Erdin on Islamlc Foundatlon Trustees Re nd Flnandal Statement for the ear ended 31 March 2023 Contents Reference and Admlnlstratlve Inforniation Structure, Management & Governance Objectlves and Vlslon Challen8es and Achlevements Flnancial Statements Trustees Re The trustees present thelr annual report and finanaal statements for the year ended 31 March 2023 and confirm they comply with the Charities Act as amended by the Charltfes Ad 2006. the trust deed. and the Charfties SORP IFRS1021. The attached financial statements form part of this report. erenc and Admini In Charity Name: Erdington Islamic Foundation. Charity Registratton Number: 1195410 Addre$5: 15 Hlgh Street. Erdlngton Birmlngharn, B23 6RG IT Mahmood Hu55ain Zahld Hussain Sha2ad Choudhry Syed Quadri Muhammed Kaiser Pandhair Chlef Executlve Offi Mahmood Hussain Zahid Hussain Morgan Reach. Hagley Rd. Bimiingham Bankers HSBC Bank. Parade, Sutton Coldfield Strnttu Mana ment & Governance Erdington Islamic Foundation Is constituted as a Charitsble Incorporated Organisation, registered with the Charity Commission on 05 August 2021 under charity number 1195410. It is governed by a Deed of Trust last updated on 31 January 2022. Or anl The Trustees are responsible for the general control and management of the charity. The Trustees give their time freely and receive no remuneration or any ftnancial benefits. The Trustees meet regularly and are responsible for the decisions taken in relation to the day to dav running of the Foundation ènd the activities provided by the Foundation. The Trustees divide management into 'sub-8roups'. which are set up for Finance, day to day management of the building and functions. who report back with their recommendations. The Chief Executive Officer chairs the meetings and responsibility is delegated where necessary to the other Trustee5 on the Board. In fTr In No new Trustees have been appointed since the last AGM. Volunteers are an important part of the Foundation's resources, and we encourage all of those Involved in the Foundation to share their skills and knowledge with others. Volunteers and the Trustees give their time freely without any remuneration. The Trustees address Potential risks as they arise. Re¢o8nlsed risks are discussed when the Trustees meet and the Trustees are satisfied that arrangements are in place to manage these risks and rectify where possible. External professional advice is sought when considered necessary. Ob ecilve an Vision The objerts of the charty are set out in the charity's Trust Deed. We rewew these objectives to ensure that they reflert our aims in the community under the umbrdla of our faith. Our Vision is to foster an outstanding community that Inspires excellence in knowledgei personal development and awakens the spirit of Servi￿ to others. A Community that contributes morally* spiritually. socially and economically to the wider society. Our primary aim is to provide a faith-ba5ed community facility whith wlll be of use and benefit to all the inhabitants of Erdington. We are in the early stage5 of development. The facility will provide community centre* prayer facility, comrnunity welfare and education. Athlevements Followlng on from our first year our focus has been on ongoing refurbishment of the bullding and fundraising. Willingness to parkncipate has been again been very encouraging. Fundraising activities Included the parkncipation in the London to Paris cycle ride which was a huge succes5 and gave great encouragement to the cycling group and the other fitness acilvltles. The ongolng application for Change of Use is in process. Connertlon wlth thecommuni The foundation conttnues to build and foster a strong community spirit. As well as the Cycllng aub. Trekking in Wales and local countryside and encouragement of appreciating local wild spaces such as Sutton Park. In house acbvlttes include keep fit, tennis and personal learning activltles. A focus is on physical, mental and Spiritual wellbeing. Flnanclal Statem nt Flnanclal Statements for the period to 31 March 2023 are annexed and form part of this report. The 803rd is extremely pleased wrth the engagement and achievernents of the local community. The Trust looks forward to the coming years for the Foundation and 55 confident that its vision will come to fruition. The Foundation once again thanks the community for its ongoing enthusiastic support. Signed M Hussain Chairman Signed Z Hussain Secretary 1£- £-2LP REGISTERED COMPANY NUMBER: CE026332 (EnRland #Dd W4le51 REGISTERED CHARrfY NUMBER: 1195410 Moryn R￿ch Clkirter¢d C¢rtified ACCO￿th￿ Mor&Jan Rcach IlouA' 13CTr Ilagle!. Riwd Bim)inghwn MidlaTrls 169NX ton I%lamie F￿￿(kntio rc)r IhL YLear ended 31 Nlarch ?023. The ITusie¢s hai'e adopted ihe proi'isioDS of Aceounling and R¢poning b). Chariiies: Siai¢meni orR¢￿Mmended Practitt applicable io chariiies preparing Ih¢ir accounts in accordance iiiih ihe Financial Rep)rting S￿ndard applicable in the UK and Republic of Ireland IFRS 1021 letfectiie I January, 20191. STRucfuRE, COVERNANCE AND 11AN,ICEIMENT GoverniN% docunient Th¢ cliaril!. is eonirolled bv 115 801'ernin8 th¢umenl, a d¢¢d ofiwsi. and consiillltes a limii¢d compan).. limited by Buaranl¢¢. as defined bj lh¢ Companies A¢1 ?¢106. REFF.RENCE AP•D,IDIlllNI IST￿￿TIVE DETAIIS Reg15tered Company number CE026332 (England and Wal¢sl Rtgi5tertd Charity nuThber 1195410 R¢gist¢rod office 15 Hi&ih Streei ErdiiiL¢ton Birmin¥haiii B23 6RG Truslees S M S Quadri Tru51¢e S Choudhr). Trusiee M Flussain Chair Z Ilussain Trusiee M K Fl Pandh4Lir Independent Examlnlr Morgan Reach Chanered Certified Accounlants Morbian Reach Hous¢ 136 Flagley Road Bimiin¥ham West Midlands B169NX Approved by ordcr of Ihc board of irust¢¢s on IS Aususi 2024 and si8ned on Its bchalf by: S M S Qu3dri- Trusi¢¢ Page I INDF.PF. F.RI)INCTTON I.AMtC FOI nN Indr￿ndent examiner's report to the trnstces of Erdington lslamlc F•unil#tlon {'the Conbpgn! ) I rcpotl lo Ihe cknri¢)' Irl￿1cCS on m}. ¢vminJlKJn of￿. accoL4ilsof ￿comp￿m. for I.￿r c￿]ed 31 March 20*.1. ResponSLbllitie5 thnd bo515 of ￿￿)rt As IIIL clJ&riii".% InLS'¢Lx5 of Comptsm. {￿d also its d1￿CloTS for th¢ pwwi%s of compun%' lai4') i'uu are [￿s￿)lL81b]e for th¢ prL'PLirdliun i)f thL uccounts" in iiith Icquircments of thc com￿￿1￿ Aci I'￿￿. 2unls d() rh)I c<)iiipli' iiith th& accounti￿. rcquirrments of Scclion .IW> of A¢1 than um. rL'4ujTiiiiini thui a￿0￿1[S I￿. aThJ fDiT I'tei%' iihi¢h is moticr ¢oAsidcrLYl us pan of un IThk'pindL￿I Iiiiiinulii)n.' OT thc ULYouni.¥ hui'L rKil prL7Tr4irL￿ in ttC¢UTsJwKL iiith the MC￿m>d5 principlL% (br %llllL4nini R¢¢()Iiiiii¥ndLYJ fi)i ucco1￿lInb1 and re￿>￿1ng b). ChtiTItic￿ (applicabl¢ lo ¢horilie% pr¢paring thcir tsc¢ounL% in U¢¢C)Tdunci ii'tth Ik. FinJNwl Rcporting appli￿￿1¢ in UK aTKI RLwublic i)f Ireldnd Il..RS 1011} I IMVL no C()￿L￿S hAI'¢ Come across no molt¢rs in coItricction iiith cNaminalM)n ￿ iithÉch oll¥yllivn should bl drni5￿ in thts r￿.￿rI in ordLT io Lwblc ￿￿e[S￿￿J1n8 of th¢a¢eounts lo b¢ T¢a¢hL¥I. Dr Kutllrnn Shuikh. Ch￿rt￿rd Ccrlifi¢d AtrOun￿n1S 'rhL AsM)ciotion uf ChNrtLY￿l Certified Ac¢ountsinLs Mi?r¥un IILaclJ Ccrtificd Accounwii$ Nfnr&?nn RLoch I lo￿￿. 136 1 I£Lbbl¥*' Iload Biryning)illin 131(>9NX 15 Aug￿$1 2024 Pog¢ 2 S'l'A'I'I.:Mi7rr or ￿NANcIAl. ACTIVITIES ror th¥ YiaT I'-ndcd.11 Murch 201.1 PLriod i.8.21 Year Ended 31.3.22 Tolol rwjds Urffc¢tsi¢i ru Note5 INCOME AND ENDOWMENTS FROM 48.099 198.061 lrn'L'slmL￿l income 19.0 Tot21 67.189 198,061 EXPENDITURE ON Charliuble acili'llles OpLfiLIiiw ULIii'jii¢ 23.755 15.147 NgT INCOME 43.4.14 182.914 RECONCILIATIOPI OF FUNDS Tvlal fuThJ% broughi fonijwd 182.914 TOTAL FUNDS CARRIED FORWARD 22CI,148 182.914 Thr nolcs fornj part o(these fm4rnial sts*ments Pogc 3 RAI.A CF. 8HF.Fr 31 Mdrch ?02.1 31.3.23 31.3.27 Totsl Unrcstricl FIXED ASSETS 'I'￿1&￿IbIL. 465.1 465.0(K) CURRENT A&SETS La%h JI IMnk UTKi in hand 9.6411 23,214 CREDrroRS Ainuunlty f4tlltn8 d￿. i%ithin one I'¢4 (232.3(X>) 1208.-1(K)) NET CURRENT ASSETS (222.6521 (185.086) TOTAL ASSETS LESS CURREP LIABILITIES 242.348 279.914 CREDITORS AElI(>unt% fullinu &n¢r Inorn. thin on¢ I'LJr (16,(XXJI (97.0(KJl NET ASSETS 2•(5,148 1112 ()14 FUNDS UnrL8iriclLd fuThl¥ 226.348 182,914 TOTAL FUNDS 22CTr,348 182,914 'rkn' chorilablL' componv is cnliilcd lo ￿￿t￿PIlon from ￿￿11( utwJLY SLYlion 477 of th¢ Compani¢s A¢1 for the ).￿r erNJL -1 l Muwh 21)21 'I'hc incmbcrs hait Mt Tcquircd thc company lo obiain an a￿11 of its fir4vKial sl•t¢ments for iThr ¢rnJcd 31 March 2023 in nccordllncc iiith SLYlion 47CTr of th¢ Cnmpanies Act 2(Xkn. IrLLslceb oCk￿lI1ed8￿ their responsibilitiLS lor C￿%U[ing thoi iljc LKLriIELble coinpan%' kLVS a¢¢ouNi￿ r¢¢ords thji Compl). iiith S¢¢tio￿ 386 387 of UK. Lomp4LniL$ Ac¢ 2(X)(Tr urxi prLp￿l￿thg finon¢illl sthlemcnts iithi¢h 8iir a WMI f4iT I'i¢ii' of of alTairs ofthe clwithble cumpani. 9$ at th¢ ¢>l-¢ll¢h fJnun¢ithl i'fDT nfiLs 4wplws or d¢fi¢il f(br¢ach fIr￿]cin1 l'ear in iiith thc rcquirenicnLs nf ￿.t11(￿n5 394 395 iihirh Qthcnli￿ wmpli. iiith rcqwrcmcnts of Acl 2(M)fTr rckniing Iti rinancial slalemL￿ts. so faras appltcabk ￿ thL' ¢h)rkthbl¢ ¢ompdn%'. la) (b) The notes f(Th part ofthese f￿￿la1 s￿rMEnts PaBe 4 tontinud... Erdin on I lami¢ Foundation BALANCE SFIEET- coniinued 31 Imarch ?0? These financial siaiements h&%'e been prepartd in ac¢(Ydance iiith the provision5 applicable io ¢haritable companies subject io the sn)all companies regime. Th¢ financial sia*menlS i%"ere appro%'ed b%. the Board OfTru￿¢¢5 and authorised for issue on 15 August 2024 and iirre signed on lis behalf by.. S M S Quadri- Trusitt The fomi pan of ih¢se financial staiemen¢s Page 5 .rdin lo Nnl"r.s'r()'I'lll.' l.INANCIAI. ￿ATF.ME￿rS <)r thc Ycar I,.nd¢xl_Il or¢h ?021 AccouwfiNG POLICIES Bts$ls of p￿p￿rITrE the Ilttnn¢lil stulemtnts Thl fEIiatKiiil 5ldlLillin¢s vl" ihL" ch&riknbli ¢i)mpthn>'. iihich is a public I￿￿erIt ¢niits' under FRS 102. been prcparL'd in aecorddnr& i%ith thL Chariiits SORI) II.RS 1021'Attaunting and Re￿>￿]ng M. Clwi"ii¥s". Slolcmcni of Rccon)mend¢d lkn¢iicc upplie￿Ible lo clwill￿ prcparing ￿.*r tsccounts in accord&n¢L i¥ith the Trintsnciul Rq)off ing Sthndard appli¢ablc in Ihc UK aThl Riyublic of IrclaTrl IFRS 10?) (elTe£lii'L' l Jsnv8n' 2019),. FIN￿]￿1 Reponin&' Slon(knrd 102 '"fhc I."1M￿l&l R¢￿rtillg Stotyjaftl &￿11¢￿bIL in UK urxt Rcpublic ofir¢knT¥J' aThl ￿ Componie5 Ael 20(￿. Th¢ hoi'c bL￿n PTLI)affxJ undcr thc hi￿0￿c￿l c(Jsl com'LY)iio Ihroni¢ All in¢onic i% rccogniscd in th¢ Staknn¢nt of Finon¢inl A¢ii1l1iei on¢¢ th¢ ¢knrill' ¢ntslkmeN io the fuThls. li 15 probllble thoi Ih. Incon￿ iiill rLYeiiixl #rxl um￿nI can ￿ mogjrd reliobli.. Expendlture l.i)bililiLs urL T¥YO8nis¢d a¥ cxyctylilw¢ Ds s￿￿ &s is a1¢8al or t4)nstn￿lI1'¢ obligutson commiiung chorit%' lo ilwi L'XPLyOiiuA'. it i& pTr)bublc dull u tsunsfcr o(economi¢ I￿￿riL% i%ill be Tlwwrcd in SL'iiIemi￿t arNJ thL amouni ol'uk. obligalion clln k. mlasurid r¥liabli'. l-.l[￿￿11U￿' 15 for on atcn]ols busi$ hos bel￿ ¢las%iliL.d undLr hLodiT¥¥ Ag¥T¥8al¥ ull c4)s1 rL.llli¢d lo UK. ¢aliTOTh'. WIK'r¢ cosls con￿1 k dir￿¢1*. oltribulLxI 19 purtLLuItLr hL¥diw hoir tr*¢n ollocalL¥I kn J¢tiiiii¢s basiSco￿lS*th iiith usc of r￿urceS. T4nk¥lble fixcd assets IX'pr¢ciTrliL)n is pro%'iilcd Qi ￿ folloiiin8 llTmuoI rn1¢s in order lo i%rilc <)rrcach a&sel oirr its ￿lm￿tea lifc. TEsA¢Son 'I'kn. ¢harili' is exempi frrnn ¢orwrntson on its ¢huritsble uclii'iii¢* Fund Acwunlln% unrLstriC￿d funds can bc u5LYI in ￿Cord￿n¢¢ iiith tk clwitaTrJl¢ ￿J￿Ill.C5 ai ￿ di5¢fdion of trWLTh. RL%lri¢lid can onli. ￿. for portiLular r¢stri¢ityJ pwK)se5 ilithin thc obiccts of ¢horil%.. R¢%ln¢ii(In$ ari%¢ i%th¢n %￿cifIc￿ ￿. the d(Tr￿r or [￿5 ar¢ r4is¢d for particular r¢StrI¢￿Il PWPOSL¥. run]KY gxplanDlion of th¢ nTriure pwrx)s¢ ofca¢h furwj is i￿]￿t￿l in thc nole5 to th¢ INVESTMEJYT INCOME lTrerio(J 5.¥.21 31.3.22 I9.0￿) Pag¢ 6 Erdin N()-ri.',%'ri) Tlll.. J.-INANClAI..￿ATEME fort YLar I'.Ndrd I l MarLlI 202_1 8_ contin￿d NET JNCOMFJ{EXPENDITURE) i￿oIn¢1(￿lpL'Th1L1u[e) is sto*d thftcrchDr8iW(crediIi¥￿).' 5.8.21 lo 31..1.2? Y¢ut LiidL%I 31.3.2.3 Accounl&nci' fl TRu￿EES. REMUNERATION AND BENEF￿s I'lx'rl 14'LrL rtThWLcrnlion or bLwfits for i'cw eThled 31 March 2023 Th)r for Peri￿ L*(kd 31 MaT¢h ?022. Trustccs. txpensej "I"h¢T¢ ￿LYL In￿L￿.￿ ¥Np¢ns¢5 paid foT th¢ I'¢ar ¢nd￿ 31 Mowh 2023 Th)r for the peri(￿ cry1￿ 31 MaTclI ti02 TANCIBLE FIXED ASSETS l-rLY]M)Id pn)rKrt)' COST Ai l April 2022 nnd.11 Murcli 2021 4C>5.IKKI IYET BOOKVALUE Ai 31 mll￿h 2023 4()5.IMX) A¢ 31 Mthrch 2022 4(15,( CREDITORS: AMOUNTS FALLING DUE wmiIN ONE YEAR 31.3.23 OUK'r lothns-iiithin thon l i'¥ar 232.-I 208.3(K) conlinucd... N()I'1,'% I'n"riir. FINANCIAI. ￿ATFmF.￿S- conlin￿l for thc r.nitcd .1 l Mnrc 20?1 cRED￿ORS. Amoufas FALLING DUE A ￿ER MORE THAN ONE YEAR 31.3.23 31.3.22 Uthcf louns I%ce TKbte 81 16.IKKI 97.0(Xb LOANS An analvsis of th¢ TrwlurÉti' of loons 15 gÉi'cn beloii-. 31.3.23 31.3.22 Arno￿1¥ fulltng bcli%een und tiiD J'ettTS-. Loarn¥- mLTrrL thun l i'¢&r 16.(KKI 97.0(K) MOVEMENT IN FUNDS Ncl Ai At 1.4.22 inr Unr¢strlrled funds (i&'nL'rul lund 182.914 43.434 226,348 TOTAL FUNDS 182.914 22CI,34¥ NLI mcbi'LmLni In fun(L%. in¢ludL.d in th¢ al￿￿.¢ ure as folloi%¥'. Incomin UN￿51r[Cle￿ funds (iLnL'ral lurML 67.189 (23.755) 43.434 TOTAL FUNDS 67.189 (2.1,755) Comp2rntli'o5 for moi'emeAt lth funds NLII Ai 31..1.22 in furhJ5 Unrestrfd¢d funds (i¢￿L￿dI fund 182,914 182,914 TOTAL FUNDS 18?.914 111?.9l4 Pagc 8 niinucd... N()'I'I,'%'I'()I'IIE.- fiNANCIAL sfATEMEKf.s_ coniinwxl or thi Y¢ur I'.n(Jcd.11 MarLh 2023 mOVEmEP￿ IN FUNDS- continued CompuTalive nel moirmthi in fuTrJs. intludlul in the aboir are &$ (0110113.. Rcgiurce Moi'L'niL'ni in funJs re￿U[C¢s Unr¢5trirted funds (iLIILYal lurki I98.(￿1 (15.147} 182.914 TOTAL FUNDS 198.(KTrl (15.147) 182.914 io. RELATED PARTY DISCLOSURES No In¥inbLYs ufthL mDnogemeni ¢ommillce recc11￿ am. remu￿raIl0n￿￿Till￿ thc )'gw. No tnLs¢Lx or other r¢la*d ￿ the chorii). um. irn¢r&d in 2n). comm¢1 or iransoction eniLYciJ inio b￿. th¢ clwrili. during %'¢ar. During thL' i.￿r no pui'ment OT r¢imbw5¢mcnt Of0￿￿0(.￿￿K'cl C¥[￿ i%rr¢ made thini parties for iiplrL%L￿ bl. fftLsIL*5. Pa8e 9 l)I:.'fAII.I.:D %TA"I'P.ME.'Mr OF FINANCIAL AcrI (Ir t￿. Ycar I'.NdL¥I I l March 207-, TIF.S Pcriod 5.8.21 to 31.3.22 31.3.23 INCOME AND ENDOWMENTS Donjtionj I￿￿tte l)i)noiion 48.099 198.061 Ini'c5tment Income RLml¥ rLceji'id t9.0￿ Tolxl InromlnR rtsource5 67.189 198,(Y)I EXPENDrfuRE sup[￿rI cost5 A¢¢oyniunci. f¢L' In%uraiicL l.iblil hL'Qi Repoir und L¢yJl & profi¥%ional 3.IM)O I.IX)6 3,418 14.633 1.199 910 796 1.687 23.256 15,(kS1 Fln•nc¢ SundriLts Bank. 393 86 499 l olul rc50wce5 c¥peThl 23.755 15.147 NL't Incom¢ 182 ()14 Thi&. pa8e d0¢5 nDi forni part of stsiuton. 5ts1crnents PaBe 10 REGISTERED COMPANY NUMBER: CE026332 (EnRland #Dd W4le51 REGISTERED CHARrfY NUMBER: 1195410 Moryn R￿ch Clkirter¢d C¢rtified ACCO￿th￿ Mor&Jan Rcach IlouA' 13CTr Ilagle!. Riwd Bim)inghwn MidlaTrls 169NX ton I%lamie F￿￿(kntio rc)r IhL YLear ended 31 Nlarch ?023. The ITusie¢s hai'e adopted ihe proi'isioDS of Aceounling and R¢poning b). Chariiies: Siai¢meni orR¢￿Mmended Practitt applicable io chariiies preparing Ih¢ir accounts in accordance iiiih ihe Financial Rep)rting S￿ndard applicable in the UK and Republic of Ireland IFRS 1021 letfectiie I January, 20191. STRucfuRE, COVERNANCE AND 11AN,ICEIMENT GoverniN% docunient Th¢ cliaril!. is eonirolled bv 115 801'ernin8 th¢umenl, a d¢¢d ofiwsi. and consiillltes a limii¢d compan).. limited by Buaranl¢¢. as defined bj lh¢ Companies A¢1 ?¢106. REFF.RENCE AP•D,IDIlllNI IST￿￿TIVE DETAIIS Reg15tered Company number CE026332 (England and Wal¢sl Rtgi5tertd Charity nuThber 1195410 R¢gist¢rod office 15 Hi&ih Streei ErdiiiL¢ton Birmin¥haiii B23 6RG Truslees S M S Quadri Tru51¢e S Choudhr). Trusiee M Flussain Chair Z Ilussain Trusiee M K Fl Pandh4Lir Independent Examlnlr Morgan Reach Chanered Certified Accounlants Morbian Reach Hous¢ 136 Flagley Road Bimiin¥ham West Midlands B169NX Approved by ordcr of Ihc board of irust¢¢s on IS Aususi 2024 and si8ned on Its bchalf by: S M S Qu3dri- Trusi¢¢ Page I INDF.PF. F.RI)INCTTON I.AMtC FOI nN Indr￿ndent examiner's report to the trnstces of Erdington lslamlc F•unil#tlon {'the Conbpgn! ) I rcpotl lo Ihe cknri¢)' Irl￿1cCS on m}. ¢vminJlKJn of￿. accoL4ilsof ￿comp￿m. for I.￿r c￿]ed 31 March 20*.1. ResponSLbllitie5 thnd bo515 of ￿￿)rt As IIIL clJ&riii".% InLS'¢Lx5 of Comptsm. {￿d also its d1￿CloTS for th¢ pwwi%s of compun%' lai4') i'uu are [￿s￿)lL81b]e for th¢ prL'PLirdliun i)f thL uccounts" in iiith Icquircments of thc com￿￿1￿ Aci I'￿￿. 2unls d() rh)I c<)iiipli' iiith th& accounti￿. rcquirrments of Scclion .IW> of A¢1 than um. rL'4ujTiiiiini thui a￿0￿1[S I￿. aThJ fDiT I'tei%' iihi¢h is moticr ¢oAsidcrLYl us pan of un IThk'pindL￿I Iiiiiinulii)n.' OT thc ULYouni.¥ hui'L rKil prL7Tr4irL￿ in ttC¢UTsJwKL iiith the MC￿m>d5 principlL% (br %llllL4nini R¢¢()Iiiiii¥ndLYJ fi)i ucco1￿lInb1 and re￿>￿1ng b). ChtiTItic￿ (applicabl¢ lo ¢horilie% pr¢paring thcir tsc¢ounL% in U¢¢C)Tdunci ii'tth Ik. FinJNwl Rcporting appli￿￿1¢ in UK aTKI RLwublic i)f Ireldnd Il..RS 1011} I IMVL no C()￿L￿S hAI'¢ Come across no molt¢rs in coItricction iiith cNaminalM)n ￿ iithÉch oll¥yllivn should bl drni5￿ in thts r￿.￿rI in ordLT io Lwblc ￿￿e[S￿￿J1n8 of th¢a¢eounts lo b¢ T¢a¢hL¥I. Dr Kutllrnn Shuikh. Ch￿rt￿rd Ccrlifi¢d AtrOun￿n1S 'rhL AsM)ciotion uf ChNrtLY￿l Certified Ac¢ountsinLs Mi?r¥un IILaclJ Ccrtificd Accounwii$ Nfnr&?nn RLoch I lo￿￿. 136 1 I£Lbbl¥*' Iload Biryning)illin 131(>9NX 15 Aug￿$1 2024 Pog¢ 2 S'l'A'I'I.:Mi7rr or ￿NANcIAl. ACTIVITIES ror th¥ YiaT I'-ndcd.11 Murch 201.1 PLriod i.8.21 Year Ended 31.3.22 Tolol rwjds Urffc¢tsi¢i ru Note5 INCOME AND ENDOWMENTS FROM 48.099 198.061 lrn'L'slmL￿l income 19.0 Tot21 67.189 198,061 EXPENDITURE ON Charliuble acili'llles OpLfiLIiiw ULIii'jii¢ 23.755 15.147 NgT INCOME 43.4.14 182.914 RECONCILIATIOPI OF FUNDS Tvlal fuThJ% broughi fonijwd 182.914 TOTAL FUNDS CARRIED FORWARD 22CI,148 182.914 Thr nolcs fornj part o(these fm4rnial sts*ments Pogc 3 RAI.A CF. 8HF.Fr 31 Mdrch ?02.1 31.3.23 31.3.27 Totsl Unrcstricl FIXED ASSETS 'I'￿1&￿IbIL. 465.1 465.0(K) CURRENT A&SETS La%h JI IMnk UTKi in hand 9.6411 23,214 CREDrroRS Ainuunlty f4tlltn8 d￿. i%ithin one I'¢4 (232.3(X>) 1208.-1(K)) NET CURRENT ASSETS (222.6521 (185.086) TOTAL ASSETS LESS CURREP LIABILITIES 242.348 279.914 CREDITORS AElI(>unt% fullinu &n¢r Inorn. thin on¢ I'LJr (16,(XXJI (97.0(KJl NET ASSETS 2•(5,148 1112 ()14 FUNDS UnrL8iriclLd fuThl¥ 226.348 182,914 TOTAL FUNDS 22CTr,348 182,914 'rkn' chorilablL' componv is cnliilcd lo ￿￿t￿PIlon from ￿￿11( utwJLY SLYlion 477 of th¢ Compani¢s A¢1 for the ).￿r erNJL -1 l Muwh 21)21 'I'hc incmbcrs hait Mt Tcquircd thc company lo obiain an a￿11 of its fir4vKial sl•t¢ments for iThr ¢rnJcd 31 March 2023 in nccordllncc iiith SLYlion 47CTr of th¢ Cnmpanies Act 2(Xkn. IrLLslceb oCk￿lI1ed8￿ their responsibilitiLS lor C￿%U[ing thoi iljc LKLriIELble coinpan%' kLVS a¢¢ouNi￿ r¢¢ords thji Compl). iiith S¢¢tio￿ 386 387 of UK. Lomp4LniL$ Ac¢ 2(X)(Tr urxi prLp￿l￿thg finon¢illl sthlemcnts iithi¢h 8iir a WMI f4iT I'i¢ii' of of alTairs ofthe clwithble cumpani. 9$ at th¢ ¢>l-¢ll¢h fJnun¢ithl i'fDT nfiLs 4wplws or d¢fi¢il f(br¢ach fIr￿]cin1 l'ear in iiith thc rcquirenicnLs nf ￿.t11(￿n5 394 395 iihirh Qthcnli￿ wmpli. iiith rcqwrcmcnts of Acl 2(M)fTr rckniing Iti rinancial slalemL￿ts. so faras appltcabk ￿ thL' ¢h)rkthbl¢ ¢ompdn%'. la) (b) The notes f(Th part ofthese f￿￿la1 s￿rMEnts PaBe 4 tontinud... Erdin on I lami¢ Foundation BALANCE SFIEET- coniinued 31 Imarch ?0? These financial siaiements h&%'e been prepartd in ac¢(Ydance iiith the provision5 applicable io ¢haritable companies subject io the sn)all companies regime. Th¢ financial sia*menlS i%"ere appro%'ed b%. the Board OfTru￿¢¢5 and authorised for issue on 15 August 2024 and iirre signed on lis behalf by.. S M S Quadri- Trusitt The fomi pan of ih¢se financial staiemen¢s Page 5 .rdin lo Nnl"r.s'r()'I'lll.' l.INANCIAI. ￿ATF.ME￿rS <)r thc Ycar I,.nd¢xl_Il or¢h ?021 AccouwfiNG POLICIES Bts$ls of p￿p￿rITrE the Ilttnn¢lil stulemtnts Thl fEIiatKiiil 5ldlLillin¢s vl" ihL" ch&riknbli ¢i)mpthn>'. iihich is a public I￿￿erIt ¢niits' under FRS 102. been prcparL'd in aecorddnr& i%ith thL Chariiits SORI) II.RS 1021'Attaunting and Re￿>￿]ng M. Clwi"ii¥s". Slolcmcni of Rccon)mend¢d lkn¢iicc upplie￿Ible lo clwill￿ prcparing ￿.*r tsccounts in accord&n¢L i¥ith the Trintsnciul Rq)off ing Sthndard appli¢ablc in Ihc UK aThl Riyublic of IrclaTrl IFRS 10?) (elTe£lii'L' l Jsnv8n' 2019),. FIN￿]￿1 Reponin&' Slon(knrd 102 '"fhc I."1M￿l&l R¢￿rtillg Stotyjaftl &￿11¢￿bIL in UK urxt Rcpublic ofir¢knT¥J' aThl ￿ Componie5 Ael 20(￿. Th¢ hoi'c bL￿n PTLI)affxJ undcr thc hi￿0￿c￿l c(Jsl com'LY)iio Ihroni¢ All in¢onic i% rccogniscd in th¢ Staknn¢nt of Finon¢inl A¢ii1l1iei on¢¢ th¢ ¢knrill' ¢ntslkmeN io the fuThls. li 15 probllble thoi Ih. Incon￿ iiill rLYeiiixl #rxl um￿nI can ￿ mogjrd reliobli.. Expendlture l.i)bililiLs urL T¥YO8nis¢d a¥ cxyctylilw¢ Ds s￿￿ &s is a1¢8al or t4)nstn￿lI1'¢ obligutson commiiung chorit%' lo ilwi L'XPLyOiiuA'. it i& pTr)bublc dull u tsunsfcr o(economi¢ I￿￿riL% i%ill be Tlwwrcd in SL'iiIemi￿t arNJ thL amouni ol'uk. obligalion clln k. mlasurid r¥liabli'. l-.l[￿￿11U￿' 15 for on atcn]ols busi$ hos bel￿ ¢las%iliL.d undLr hLodiT¥¥ Ag¥T¥8al¥ ull c4)s1 rL.llli¢d lo UK. ¢aliTOTh'. WIK'r¢ cosls con￿1 k dir￿¢1*. oltribulLxI 19 purtLLuItLr hL¥diw hoir tr*¢n ollocalL¥I kn J¢tiiiii¢s basiSco￿lS*th iiith usc of r￿urceS. T4nk¥lble fixcd assets IX'pr¢ciTrliL)n is pro%'iilcd Qi ￿ folloiiin8 llTmuoI rn1¢s in order lo i%rilc <)rrcach a&sel oirr its ￿lm￿tea lifc. TEsA¢Son 'I'kn. ¢harili' is exempi frrnn ¢orwrntson on its ¢huritsble uclii'iii¢* Fund Acwunlln% unrLstriC￿d funds can bc u5LYI in ￿Cord￿n¢¢ iiith tk clwitaTrJl¢ ￿J￿Ill.C5 ai ￿ di5¢fdion of trWLTh. RL%lri¢lid can onli. ￿. for portiLular r¢stri¢ityJ pwK)se5 ilithin thc obiccts of ¢horil%.. R¢%ln¢ii(In$ ari%¢ i%th¢n %￿cifIc￿ ￿. the d(Tr￿r or [￿5 ar¢ r4is¢d for particular r¢StrI¢￿Il PWPOSL¥. run]KY gxplanDlion of th¢ nTriure pwrx)s¢ ofca¢h furwj is i￿]￿t￿l in thc nole5 to th¢ INVESTMEJYT INCOME lTrerio(J 5.¥.21 31.3.22 I9.0￿) Pag¢ 6 Erdin N()-ri.',%'ri) Tlll.. J.-INANClAI..￿ATEME fort YLar I'.Ndrd I l MarLlI 202_1 8_ contin￿d NET JNCOMFJ{EXPENDITURE) i￿oIn¢1(￿lpL'Th1L1u[e) is sto*d thftcrchDr8iW(crediIi¥￿).' 5.8.21 lo 31..1.2? Y¢ut LiidL%I 31.3.2.3 Accounl&nci' fl TRu￿EES. REMUNERATION AND BENEF￿s I'lx'rl 14'LrL rtThWLcrnlion or bLwfits for i'cw eThled 31 March 2023 Th)r for Peri￿ L*(kd 31 MaT¢h ?022. Trustccs. txpensej "I"h¢T¢ ￿LYL In￿L￿.￿ ¥Np¢ns¢5 paid foT th¢ I'¢ar ¢nd￿ 31 Mowh 2023 Th)r for the peri(￿ cry1￿ 31 MaTclI ti02 TANCIBLE FIXED ASSETS l-rLY]M)Id pn)rKrt)' COST Ai l April 2022 nnd.11 Murcli 2021 4C>5.IKKI IYET BOOKVALUE Ai 31 mll￿h 2023 4()5.IMX) A¢ 31 Mthrch 2022 4(15,( CREDITORS: AMOUNTS FALLING DUE wmiIN ONE YEAR 31.3.23 OUK'r lothns-iiithin thon l i'¥ar 232.-I 208.3(K) conlinucd... N()I'1,'% I'n"riir. FINANCIAI. ￿ATFmF.￿S- conlin￿l for thc r.nitcd .1 l Mnrc 20?1 cRED￿ORS. Amoufas FALLING DUE A ￿ER MORE THAN ONE YEAR 31.3.23 31.3.22 Uthcf louns I%ce TKbte 81 16.IKKI 97.0(Xb LOANS An analvsis of th¢ TrwlurÉti' of loons 15 gÉi'cn beloii-. 31.3.23 31.3.22 Arno￿1¥ fulltng bcli%een und tiiD J'ettTS-. Loarn¥- mLTrrL thun l i'¢&r 16.(KKI 97.0(K) MOVEMENT IN FUNDS Ncl Ai At 1.4.22 inr Unr¢strlrled funds (i&'nL'rul lund 182.914 43.434 226,348 TOTAL FUNDS 182.914 22CI,34¥ NLI mcbi'LmLni In fun(L%. in¢ludL.d in th¢ al￿￿.¢ ure as folloi%¥'. Incomin UN￿51r[Cle￿ funds (iLnL'ral lurML 67.189 (23.755) 43.434 TOTAL FUNDS 67.189 (2.1,755) Comp2rntli'o5 for moi'emeAt lth funds NLII Ai 31..1.22 in furhJ5 Unrestrfd¢d funds (i¢￿L￿dI fund 182,914 182,914 TOTAL FUNDS 18?.914 111?.9l4 Pagc 8 niinucd... N()'I'I,'%'I'()I'IIE.- fiNANCIAL sfATEMEKf.s_ coniinwxl or thi Y¢ur I'.n(Jcd.11 MarLh 2023 mOVEmEP￿ IN FUNDS- continued CompuTalive nel moirmthi in fuTrJs. intludlul in the aboir are &$ (0110113.. Rcgiurce Moi'L'niL'ni in funJs re￿U[C¢s Unr¢5trirted funds (iLIILYal lurki I98.(￿1 (15.147} 182.914 TOTAL FUNDS 198.(KTrl (15.147) 182.914 io. RELATED PARTY DISCLOSURES No In¥inbLYs ufthL mDnogemeni ¢ommillce recc11￿ am. remu￿raIl0n￿￿Till￿ thc )'gw. No tnLs¢Lx or other r¢la*d ￿ the chorii). um. irn¢r&d in 2n). comm¢1 or iransoction eniLYciJ inio b￿. th¢ clwrili. during %'¢ar. During thL' i.￿r no pui'ment OT r¢imbw5¢mcnt Of0￿￿0(.￿￿K'cl C¥[￿ i%rr¢ made thini parties for iiplrL%L￿ bl. fftLsIL*5. Pa8e 9 l)I:.'fAII.I.:D %TA"I'P.ME.'Mr OF FINANCIAL AcrI (Ir t￿. Ycar I'.NdL¥I I l March 207-, TIF.S Pcriod 5.8.21 to 31.3.22 31.3.23 INCOME AND ENDOWMENTS Donjtionj I￿￿tte l)i)noiion 48.099 198.061 Ini'c5tment Income RLml¥ rLceji'id t9.0￿ Tolxl InromlnR rtsource5 67.189 198,(Y)I EXPENDrfuRE sup[￿rI cost5 A¢¢oyniunci. f¢L' In%uraiicL l.iblil hL'Qi Repoir und L¢yJl & profi¥%ional 3.IM)O I.IX)6 3,418 14.633 1.199 910 796 1.687 23.256 15,(kS1 Fln•nc¢ SundriLts Bank. 393 86 499 l olul rc50wce5 c¥peThl 23.755 15.147 NL't Incom¢ 182 ()14 Thi&. pa8e d0¢5 nDi forni part of stsiuton. 5ts1crnents PaBe 10