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Integrated Annual Report 2024

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Financial statements

Financial statements

Directors’ report

The Directors present their report together with the audited consolidated financial statements of Alef Education Holding PLC and its subsidiary (the “Group”) for the year ended 31 December 2024.

Principal activities

The principal activities of the Group are consulting and research and development in the field of technology education, institute training and development of teachers, educational facilities management, training on the development of personal competencies, educational consultancy, administrative support training services, computer systems and software designing and information technology consultancy.

Financial results

The revenues earned from contracts with customers and the total comprehensive income of the Group during the years:

31 December 2024
AED
31 December 2023
AED
Revenue 759,003,628 749,525,426
Total comprehensive income 447,459,429 586,407,899

Directors

The Directors of the Company as of 31 December 2024 were:

  • HE Abdulhamid Mohammed Saeed Alahmadi (appointed on 3 May 2024)
  • HE Ahmed Ali Al Sayegh (appointed on 3 May 2024)
  • HE Jameela Al Mheiri (appointed on 3 May 2024)
  • HE Noura bint Mohammed Al Kaabi (appointed on 3 May 2024)
  • Ms Rima Ahmed Salim AlMokarrab Almheiri (appointed on 3 May 2024)
  • Dr Saeed Abdulla Mohamed Bin Mutlaq Alghfeli (appointed on 3 May 2024)
  • Mr Omar Abdulla Al Hashmi (appointed on 3 May 2024)
  • Mr Geoffrey Simon John Alphonso (resigned on 3 May 2024)

Directors’ statement to the disclosure to auditors

In so far as the Directors are aware, there is no relevant information of which the Group’s auditors are unaware.

The Group’s auditors have been provided with access to all information of which we are aware that is relevant to the preparation of consolidated financial statements.

Auditors

A resolution to reappoint Ernst and Young Middle East (ADGM Branch) as auditors for the ensuing year will be put to the shareholders at Annual General Meeting.


Abdulhamid Mohammed Saeed Alahmadi
Chairman

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