Aydya Charitable Trust
Financial ststements for the year ended 30 June 2024
Charity number SC028845

Aydya Charitable Trust
Contents
Page
Organisation and administration
Trustees, report
Statement of the Trustees, responsibilities
Report of the independent examiner
Statement of financial activities
Balance sheet
Notes to the financial statements
8-10

Aydya Charitable Trust
Organisation and administration
Trustees
Office
Gateway West, Luna Place
Dundee Technology Park
Dundee, DD2 1XF
Independent examiner
Henderson Loggie LLP
The Vision Building
20 Greenmarket
Dundee
DD14QB
Bankers
The Royal Bank of Scotland plc
3 High Street
Dundee
DD19LY

Aydya Charitable Trust
Trustees, report
The Trustees have pleasure in submitting their Annual Report and financial statements for the year
ended 30 June 2024.
This report is prepared in accordance with the Constitution of the Charity, the Charities and Trustee
Investment (Scotland) Act 2005, the Charities Accounts (Scotland) Regulations 2006 (as amended)
and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to
charities preparing their financial statements in accordance with the Financial Reporting standard
applicable in the UK and Republic of Ireland (FRS 102).
Constitution
The Trust was fomed by a Deed of Trust dated 11 March 1999.
The Trust's goveming document is its Deed of Trust. Copies of the Deed of Trust are available on
request.
Legal and administrative infomiation
The Trust changed its name on 5 May 2023 from The Medea Charitable Trust to Aydya Charitable
Trust.
Objectives and activities
The objectives of the Trust are to hold and apply the Trust Fund for the benefit of or in furtherance of
such purposes, objects or institutions charitable in law in such proportions or manner as the Trustees
see fit.
Trustees
The Trustees at the date of this report and throughout the period are shown on page 1 .
his power may be exercised to appoint
Power to appoint new Trustees is vested wit
Trustees who are not resident in the United Kingdom.
Charitable ststus
The Trust obtained charitable status on 17 March 1999 from Inland Revenue in Scotland. Scottish
Charity Number SC028845.
Organisational structure
The administration of the Trust is the responsibility of the Trustees.
Grant making policy
The Trust receives applications from both individuals and institutions, in the United Kingdom and
abroad. The charitable causes are reviewed by the Trustees, and awards made based upon those
applications which the Trustees consider best meet the objectives of the Trust.

Aydya Charitable Trust
Trustees, report (contlnued)
Achievements and performance
The Aydya Charitable Trust has, in the past year, made considerable progress in advancing its
charitable purposes, consistent with the trustees, commitment to supporting good causes, furthering
Islamic knowledge, and aiding underprivileged Muslim families. The Trust has successfully allocated
funds towards a range of initiatives, including educational programs aimed at spreading Islamic
knowledge, direct financial support to families in need, and collaborations with other organizations to
maximize our impact. Our efforts have resulted in significant advancements in educational attainment
among beneficiaries, Improved living conditions for several families, and an increased awareness of
the importance of charity and community support within the Islamic faith. The financial stewardship
exercised by the Trust ensures that the maximum possible resources are directed towards our
charitable activities, reflecting our commitment to transparency, accountability, and the effective use of
donations. The positive outcomes achieved this year underscore our dedication to making a
meaningful difference in the lives of those we serve and the broader community.
Financial review
The results for the year are set out in the statement of financial activities on page 6.
Income and expenditure is monitored in total and is compared with the approved plan on a regular
basis to avoid unforeseen calls on reserves.
Reserves policy
The reserves of the Trust originate from onginal and subsequent revenue donations. The Trustees
have adopted a reserves policy that ensures the continuing ability of the Trust to meet its objectives.
The level of free reserves held at 30 June 2024 was £108,161 (2023- £28,446).
Risk management
The Trustees have considered and assessed the major risks to which the Trust is exposed and are
satisfied that systems are in place to mitigate their exposure to any major risks.
Trustee
26 March 2025

Aydya Charitable Trust
Statement of the Trustees, responslbilities
The Trustees are responsible for preparing the Trustees, report and the financial statements in
accordance wilh applicable law and United Kingdom Accounting Standards (United Kingdom
Generally Accepted Accounting Practice).
Law applicable to charities in Scotland requires the Trustees to prepare financial statements for each
financial year which give a true and fair view of the state of affairs of the Trust and of the Income and
expenditure of the Trust for that period. In preparing these financial statements, the Trustees are
required to:
select suitable accounting policies and then apply them consistently;
observe the methods and principles in the Chanties SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable accounting standards have been followed, subject to any material
departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless It is inappropriate to presume
that the charity will continue in operation.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable
accuracy the financial position of the Trust and to enable it to ensure that the financial statements
comply with the Charities and Trustee Investment (Scotland) Act 2005, the Charities Accounts
(Scotland) Regulations 2006 (as amended) and the Trust's constitution. They are also responsible for
safeguarding the assets of the Trust and hence for taking reasonable steps for the prevention and
detection of fraud and other irregularities.

Aydya Charitable Trust
Report of the Independent Examlner to the Trustees of Aydya Charitable Trust
I report on the financial statements of the Trust for the year ended 30 June 2024 which are set out on
pages 6 to 10.
This report is made to the Trustees, as a body, in accordance with the terms of my engagement. My
work has been undertaken to enable me to report my opinion set out below and for no other purpose,
To the fullest extent permitted by law I do not accept or assume responsibility to anyone other than the
Trustees, as a body, for my work or for this report,
Respective responsibilities of the Trustees and Examiner
The charity's Trustees are responsible for the preparation of the financial statements in accordance
with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts
(Scotland) Regulations 2006 (as amended). The charity's Trustees consider that the audit
requirement of Regulation 10(1) (a) to (c) of the 2006 Accounts Regulations does not apply. It is my
responsibility to examine the financial statements as required under section 44(1) (c) of the Act and to
state whether particular matters have come to my attention.
Basis of Independent Examinerfs Statement
My examination is carried out in accordance with Regulatlon 11 of the 2006 Accounts Regulations. An
examination includes a review of the accounting records kept by the charity and a comparison of the
financial statements presented with those records. It also includes consideration of any unusual Items
or disclosures in the financial statements, and seeks explanations from the Trustees concerning any
such matters. The procedures undertaken do not provide all the evidence that would be required in an
audit. and consequently I do not express an audit opinion on the view given by the financial
statements.
Independent EXamine￿S Statement
In the course of my examination, no matter has come to my attention:
which gives me reasonable cause to believe that, in any material respect, the requirements
to keep accounting records in accordance with Section 44(1) (a) of the 2005 Act and
Regulation 4 of the 2006 Accounts Regulations, and
to prepare financial statements which accord with the accounting records and comply with
Regulation 8 of the 2006 Accounts Regulations,
have not been met; or
to which, in my opinion, attention should be drawn in order to enable a proper understanding of
the financial statements to be reached.
For and on behalf of Henderson Loggie LLP
Chartered Accountants
The Vision Building
20 Greenmarket
Dundee
DD14QB
26 March 2025

Aydya Charitable Trust
Statement of financial activities for the year ended 30 June 2024
2024
2023
Note
Income
Bank interest received
Donations
854
197,639
284
131,325
Total income
198,493
131,609
Expenditure
Charitable activities
118,778
142,634
Totsl expenditure
(118,778)
(142,634)
Net expenditure
79,715
(11,025)
Funds brought forward
28,446
39,471
Funds carried forward
108,161
28,446
All funds are unrestricted and all activities relate to conts'nuing operations.

Aydya Charitable Trust
Balance sheet at 30 June 2024
2024
2023
Note
Current assets
Cash at bank and in hand
Other debtors
111,277
16
30,558
726
111,293
31,284
Creditors
Amounts falling due within
one year.
Sundry creditors
(3,132)
(2,838)
Net current assets
108,161
28,446
Totsl assets less current liabllities
108,161
28,446
Funds
Unrestricted fund
108,161
28,446
The notes on pages 8 to 10 form part of these financial statements.
Approved by the Trustees on ?goi/u-and signed on its behalf by
Trustee
Trustee
26 March 2025
26 March 2025

Aydya Charitable Trust
Notes to the financial statements
Accounting policies
Legal status
Aydya Charitable Trust is a charity registered In Scotland The registered office Is Gateway
West, Luna Place, Dundee Technology Park, Dundee, DD2 1XF.
Basis of accounting
The financial statements have been prepared under the histoncal cost convention and in
accordance with the Financial Reporting Standard applicable In the UK and Republic of
Ireland (FRS 102), Accounting and Reporting by Charities. Statement of Recommended
Practice applicable to chanties preparing their financial statements in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), also
known as the Chanties SORP (FRS 102), the Charities and Trustee Investment (Scotland) Act
2005 and the Charities Accounts (Scotland) Regulation (as amended).
The Trust constitutes a public benefit entity as defined by FRS 102.
At the time of approving the financial statements, the Trustees have a reasonable expectation
that the Trust has adequate resources to continue in operational existence for the foreseeable
future. Thus, the trustees continue to adopt the going concern basis of accounting in
preparing the financial ststements.
The financial statements are prepared in sterling which Is the functional currency of the Trust.
Monetary amounts in these financial statements are rounded to the nearest £.
Income
All income Is recognised once the Trust has entitlement to the income, it is probable that the
income received and the amount of the income can be measured reliably
Grants
Grants compnse those paid in the accounting period and, when applicable, include grants
payable in future accounting periods where there exists a legal obligation to make such
payments.
Expenditure and Irrecoverable VAT
All expenditure Is accounted for on an accruals basis. All expenses including support costs
and govemance costs are allocated or apportioned to the applicable expenditure headings.
Irrecoverable VAT is included in the related expenditure.
Charitable activities include expenditure associated with grant making.
Governance costs Include those incurred in the governance of the Trust and Its assets
and are primarily associated with constitutional and statutory requirements.
Support costs include central functions and have been allocated on a basls consistent
with the use of resources.
Debtors
Other debtors are recognised at the settlement amount due,
Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a
short maturity from the date of acquisition or opening of the deposit or similar account.

Aydya Charitable Trust
Notes to the financial statements (continued)
Accounting policies (continued)
Creditors
Creditors are recognised where the Trust has a present obligation resulting from a past event
that will probably result in the transfer of funds to a third party and the amount due to settle the
obligation can be measured or estimated reliably. Creditors are normally recognised at their
settlement amount after allowing for any trade discount.
Critical accounting estimates and Judgements
In the application of the Trust's accounting policies, the Trustees are required to make
judgements, estimates and assumptions about the carrying amount of assets and liabilities
that are not readily apparent from other sources, The estimates and associated assumptions
are based on historical experience and other factors that are considered to be
relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are revised on an ongoing basis. Revisions to
accounting estimates are recognised In the penod in which the estimate Is revised where the
revision affects only that period, or In the period of the revision and future periods where the
revision affects both current and future periods.
In prepanng these financial statements, the Trustees have made the following judgements
Accruals are applied at the year end based upon known costs received post year end and
the experien￿ of the Trustees,
Funds
Unrestricted funds are expendable at the discretion of the Trustees in furtherance of the
objectives of Aydya Charitable Trust.
Charitsble activities
2024
2023
Grants payable
UK charitable donations to organisations
14 beneficiaries (2023 ~ 15)
101,210
118,705
UK charitable donations to individuals
10 beneficiaries (2023 - 2)
11,000
1,370
Overseas aid to organisations- O beneficiary (2023- 1)
Overseas aid to individuals - 10 beneficiaries (2023 - 10)
15,045
5,500
6,500
Totsl grants payable
117,710
141,620
Support costs
Independent examination fees, including prior year under
provision
1,068
1,014
118,778
142,634
No Trustees received any remuneration or expenses in either of the two years ended 30 June
2024,
The Trust has no employees.

Aydya Cliaritable Trijst
Notes to tlie flnanclal stateinents (coiitinued)
Unrestricted funds
2024
2023
At 1 July 2023
Net expendilure in the year
28,446
79,715
39,471
(11,025)
At 30 June 2024
108,161
28,446
Related parties
re directors of Aydya Limited,
Donations of £180,000 (2023 ~ £120,000) were received from Aydya Limited during Ihe year.
Included within other creditors are amounts due to Aydya Limited In the year of £2,064 (2023-
£1 ,824) for payment of the independent examination fees.
Donations of £18,000 (2023- £12,000) were paid in year to 7 Grains Trust.
During the year amounts due from Trustees amounted to £16 (2023- £726)
10