i JD (binggx ¢x>JJ&derwheth¢rth¢ oth¢r tirformation is Materi￿[Y ittconststettt with the fir￿121 stthments or owknowledg¢obtsin inthe ￿dit￿roth￿i￿ aPP￿St0￿m*1#l￿IyMIss￿e￿ Ifwtidentify yJdLmaterialipconsithcie50r 4)paterLtrnateri21 Jnisst2tements, we are required to dete￿Ine whdher th¢te is a material misstatemcTrt in the fir￿￿la7 statements or a Malter5 wbith w¢¥rèrti•irtd to ￿￿OrtbyexteptIOn Wehave n¢)thwg ta T¢Wrt in rc&F&ofthe following matters in te]atioD io which the Ch2rittes IAeo)ynts ￿ ReN)rtsl R¢gul&KoDs2008 to rewtto you i£ in0urop￿1Qn'. gJTriema¢¢ow)tingre£oT&%havenotbeeukep¢ or thepgrellt¢b¥sity fina￿￿ statemcntsore Iiot th agreementwiththeac¢ountin8recordsandrthtm5: or w¢h&venotrxeived 811 thcinfoTmalionarxlexpIat￿io￿8wereqllir¢ forourauthL

INDEPENDENT AUDITOR￿ REPORT TOTHE MEMBERS AND TRUSTEF3 OF TWO HANDS CHARITABLK TRUST R¢spopJibilMesof trryssfDTtheflnantla15tstÈrne4ts As explained more fully in the trumces Ttspon5ibilktie5 Sthtcmeni set on page 4. the ￿￿e¢S arc reS￿￿81b]e for the preparthn tsf the finaD¢iai statements for be￿$ Sisfied a true and hir view. and hr such intan41 contral as the tru5te¢s dctrrmine is necessary lo ¢nabl¢ th¢ w¢paration of f￿￿1￿1￿1 Stott4n￿ts thqt fre¢ from matwiol misststement. whether du¢ ￿ ftaud or tsyor. In preparLDg the fLnanciaE StraeMM￿ th¢ tTrwee5 are r¢spoMknl¢ for ￿$¢S51n& th¢ th¢ pfireni ¢lwity'S ￿}lIty to continue ￿ a going É¥JncerTL di5cIosin& 35 applic&le. rnatters reloted to goin8 cowern ￿Ing the 80in8 WtK¢rtt b&8is of accoullting unlem the either Intend to I1¢¥Jid￿¢ the group or the pwem chèrity or to t￿¢ operations, or have no ruJisti¢altcm8tiv¢ b¢rtto do 5Q. A¥dit•r's resp0Lybi￿Ii￿ forthtalldittsfth¢llttaciaA stAttMents Ourobje¢¢iv¢s are to obtsin reasonabl¢ assuraft¢¢ ab)w wh¢th¢r ih¢ fIfta￿l￿ 5tst¢mtnts 8s a whol¢ ar¢ fr¢& from m8ttri41 mi%thtemcnt. wbrther dutto fraudorerror. and to iSSUBanauditor'STeportthat includES OUTopinion. Rc&wiablc asurance is ahiqh l¢velef￿SUratt(&. butis nLaguar8niee rhat an wJdiicoThu￿ed in rKcordce with ISAslUKI will always detect o material mi&statcmcnt whtn it cxi$t& Misstatements can arisc frDJn fraud OT em)r and are considertd matcrid if. In<tivIdu￿jY tsT in th¢ aggrEgat< th¢y wujd r¢AsonabJy ￿¢xP￿tr￿ w inthim th¢ ¢w[￿l01( de¢i$i¢)w of us¢r5 t¥kts on thc b&%isufthtt¢ finart¢ia] slatemen Irr¢gultiritie5, including frau& of mn•¢tsmplikn¢¢ with 13w5 8ttd r¢gulJtiODS W¢ d¢siws wocedureg in lin¢ with our responsibilities. outlirKd abtsve. to drtr¢t mrri81 misstAttfflcllts itiTBTectof irregul•rÉlie& includingfraud. The ¢xttht to which our procedures art capable of detecting LTregU￿ririrS. indudll￿ fraud is dethilcd below.. B¥¢don ourundcttaLding ofthcgroup aThd thc ¢nYironm¢ni in which itoprts. w¢ idrthifi41 Iharthc principal risks of non-wmp1l￿cc with lawa and re8u]atiotts rejotes to the regUla￿ry requlrements of Charity Law and we consideMi the eKtall to which nofv¢ompliarKt might ba¥e 2 ntateriaj eftect on the finatKid 5tatcmcths. Wc a150 con5idcrcd those IHw5 aod te8ulations thai havc adirect hmp&t on th¢ Prepar￿on0rth¢ fin4n¢id stmeDts suth u the Charities Act 201 I th¢ •pplI￿On of FRS 102. Weevai￿ed m￿e￿￿ent'S tnetntives ardoAk)rtunities forfrat2thJlentrnan4)ulation ofthe financial ststementslitKluding the risk tsf override of cotthl31. 8rMI detemiineAY tk principal risk5 were TdatrJ to applicati[￿ of wntrtsL£ amllnd 4utlwisation ofithjmals an￿ exwdiDJfe and pNyme4t& Auditprocethm P¢rf0￿c￿ b) the trw8aDenl team lrtludtd: Enquiricsof mawement regarding COTfC5￿delIC¢ with r¢gvl&tor& Di5LIL%SiQW with m2nagem¢nt includiTrg wnsid¢ration ofknDwnor $￿%￿¢1td Insta￿eS of ]]0n.Com￿4lattCtwilh laws and regulation and fraud., Evalu8tingrnana8¢meni'seontrolstsignedts> pttvent and dcwct i￿¢9￿1¥111¢& Identifying and rcsting journal& in f•TttculaT. journal entrie& IMtin8s by unllwal ￿t[S or with unusual dc5criPElQ￿,. and Ch8lknginB ￿uMptiOr￿￿thd judg%m¢i$ mad¢ by r￿aTr￿er￿t in theircritic41 w￿u￿1￿se5tlMates. RBviewin8the ptocedures arc*und autEy)risation of ￿£￿t A furtlKr d¢wTlpiion of OUT rtspottsibiliu¢o for thc avdii tsf th fSts￿¢1•I Slowm￿lS is lo¢ai¢d on th¢ FiDBncia] RyAin8 CouDcil-5 website it: Il'ii ¥¥ f . This desCri￿lOn fornis tsf our Audi￿.$ rep)rt.

]r¥DEPENDENfAIJDITOR'S REPORTTO THEMFMBERSANDTRUSTEES OF TWO HANDS CHARifABLETRusr Use of ourreport ThisrqKTrrti5 1118dE50Wyto thethÈrity's ¢vI#￿¢S8b0ty. iti ace4)rdm with3ec¢ion 144ofth¢ Ch8rftie$ Art 2011 and r¢EUlati￿ m8deunder 5ectioft 154 ofthatAct Owauditwork hasbeen Underta￿ sothatwemxght stateto the Charitys tr￿￿te¢S ￿)It we are rquited to 5tstrknthern in ￿AudIt0￿S re￿l￿dfor no other pu￿￿S& Totkn fvllestextqrt per[llitt￿ by law. w¢ &> notacttpt ei tssthttcrcspon5ibility to anyone other the charity's trusttts as a w for our auditwrtfortbisrepwl orfortht opiDionsw¢ haveformd. 8th fl(*>r 36 Oldjewry EC2R 8DD Dote 18Augttgt2025

TWO HANDS CIIARITABLETRusr CONSOLIDAlfD STATEMENTOF FINANCIALACTIVITIFS (INCLUDING If4COMEAND EXPKNDITUREACCOUN FORfAEYEkR ENDED31 OCTOBKR2014 U#r¢sttrl¢t¢d Unre&trirt¢d Funds 2023 202A Nt¢ In¢oTr fmm Donations & legA¢l 1.401661 2,509b95 TotslJx<oJllillg [lea0￿r¢￿ I.402h51 1509.695 EXpe￿i￿r¢0 Charitsble&tivitie5 Foreignexch&Jge10gSCS Tot41 ￿P￿dIt¥re 712.383 942 822.559 1.799 713J25 824.358 S*rplv8aDdNet fmids 689J36 Ih85J37 Totsl StArt 3265.631 IJ80291 TotslfllDdsurritd fornrd 3.954.967 3265,631 Therwltsfortheyear ardaived Flomcontinuingop￿￿i￿]￿s. ￿8￿lled gain50rl0sx4othcrthan￿3CPEss￿￿thtoU8hthcstQ1￿nCllIQf t1nwKj￿ ￿11¥1￿￿5. Thc 8C(y)mp#nYi￿ notes forni p8rtof these fitjthciai Stalen￿￿.

CROUPAP4DINDIVIDLIAL BALANCE SHE VOR THEYEARLP4DFY131 (￿BER2D24 Group TwJ8lL)le 21&133 218.133 ProwrneRel•tedinvestmcnts 1261.0( 1261.IMX) 127£0L 1.4WI.133 1274.0¢)0 1.479.133 1261 127&QOO 2.4¥3234 2.470.188 .784.698 1.765227 1483234 1470.188 1.784.698 1.765227 dFevhhilloDtytar (71￿) 11131XJ) (112001 1475.834 1462.788 1.773.498 1.754m7 TOTALNET ASSETS 3.954.967 3,723.788 3205.631 3.1r28,027 1475.ts4 1.479.133 2.4b2.788 1261.oc 1.Th.498 1.4¥2.133 1.754.OZI I274￿0 3.954,967 3.723.788 3265.631 3.028.027 Thelletmov￿ent fi￿<55 forthep3Tent charity ¥JnouDtedts £6￿.767. The funrialstateJnenLswereappnY+ed andthri5ed f(r]W￿bYtheBoaTaofTIuS1ees on 18 AUS￿2025 WeTf 5i8ned below oa itsbthalfb).: TnJee 10

TWO HANDS CHARITABLETRusr GROUP CASHFtnW STATEMEwr FORIIIEYEARENDED31 OCTOBBR2024 Tot1 fvDds To•1 fMDds 2024 2023 CA£h fiowsfrow op¢riliD¥4c¢ivi¢ieJ 698J36 1.698J37 cash#nd￿s￿eqUiyll¢￿ts ID the r¢portibgpthod 1ffj98J37 2024 2023 Retollciti•¢￿D of moYtttéttt fullds toeajh fjow rrom o￿tall￿g 4¢tivits¢ N&rnovem¢Thtin funds 689J36 1,685J37 Deyreciaiion 13.lJOO 13.800) 13.0(a) tsh yroymlid by Dperxtini attiviths 698.i36 Ib98.337 alysb tbf c$h wuivAltnts 2023 Cesh atbeginn￿g of yc 1.784.698 86,361 Casb tClose 1,784698

NOTES TOTHEFtNANCtALSTATEMENts DR ThEYEAR Tr￿DED3[ (rfoBKR1024 ACIIIUThNG POLICIFS Etsattcial Y2t¢mtllts h￿e prepared in a¢¢0￿￿ with Acrnwiting and Re￿)rting by Charities: Sw¢￿eTrt ofRecommendedPracticear4)li(xbktoch8ritie$pTcpariftgthejr8CWW￿ inaccordcewryththePin8ncialRewting Stsndjrdapplicableittthe UK8rtd RrpubficofI￿l#HdlFRs J021-(ChatitÉes SORP 2015 (Sec0ndEditio￿ ¢￿￿tIve l J4nvary2019}. thc FATW￿la] R¢p)rting Staodard applicable inth¢UK a]2d R¢pthli¢ofJTeland IFRS J0218ndthe Charities A¢t2011. rwo Han&Chtritibl¢ Truameets th¢ d¢fmitiott of apubitc bencffttirtity Lm6erFJiSIIJI Assets atKi Itabijities ar¢ iIDtially at ItistoricaI CDSt OrtranSa￿Tr v8Jue ￿lesS of1m￿ stthl in tbc rtlevant aCWUttting policy t¢& Gol•gC•tyttr Giventhe charity'$dotwiollsTeceivedirLtrytarandan8rn lesstheir tstDnatrd r¢idual valu¢. oYerth¢tr¢xpe¢trd ustsfisl lifo. The￿]IdIti¥hc1d by th¢¢harity is alldwill b¢ deprt¢iated assoon &8its Occupied. Proptne Rdated Invc5ttDeTrts is ￿reCiat￿l￿Ver SOyEaT5 on 3 5trat¥ht I]￿baSiS 12

TWO HANDS CIIARTTABLETRUST NOTF3TOTHEFINANaALSTATEMEPI13leaLtID#&l) VOR THEYEAR ENDED31 OCTOBER2024 ACCOUNllNG POIJCIES I￿￿11n￿e￿I FuDdAccouDtiDg Oeneralfonds ￿¢V￿r￿￿d fimds Whichc￿ br usfdstthcth￿￿t10n OftbeTr￿s¢¢r5 lnaxorda￿gWlththCobJcthiVeS ofth¢ChaTity and which have not dcsignated for oih¢rpTrypos¢s. D¢siwidfiU￿¢ornprjSC unrestricted fundsth&th&vet¢enBd￿[d¢ byth¢Tru5¢¢¢s forpolll￿[arpUrr￿￿& Fin8Mthl knstrumellts Basic fuwKial itthzllenlsar£ itiititily rE¢O8ni5ed at traw¢tron volue and subs¢qucThtly mcasuTed ￿ amortiscd ￿st withthe exception of investm￿t8 whichoTe bew at fatr Y￿￿¢. Findncid assds held at amortised ctsst ¢4KnprisB Cash at bank and in togdher w5th tradE sod other Ikbtors. A specifjc provision is made for debts for which Tcctsv¢rability is in doubL Cash at bank &nd in hand is dcfincd &$ ail ¢25h held in ittht aEce5s bAtJk w)unts end U5¢4 85 WOFknng withl. Financia] liabilitiw h¢ldat ajnortiscd co31 compris¢ all ¢reditOE5 ¢X¢¢Pt s￿￿rity and oth¢r rrade Elld otherdebtois arere(g)￿l8ed atthe settlement amoutttduE after tradE dI￿O￿ntofftr￿ Eknpayments Ote V31uEd 3tth¢ 3mount prEpwd n¢t of #Dy trade discounts du& Ch at bADkxad IL haod Cath tbank9nd￿h in haE](lincludes ash and shortterrn highly liqwd iDvestm¢n Cr￿￿10rS creditorsartTecogn￿td wkrethcchatitybas aprcsent obliRationrtsultin8 fiyjm tpastevcntihat willprotrébly re￿11 IL ih¢ rtsnsfeT of fiJnds t(p * third party aud th¢ amouni du¢ to sen1¢ th¢ obliga¢iott £¥n b¢ measured or ¢siimatrd Feli3b]y. CTeditors and provisions are noim8lly TCt£Trsnised at their settletnent arneuni allowillg for w ttade di5COLUlts due. Critical AteOUDtlng tstlmate5ALd llldwi¢nts Inprep¥in8thc3c fLnwJ¢ia] st8ternent& maTha8ernent h&4 ma& jud8¢tneJrt& estirnatesand &wrnptiorLEtht affeLtd appliutioL of th¢ ¢h8rAty's acMunting poli¢i¢5 end thc r¢port¢d 855¢ts. liabilities. and exp￿dItU￿ and th¢ di1osutts mAde ID the financial st1tcsnen￿ E￿lM￿leY aT￿ jud8una]ts srE rontstLually c¥dua¢ed and bascd on bistoriGal experierLC¢ ￿d0th¢r fa¢ror& including expEctsiions of fubJr¢¢v4]tsthat arnbeJi¢v￿tO beTwwty8bl¢un&r the GiTCUnJStances. 13

N07L8TOTHEFINANCIALsfATENIENfs(tonti•u¢d) FOR THEYL4RENDED31 OrmBER2￿4 TANGIBLE FIXKD ASSETS. GROUP 21124 2023 L•DA aud Land As at i NovaTrPa2023 Add￿0￿5 As&310th2024 21&133 2l8.133 218,133 Zl8.133 DEPRECXATtON awforthey As310th)ber2024 p4KfB￿KvAEIJK Asat31 October2024 218.133 21&133 TheChity does notovm say tawl)k f￿￿￿¢t& Theproperry is ownedbyth¢ yJbsid5aryorgaDi5&tioL PROGRAMME REIATED INVESTMET￿r$- 2024 2023 and BuildiDi Landajtsl cosr i Trk)vembz2023 Addilior Asat31 OLober2024 i3￿0￿) J3o0.000 iJ(KLO(K) 1300.000 DEPRECIATION Btouglrt forward l NoV￿b￿202J Ckn8eforthByear Asat31 Odobu21)24 26.000 13.000 39.000 13,000 13.000 26,000 rrK)OXVAUIE Asat31 OctobEr2024 T261.000 1274.000 Thecknityowosthe IAtsdx￿ boilthng classified 25 Pro8rammeRelgtwJ Investments 14

TWO HAThDS CKIRITABLETRUST NOTES TOTHEFINANCIALsfATEMENI3 Icollti•vedl FOR TAE YEARENDKD31 OCTOBER2014 nrLfM&lfTS ANDRFSULTS FROM rn4DJNG A￿1VITIEs0￿ SUBSJDIARY Sbaregj io s￿b￿ldI￿ry uthkiDP harity owns the 100% shwe of MehfJle.e-Ali Founda¢ion which is #Non for Profit orKani3ation incorporated UL the Hw4 Nthland. Th¢subsiiliary oiyns aproperty th&twoulJ be ￿ed f0rcharitablerK0￿pmmtS INCOME A14D EXPENDITURE. SUBSIDIARY 31 O£tober2024 31 O¢tob¢r2023 Income Expenditure swp1u￿lDefiCÈ(] forthe ye8 2.661 19.0781 {6.4171 42.576 127.550) 15.026 BALINCE SHEET 2024 TAttglblÈ fix￿ asyets 2J8.l33 218.133 Current 15$&5 13,046 19.463 NttA$3ets 231.179 237.596 C4)its] a￿] TeServ¢s 231.L79 237.596 4. CRED￿oR5. amou•tsfxllinK duewithin one yur Group 2024 Chvity 2024 Gro4P ChArity 7.4(M 7.400 112(M) 11200 7.400 7.400 I121K) 11200 15

NOTESTO IHEFJNANCIALSTATEMEf473(coffjtimotdl Total 2023 678A75 767.943 33.9)8 54616 712J83 822,559 SUPPORT COSTS Totsl 2023 14,8C 13.ONJ 27.079 13.(M)O Legal 8ndprofessionai Asthr'sftts(includThJgVATI {931) 7.030 7J37 7200 33.￿8 54.616 16

TWO HAMK8CHARfTABLETRUST NOTESTOTHEFif4ANCIALSTATEMENTSIwDtilluedl FOR THEYEARKNDED31 OCTOBER2024 7. Gwfrs PAYABLE 2024 2023 Grants to Instltstion Alsadiq A¢ademy Amjumane Jafforiya 12.QOO 1.400 1800 37.044 1.600 KS￿c 57.750 50.oc The ma]￿taY FoundEti( Moh¢bban Mahdi Orison Charitsbl¢ Trust SIADTlll)re Jafferys The Imam HU￿]Th FoUnd￿lOn World Federation of KStMC Th¢ Ex¢tcr AHLUL BAIT LJty Fatemah ChaTitsble TnLs¢ 2.000 267.965 2.5￿j 15.oc 427234 148.812 3SO 31.000 349.963 25.0 5.IX)O Ttytal Grants 767 STAFF COS18 There wcrc no 8taff tsnploytd by th¢ ¢lwty. Thetry￿ ￿d¢eTTred to be thekey [nanagement￿r￿ttne1 and xe JJ0tran￿*rattdf¢rthCirW¥l¢￿to tkcharyty. STATUS Thc entity as acharitsble IncotfA)ratedthgan￿ati0n ICIOI rcgi5trrcd with th¢ Chthty ComtnibBiQJ in En￿￿d and Wak5 on 4 Jun¢2021. 111. CROUP FuNDS-CuRR￿yEARENDED31 ocfoBER2024 Bvo¥bt Fonvard Carrkd F•Twxrd Income ExpEDdiiTre Qerteral fill￿slu￿reStr1Ct￿ fjjnds) D¢sioed fvndS-Mehfil￿-AII PrO￿rn¢ Relot¢dfi4)&8 TOTALOFFUNDS 1.773.498 1.402.661 1700.3251 2.475.834 2lg.l33 1274.000 218.133 1261.000 113.(MJOI 3,265.631 1.401661 713,325 3,954.967 17

NOTkSTOTHEFINANCIALSTATEMiMSlt4Btiuuedl FOR THEYURENDED31 OCTOBER2024 Brought F•nvard IDCts EXpell&l￿re Forw￿rd 1.754.027 1.400.0 (6912391 2.462.788 Desiwwed fwjds l274lW) (13.000} 1261.QOO TOTALOF FifNDS 3.028,D27 1.4C(F.(hJo 7042391 3.723.788 ThedtSjg￿￿f￿hjs relate to PToputyown¢dby the sub3ith"ary, Mthfiltre-AliFo￿dafjo ProEr&nmc Related tnXfe5tments- These dcsigJatrJJ fill￿￿[￿et0 property. Battiers Wells farm donatedto the chtiTity and %Ed for cbaritsblepu￿. ]1 ANALYSISOF GROUP NET ASSETS BETWEENFUNDS Geller41 Fuknds Tots] FThid bglllce5 ¥t31 (lrtober2024: Tawi)l¢fixed &%sets 21&133 1261.000 21&133 1.261.(M)O 2.475.834 3.954.967 CutTMt8ss¢ts (liabilities) At31 Oi>lKr 21n4 1475.834 1475S34 IA79.133 13. ANALYSIS OFGROUPNET ASSEIS B&TWEENFUNDS Total De5Ègnaled Gentrdl Fullds Fund$ Fud bal4llce5 t31 Octobr202>. Tawbltfixtd &58¢ts 21&133 218.133 1274.000 1274,(M)O 1.773.498 1.773h98 At31 (ktot¢rW3 1.492.133 1.7n.498 3.265.631 18

TWOHANDS CIWUTABLETRUST NOTFSTOTUEFINANCIALSTATEMENTS(¢ollthiu4dl FOR TH8YEAREM>ED31 OCTOBER2024 REtATEDPARTYREL4TIONSHIPS AND TWiSAcrioiYs The Cknty rtyiv￿ donions of £1.400.CK)o OOD: a507,000} ftom TrloltALd LiMIte￿ One ofthe H&wMiD Mttaliis adirector and shar&￿￿￿of H01b￿[Li￿lI Thcrrarem other rdatedparty tratL8atttith5toreport inthe ¢umiyearth&d 31Q Octob¢r2024. 19