(Aapps.charitycommission.gov.uk/Accounts/Ends97/0001146597_AC_2… · ~ Mr. Hafez Ahmed Ahmed M~ddd d ~ Mr. Salman Kaldari ~ Mr Salah Al-Hamma i a ointed 29/09/2014 ~ Mr Mohammed

QATAR CHARITY UK (QCUK)(A Company Limited by Guarantee and not having a share capital)

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2015

Charity Registration Number: 1146597Company Number: 08006947

QATAR CHARITY UK (QCUK)


CONTENTS Pages

Trustees' re port 1-6

Auditors report

Statement of Financial Activities

Balance sheet

Notes to the financial statements 10-14


TRUSTEES' REPORT


The Board of Trustees present their report and accounts for the year ended 31 March 2015.

Accouats

The accounts have been prepared in accordance with the accounting policies set out in note I to the accounts and complywith the charity's governing document, applicable law and the requirements of the Statement of Recommended PracticeMSORP 2005", "Accounting and Reporting by Charities" issued in March 2005 and the Charities Act 2011.

Structure

The charitable company was formed on the 27 March 2012 and received from the Charity Commission registration number1146597. Qatar Charity UK is also a Company Limited by Guarantee and received from Companies House companynumber08006947,

Board of Trustees

The Board of Trustees consists of the following individuals:

~ Mr. Yousuf Al-Kuwari~ Mr. Mohammed AI-Ghamdi~ Mr. Hafez Ahmed Ahmed

M~ddd d~ Mr. Salman Kaldari~ Mr Salah Al-Hamma i a ointed 29/09/2014~ Mr Mohammed Al-Kuwari a ointed 29/09/2014

Registered Details

Registered address:Registered charity number:Registered company number:Bankers:Examiners:Solicitors:

115 Park Street, London W I K 7AP114659708006947Al-Rayan Bankhaysmacintyre, 26 Red Lion square, London WC I R 4AGBates Wells JI Braithwaite London LLP, 10 Queen Street Place London EC4R IBEJohns and Saggar, 34-36 Gray's Inn Rd, London WC IX 8HR

Objects:

The objects of the charity are:

The relief of poverty for the public benefit;

The relief of need of people;

The relief and assistance to people in all parts of the world who are the victims of war or naturaldisasters, troubles or catastrophes;

Charitable purposes for the public benefit according to the laws of England and Wales


TRUSTEES' REPORT (continued)


Aims

Qatar Charity UK (QCUK) aims to work in UK and in Continental Europe and will target the most disadvantaged in

society. Depending on resources, QCUK will also support work that meets its strategic objectives in less developedcountries. The aims include the following;

Support the social and economic advancement of the most disadvantaged groups in the UK and other Europeancountries, and help strengthen community cohesion in such countries.

Work in partnership with Qatar Charity and other humanitarian organizations to support humanitarian work.

Provide opportunities for Qatari investors and businesses in the UK and elsewhere to demonstrate and increase theetTectiveness of their corporate social responsibility.

Vision

QCUK will be the main charitable partner for Qatari investors in UK and Europe

Mission

Qatar Charity UK (QCUK) will assist and empower individuals and organisations of the most needy in society to improvetheir social and economic conditions through educational, cultural, economic and humanitarian programmes

Review of Activities

In the report for 2013-14 the Trustees set out the following as 5 objectives for the year 2014-15.These targets recognisedthat 2014-15 was to be the first full year of the charity's activities. Progress was made as follows:

1. Quality control policies and procedures to be established.a. Financial policies and systems: these were written and implemented;b. Governance: procedures were agreed by the Trustees and practiced during the year, particularly reports

from the executive on the risks facing the charity;c. HR/Internal policies: essential policies are in place, the balance are drat)ed for approval;d. Due diligence: robust systems were established for the assessment of proposals received by the Charity.

2. Recruiting a fundraising department and establishing QCUK's Corporate Social Responsibility structure. It wasagreed to hire an Executive Director (with strong fundraising skills) as a first step. This recruitment processcommenced in June 2015.

3. Establish Qatar Charity UK Volunteer Scheme. Establishing a scheme was not prioritised, but volunteers didprovide support to the Charity during the year.

4. Qatar Charity UK programmes in the UK. Support was provided to fulfil a number of strategic aims. Details arenoted below.

5. Partnerships and Joint Ventures with UK-based charities. Meetings were held with a number of organisations whichwere either information-gathering or have led to joint activity and funded programmes. These included: Businessin the Community, Social Mobility Foundation, International Medical Corps UK, SOAS and various communitycentres.

Other charitable activities during the year included;1. 26 Ramadan-related projects, to ensure community centres could afford to feed a wider community(providing 'Iftaar')

in centres such as Bradford, East London, Leeds, Glasgow, Swansea University, Birmingham and Cardiff. An averageof 4,500 people daily benefitted from these projects. SOAS students erected Ramadan tents in a local park whichwelcomed the homeless, neighbours and other students for lt)aar. Some projects were wider than II)aar: the SomaliBravanese Welfare Society of North London ran an Eid party for the neighbourhood with, for example, 11 footballteams from local schools, face and henna painting and a strong endorsement from the local councillor.




2. MOSAIC: The Nectar Trust, a working name of Qatar Charity UK, entered into a three-year venture with Business in

the Community to promote the Enterprise Challenge. This is an annual, national competition during which secondary

school students aged 11-16learn about establishing and running a business through a business simulation game. The

students are mentored by experienced business professionals. The programme reached close to 4,000 students in over

100 schools, and mobilised 484 mentors. 79% of the students were in the UK's most deprived areas. The average

feedback was positive: 4.5 out of 5.3. The relationship with Qatar Charity(Qatar) was continued. The Trustees agreed that funding could be received where

it did not compromise the independence of QCUK and it contributed to our strategic objectives. Following full

assessments and due diligence, funds were received for projects in UK, France, Myanmar and Ukraine. The funds

covered a variety of I(lear, Qurbani, and community-centre-related projects.

4. Community centres: QCUK regularly receives requests for support from charities running community centres. These

are centres for a local community which may contain conference suites, leisure facilities, schools or prayer halls and

student accommodation. It is a condition of our funding that the centre is sustainable and income generating. During

the year we considered funding requests from centres in USA, Canada, UK, Sweden, Belgium, France, Germany,

Italy, Ukraine, Switzerland and Spain. QCUK carries out thorough due diligence on the applicants requesting funding

and this is mentioned in greater detail in the Financial Summary section, on Page 4, of this report.

5. QCUK supported the work of a local NGO to establish a centre for rape victims in Bosnia. A Qurbani project with

the Rohingya minority in Myanmar reached close to 100,000 people suffering from food shortages.

6. A variety of non-cost activities also took place such as distribution, to London shelters, of clothing donated to QCUK

by Qatari students and families.

Qatar Charity UK Plans for 2015-16.

The Trustees have prioritised the following:

1. Charitable activities

a) Establish further partnerships with reputable charities and other organisations in the areas of social mobility,

education;

b) Continue our work with Community Centres throughout Europe;

c) Reduce the financial surplus without compromising the robustness of our due diligence;

d) Define the optimal structure and processes for our work in Continental Europe;

e) Provide support for Syrian refugees in Europe;

I) Prepare to work on humanitarian programmes with partners in less developed countries.

2. Internal.

a) Income diversification;

b) Strengthen QCUK through the recruitment of new posts and increased diversity of the Board of Trustees.

QATAR CHARITY UK (QC UK)

TRUSTEES' REPORT (contiaued)


Financial review

The Company received donations, grants and other income 54,457, 191 (5460,511 in 2013/14). 63,979,451 (61,084 in

2013/14) of the total income received constitutes restricted donations and this translates to approximately 89% (0.24% in

2013/14). At the end of the fiscal year 2014/15 QCUK brought forward a positive bank balance of f3,937,699 (f230,612

in 2013/2014).

The Trustees are satisfied that plans are in place to spend this restricted balance, understanding that f3,679,394 of this

income arrived close to the last quarter of the year. Note 10 sets out the details of the part of our work related to community

centers, where due diligence is ongoing. This due diligence process requires a robust analysis of the governance and

financial aspects of the applicant as well as detailed examination of the project that is being proposed, usually property-

related. No funds are spent on a community centre project until QCUK is satisfied that the funds will be immediately and

sustainably spent on their intended purpose. Following due diligence, we rejected two proposals during the year and thus

are holding the funds pending agreement on a different project. Delays caused by the rigour of our due diligence process

are the reason for this year's surplus in restricted funding.

In accordance with SORP 2005, support costs have been allocated between charitable activities and fundraising. The

statement of Financial Activities demonstrates that Qatar Charity UK spent f729,070 or 96.8% (f196,565 or 98.5% in

2013/14) of total expenditures on charitable activities, 517,128 or 2.3% (686 or 0.05% % in 2013/14) of its expenditures

on fund raising and I7,213 or 0.96% (52,880 or 1.45% in 2013/14) of its expenditures on governance activities

Administrative Structure:

In accordance with the trust deed and current standing orders, only the Board of Trustees has the power to appoint and

discharge Trustees and appoint office bearers.

The Board of Trustees are supported by a Secretariat based in London. The role of this Secretariat is to raise funds and

implement the strategies as directed by the trustees. The Director General of the Secretariat is Mr. Ayyoub Abouliaqin.

The administration of the Secretariat is subject always to the approval of the Board of Trustees who accordingly remain

ultimately responsible for the manner in which Qatar Charity UK and its activities are administered.

Public Benefit

As a charity, Qatar Charity UK must be able to demonstrate that its objects and activities are for the public benefit as

required by the Charities Act 2011. The Trustees have all reviewed the guidance issued by the Charity Commission on

public benefit and have ensured that Qatar Charity UK and its objects and activities comply with this statutory requirement.

The Trustees confirm that they have complied with the duty in section 17 of the Charities Act 2011 to have due regard to

the public benefit guidance published by the Charity Commission in determining the activities undertaken by the charity.

This Report explains our main activities and achievements in carrying out our aims.

Governance and internal control

The systems of internal control are designed to provide reasonable but not absolute assurance against material mis-

statement or loss. They include:

~ a strategic plan and an annual budget approved by the Board of Trustees;

~ regular consideration by the Board ofTrustees of financial results, variance from budgets, non-financial indicators

and bench working reviews;

~ delegation of authority and segregation of duties;




Risk management

The Board of Trustees are fully aware of the need to assess the risks faced by the charity and to minimise those risks.

The Trustees considered and approved a full analysis of the risks to which Qatar Charity UK may be exposed. . With the

executive they are working to put systems in place to mitigate exposure to such risks.

Reserves policy

It is the policy of Qatar Charity UK that unrestricted funds which have not been designated for a specific use should bemaintained at a level which will ensure that, in the event of a significant drop in funding, they will be able to continue thecharity's current activities while consideration is given to ways in which additional funds may be raised. It is also Qatar

Charity UK's policy to hold sufficient funds, currently three months, for administrative expenditures.

Statement of Trustees' responsibilities

The Trustees (who are also directors of Qatar Charity UK for the purposes of company law) are responsible for preparing

the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting

Standards (United Kingdom Generally Accepted Accounting Practice).

Company law 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 charitable company and of the incoming resources and application of resources, including the

income and expenditure, of the charitable company for that year. 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 Charities SORP;

~ Make judgements and estimates that are reasonable and prudent;

~ State whether applicable UK Accounting standards have been followed, subject to any material departures

disclosed and explained in the financial statements;

~ Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable

company will continue in business.

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time ofthe financial position of the charitable company and enable them to ensure that the financial statements comply with the

Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking

reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as we are aware:~ There is no relevant audit information of which the charitable company's auditor is unaware; and

~ The trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit

information and to establish that the auditor is aware of that information.




Auditors

haysmacintyre were appointed Auditors to the charitable company and in accordance with the Charity Act 2011 andCompanies Act 2006, as amended, a resolution proposing that they be re-appointed will be put to the Board of Trustees.

Approved by the Board of Trustees and signed on their behalf:

Name:(Trustee & Chairman) Mr. Yousuf Al-Kuwari

Name(Trustee & Secretary)

Dated: SCS day of ~&~ 2015.

Sp I +H

AUDITOR'S REPORT TO THE TRUSTEES OF


We have audited the financial statements of Qatar Charity UK Limited for the year ended 31 March 2015 which comprise

the Statement of Financial Activities, the Balance Sheet and the related notes. The financial reporting framework that has

been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally

Accepted Accounting Practice).

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the

Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members

those matters we are required to state to them in an Auditors' Report and for no other purpose. To the fullest extent permitted

by law, we do not accept or assume responsibility to anyone other than the charitable company and its members, as a body,

for our audit work, for this report, or for the opinion we have formed.

Respective responsibilities of trustees and auditorAs explained more fully in the Trustees' Responsibilities Statement set out on page 5, the trustees (who are also the directors

of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements

and for being satisfied that they give a true and fair view.

We have been appointed auditor under the Companies Act 2006. Our responsibility is to audit and express an opinion on

the financial statements in accordance with applicable law and International Standards on Auditing (UK and Ireland).

Those standards require us to comply with the Auditing Practices Board's Ethical Standards for Auditors.

Scope of the audit of the financial statementsA description of the scope of an audit of financial statements is provided on the Financial Reporting Council's website at

www. frc.org. uk/auditscopeukprivate.

Opinion on financial statementsIn our opinion the financial statements:~ give a true and fair view of the state of the charitable company's affairs as at 31 March 2015 and of the charitable

company's incoming resources and application of resources, including the income and expenditure, for the year then

ended;~ have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

~ have been prepared in accordance with the requirements of the Companies Act 2006.

Opinion on other matter prescribed by the Companies Act 2006

In our opinion the information given in the Trustees' Annual Report for the financial year for which the financial statements

are prepared is consistent with the financial statements.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you

if, in our opinion:~ the charitable company has not kept adequate and sufficient accounting records, or returns adequate for our audit have

not been received from branches not visited by us; or

~ the charitable company financial statements are not in agreement with the accounting records and returns; or

~ certain disclosures of trustees' remuneration specified by law are not made; or

~ we have not received all the information and explanations we require for our audit; or

~ the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and

take advantage of the small companies exemption in preparing the Trustees' Annual Report and strategic report.

Jessa, Senior Statutory AuditorFor and on behalf of haysmacintyre, Statutory Auditors

26 Red Lion SquareLondonWCIR 4AG

QATAR CHARITY UK

STATEMENT OF FINANCIAL ACTIVITIES


INCOMING RESOURCES

Unrestricted Restricted Total funds Total fundsFuads Funds 2015 2014

Notes f f. f

Incoming resources from generatedfundsVoluntary incomeGrants and donations 2 465,908 3,979,451 4,445,359 460, 102

Other income

TOTAL INCOMING RESOURCES

RESOURCES EXPENDED

Cost of generating funds

Charitable activities

11,832

477,740

11,832

3,979,451 4,457, 191

17,128 17,128

604,602 124,468 729,070

409

460,511

86

196,565

Governance costs 7,213 7,213 2,880

TOTAL RESOURCES EXPENDED

Net incoming resources beforetransfer

628,943 124,468 753,411 199,531

Gain/(loss) on foreign exchange

Net movement in funds

Total funds brought forward

Fund balances carried forward

(151,203)

260,796

109,593

(204,892)

3,650,091

1,084

3,651,175

(204,892)

3,498,888

261,880

3,760,768

260,980

900

261,880

The Charity had no recognised gains and losses other than those included above. All the above results are derived fromcontinuing activities. The notes on pages 10 to 14 form part of these financial statements.

QATAR CHARITY UK

BALANCE SHEET

AT 31 MARCH 2015

Company number: 08006947

FIXED ASSETS

Tangible assets

CURRENT ASSETS

Notes

2015

51,453

2014

67,212

DebtorsCash at bank and in hand

7 71,2153,937,699

67,500230,612

CREDITORS: amounts falling due

within one year

4,008,914

8 (299,599)

298,112

(4,293)

NET CURRENT ASSETS

3,709,315

3,760,768

293,819

361,031

CREDITORS: amounts falling due

in over one year

NET ASSETS

FUNDS

3,760,768

(99,151)

261,880

Unrestricted funds:GeneralRestricted fund

TOTAL FUNDS

10109,593

3,651,175

3,760,768

260,7961,084

261,880

The financial statements have been prepared in accordance with the special provisions relating to companies subject to the

small companies regime with Part 15 of the Companies Act 2006 and in accordance with the Financial Reporting Standard

for Smaller Entities (effective April 2008). For the year ending 31 March 2015 the Charity was entitled to exemption from

audit under section 477 of the Companies Act 2006.

The members have not required the Charity to obtain an audit in accordance with section 476 of the Companies Act 2006.

The Trustees of the Charity acknowledge their responsibility for complying with the requirements of the Companies Act

2006 with respect to accounting records and for the preparation of accounts.

These accounts were approved by the Board of Directors and authorised for issue on 3o) I I.)

behalf by:

I

Trustee and DirectorName: Mr. Yousuf Al-Kuwari

STELA(4 f5fL-HMKADIThe accompanying notes form an integral part of these financial statements

2015 and signed on their

QATAR CHARITY UK

NOTES TO THE FINANCIAL STATEMENTS


1. ACCOUNTING POLICIES

(a) Basis of preparationThe financial statements have been prepared under the historical cost convention and in accordance with theStatement of Recommended Practice - Accounting and Reporting by Charities (SORP 2005) and the CompaniesAct 2006, the Financial Reporting Standard for Smaller Entities (effective April 2008) and applicable accountingstandards.

(b) Fund accountingGeneral funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance ofthe general objectives of the charitable company and which have not been designated for other purposes.Designated funds are available for use at the discretion of the Trustees in furtherance of the general objective of thecharitable company.Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or whichhave been raised by the charitable company for particular purposes.

(c) Incoming resourcesAll incomings resources are included in the SOFA when the charity is legally entitled to the income, there isreasonable certainty of receipt and the amount can be quantified with reasonable accuracy.

(d) Resources expendedAll expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costsrelated to the category. Where costs cannot be directly attributed to particular headings they have been allocated toactivities on a basis consistent with use of resources. All support costs, except governance costs, are allocatedbetween cost of generating funds and resources expended on charitable activities on basis of time spent.

(e) Tangible Bxed assets and depreciationTangible fixed assets are stated at cost less depreciation. Depreciation has been provided on all tangible fixed assetsat the following rates on the net book value of assets at the beginning of the financial year.

Fixtures and fittingsComputer equipment

25% on net book value33% on net book value

(f) Foreign currenciesAll income resources and expenditure accounted for in the year have been converted at the rate applicable at thattime.

(g) LeasingRentals payable under operating leases are charged on a straight line basis over the year of the lease.

2. GRANTS AND DONATIONS INCOME

UnrestrictedFunds

g

RestrictedFunds

TotalFunds

g

TotalFunds 2014

f

Qatar Charity grantsOther donations income

461,7644, 144

3,973,4416,010

4,435,20510,154

451,6059,397

465,90$ 3,979,451 4,445,359 461,002

10

QATAR CHARITY UK

NOTES TO THE FINANCIAL STATEMENTS (contiaued)


3. CHARITABLE ACTIVITIESUnrestricted

fRestricted

f

2015Total

2014Total

Wages, salaries and social securityOffice OperationsSocial work and welfare activities

TOTAL

77,357224, 153303,092

604,602

1,845

122.623

124,468

79,202224, 153425,715

729,070

40,344156,221

196,565

4. GOVERNANCE COSTS 2015f

2014f

Audit FeeIndependent examiners fees

7,2132,880

STAFF COSTS

Staff costs were as follows:Wages and salariesSocial security costsPension Costs

2015f

71,2067,996

2014f

36,3064,038

79,202 40,344

The average number of employees in the year was:

No. No.

Employees 1.75

1.75

No employee received emoluments greater than f60,000 in the year to 31 March 2015 (2014:None).

The trustees received no remuneration or reimbursed expenses during the year (2014: fnil).

TANGIBLE FIXED ASSETS

CostAt 31 March 2014Additions

OfficeEquipment

62,0842,458

ComputerEquipment

f

13,815

Totalf

75,8992,458

At 31 March 2015 64,542 13,815 78,357

DepreciationAt 31 March 2014Charge for the year

At 31 March 2015

Net Book ValueAt 31 March 2015

At 31 March 2014

6,79114,284

21,075

43,467

55,293

1,8963,933

5,829

7,986

11,919

8,68718,217

26,904

51,453

67,212

QATAR CHARITY UK

NOTES TO THE FINANCIAL STATEMENTS (continued)


7. DEBTORS 2015f

2014

DepositsPrepayments and accrued income

45,00026,215

71,215

45,00022,500

67,500

8. CREDITORS: amounts faBing duewithin one year

Other taxation and social securityAccrualsCommitted GrantsOther Creditors

2015

8,34124,484

266,666108

2014

1,2032,982

108

299,599 4,293

9. CREDITORS: amounts falling due 2015 2014in over one year 8

Long term loans 99,151

A Loan of 699,151 was repaid fully in the year. This was originally provided by AMAL to assist QCUK tocommence its operational activities. Ayyoub Abouliaqin, the Director General of QCUK was a trustee at AMAL.

10. STATEMENT OF FUNDS2014 Income

Other gains/Expenditure (losses) 2015

f f fUnrestricted fundsGeneral unrestricted funds 260,796

260,796

477,740

477,740

(628,943)

(628,943)

109,593

109,593

Restricted fundsSyria EmergencyZakatSadqai(tsarlltaar UKQurbaniCommunity DevelopmentSwansea University CampusShetTield Project, Emaan TrustEIHS in Chateau ChinonMultipurpose Center MulhouseUkraine students

535524

25

3,1882, 147

510165

111,68938,768

2, 139,23992,933

695,696802,43761,57631,103

(300)

(85,400)(38,768)

(69,624)(7,615)

(57,001)(65,747)(5,046)

141

3,7232,671

235165

26,2890

2,069,61585,318

638,695736,690

56,53031,244

Total funds

1,084

261,880

3,979,451

4,457, 191

(124,468) (204,892) 3,651,175

(753,411) (204,892) 3,760,768

12

QATAR CHARITY UK



10. STATEMENT OF FUNDS (CONTINUED)

Syrian Emergency restricted funds are to assist with food and shelter for refugees

Zakat are restricted funds to be distributed amongst poor individuals

Sadqa are restricted funds to be distributed amongst poor individuals

Iftaar UK: This restricted funding provided 26 grants to support local organisations around the UK and in Europe to

provide lt)aar (Ramadan meals) to poor individuals and to the wider community. This is a restricted grant from Qatar

Charity.

Qurbani: This restricted grant from Qatar Charity was utilised to alleviate food shortages in Rakhine State, Myanmar,

It reached 99,445 poor individuals consisting mostly of displaced women and children.

Community Development: This figure consists of three restricted projects for the development of the community.

Two projects will be implemented for the UK and one will be designed for Europe. These community development

projects will fund, either fully or partially, the purchase or construction of community centres where marriage functions

can be hosted, the youth can be involved in sports activities, day care centres for mothers, prayer areas, shops and

classrooms for teaching Arabic language and for tuition.

Swansea University New Campus: This restricted grant from Qatar Charity will be utilised to build a Lecture theatre,

meeting rooms, administrative offices, cr6che providing childcare, classrooms for teaching Arabic language, a prayer

hall and car parking. Due diligence was still continuing on this restricted grant on the date of signing of these accounts.

Sheffield project with Emaan Trust: This grant provided by Qatar Charity will be utilised to build a multi

purposes centre providing diverse and integrated services to different segments and categories of the community, the

centre will contain the following units: A nursery, full-time school, social and cultural centre with a multipurpose hall,

in addition to a library and restaurant, a prayer hall, a gym and a car parking

European Institute for Human Sciences (EIHS) in Central France (Chateau Chinon): This project comprises

establishing new buildings, where the Institute wishes to expand and revamp its premises to transform from an institute

to a university campus which will include apartments for married students and others for single students, modem

classrooms equipped with distance learning technologies, a lecture hall and providing a various places for sports. Due

diligence was still continuing on this restricted grant on the date of signing of these accounts.

Al Buda Project in Hlzach ( Suburb of Mulhouse ): Atter the completion of internal due diligence it was decided

not to continue with this restricted grant. The trustees of QCUK will now decide to re-assign this restricted funding to

another community centre project after confirming approval from the donor of this funding, Qatar Charity.

Assistance to students in Ukraine: This restricted grant from Qatar Charity will contribute to the payment ofuniversity fee instalments for 20 university students to enable them to complete their studies. The beneficiaries have

either no funds or are especially needy. Due diligence was still continuing on this restricted grant on the date of signing

ofthese accounts.

13

QATAR CHARITY UK



11. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Fund balances at 31 March 2015 are represented by:Fixed AssetsNet-Current Assets

Total Funds

UnrestrictedFunds

51,45358, 140

109,593

RestrictedFuads

f

3,651,175

3,651,175

TotalFunds

f

51,4533,709,315

3,760,768

12. OPERATING LEASE COMMITMENTS

At 31 March 2015 the charitable company had the following annual commitments under non-cancellable operating

leases:

Laud and buildings

Over 5 years 90,000

13. TRUSTEES REMUNERATION AND EXPENSES

The Trustees received no remuneration or expenses during the year.

14. RELATED PARTY TRANSACTIONS

Mr Yousef Al Kuwari- CEO of Qatar Charity in Doha is current Chairman of Qatar Charity UK. Mohammad Al

Ghamdi- is Executive Director for international Development Program in Qatar Charity Doha and is also trustee

at Qatar Charity UK

These two related parties are for the funds donated by Qatar Charity Doha of f4,435,205 in 2015. There are no

outstanding debtors or creditors to Qatar Charity Doha.

Ayyoub Abouliaqin, the Director General of QCUK was a trustee at AMAL. AMAL provided the loan of f99,151

as described in note 8 in 2014. This was fully repaid in the year.

14

Documents

(Aapps.charitycommission.gov.uk/Accounts/Ends97/0001146597_AC_2… · ~ Mr. Hafez Ahmed Ahmed M~ddd d ~ Mr. Salman Kaldari ~ Mr Salah Al-Hamma i a ointed 29/09/2014 ~ Mr Mohammed