AHMAD FOUNDATION TRUST ANNUAL REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 Charlty Ae8 No: 11987SI AHMAD FOUNDATION TRUST FOR THE YEAR ENDED 31 AUGUST 2024 CONTENT5 PAGE5 ChaTlty InlcThation Trustee5 Rewi Statement of Responslblllties Independent Examlnerts Rewi 5t•tement of Flnanaal ACti￿t*S ISOFAI &9 Statemeni oeAssets and Uatylllies IB•l•n¢e Shedl io Notesiothe Atttrtjnts 11.12 AHMAD FOUNDATION TRUST FOR THE YEAR ENDED 31 AUGUST 2024 CHARITY REGISTRATION NUMBER.. 1198751 REGISTERED ADDRESS.. 11 karus House. Br61ish sireei London E3 41Z CHARITVS WIK.. iloyds Bank TrVSTEES WHO SERVED DURING THE YEAR.. ArifAhm•d nlfAhrn AHMAD FOUNDATION TRUST TRusfEE5 REPORT FOR THE YEAR ENDED 31 AUGusf 2024 The trustees present the annaul rtyort and financial siaternents ol Ahmad Foundation Trust for the year ended 31 A￿USt 2024. The finahrial statements rornptywth the Tharities Act 2011 and Charities reportin8 Iramework. The trusiet5 have adopted the provisitsns from the AccountinB and Reportin8 by Charifie5.'Stètemeni of Recommended Practice ISORPI applicable for tharities preparingaccounts in accordance with the FIna￿l31 ReportinÈ St•md•rd applicable In the UK and Republic ol I￿laNd IFRS 1021 effective l¥om 1st January 2019. Le¥al StatUS'. Ahmad FouNdation Tru# Is re8iMeredwth the Charlty Cofflmlsslw as a CIO. Char6ty Numbef.. 11987$1 Objerts, Artiwitie5 and Org3nisatSon of the Ch¥rity.' The Chanty wasestablished for the lollLwn8(tyaive5- To atharKe the education of ¢hildrefi in BangJade5h bl The relief of fiNno•l hardshlpaThJ Tel￿1 ol slckne55 and preseryatlon of health amon8 Fwle r￿dI￿ In 8awladesh The rtliefof poverty throwuttheworfd To pr￿Mote the fafth of Istsm. prfmarlly. but not ex(Iu51¥ely in the VK, for the benefit ol ihe public. Ihrou8h the holldng ol lectures. workshops and dasses, produci￿ and or dbStribulin8 Iltraiures. AHMAD FOUNDATION TRUST TRUSTEES REPORT FOR THE YEAR ENDED 31 AUGusf 2024 Organisation The day to day activities of the charity is run by the executfvecommlttee. Member5 of the executlve committee Ore trustees mefitior*d in pa8e 3 of thos report. Trustees The trustee5 are elected at the AGM, for membefship of the execulNe committee, and seTwe until the end of ihe next AGM, wherelheycan starKI lor re-election as membes of the new executlve fommittee. Trustees responsibilities in relation to the financial statements The trustees are required by charity lawto prepare financial siaternents for each firtanoal yeaf whi¢h give • true •nd fair view of the finanoal arti￿1￿e5 of the charlty and of Its financfjal positioii at the end of thot year. In preparin8 these FITran￿al Statements4 the Trustees •re required to.. Selea a￿o￿n11n& polths •nd then •pply them tonsi5tentlvi Observe the rnethods printiple5 in thecharities SORP., Make Jud8ernents and accountin8 estimates that are reasonable and wudent.. Prepare the Financlal Statements on the g￿n6 concern basls tsnless It Is Inapyopriate to PfeSurne that the charlty ￿11 contlntse In op¢raiion The Trustee5 are respOn￿ble for keepin8 proper accounting records that dlsclose ￿th reasonabte a￿uracY at any time ihe linancial p051tion of the charity3￿j enat4e ihem io ensure that the financial 5t•tements a)rnply V*ith the CharitSes Aci Zoii. They are also resp0Th55￿e fof safe8uardln8 the assets ol the charliy and hence for taklw rea50n3tAe steps for the prevention and detection of fraud and other IrreKularltle5. AHMAD FOUNDATION TRUST TRUSfEES REPORT FOR THE YEAR ENDED 31 AUGUST 2024 Volunteers The trustees ol the charity aPP￿tIale the Corstrib￿lOft of volunteevswho help and suppwt the work of the tharity. Risk Review The trustees regulady r￿eW the finandal, buslntss and operatlonal flsks %¥thlch face the organisatlon and ensure that straie8ies Ire In ￿aCe io mlt*aie ihe rlsks. Achievements & Performance The trustees Ire satisfied ￿1h level of fundra￿n8 actlwltles afvj donations ralsed durlng the year and the 5ub5equent use olthe lunds for the chariiable eduuiio￿l and relief purposes. Financial position and Reserve The Statement of Ftnandal Aft5￿1￿es shows net defioi forthe year of £413 and the a(Wm￿atedfvTrds Mands * £12,C*S. This rewt. ￿￿ch has been prepared In accOrda￿e ￿th the Statement ol Recommended Praalce ISORPSI l£countin8 and RepMifi8 by Ch•rities I$￿ed ITh 2019. This rem was apwoved tythe trustees sl8n¢d on their behalf. Mr Arif Ahmad (Trusteel Date.. l* U£.?075 AHMAD FOUNDATION TRUST INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 AUGUST 2024 I repon io the trustee5 of Ahmad Foundaiion Trust Ichaiity nurnber 11987511 In fespect of my examination of the chatities accounts for the year ended 31 A￿U$l 2024. whith are set out on pages 8-10. A5 the tru5t'5 Irustees you are ie5ponsible foi the preparation of the attounts in accordance with the Charites Act 2011. I rtport in respert of my examlnation of the irust's accounts carried out under section 145 of the 2011 Charities J nd in earrying out my examination I have followed èll the appllcawe difeciions 8i¥en by the Charity Cornrnission under section 14515llbl of rhe Aci. Independent Examlner's Statement I have completed my examination. I confirni that no Material matters have come io my attention In connection with the examlnatlon giving mt Cause io believe that in any mèterial respert: l. Jccouniing records were not kept In re5pert olthe Trust as requlred by sertlon 130 of the Act; or 2. that the accounts do not accord with those recofds,. or 3. that the accounts do not compty with the applitable accovntin8 requirements toncern¢ng the form and content of accounts set out In tht Charitles (Actounts and Reports) Re8vlation 2008 orher than any requirernent that the accounts gNe a true and fail view which is not a matter considered as part of the Independent txamination. I have no concem and havt tome acros5 no othev mattefs In connertion with the ex•minatior5 to which attèntion should be drawn in this report in order to enable • proper underslandini of the Jc¢ount5 to bt reachéd. Independent Examlnerfs Detslls: Ik( M AL0￿)74￿1T qJ- ity ¢É&AJFI &0 ¢140 L•Nft*Ql￿, L. I 1£] 51gnlture.' Dote.. 27.06.*AJ- AHMAD FOUNDATION TRUST STATEMENT OF FINANCIAL AcfiviTIES (INCOME AND EXPENDITURE) FOR THE YEAR ENDED 31 AUGUST 2024 2024 Notes Totsl INCOME 31,158 Totviinrome 31.158 EXPENDITURE 0￿r5e•S Educalic￿lI & RellelProhct5 UK Projerts rot¢1Exyeftdi￿1e 31,031 31,571 NET MOVEMENYOF FUNDSFOR ThE YEAR 413 TowlFunds BroughtForwofd 12.478 TOTAL FUNDSAS AT 31 AUGUST 2024 12,065 AHMAD FOUNDATION TRUST Summary Income and Expenditure Account FOR THE YEAR ENDED 31 AUGUST 2024 2024 Income Total Expenditure Net Surplus IDeficiil fortheffinandal year 31,158 31,571 413 There were no recognised ylns otherthan those Induded In the statement ol flnandal artlvilles ISOFAI for the oJrrent year. AHMAD FOUNDATION TRUST STATEMENT OF AssEfs & LIABILITIES {BALANCE SHEET) ASAT 31 AUGUST 2024 2024 CURREIIT ASSETS Cosh Qt 8uft* 12.C65 CURRENTUAWUMES Arnounrfvllingdue within ont NET CUAREIIT ASSETS 12,065 LONG TERM UA8IUTIÉS Anwntfvllin¢du¢oft¢rmor¢ tknn ¢W￿Ve0r TOTAL*sseTS LESS CLIRRENf UA8iunES 12,065 FUNDS Brou8hi F¢)ryArd Net MrN*ment of Funds lor the ojrrent ye¥ Total Fund5as at 31 Augusi 2024 14otts 12,478 413 12.065 The financial st•tements were ippro%*d trrf the trustees and SW w ihelr behall.. Mr ArifAhma6 trru5teel Date z?. 01.7015 io AHMAD FOUNDATION TRUST FOR THE YEAR ENDED 31 AUGUST 2024 NOTES TO THE ACCOUNTS The Notes on pages Ioto 12 lomi part of the financfjal statemerts. FOR THE YEAR ENDED 31 AUGLIST 2024 NOTESTOTHE ACCOUNT5 I. ACCOUNTING POLlaES B•$15 of Ac(ountl The Fi￿nCIal Statements have been pfeyred urrfer ihe historlal c05t convention a5 rnodified by the revaluatton of certaln fixed assets m¢asured at market value. The financial staternents have been prepared in accordance with the Statement of Recommended Prartite.. Attouhtin8artd Reponing bycharltles preparin8 theor accounts In attordance ￿th the Flnanclal Reportiw siandard applicable in the Uthited K(n8dorn and Republlc of Ireland IFRS 1021 Issued Ottober 2019- efftctfve i$tJanuary 2019. and the Charities Att 2011. Intt+me is recc%nised In the perlod Inwhlch thetharlty15 entltled to receipt and the amount can be rneasured with reisonable