( N SEERAH J FOUNDATION ANNUAL REPORT 2022 & FINANCIAL STATEMENTS ## CONTENTS ABOUT SEERAH FOUNDATION 5 MESSAGE FROM THE CEO 7 OUR 2022 PROJECTS 9 OUR PLANS FOR 2023 11 INDEPENDENT EXAMINERS REPORT 13 STATEMENT OF FINANCIAL ACTIVITIES 14 BALANCE SHEET 15 NOTES TO THE ACCOUNTANT 17 CONTACT US 23 3 Yasir Hassan Chair Ibrahim Rahman Trustee Health-tech investor with a track record of growing companies from start-up to exit Worked as a smartphone software engineer for more than a decade. Usman Hamid Trustee Asma Shariff Trustee Driving Instructor for more than 16 year Counsellor and community engagement WOTker wtthin the third sector. Rizwan Kayani Trustee Yusuf Hassan Trustee Experienced Co-Founder wtth a demonstrated history of working tt and Finanoal servi￿$. Risk and Compliance professional, leading remediation projects with Tier I banks and Investment firms. ## ABOUT SEERAH FOUNDATION is a Registered Charity in England and Wales (No 298918). We are a non-profit organisation with a vision to transform communities and peoples lives by providing authentic and accessible Islamic education all around the world. We are passionate to share the true message of Islam, and the life and teachings of the Prophet Muhammad (peace be upon him). To educate, and to counter misinformation, extremism and Islamophobia. We want to share Islam across generations and nations by presenting Islam in new and unique ways. ## SEERAH FOUNDATION Trustees: - Mr. Yasir Hassan (Chair) - Mr. Ibrahim Rahman - Ms. Asma Shariff - Mr. Usman Hamid - Mr. Rizwan Kayani - Mr. Yusuf Hassan ## Independent Examiner: - Rasheeda Njidda Ahmed 5 QURBAMI 2022 UGANDA ## MESSAGE FROM THE CEO Assalaamu alaikum warahmatullah, Allhamdulilaah, 2022 marked the 10th year in my role as head of the Seerah Foundation. We have been working to share the message of Islam with people in the United Kingdom, and around the world since 1976. In 10 years we have made all our legacy publications available digitally. We have started our Spanish translation program. Donated thousands of Islamic books around the world. Increased our online presence, and more. Yet, there is so much more for us to do. Seerah Foundation have many plans for the next 10 years in Sha Allah. Our signature product, the 8 Volume Muhammad[ ﷺ] Encyclopedia of Seerah, of which tens of thousands of copies were published, is still in great demand. Our primary goal going forward should be to present the message of Muhammad[ ﷺ] to today’s visually literate world. Seerah Foundation are planning to revise our Encyclopedia of Seerah, and build an extensive, feature-rich, accessible, and 100% FREE Digital Learning Platform to showcase the life and lessons of God’s final Messenger .[ﷺ] The world needs to know and understand Muhammad[.ﷺ] That is our mission. Jazak Allahu khairan. Wassalaamu alaikum warahmatullah, Omar Faruq CEO, Seerah Foundation London, 10th January, 2023. 7 ## OUR 2022 PROJECTS ## **1. Audiobook** and **Spanish Translation** These longterm projects are currently ongoing and will continue in Sha Allah. ## **2. Book Donation Project** Seerah Foundation plan to keep distributing our legacy Islamic books, free to those in need. More than 5000 books have been sent all around the globe to children, students, and seekers of knowledge. ## **3. Animations for Muslim Children** Seerah Foundation produced and released our first children’s animation, made available free online; _**Time to Pray**_ , based on one of our children’s books by Suzanne Stone. ## **4. Encyclopaedia of Seerah: Revised Edition** Our flagship product has always been Muhammad ﷺEncyclopedia of Seerah, but it has been out of print for two decades and very few volumes are now available. We made plans for a revised, modern edition of this landmark work. Plans have evolved and changed. The aim now is to produce a free online resource on the life of our Prophet ﷺusing the revised content from the Encyclopedia. This is a massive project and will take a lot of time and money. We are still formulating aspects of this project, so keep a close eye on our social media channels for more news. 9 ## OUR PLANS FOR 2023 ## **1. Audiobook** and **Spanish Translation** These longterm projects will continue in Sha Allah. ## **2. Book Donation Project** With over 5000 books donated around the world, we are now entering the final phase of this project. Seerah Foundation has approximately 3000 of our legacy Islamic books left. Over the next year we want to make a final push to raise money to send the last of these books around the globe to children, students, and seekers of knowledge. ## **3. Animations for Muslim Children** Our second short children’s animation; based on a children’s book by our founder Afzalur Rahman, will release in the coming months in Sha Allah. ## **4. The Online Encyclopaedia of Seerah** This massive project, to revise the content from the Encyclopedia of Seerah, build a new digital learning platform to share this knowledge, is just getting started. Seerah Foundation are planning to reach out to major funders to help get this project started. This is the mission of every Muslim. To share the life and lessons of Muhammad .ﷺA mission that has no end. 11 F IIDlhG 12 I.E. REPORT ## **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF SEERAH FOUNDATION** I report to the charity trustees on my examination of the accounts of the Company for the year ending: 31st December 2022. ## **Responsibilities and basis of the report** As the charity’s trustees of the Company (and 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’) in England and Wales (or Scotland) (sections 193 and 353(1), Charities Act 2011) (‘the 2011 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** I have completed my examination. I confirm that no matter has come to my attention in connection with the examination other than that disclosed below, which gives me reasonable cause to believe that in any material respect that: - Accounting records were kept in respect of the Company as required by section 386 of the 2006 Act: or - The accounts accord with those records adequately; or - The accounts comply with the accounting requirements of section 396 of the - 2006 Act. The account gives a ‘true and fair view’ which is not a matter considered as part of an independent examination; or - The accounts have 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)). During my examination of the accounting record of the charity, it was noted that all disclosures were made in the notes for charity funds and fixed asset revaluations. This has led to the accounts agreeing with the charity’s SoFA and balance sheet. The charity’s trustees are aware of the importance of proving detailed notes to the accounts. 05/09/2023 Signed ………………………………………………………… Date …………………………… 13 Section A statement of financial activities TJ.801 27.829 S15 sio $17 S8.630 30.801 27.829 24 632 S18 si• lkntn￿V￿￿l in funds 58.630 30.801 27.8?9 R￿o￿lI141¥0n of lund8.' S21 Total funds c•rriodlorw•rd 58.6 .8Qi 27,829 14 SEERAH FOUNDATION Section B Balance sheet Fixed assets Intangible asset* Tthgible assets FD3 F04 F05 111tsts 14) 1 900.000 1.500 crfjo Investments rot•l fiXe(l￿Sets B Current assets Slocks Debt In¥e8tment$ Cash ot bonk h•nd (Note 241 5.898 5.898 ?4.639 Crediiofs: an￿)￿t$ falling due within one year NetC4ffrnnt•$sei￿1M￿l￿I￿J B12 5.898 5.898 24.639 Tot•1 assets less cuffent liats"Iit￿J 813 1 9)5.898 1905.898 1.5?4 637 Creditors: arno￿￿ fdfing due after one year Provi$ions for li0￿"111** 914 Bl5 Tot•1 net•ssets or lia￿1rt Funds of the Charity Endowmeni fvnd$ Bl¢ 1,￿5.898 1.905.898 1.524.632 B17 Restr￿1¢￿ In￿)me funds Bl8 Unre8tricied fw 819 1.9)5.898 I.￿5.698 .5?4.63? Revaluation reserve Tot•llunds B21 1.905.898 .524.632 Da* of approval Od'm all the Iru5tees Print Name IBKAHlht KAHM.4N 2i109120•3 15 ## NOTES TO THE ACCOUNTANT ## **1. Accounting Policies** ## **(a) Basis of preparation and assessment of going concern** The accounts (financial statements) have been prepared under the historical cost convention with items recognized at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity constitutes a public benefit entity as defined by FRS 102. The trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest ## **(b) Fund’s structure** Unrestricted income funds comprise those funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion, have created funds for specific purposes. Restricted funds are funds that are to be used in accordance with specific restrictions imposed by the donor or trust deed, or through the terms of an appeal. ## **(c) Income recognition** Income is recognized once the charity has an entitlement to the income, it is probable that the income will be received, and the amount of income receivable can be measured reliably. Donations are recognized when the charity has been notified in writing of both the amount and settlement date. If a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognized until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity, and it is probable that those conditions will be fulfilled in the reporting period. Income from grants, whether ‘capital’ or ‘revenue’ grants, is recognized when the charity has an entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received, and the amount can be measured reliably and is not deferred. Income received in advance of the provision of a specified service is deferred until the criteria for income recognition are met. 17 Section C 14oles to the accounts Iconti Note 3 Anatysts of i￿ome tknJ5 T(4al fvAvJ5 PriL¥y tkJnatK)n$ a GnlAKI Le acies General 9rants wovthd by 11.734 16.?5? 2.635 25.816 and legaciu: 2.635 Men*￿ship $th¢rip￿S and Spon￿h1ps whi¢h 8re tn Substarn￿ th)fta￿r Donaled LYA$ lJcilrties ar￿ 8ervKes 7.163 11.734 18.897 25,816 Charitable activitiu: oth Other trading ti¥itiu'. Othef kncome from In*￿tMentS. Interest Income Dividend Inccme Rental le8 41.554 41.554 45.518 41.554 Separate rnaterial item ol in¢¢)me: Bc￿￿ 5a'es KTrckStart scheme lund> 1.571 19.067 1.571 I9.￿7 724 10.532 11.2 Gain on di&wsal tsryibEe frrfed asset he￿ ¢ha . sthmuse Gwn on diswsal cla wgr8mrr* rel81 Investrment Roya ties from the exp￿rtaI￿ ofinteUecbJ81 Other 5.885 5.885 TOTAL INCOME 7?.449 11.734 84.183 88.475 All incomo in the prioryear was Unrnstl￿d *X¢Wfor. (please wovide de5ryipbon •rKI 4mounls1 18 SEERAH FOUNDATION matewial." (￿ease disclose the nthre. amowrt and awry pwwx year amountsl Notes to the ￿t(X￿ts Itonti Noie 6 AnaWL8 of expendrture h￿$ Pwvyè¥ Ana sis IncY￿ed 5eekins eona".KT15 Incurred seelinG legat*s Expendilure on rai$inu lunds: 1.418 1.418 Incurred seeling grants Oyeratng wernber¥hip xhemes aTh so¢iai oneries Stsjing fvndr8i3ing events Fu¢raisir*J ao Operatng chwty 3 Ofj.eratng a trading c￿n?anY under.aK￿g r￿￿¢baMa1}e tradng Attwertisirbg. marfÉetsTrJ. drect mail 8Th1 -￿t￿..elty Stsrt u? costs mcurrets n generat new ￿r¢e ol fu)J￿ !n¢owe Daiabase deve oFment costs ol￿.er traoiTrJ 2itYilie$ TO1￿ exF￿dItu[t on raising fwKI8 11.943 11.943 Expenditwe on charitable activrti Total exF*nditure on clwitable activitie8 22254 Separate material item of expen8e Freelancews 6•.650 70.0 6? 650 70.Oty) 19 Other 125 3.633 11.40? 7C uti ne$ Donabons to Chwitss 3.633 11.402 17.0 Tot•1 othtr expenditwe 15.165 15.165 TOTAL EXPENDITURE 112.012 112.012 Oth￿ infomi•iion.' Gr Tc4al this rot Costs Total Prby year expendrbJreon chJritable Wrthin tho •xwnditur• items abov• th follo￿n9 Items are material.. Iplthise di￿1￿ lh* na￿1*. amount and any prior year amcwtsl secti￿ C Notes to the accounts (conti Note 14 Tanuible fixed asseis Ple•sè complete thi$ note rflhe ¢h•nty Ims l•ngible fix•d•ssets 141 Cost or voluobon FTeelK*bd l* & buildrys Oth?r l*d & pkni and malor At Ihe the year 1.9)0.O RevaluaD￿9 TMn$fen' At end of the year I,￿),1￿10 1.9)0,0 20 SEERAH FOUNDATION 1&2 Depreciation impaimKnt8 SLcf RB SLorRB orRB SLorRB SLcfRB Stravjht Line (SL'I R&Ju¢ rRB"I Rate At begnrirrfJ of the Dwosals knparrnent Transfern. At end ol Ihe year 1&3 Net Lwk Net1￿x* vaK* 8tthe beginniThJ cl Ihe ye8r 1.K#J.C 1.9)D,C( Net vak* otthe efft1 oflts year 1.9Th).000 1.9xI,cf¥) 14otes to accounts (cont) Note 24 Cash at bank and in hand Thts yur Lut year Slwrt lewrn deposit$ Cosh at bw)k and on h*MI Other Total 21 SF& ￿AN FOUNDATION ,' I I￿All￿A 2023 22 ## CONTACT US Postal Address: **Seerah Foundation 78 Gillespie Road London N5 1LN United Kingdom** Email: **info@seerah.org** Website: **seerah.org** Facebook/Insta: **@SeerahFoundation** 23 'rkh.&Tr14-