REGISTERED CHARrrY NUMBER: YJ21N)O Re rtof tlte Trurtee$ and Audlted Flpgn¢i41 Stwte]DeMts tOT theyegr En 31 All$t 2025 me11.$ chartEd A¢wuntants & StsDJlOry Auditors Scottish Pn)vident Ilouse 7640 aillege Road Harmw Mithll¢s¢x HAI IBQ
Tr AKhO¢1 B¢nfvoknt Contsknts of the Slatemonts ftr th¢YeaT Ended 31 Au It 2025 Report oftheTrwte¢s I to 5 Rtport of the IndependentAudiiora Statement of FIMAnclhl Athi Balaiee Sheet 10 Flow Ststrm¢Mt Nrtes t• tbt Csh Statement 12 Notd to the St¥ttmeDts 13 10 21 Detailed Ststemtnl o1Tr1ttAThtil A¢tivltl¢4 22 to 21
Tbe Al-Kho¢l Benevolent FoundatioD rt olthe Trustees for the Ye4r Ended 31 Au st 2025 The mre¢S preseni their rwrt with th¢ fiuwial wt¢m¢nts of the eharity for the year ended 31 August 2025. The ttwtee5 have 8th)Ned th¢ provisions of AttouLittig and R4rtIng by chlties,. Statement of Recornm¢nde41 Pracii¢t wli¢able to ¢harih&% prepaTiDg tbeir Cots ID aCcordae with the Financial Reporting Stslldard appliLxblv ill the UK 8Dd Rwbli¢ or rr¢knd IFRS 1021 l¢ife¢iive l January2019). OBJFThIVES AND ACTMTIKS Objectlyts alms IIK obmts of thecharily as $e( oul in the ¢hariW8 Irustdccd i5 lo advance the 151arnicT¢ligion byajl orany of the following me al Providitw and maintaining mn4ues andTc1igi¢j cenwcs fortheworship of Islami¢religion. b) Teachingatml educalingyowjgmcmbcrs of th¢Tslami¢ ¢ommutJity in th¢ dtrintS and pJa¢iices trf the TstamicTeli8ion. Strategle8 SIlfi¢l#l Activittes Th¢ Charity in wrswnc¢ of its¢lwitable 8im8 and obje¢tive8 ¢lYties i)uta wide r4ngc of adivities irltk foliowLDg s¢¢tors". a)GtheraJ LknitablepuTP05C5 bl Ethic2tion and tr#ininb C) Tr PTeventionor relief of povffly ) R¢]iwtsu$ iivilies ¢bity CnCentras its aclivilics AfouDdchilthn andY0n¥tle. elderly and old Fwk. a[ 35 as g¢n¢rni pubhr. Charity 0[14 Mqu¢$ a1 religious centres at Bri)ndesbthy ¢ornpl¥x i]] N(xth $Ww¢& and Manch8ter. These mosquts are open to the 8enErdl public pl¢ of worsh1p for thc followers of Is1¥71¢ faith. RctiEthts terttre5 Orgaiiiies various reti8Jous athiviiies atmj fwKtions ¥thdptovides iTOntion to rdise the awaTww of th¢ Isl¥tni¢faith. The njosque ayjd certtre in Manchester 15 CU[rmttynbY The SILia Welfare Association. an ittdepelldertt oryanisation. The c11ty also QP¢Tat¢s A]-Sa4Jiq schwl for b)y& Al-zthta sehwl for girls and Al-GhadEa ery (or pr¢ h0o] 8g¢ ¢hil(tr¢D. All these institi)IiOLS Ate li¢ented by the OFSTED and follows UK national ¢wn¢ulwn. Th¢ s¢h(x)15 provi(k fidj eikKation for upto4(X) pupils. Jn addiiior4 pupilsattsnd classes in Islumic studies ind ATubir. which &¢ arOUt¢n pcr¢entsge of pupils time. Crantmlthig The (Thanry athnLll15knYed collection distiibulion of various rdigious dutg like Khums. Zakat. Sadw4& iu accikn with the leachiDgs of Islamic faith. Th¢ Charity ¢ollecis gtmal donaiioJJs and aTe distributd ill pUr8Vat of the Chty8 Obj%ti$ 8UPPOrt edlItOrt at)d tr8ikning. Jicf of p0rty and v10 TeligioLs activities. V•ltsrttrtTS We all rnembers of mosques dod ¢¢ntr¢S ¢0 k ujvolved UJ yo]tary tIVitieS atyj 10 thare their skills with othets. Vol1CcTs w¢ not paid salaries on]y reimbursed ie&sonable out of Frf)ckd expetises such as traY¢l Costs. All vulunte¢rs Wolg with thiJ(tsi oioth¢rTrith)¢rabl¢ groups aT¢ CRB checked. ACHIEVEMENTS AND PERFolLMCE How o¥r a¢llville$ deltvtr ptsblk benefit A wide rfjnge of adiviric¥ 8TC canicd out ill pwsuallce of the clwitsble ainL% obFcl]v& Th¢ trust ¢onsid¢r that th¢se 8¢hVLtits, Auntnariscd below. piovi(k benefit to the widercommunity. Page I
Ai.Khoel Ben nt Eound#tloll RtpTrrt of the TTUSte for Ihe Ytar Ended 31 Au st 21125 ACHtEVEMENTS AND PZRFORMANCE ReltElous ¢tivitie (r mwues ar¢ open forwayers. w0h]P and for theactivilies asso¢iaied WEth The te]ltre5 are open for the widerpublic. During the year undEr review, off¢r a raDg¢ of relwous£thwice$ andxtivilies itKluding'. Prayer Our mosqll arc ayailable daily forptayws to the gen[ public of IaMI¢ faiikn. We havt hwLthds ofpeople atten(liTh¥ our mosque for prayeJ5. Fésdval¥ M05qu¢x c¢lcbr8le Ramadan and suvc rd for those attendin8 our Mosqur5 whu wish 10 bleak theit fast together. We also hold $wial evenls and sce food during Ihe J51ami¢ months ofmuharram aud Safgr i)n the 8ooual commemoniion of the martyrdom of ITnam HNs8¢ill. thc graodwn of PropheiMuhatrnnadlPBUHI. Thc mosq celebrate th¢ birth and wmm¢moTale lh¢ martyth of all Imams of Shi&15hna A5hari faith during they¢8t. We holdweekty g&thering in thc mosques f£tWth5hip, trJycrs andreciEation of swlicarions everyThutsday eveDiDg. C5vll mriges Th¢ fv1o5qU provide Musbm toupks with an sppropTiat¢ location forththrthvil marriage and Nthkah Ilslami¢ m•rria¥¢l. Qurab elL8se M¢morisalion 8ts1 Te¢itsli(>ll of tbe Qur8D aT¢ conside1 impo1 elements of r¢ligiou5 education and traiDill& We ¢ontthue TOVi(k rllity foryouD8p¢opl¢ iti thtIt1051lU Inter•fth tvtsts We encourage and leAd byexampl¢ the wmm¢moTaiionof natiojjal syttklK>lic occasions like R¢mcmbranec Sunday. We oft¢n IM)k1 publi¢ manifc5tation of OUT faith e.g. street wa]ks to ¢omm¢mordle tertain events $u¢h gs th¢ fortih day aller the m¢re Kathal2 IArba¢¢nl or G(Jd Friday pr(wsion4 al thus &T¢ a signific1 oppDrnJtiity btiild bridges ktw¢eTh th"fftrtnl faiths by communall¥the philosopby and winciples they are based upDtt. R¢ligiDUJ dues It i$ part of OUT faith that we should 01T Zakol Khums, and Sadaqat. They llre collwl¢d in ¢0Ta]r with thc teaclung of Jslam and distribuied foia nutnbetof specific PUTTK>se5 ilUdi8 w he]p attd (o fjJrthe¥ the teachin8s of Js] Page 2
Th¢ Al-Khoel Btnevtht Fondtion
rt of the Tntstct
frtr the Yt4r Ended31 Auwts.t 2025
ACHIEVEMENfs AND PERFOILMANCE
Commvnlty Attlvilit5
A]-S•dlq Ind AkZAhr School
Well established sehools pmryde primary tdwaiN)t) m a ]Xed setttng up to Year 2 aL sÈn8le sex edu¢aiion from Ye4r 3 to
Y¢aT I L. They are siluated in the distii¢t of BTondcsbwy in the Londi)n Borough of Brcnt and provide lI.t]me edu¢Aott for
up to4(X) pupils
The schoDl$ are founthd on Ihc Quran and the teachings of the Proph¢t Mohamtned aDd hi5 pgEDY. Through training llj the art or
building rotDrnunity relaiionsbips atsd iakiug eifeclive public aciioDS. the schth7Js bavc givert pupil4 the confidto¢¢ to
parti1¢ in public lifc fi>T thc g(xxl of rheircomnymiti¢
Th¢ ScknDI and Nursery aLw offers bursari and di[1 on fees for fgJJ)ilits who ¢ tx)i able th afford 10 pay the fiLII f¢es prwid¢d
th¢ child demoJJstraies very good academic hk4tory. Thc Sch)1 ftcs is setup in a way nol lo¢x¢lud¢ th¢ on lowtrincomc.
AbGJthrNllMtry
W¢ slyive sUPWrt and provid¢ children with the necessary sknlls lo h¢lp ¢nabl¢ them develop a 8e(NJ foundation in l¢arnins
¢XPrsing thcDJselvesthtough play. This in turn helps ¢hJldT¢n to wuir¢ Ind¢nd¢¢, confJd¢nc¢ and etTettiv¥cotn]nunicalion.
Halls Ind rooms
r halls and ruumx are llvai18bl¢io us¢by ILKal groups, orgortisations 8nd g)mmunitie&
PAson wvice
Thr Chlty is a m¢mbcr of th¢ prison Service chaplaincy council actyng as adwsory role for Shia Muslim pnsoners in IIM Pri80ns. It
also nominates Sessio] 2nd psrt Shia Chaplait io the prisoTh seTvi£e to supplement ¢h4>1aitt¢y &crvices already offtrcd
Muslim pnsollers.
Youth Activities
The Clarity offers facilities for yothh to gather wd involve in cduci(wl and Spo a¢tiviii&s and ¢0 (kvclop the youth to be ¥ove
and l&wabidin8 memb¢TS of Ihe cojnrnunily
Wothe
Women family progratnmc at mosquc5 offer advi¢e and ¢ounscllinB for £ollpl¢s and en7powerin8 women ifh society offerin8 them
educaliunal and spons facilities.
The Ch#Tity a]¥0 Tuns ats academic aTJn to d¢BI with re5urth ots the Shi# toii)rlluuity alld 4)ther reliwous ¢ommu]Jities rEi5CS
comccrns of religiow and cthnic mitt(rfiii&$ at diffeThl fon]m5.
Interfhh tvents
Th¢chlty is amemlxrof Failb Fo]u]n forLondon aTrl cmtribuits to 1COhe5] 8ZKI th¢needs oftsilh commwiities in Loth.
The ChaT]ty is a I][ ot th¢ R¢liwous Eth0n Council and is tnvolvd in th¢ dcvelopmeni of religiou5 eduration ¢urri¢ulwn
and tak&s part in a¢lilieS attd ¢tlebralions of other faithsand r¢¥ularly hotds etrjJJMty events and sharing of Illar.
Th¢ Charity is Ime of the founding mernb¢r and IK)8ts the offJ¢es of the M05qu rais¢ $&ndaTd5 in rttosqlles a]Ml the trning ofim8ms.
Ctnlre forA¢dtmfit SI Studl¢s
Th¢ acadcmic arm of MINAB (Cl5) und¢rt&ku r¢8caffh on Shia and other reli8iOUS tninority Affairs. produecg papers and lefm8
do¢UnlS.
FANC REvw
PrllldpAI ndIgs0urCx
On¢ of Ihe Chariiy's mwn soutces of irKom¢ is lh¢ ¢ollcclioL of d0tt41ions tsnd religiow4 (lucs frixTh generaj public. DutiO8 the year
the Chariry received iotal don&liub alld rcligtous due5 of£574,32712024.. £838.231}
Reasonable feL are char¥ed to 8tudcnts for the pKhiM)Is. During the yesr th¢ Charity geLerntrd total sclLooI income of £1.495.757
12024.. £1.481.3301.
The fNmdation also 0]Kte5 a fee paying nurgery. IXLrill8 ¢he year. Ihe Charity g¢n¢rJled total mSery fee in¢thiv of £150,774
12ts24.. £152.930}.
Invtstmtht polleymd obje¢tiv
The Churiiy¥ i&*h t&vtves aTe held in ¢utr¢ni and saityng bank aLwunts.. Any int¢r¢5t ¢8Jned is ath]ed to the 8etterLI fund rescrv¢ 4nd
Sed forth¢ g¢n¢ral Cknitsblepwposes.
Pag¢ 3
The Al-Khoei Be4Jevoknt F datlott thgyear Ende4131 AD t2025 FANeLL REvw Reseryts policy Unrt%thited fijnds r¢serve 15 maintsinedto cov¢r 8oV¢rn8Jc¢OS1S and 10 r¢spond 10 varioubappliclltiun of srnts8Dddonations. R¢5tiid¢d fiThi res¢ aLYheld to used withirttertain tstiictions ofthe r¢l¢v&th fund& ENlourynent fijnd resewve represents the iotsl cust uf certain prop¢rti¢5aft¢r lval deprttiation¢]wge. In senitig up the ChariTy poliry. th¢ uwt¢es have id¢niified Ibree unrestsicted fiJnd% detsiled in th¢ n(kl¢$. Tr rcstriclcd funds are th"stribwcd stneily in a¢cordanc¢ with Ihc religio restrictioThs ¢Jrother restyiciiow imty)d on the Ttltvant fid. They have a]5tr3cI up EnthwmEnt fund foT¢¢rtaiu properti¢s OWdbY the Clwity. The ¢blty policy on ¢strI¢ fi]n(ts is to hold unr¢sffided funds not committed or invested ill Tgngibl¢ FIX Assets to mttt 3 to 6 months exwdiDJres. The ¢llent iuJrestrict¢d P5 01£2J25.920Mt committed to tstw'ble fixed assets are5LGletto£4lV¢r 3 to 6 rnonths exFndtbfft. STRUCTiJRF, COVEIU¥Ai¥CL ANIJ MANAGkMETr Governlng document The Al.KhLKi B¢n¢vol¢nt FouThJaiion was ¢onstitukd as a c]lIable trust with th¢ ChAriiy Commi%ston 0th 23 AUS( 1989 UT the chariry nwnbvr 08020(Kl. It is govern¢d by a d¢ed dad 15 AugLLqt 1989. Re¢rni¢ment wnd Pltmtlltof newtrnsttt8 TrUStEa appoint¢d bYslU11 of th¢¢xisiityg TnJ&e¢s. OrgAni1>th 5trucluTt The ¢blty e¢S ar¢ rcsptsnsible for tht gtheraj co]Jtrol and manag•ent of the ch8rity.Th¢ ttustCC5 givc their fr¢cly and reteiveno ]EmUDerdtioD ori)theT financial benefjts. ThB trnst¢¢s rnerf together as a bthly and are responsJl)le for decisions tsk¢n in relation to the affairs of The AI4JM)ei FoutyJ#tion tlltbe Unitrd Kingdom. The knard is chaired by the Se£•(kn¢ral. WI 15 onc of the trStee. The thlets seek spIrttl gui(bn¢¢ and iJk4piralion itl Tcligious ]nJtters flM both the Central Commiiiee and Ptesidynl i re£watioJJ oftheir teligtuus sta. Th¢y Ttv¢ly q)dorse Teligious matters attd are JLOt thvolved in daily running orth¢ chlty. Th¢y donothave any influenceover the ttwlee The c.en] Commillee hon(xary co]nmitt¢e bas¢d in th¢ holy city of Najaf, Jroq. ThcprCSidt is an Hollor&ry title 8iV¢I) to AyAiollah of th¢ Shia faith who is &t50 bascd in Najaf. Irllq. InduttlDn aThd ¢r•lnthgof new trostees Following appoinvn¢nt, n¢w In¢¢& arc To thcir ttcw role ond given copies of th¢ trust d¢ed and 4 ¥uidc to Ibc policLes aJ)d pcedurtb adopted by OUT chxiity. A nwnb¢r of publicatiolls from the Chariry Commissiou HtE 3]so provid¢d Inc11ng the suidawe on charities a1 public bcncfil OL the ad¥thrtccmenl of the religinn fnr publi¢ knefit. Thits ertSUt¢S that ncw trustces are aware of IhE SCOPE of IheiT res5X)Dsibilili¢s under the Chariiies Act. Iniiially, new IrusleEs work with ¢xising tTUStees assisiillg oti pgnicular a¢tiwiics and proi#is njtt by th¢ Charity. After satisfa¢w f¢£d b8¢k ftom ¢xl7 IC¢S they a then given the task of leadillg a pgrti¢uiar a¢tivity or PTOj¢a. reponLDg prowss ai tsu8tees' meetiD¥s. REFERENCE AND ADMINISTRATIVE DETAU Registered Charity Dumber 8021)(X) Prlnclpal addru Chcvenin¥ Rvad NW6 6TN TTU$tees MrSSKho Mr S F H Milani Idettased 2.9.20241 MT S M Tl Faghih¢-Mou%gaTri Drm E Mcsbahi (aPPDU)l¢d 22.4.2025) Page 4
Tre Al.Khvei Bwevoklll FJundalioD Rert Qf th£TrlIe¢ Ended 31 Auowt?OJ2 REFERENCE AND ADMINISTRATIVE DETAILS Audito M¢rali's Chartered Acwulltants& Sratthry Auditor5 S¢uitish Prodent House 7640Coll¢gc Road Harr(bw Middlesex HAI IBQ STATEMENT OFTRUSTELS. RESPONSIBILMES Thc tDJSltes art rcsptrtsible for prepJring the R¢pyl ol. th¢ Truslth and th¢ financia] strale]nent5 in aCCordar£ with 3wlicable law United "ngdoM Ac¢ouniinbTr Standards IUnire¢J KiTJ¥dom Gen¢rnllyA¢ptrdAccoull1Iag Practtte). Charity law nquires the to prepllTe finnC stgt¢m¢nts for each financial year. Utsder thai liw, Ibe tmstees hllve ¢l¢ct¢d to PTepllr¢ the ljnancial stai¢m¢nts Ith a¢¢orthcr with unit Kingdom G¢n¢rnlly A¢¢tpted A¢¢ounling PlICe (United Kingdo Actuuntins S&DdaTds' and applicable lawl. u[er chyriry law thc $tee$ must Loi opprove the financial ststements unltss th¢y grt Satisfied that thcy give * and fair vicw Of t]K Slate of affa$ of th¢ charity and of the incomin¥ re¥ouTCeS and appliclltion 0[rTC<3. includiDg the IDCOMC aDd txpendiftwe, of charity foi thai peLiod. kn pryi those finala] 5twt¢mt th¢ Irvstees aTereqllid to seleersuitable aecountm8p)licies and then apply themtotssi#erbtly' observe the mdhod8 thnd principles in the Chanlie$ SORP. ]mke jud8em¢nts and esiimai&% thalgse Thsollable ptudcllt., slate whethcr applicable awiunting $l•)dards hav¢ btctt followed, subjett 10 any t[rial departUTe5 di5cl(kS ¢xp]ait)¢d in th¢ fanCial sw¢ments' prepar¢ lh¢ rmancl stswnents on the 80itig Cotttrn blS unless il 1$ inappropriat¢ ¢0 pr¢%um¢ that th¢ ¢h4rity will tOllti]we iti bu¥iness. The tsu5t¢¢5 ar¢ r¢spon5ible for keepll wper aecowtting records which di}St with T¢850nJbk g¢¢urncy ai Y time the fm&tt¢ial positiojj of tbc chtirity ad to enable It1 ITr ensur¢ that th¢ financial 5tatcmrThts comply with the C1wities Act 2011 and The Charity {A¢counls and Ren$) RegU]ln$ 2008. They are sAI re5ponsthl¢ for safcguarth.ng the asscts of the cjwity attd hentt for tdking r&ts)rAble Steps forth¢pt¢v¢ntion and¢J¢tt¢tion uf fraj and otheT irKgulaTitie5. 29.06.2026 Atprove41 ty orderof tkbotyrd Of bvstees on............................................. 8ndsign¢d on its t¢hglf by.. Drm E Mc5bahi- Tntee Pgg¢ 5
Reprtof the Indt
dent AudJtOTS to th¢Trus¢ees of
ThtAI-KhoeiB¢n¢vokDt FouThlalion
OplAIo
W¢ hav¢ udilcd thc financial skktnents of The Al.Khoei Benevolent Fowthiton (ihe 'chyJity) Cor th¢ yw ¢nd¢d 31 August 20
whicb comptis¢ th¢ SL9t¢meni of Finati¢ial Aclivili&% the BalBn¢¢ Shcet. tbc Cash Flow Stsi¢mcrtt and notes to the finaNial
Statements, illcluding a Sunrthry of si8nifi¢Ani ¢01]8 N¥li¢ies. The fi]wKiHI Iqy)Tting frgm¢work thar has been applied in their
tff¢P8TatioTh is applicable law tsnd United Kingthm Accounting Standirdl Iunitcd Kitigdom Generally Acc¢pt¢d A¢¢ountig
Pr/ctKe).
In OUTopinion the finattial statemts.
give a tnJ¢ fair vi¢w of the state of tht charityB affairs 31 Augu8t 21125 aTrJ of its i]Koming Jrsources and appbcation of
resources, h the yeaT th¢n¢nd¢d;
havc been propeTiy pJtpaThl in accordanc¢ with Untted Kithgdom GfflcTallyAcc
rtof the IDde ndentAudltors to thtTrurt of ThtAkKhotl Btntv•ltht Fvundtlo Our ypoIs1b]htIts for the audit of thell]wKlal staternents W¢ have bcen appoittied as authior8 under Se¢tion 144 of the Charititfj Ad 2011 and Twrt in with thc Act and ielev&nt regulation5 roadeor havin8 effell thereunder. Our objecliveg Iv d>iain reab]e &$suT3re abuul whether the r]IJa(la1 4alem¢nts &5 a wbol¢ fr¢t from tnaierial mi&statem¢nL wh¢ther du¢ lo fraud or COr, and io i8su¢ a Re[ ef the IndcpcJJd¢ttt Audilors thot irttludes our opinion. Role assutthce 15 a high l¢v¢l of a5sur4nc¢, but is a SUan¢¢e that a.[ conthjcied in ac¢oTdartt with ISAS IUKI 1[1 always detect mat¢Ji81 missiatemetst il Cxists. MStateMents can arife from fraud or error Jr¢ ¢onsidered maltrial if. indimdually or in the aw¢galc, thry ¢Id reasonably be expxtrd influence the e¢oth)miL decisiutts of users tsken on the bsis of th¢se ftDarKial siatemetsts. Tht extettt towhieh Ourprocedu are Capable of dete¢ting inegukniiTie4 ittIling isdct&ilcd brlow. We identsfy and a¥ses3 the risk8 of n{CriB1 [RStstern¢nt of thc Fin8wial Stat¢rn¢nts ththcr due to frwd or error, St then design aTrJ PErfi>rm au¢bt pr¢(1¢$ T¢sponsive 10 those yisks. in¢luditt8 obtsuhiog audit th'idence thai 1$ sufficient and appropriate io ]Trn)vide a bh5i$ forouropiDiOn. Identifyiug aid AJsesJSn8 POttnttAI rfsks rt]Attd to irrtgilar4tsE¥ In identifying llnd asse55iThg risk$ of m8ieri21 mi5Stat¢m¢nt of iTre8ulariTies, in¢ludiftg fraud attd nou4ompliance laws and BlI110ns, ourprrtdure5 included the following.. enquiring of managcmffll and In¢¢5 in¢ludiD8 obtaining and tevie%viiLB SuprtinB doEurneDlalion COJKertun8 the chBriW5 )licie5 and procaut¢s telating to.. idcn¢ifyin8, ¢valuaiirtg attd comptying with laws a[ lE8latiOnS and whether they were awaT¢ of any insta of - dthcctingot¥J resrrf)rtdiTr8 to the risks of fraud and whetherthey have knowlcdge of any actualb SWV¢t¢d or alleged ft#ud,. -the iniernal wn(Tols estsblished iomitigao risks related to fraud ortson0rnplI1llce with Isand E]tionS. . perforniing ¥nal1¢8) pr$ to idetitify UDusuBI or un• r¢tstioDthip5 th8r risks of material miSstyt¢Mtdll¢ ty) fi¥ud. - di5fU&sin¥ aInoIig the engagement team rerdIng IM>W and where fraud mi8bt occur ill the fmwial staiem¢Thts and any pontil iTKh"tIm5 of fraud, - obtsining an Underg of ihe legAI and resulatory framewo that th¢ charity op¢rat¢s fowsing on lIs¢ laws and regulaljon5 thal had a effect on the fi1)wl•l stal¢mrnts OT ihai had a fundaTnental effecl on the QPEtatjOU5 of the tharity. Th¢ key Iwsattd reguJatioDs we considered in ihi5 cont¢xt includedth¢ Chariti A¢t20119ndChaÈi¢i¢s SORP{FRS 1021. Audit rejponx ¢0 Tlsky Idtnlillel As a rtsllit of performittg tht abov¢ we identified That]&g¢m¢nt oYurid¢ or¢trol$, revenue recogniti() inclu(bng and Classificarion of donation income, ¢ompleiette&s and cut-off of school aThl nursery Irffine and the o¢cwr¢nc¢ and ¢18ssification of doJJatiOD Ptyh¢Dt5 85 kcyaudit matl¢T8. procedures re8]d torigk8 ideniificd i]udEd th£ followin¥'. - addtesng the ri¥k •f frdud Ihrtrugh man8gcmcnt oveIde of Tr)ntro15. tcsting oppropriatrrKs8 of Journal cnfftcs and oth¢r adjusirll¢nls: assessing wh¢th¢r th¢ judg¢m¢nts made io makillB a¢countllJg eallJJates are indicative of a porentiai bias,. and evRluatiTr8 the chaTity'3 rdlioThalc of gThy silfiCant trBnsartions Ihatarc unusua] or ouisJd¢ th¢ nonnalcourse of businus. - Sub5thntivc tC8ting on thmation incornc, sthooland nursery income. - Sthtantive testing on donation payments 10 ensure sh payrnenls aTe ryorKrly authoris¢d p3id in ordanC¢ with the puy collditions of graDts Ino rnisapplicution of r¢styicd fith}, payments ate within the obj¥¢¢]v Eknity acrurnte 01180 ¢fO8s futjds. A fi]rther dBscriplion of our responsibiliti¢5 for th¢ audit of thc financial stat¢m¢nts is localed on th¢ FirtaEKiai ReWrti[ Cou£11.3 wd)sil¢ at www.frc.(¥g.ukIaudikntsSPoDsub1llties. This desaiplion fi)rnL8 partof ourR¢wrtof th¢ Independent Auditors.
R¢ rtof the Ind deDt Auditors to tkn Truttts of Th¢AKhOt1 Benevolent FouDdatloD V&tofowT rwrt This rt is mad¢ sgl¢ly ttTr th¢ chaT]S In%tees, 3 ty. in actordanee with Part 4 of the ChatitieÉ (A¢counts and Rtports) Rtgulaii ng 2(X)8. Out audii work has b¢¢u uud¢rt3k¢n so that w¢ migllt stsl¢ 10 th¢ charity's tyystees th m•ireTS we a TequiTed to stste to ¢m in an audiioTS' report and for no otheT PW)ose. To the fiJllesE extent permitted by law. we do not Hccept OT me rc$]MXtsi liry to anyon¢ oth¢r than the charity and th¢ chariiy's ¢rn$lees *$ & i¥Jdy. for OUT audit work. for this [¢rt, or fi)T the opinions bave formed. erali's Chattrr¥J Swthsh Provi 7&80 Coll¢g¢ tatutoryAudii MMld]¢5¢X HAI IBQ 29.06.2026 Poge 8
Tlje Al-Khod Bentvdtknt FothdatiD Statement of FInaKI AttlTrllles for the Yt4r Ended31 AU.$t 2025 2025 Tot fund$ 2024 Total fynds UDrestrtcted funds Rultlcted ruMd8 Endowmeot fuTMI Notes INCOME AND EfiDOWMENfS FROM Donation¥ andl¢8aci&% 489.914 84,413 574,327 838231 Charlt•blt tliwilifs SchwisoperJiions NuT5ery ]Qn5 1,495,757 150.774 1.495.757 150,774 1.481,330 152.390 JDvcsbncnt income (trI]K0jne 42535 3.154 42,535 3,154 13,641 2.189 Tof•l 2.182.134 84,413 2266,547 1487,781 EXPENDJTilliE ON Cth8ril4bJeaeti%ltles Schools operations Gr1¢$ ardDonatitins Support costs Nwsery OpeAtions 1.654.52(> 353,725 344.607 131.792 1.654.520 406,125 401.649 131.792 l.(A6,572 780.5(M) 366.924 127.070 51400 11,748 45294 Totsl 2,484.644 64.148 45,294 2J94,086 2,921,066 NET INCOMFJ(EXPENDITLlliE) 1302.510) 1125,4(XII 2Q.26S (45,2941 125.4 1327.5391 (433285} Trnsfery betweeJJ luDds 15 Net in fund {427.910) 20265 80.106 1327J39) (4332851 RECONCILIATION OFFUNDS To1 funds brough¢ foThv&rd 3,IX)8,387 41.192 6J77,368 9,426.947 9.860232 TOTAL FUNDS CARRIED FORWARD 2.580.477 61.457 6.457,474 9,(9,4{18 9,426,947 The notes fornj pof thcse fin8n¢iai 5tts P•gc 9
Bolanct Sheet 31Au st 2f12S 2025 Totsl funds 2024 TotsI funds Ullrestrl¢ted REStrkttd lunds E]MiowThent fund Tangibl¢45sers 12 54.556 6,457,474 6.512,030 6,440,377 CURRENT ASSF.TS tkbiors C¥h ai and in hgnd 13 159.496 2.758,318 159.496 2,765,306 163,053 3,307,552 6,988 2.917.814 6.988 2,924.802 3,470.fJ)S CREDvfoRS Am¢& ftsllingdue wIth011B year 14 1391.8941 54.470 (337.4241 1484.035) NET CURREwfAssrrs 2,525,920 61,458 2.587J78 2.986.570 TOTAL Av6 LESS CURREPU LIABILITIES 2.580.476 61.458 6.457,474 9,099,408 9,426.947 N¥T $TS 1580,476 61.458 6,457.474 9,IJ99.408 9A26,947 2.580,476 61,458 6,457.474 3,008,387 41.192 6.377.368 Re5tiicted fun& EJJdowtMit fvttd5 TOTAL FUNDS 9,099.408 9,426,947 29.06.2026 The 6]Wll tstslvments wth¢ 8rprovtd by the BoaTd of Tlte& aNI authtiTiStd for Issu¢ on ............................................. Si1 on itsb¢bllif by.. Drm E MesbahI-Tr1Ct The n(Aes forni part of these fthitial statements Page 10
TheAI-Khoei Benevoknt F•undation Cash Flow St8temen¢ r the Y¢gr ETrded 31 AUgt 2025 2025 2024 Noles Ci$h Ilows from operatini adivilies C?shg¢n¢rdt¢d frorn op¢]*ioDs (449.3031 (259.074} Nei cash used in opeNin8 aciLiiiies (449.303) {259,0741 Cjsh inv¢s¢iDg artiYiti1s F)Jrchase of tattBible fixeda$S Intcrtst re£¢ived (135.478) 42,535 (416,609) 13,fAI Nd wh Sed in invesiing athiviiies 192.943) 1422,9681 Chahgt in t#$h #hd tL8h tquivllettts ilt the r¢portingperiod Cllsh and ¢a5h equivaleDts gtthe ol therertig period (5422461 {682,042) 3 J07.552 3.989.594 Cash And tash tqulvaltnts at the end of ttLt rtportlng perlod 2,765J06 3.307,552 Th¢ not¢s fonn pHrtof fin8llGwJ 5tat¢m
The AbKhoei Bentvolevjt Foundation Noteg lo the Cash FJoTv StAttme•t for the Year Ended 31 Au sl 2025 RECONCILIATION OF1¥4ff EXPENDITURE TO NETCASH FLOW FROM OPERATIliG ACTIVITIES 2025 2024 Net e¥peDdll4re for the reportlng perfod PeT the St•temeDt of FlnxAKIAI Aclivitle51 AdJu$tmtnts for.. Dtpr¢ciaiion ¢bw$ Intest r¢c¢iv¢d tkcrELse indebiors IDeueas¢yittcrease iti credito (327.5391 1433,285} 63,825 {42.5351 3,557 60.912 (13.1? 24.699 102241 N¢¢ ¢sh used in oper•tion5 1449J031 (259,074} ANALYSIS OF CHANG&S IN NET WUNDS At V9ll4 C8h now Ai3118rLs Net cath Cash at bank and ID Jjand 3.307,552 15422461 2.765,306 3J07,552 1542,2461 2.765,306 Total 3,307,552 {542,2461 2.765.306 The notes form pth of these finaticial staimm Pig¢ 12
The Al-Khoel Foundathn Notuto the FiDh£1 StAtem¢nts for tht Ytsr Ended 3A Augpst 2•25 ACCOUPMNG POIACIES Basls of prtparfn¥ tht fitIal stateme•ts lkn financial 5¢trments of th¢ dlty, w&i¢h is a public betrfii entity under FRS 102, knve bc£n PTep3red in a¢¢ordaJK¢ WLth the Chtil¢S SORP IFRS 1021 A¢couniing gnd R¢FOrfin¥ by Chariiies.. Stat£mertt of Recomm¢ndaJ Prnthi¢e applirable to ¢htitilies pnparing the in a¢cordanr¢ with the Financial Witig Stathdard appIlble in the UK and Rcpubli of Ireland IFRS IL121 (effective l Jimuary 2019)., bin8D¢ial Reporting Standard 102 Tr Finthncial R¢t)ning Si¥ndwd appli&ible in the UK and R¢public of Irelrt and th¢ ChHtitie6 Ad 2Ql l. The ftial Stslem¢nts have been pr¢rMed uNl¢r IhE hisiorieal ¢41SE conveiLtLOtL Income All incorne is retogMKd in th¢ Staiemeni of Fina1 Activities onLX the cknTity entiilement to the fillLds, it is probobl¢ th&ithe income willb¢ [e1Ve1 and the arnOW caD bc tllAsurtd r¢li8bly. Expendllure Li&bilitie5 atc retthgnd Bs exra1tie as 800n gs the is a kgal or ¢SInlive oblil0 committiDg the ¢lwity b that expertditure. 11 is probgbl¢ Ihai a Irdnsf¢r of¢conoJ]llc bEnefits will b¢ r¢quir¢d in scmlunenl and the amtsuDI of Ib¢ obligatii)n n be Mellr¢ liab]Y. Expenditure is aCCLMJrtied for on 8n accruals basis has b¢¢n cl&%¥ified und¢T hc&lkng5 Ihal gggr¢8alc all cost related to the caleBory. Where sts cannol be diTt¢lly AttnTrutcd to p3tti¢u]aT heBdi]S tly hav¢ been all(KatryJ to a¢tiVili¢5 ona bAsi8cthsiyteni with the use of tesour¢&%. GrHnt5 offerd Subj1 w conditions whi¢h have noi b¢¢n m¢t dt the year end tht¢ are noted as a cornitrnenl vK¢nKd expEndilll Cknrltabk 4¢d Charitable attiVLiies cost compn8 all the TatIng expcnsa¥ fw 118 charitabk adi¥iliEs like 8th1, Nutsery. DFJD and ¥e]Jt]21 dIsburs¢nnts of artd <tiO. Grnnts and (kntiOnS repres¢nt donotion pAid Lxll in accordante with th¢ •?S obieclives. DFID is a T¢5¢ pwuje£i which Al-KhoEi ts eThbra¥eJ in by I1¢U1¢ of D¢v¢lopm¢ni Stimbes To gathcr infontt10th and CBtry (Ritre5raTrhivwk on shia rntt%limminorities ID vBnous ¢ouDttie5 aToundth¢ world. sch?1 and nw5ery cosLArtpr¢s¢nt the total th'rc£l tosts for r]8#] maillraining the K]K)018aThd llUT%ry. AlIDliott Md pportlonment of co&lJ Suppon cosi include admitllstraiiv¢ ¢05t relates 10 Ibe f¢und8tion and have been allculcd to actiwity cosi otrgoiies om a basiseonsistenl wilh the useof r¢50UFV5. IDt#knglble issetl Infanble 8T¢StJi¢d # itiitiA] cost I¢ss anyperMem Invirn)¢Tr. TaNglMefix¢l tt8stts Tanwble fixed a85¢ts ar¢ stated atcoA kss accumulated deyeciattoth. D¢preciation 1$ pmsded at the foMowin8 atinutl nie$in OTd¢r to writre off eath assu ovcr its EStittI u8¢ful lif¢. Fteeholdproperties th Lond FThxholdprtsperties iti SwaD5¢a Freehold Propety in mh¢thr Scbwl Eqviprnent FiXw5 aud filliw Office equJpmeLt CON of buildink Dver )8r9 Costof building ov#25 ytsr5 Costof building OV 15 years 2(P/oon 15Y•on wst Fund Unr¢stri£lL¥I itKome thds those whi¢h the tsusttt8 fret kn use for any PUTPOS¢ in furtkneraJKe of th¢ ch3Jit4bkobjI¥(s. RlIKd fijtsjs are furM]s art to bc us¢d in accotdatKe with Sp1C rcstrictiolls iMFd by the donots. R<siTiCtionB ise when swifiedby the thnor or wh¢n fuTh15 aTe rai for particular rtstsicts puys. Endowmenr fund T¢pr¢senlS the rnics hcld by the chlrity and d¢w¢¢iatÉon relating to the property e ¢harg¢41 ago]] the filnd. Pagc 13 £olltinued...
1kn4LKhoet Brnevoltnt Fowndatso Notey ID IheFinaRiial StateJDents- conlinued thÈYè*r Etsded 31 A.1t ACCOUNTING POLICIFS-eontlnutd Forel8n trreNtle5 Ats aryl liabilities in forei currencies are translAted into sterlin8 At the rates of exchange NIiDg at the balae sheet dak. TJxn5aclion5 in foreign currencies arE Iran51ated inlu sterling at the raTe of exchangE ruling ai the dai¢ of transaciion. EXChdifferenceS e laken into accoullt in gniving ot the operatsDgrt8 (knrnrnMLt Grants aTe accounlEd undET the aLLTuals rn(Klel PErMi1 by FRS 102. G18 of revenue rjatfft art rtognised in the ofFinsth¢ial Activities in the same pcriod as the telated exraibJrv. Any aCfflL elejmts of grAnts 18 in¢luded in debtrffs as accThJed irn2. Trnstees believe thai the charitys financia] atatements should bt prepaxed OJJ a going concern knis ell the th CUTr¢nl and future sowces of fiuJdin8 or wll b¢ moT¢ Ehan adeq¥aie for the cb3Tity'S Thtstees have cotisidered the (yerational and fmtsncial fll¢to fot & period oftw¢lveTnonths froTn the dattof woval thf the fitwCi statements. For th¢abO rcwn. th¢t$¢S conlinuc to adopt ihc going ¢Olle¢rn basis inprcpaTing thcw fina7&1 5tat¢tKnts. DONATIONS AND LEGACIKS 2025 2024 Dtsnatiot atsl Religio dues Gifta 553555 20.772 819.0 19.132 574J27 838231 INVESI'MENT If4COME 2025 2024 Dewjsit account interest 42,535 13.641 INCOME FROM CHARITABLE ACTIVTfiES 2025 2024 Attlvlty S¢hwl & Nursery FeeJTJcome Sch4)ols op¢rations SchoDI IAhcT IK¢om S¢hou15 oprrdlii Sc1Kl & Nursery FeeJncLxne Nursery Operations lJ82,417 113,340 150,774 1.376.860 IIH,470 152.3 1,646.531 ,633,720 CHAIUTABLE ACTIVITIES COSTS GrAbt fundlng of cltvitKey {#eÈ Dote Sllppurt Co&ts 011 7) Tot4ls Sch(M)Is o[eratio dnd Donations Support costs Nurseryoperatious 1,654,520 1.654.520 406,125 401,649 131.792 41b.125 80,653 131,792 320,996 1.866.965 406.125 320.996 2.594,086 Pagc 14 ntitLueJ...
Th¢ Al-Ithoei BentvoleRt FoundatloD ottt to tht for ¢h¢ Year Lnded 31 Auxu4t 2U25 GRANTS PAYABLE 21V2S 2024 GMJIS It Donations 4(kS.125 781J,500 Thetoial grsnts pid to iD8btirtion5 duringthcycarwcr¢ £326,5&J (2024- £680,467) SUPPORT COSTS M•DagtJThtDt FIDArKe Othtr Tot*l$ Support costs 263,440 {1.9711 59,528 320.996 costs included io the abov¢ follow5.. m•¥cent 1025 2024 Support Toial Wag¢5 & salaTi¢S- Foundarion Rates and walet Light and heat Tdephone Postage and Statiottery TrdvellllLg Sundries 119,541) 1251 1021)8 3.177 62 4,152 714 9.830 2823 3258 293 E j! AOulancY aThJ ll71 fees Publication cxpcn8CS Repa5 & Maintenanc¢ sb$ClIp¢10tr& SubsitrICe Adv¢rti5YJ% Book ktrepitig fees Lfgal & profe85ionai fees Cleaning 15.600 4,972 13, 3,410 790 4.013 396 6.256 21.(K)O 29218 ,525 3,725 21.(XX) 40.522 2,661 263,440 217,187 FillaDce 202S Support 11124 Totsl 1,147 Forni exehange los{gains) 10,033 11.972) 11,477 Other 2024 Total elivitte SUprt DepT¢cthuon of¢anwblr a&set5 59,528 54,180 Pagt 15 totititkutd...
The Al-Kknoeh BltF•un4atlo Notts to theFlnn¢ll Ststtmt*ts- eondnlltd foT the Ye4r Lnded 31 A t 2•25 TRUSTEES, REMUNERATION AND BENEFITS Thtre wert no Ited Ternuneration or¢)thtr benefits forihe yeHr¢ndLYl 31 Augll%t 2025 norfor the year31 August2024. There were no trustees. ayensespaid forthe yw¢ndd 31 August 2025 norforthcyw cndcd 31 AUgt 2024. rAFF COSTS The total wages sa]tiries for theWaS ts follo 31108125 31108124 FouTthIi Mosqu¢ SchDoI Nw¢ry 1(8.186 42.731 1245 J91 121.633 79.038 40.502 1264.(161 113.531 lJ18,941 ,497.132 The avernge mmiber ofernph)yee8 (kni]J%the year W&8 88 follo 31108r25 31108114 Found&¢ion Mo4ue Sehool Nws¢ry 63 io io 83 85 There wt¥e 8 tveragemEnberof volunteeT5 during thc year. No employeff. received ¢molum¢nts in ¢xtt5s of £60,tX)O. io. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted funds fund ]NCOME AND ENDOWMENTS FROM lknJaiioJJs attd lega¢i¢s 715.655 122.576 838231 ChArltsbk Atthqtles Schw15 opvralions NurseryOpernhi)ns 1,481 J30 152.3 ,48l.330 151390 13.641 2.189 13.641 2,189 (therincome T•t 2.365205 122.576 2,487.781 EXPENDITURE ON CharitabIe attivlties sch15 vperdtions Cjfdnts ottd IX)nation Supporl c05$ Nut5¢ry OptratioTh 1,646,572 676,145 319,915 L27.07 1,646.572 780,500 366.924 127,07U 104.355 6,952 40.057 Total 2.769,702 111,307 40.057 2,921,066 NET INCOMF4WENDI"TURKI (404.4971 1263.713) 11,269 1101,723) 140.0571 366,436 1433.2851 Tran$krs bweeN fuknds Page 16 cotitinuthl...
TILeAI-Khoel Brnevoltt FoundAlk)n Notes to theFkna]Klal stalemeDts-Cth1A (tirtbe Ytlr Ended 31 Au 2025 i•. COMPARATIVES FOR THE STATEMENT OF FINANCIALACTIVITIES •CVlltilly¢d Ullrt51rltted Restrlcted funds funds To fDnds fund N¢t movtm¢rÉt ID fuDd$ I(8.2]0} 191.454) 326.379 1433,2851 Bicof4CIL]ATJON OF FUNDS Totsl brought rOThrd 3,676,597 132.646 6,050.989 9,860232 TOTAL FifNDSCARRIED FORWAIID 3,8,387 41,192 6J77J68 9,426.947 INTANGIBLE FIXED ASSETS Trademarks cosr Al I S¢pt¢mb¢r 2024 and 31 August 2025 3.450 AMORTISATION AL I Sepiember2024 Artsl 31 Augus12025 3.450 NET BOOK VALUE At 31 August2025 Ai 31 August 2024 li TANGIBLE FIXED A&8ETS Fixtures ttd Nin Freebold propertifS SthoDI Equipments ¢quipmoDI Tol¥ls COST Ai I Sepiember2024 Additio$ 7,243,5 125,400 284,122 314.530 573,158 9,174 8.415.715 135,478 At 31 Aug1 2025 7.369.305 284.122 315,434 582,332 8.551.193 DEPRECIATION Al I Sepiember2O24 Charge for year 866,537 45.294 284,122 298.168 4.297 526.511 14.234 1975,338 63.825 At 31 Au1 2025 284,122 302,465 540,745 1039,163 r B(K)K VALUE At 31 Augus¢ 2025 6,457,474 12.969 41,587 0.512.030 Ai 31 AUgt 2024 6.377J68 16,362 46.647 6,440,377 kn¢lLded above ith lotai wl IxK)k th i¥ of1grKI 4rnDW)ting w £5.457,496 (2024.. £5,457,496). Page 17 cotitinued...
e Al-Khod Bentvoltnt Foundadon forthp Y¢ar EDdtd 31 Auwt 2025 13. DEBTOIIS: AMOill%TS FALLif*G DUE THIN ONE YEAR 2¢ 2024 Trade debkn)rs Otherdebknrs Inter-fijnds tfnytrdry baJaDces Pry&ymeDts 54J09 84,139 {54,4701 75.518 43,305 60.559 32.557 26,632 159.496 163,053 14. CREDITORS: AMouKfs FALLING DUE WITHIli ONE YEAR 2025 2024 Trnd¢¢Tltors Sorial TitY ¥nd oth¢Trax¢5 77.859 24,218 32,542 3.894 137.(k681 117,4021 233.IU4 20277 53,256 17.259 VAT OthErcreditotS Jnier fiwdALKW Intcrfvnd DtrID Deferred income Actrued expcnsEs 7.809 (4.5411 37,1198 352.417 20,737 337.424 484,035 MOVEMENT IN FUNDS Net ovemeit Transfers behytt funds At J19124 At3118125 UDrestrlctrd funds CT£neral Fund Khums Sehem Imam Khums Seh¢m S 2.613,128 290,787 104.472 (323,lJ38) 18.857 1,670 {125,4(M)) 2.1(A,690 309.&14 106.142 3.W8.387 1302,5111 I125,) 2,580,476 Rtttrbcted funds Al.Kawiliar.D4)hans & Widows DFID FWMI 23,790 17.402 20,329 1631 44,119 17.3J9 41,192 20,266 61,458 nd•wmeJLt fund 6.377.368 1452941 125.400 6,457,474 9.426.947 {327,5391 9.099,408 P•g¢ 18 continued...
TheA]-KIe Benevolenl Foundati• L4otes to tILeFlnn¢Aal Stat forftLe ye 31 A MOVEMENf IN FUNDS- c•nllnued Nei movemtnt in fu1$. includ¢d in & thVtare as followB.' IncoThkng Movemtmt in fund5 ¢ip¢nd¢d UDr¢$trlcled fumd$ Gelleral Fd Khums sche Itna Khums S¢hem Sadaat 1,935,993 194.471 51,670 12259.031) lJ75.6141 150,0(N)} {323,038} J8,857 1,670 2,182,134 12,484,645) 1302,5111 Rt$triEt£dfunds Al.KawtharlOrphaJLS & Wi(bw5 DFID Fund 84,413 164.0841 {63) 20,329 (631 84,413 164,1471 20366 Emdowmellt fund$ Ed0ent F¥1 (452941 145,2941 TOTAL FUP4DS 2,266,547 (2,594,086} 1327,5391 Comparativts fw mov¢m¢Dt ID (unds Net movernent Tr#nrfers betwe¢n At iThll3 At 3118Q4 Unresrttttédfunds Genettl FWME Khums Seh¢m Imam Khutns Sehem Sadaat 3,374,573 302.024 (395,IKV)) (11237} 1,749 366,436} 2,613,128 290,787 l(M.472 102,723 3,676,597 {404.497) {263.713) 3.008.3¥7 Rwtricttd fund5 S¢h¢mSadaat-cIosed AI.KaWthaTA)h & Wi(bw8 DFID Fd 102,72> 12.521 17.402 {102.723 11,269 23,790 17,402 132,646 11269 {102,7231 41.IY2 EndgwJD¢Nt f4nds Ethdowmcrtt Fund 6.050.989 140.057) 366,436 6,377J68 TOTAL PiiM)S 9,8tAI232 {4332851 9.426.947 P48e 19 contiThucd...
The AKhOe1 Benevoknt Follnd8tlon for the YeAr bmdtd 31 Au 2025 MOITMET4T IN FUNDS-eonlinutd Cmptiv¢ nct movcrncnt in fund5, includcd in thc abovc areas follows.. InmIng resowets Rewur¢ txpettdtd MovemeDt rullds Uknre&tricteJ funils General Fund KhUn Sehem Itjw KhuKJs Sehern Sadaat 2.169,592 193,8tA ,749 12564,601 } (205.101 } {395.(W) 1,749 2.365,205 (2,769,702) 1404.4971 R¢Jtri¢ted fund8 Al.KawtharlOryhJDS & Widows 122.576 J 1269 ErtdowJ]cnt Fund 140,0571 {40.057) TOTAL FUNDS 2,487,781 Q.92J,066) (433285) A¢urfynl year 12 montbs and priorye4r 12 months combined pItIon is as follow$.' Net oYemeDt [Thd5 Transftrs between runds At 119123 Al3118125 Uknre5tri£td funds Genwal Futtd 3,374.573 302,024 718,(M71 7.620 3,419 1491,8361 2,164.65Y) 3th).644 106,142 Sehettt Sad8& 102,723 3,676,597 1707.008) 2.580,476 trw fyDd¥ SeheTn Sadallt-closcd AkK#Mrthar.tlrphatt$ & Widows DFIDFund 102,723 12,521 17.402 1102,7231 31,598 163) 44,119 17.339 132.646 31,535 (102,723} 61,458 Endowmenl funds EndthwTnI Fund 6.050.989 185,351) 491.836 6,457,474 TOTAL FUNDS 9.860232 (760,8241 9.099,408 P&8e 20 CODtiThued...
The Alakot1 BenevokllFovnd¥lioD Notu to th¢ - 1LSt¢rnQuty.fo1tined 15. MOVEMENf IN FiINDS- toiitinued A Crr¢ntar 12 months ndpriOr year 12 1)nthS tombind nct m¢)v¢mcnt in funds, Allclud¢d UJ theaboveare as follows.. Intoming R¢wuTce> eeTjded Movemtnt Uthrt$trid Genernl Fwmi Khums Seh¢m Imam KhuznB Sehern Sad&at 4.105.585 388J35 53.419 14.823,632) 1380,715} (50.0001 1718,0471 7,62 3,419 4.547.339 (5,254,347) I707.8) ReknlCt Al.KMhaTIOrplw & Wi(knws DfJD Fund 21J6.9R9 {175.3911 {63) 31,59 1631 206,989 1175,454) 31,535 EdtwmtntfuDds Endowment Fund 185 J511 {85.351) TOTAL FufiDS 4,754.328 (5.515,1521 1760,8241 The endowrtteTht fulld JEpresents nelbwk va]ue of ¢tain freehold wpefiits. The Unrestricred lunds are the r¢e¢ipis •nd ¢xpenditLwe of the charity for its obCt[w¢S wittwut wific restriction on its . It is representedbyth¢ chantics n¢tcurTcni its othcr ian8iblc assets. The R&%tr¢t¢d fimds spe¢ifK funds for spetific pp5. The baiaKe is teprescnt¢d by ri r¢ky1 rurreni a*8$ and its other tangibl¢ assets.. EMPLOYEE BENEFIT OBLIGATIONS The ch1¢Y I)41e$ a defind CLmtnThution pension scheme. The chariry contrited ID pe4k8ion £19,053 {2Q24.. £203161 during Ihty¢ar. 17. RELATED PARTY DISCLOSitRFS There W¢T¢ no r¢lated p¥rty t¥a¢hOn5 for the year ended 31 Au8USt 2025. P8g¢ 21
The AbKhori Benevolent Found•iioD Detalled St•t¢went ofFknndil A¢tlvltles for Iht YtAr EndÈd 31 2025 2025 2024 INCOME AND ENDOWMF.NTS D•n#tioni x#d k%{¢ tA)nati0tt8 and Reliyous dues Gift aid 553,555 20,772 SI9,(9 574,327 838,231 Investmejjt ID¢on Dwitac¢ountinteresi 42.535 13.641 Charitablc ttlths $thl & Nw¥ery Feejncomc Sthool Othcr IrK4)me 1333,191 Il3J40 1.529,250 104.470 1.641531 1.633,720 Other In¢ome Oth¢r income 3,154 2,189 2.266,Y7 2,487,781 EXPENDITURE Ch&rLlible 4tll%itl¢s Mi%e h{m}I expenses Priniingpusiage & allo[lY Lightayvj heal Transport aTh4 travel T¢leph(XLC Raies RePaS & MaitLtcrwK¢ Legal & Profes5ion81 Wages & salaTies- School Barjk chatges and ini¢r¢st Depretiation c]Ing 29,351 18,672 62,383 3,577 6.952 64.659 19224 9,574 1.245,391 1.569 4.297 7.469 34.761 43.910 10.159 121.633 14.556 .928 48,562 15.502 43,644 192 326.5(A) 79,565 56,907 30,968 69231 2,130 8.900 26,849 18.512 1264,061 1,279 6,731 6,554 30288 36.059 13,539 Staff'fr8ining MI nursery BxpcTrses Wagts & Salaric5. Nwgery Subscriptio chiM>I mcxl- cxpcnses sahdaY schoolexpen5e Swinsea Mosqu¢ exkKJkges Sernton food Se¢uriry extnses khool DonatiurL% 10 inuiiution5 Donation payments 18.468 51.147 47,798 11,740 42.940 680,467 1th).033 2273,¢YJO 2,638,222 SpPOrttO¥ts M&n•gtmellt Wag¢s & 5aiaties- FoundatioFL Cbrried fon¥8Td 151.917 151.917 119.540 119,540 This p4ge doe5 Mt fomipart of th¢ slatutory financial st&t[ Pa8e 22
Tht A]-Kha¢i BMeYoknt Foulldatl• p&eL(F9lltll Arti forlFLe Y¢ir F.hd¢d 31 All(225 2025 MaDggement Breught forward Ra% IT waler Light 8nd hcai Telepknn¢ Postage and stsiionery Trav¢lling Sundries Ac¢ouDtsJKy aTKi audit f<es Publication expenses Repair¥ & MBint¢ll2nc¢ Subs¢nption¥ Subsisl¢n¢¢ Advutising Book kc¢ping ftes Le8al & prof¢ssionai f¢es 151,917 A 19.54 1,2SI 10,208 3.177 62 4.152 714 13.(NJO 3,410 790 4,013 396 6,256 21,IXK 29.218 9.830 2.823 5258 293 15,6QO 4,972 17 1.525 3,725 40,522 2,(1 263,440 217.187 BaDk charges ore1) exthaDge lOSM%) 1.147 (3.119) 10,033 11.972} 11,477 Othtr Freehold properry Fixiuresgnd fittiogs 45294 14,234 40,057 14,123 59,528 54.180 To&1 r¢50urtesexpended 2394,086 2.921,066 Net vp¢Ddlture {327.5391 1433285) Thi8 page doestl form part of the stattJW fjtwicial statcm¢nt$ Pogc 23