Charlty registratlon number: 1047545
I.K. FOUNDATION
TRUSTEES, REPORT AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2026
Trustient

I.K. Foundation
Contents
Paye
Trustees, Report
Independent Examiner's Report
Statement OF Financial Activities
st8tement of Financial Position
Notes to the Financial Statements
7-10
The following pages do not form part of the statutory accounts..
Detailed Staternent of Financial Activities
li

I.K. Foundation
Trustees. Report For The Year Ended 5 April 2026
The trustees present their report and the financial statements for the year ended 5 April 2026.
Objectives and Artivities
Aims and Objectives
The charity'5 objects are the Telief of poverty and famine, the preservation and protection of good health, and for the
dvancement OF education, and for the advancement of religious purposes anywhe￿ in the world which a￿ charitable
ccounting to the laws of England an¢ Wales.
The policies adopted in furtherance of these objects are as detailed in this report and there has been no change in these
during the year.
Public Benefit
Durlng the year, the charity has Contlnued to provlde ald In the form of donatlons and grants payable to charitable causes in
the United Kingdom and overseas.
The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due
regard to the Charlty Commission's guidance on publlc benefit.
Flnanclol Revlew
Financial Position
During the year under review. the charity received donations Including gift aid of £25000 12024.. £10.0001. As at the
balance sheet date. the charity had unrestricted reserve5 of £24,120. Since the year end further grants were authorised by
the charity reducing the unrestricted funds.
Reserve5 Policy
As the charity does not employ any staFF or have any commitments to overheads, it is not considered necessary to hold any
serves.
structure Governance and Management
Go¥ernlng Document
The ch3rity was est3blished by a ch3ritab1e trust deed on 25 May 1995.
The trustees who served during the year were..
Shirin Merali
Shirnz Merali
Additional trustees may be appointed at the discretion of the current trustees in accordan￿ with the trust deed.
The trustees meet regularly to discuss the objectives and day to d3y issues of the charity. A management structure is in
place to provide contmls and ensure the successful running of the charity.
The trustees have assessed the rnajor risks to which the charity is exposed and are satisfied that systems are in place to
mitigate exposure to the rnajor risks.
Reference and Administrative Details
Trustees
Mr Shiraz Merali
Mrs Shirin me￿11
Page I

I.K. Foundation
Trustees. Report (continued)
For The Year Ended 5 April 2026
Charity Number
1047545
Prlnclpal Address
Scarfett Spring
141 Ducks Hill Road
Northwood
Middlesex
HA6 2SQ
Independent Examiner
Murtaza Je55a Chartered Accountant
Trustient
Chartered Accountsnts
29 Dennis Lane
Stanmore
Middlesex
HA74JS
Page 2

I.K. Foundation
Trustees. Report (continued)
For The Year Ended 5 April 2026
The trustees, report was approved by the board of trustees and signed on its behalf by..
Mr Shiraz Merali
Trustee
22 June 2026
Page 3

I.K. Foundation
Independent Examiner's Report to the Trustees of I.K. Foundatlon
For The Year Ended 5 April 2026
I report to the trustees on my examination of the accounts of I.K. Foundation Ithe Trustl for the year ended 5 April 2026.
Re$pon$lbllltle$ Ba$1$ of Report
A5 the charity trustees of the Trust you are re5pon5ible for the preparation of the accounts in accordance with the
ouirements of the Charities Act 2011 1.the Act-l.
I report in respect of my e¥amination of the Trust's accounts carried out under sertion 145 of the 2011 Att and in carrying
out my examination, I have followed rhe applicatile Dlrections given by the Charity Commlssion under section 14515llbl or
the Act.
Independent Examlner's Statement
I have cornpleted my examination. I confirrn that no material matters have come to my attention In connection with the
examination giving me cause to believe that in any rnaterial respect..
l. accounting records were not kept In respect of the Trust as required by section 130 of the Act,. or
2. the accounts do not accord with those records,. or
3. the accounts do not cornply with the applicable requirements concerning the form and contents of accounts set out in
the Charities (Accounts and Reports) Regulations 2008 other than any reoulrement that the accounts glve a 'true and
falr vlew, whlch is not a matter considered as part of an independent examlnation.
I have no concern5 and have come acr055 no other rnatter5 in connection with the examination to which attention should be
drawn in this report in order to enable a proper understanding OF the accounts to be reached.
Murtaza Jessa Chartered Accountant
22 June 2026
29 Dennis Lane
S￿nMOre
Middlesex
HA741S
Page 4

I.K. Foundation
Statement of Financial Activities
For The Year Ended 5 April 2026
2026
2025
Unrestrlcted Unrestrlrted
funds
funds
Notes
INCOME AND ENDOWMENTS FROM:
Donations and legacies
40,000
25,000
EXPENDITURE ON:
Charitable activitie5'.
Grants to Institutions
135,3601
19,7541
NET INCOME
4,640
15,246
NET MOVEMENT EN FUNDS
RECONCILIATION OF FUNDS:
4,640
15,246
Total funds brought forward
24,120
8,874
TOTAL FUNDS CARRIED FORWARD
io
28,760
24,120
The notes on pages 7 to 10 form part of these finan¢lal statements.
Page 5

I.K. Foundation
Statement of Financial Posltlon
As At 5 April 2026
2026
2025
Unrestrlcted
funds
Total
funds
Notes
CURRENT ASSETS
Cash at bank and in hand
29,760
25,120
29,760
25,120
Credltors: Amounts Falllng Due Wlthln One Year
11,0001
11,0001
CURRENT ASSETS (LIABILITIES)
28,760
24,120
TOTAL ASSETS LESS CURRENT LIABILITIES
28,760
24,120
NET ASSETS
28,760
24,120
FUNDS OF THE CHARITY
Unrestricted Funds
28,760
24,120
TOTAL FUNDS
io
28,760
24,120
On behalf of the board
Mr Shiraz Merali
Mrs Shirin Merali
Trustee
22 June 2026
Trustee
The notes on pages 7 to 10 form part of these financial statements.
Page 6

I.K. Foundation
Notes to the Financial Statements
For The Year Ended 5 April 2026
l. General Information
l.K. Foundation is an unincorporated charity registered with the Charity Cotnmission, registered charity nurnber 1047545. The
principal address 15 Scarlett Springi 141 Ducks Hill Road, Northwood, Middle5ex, HA6 25Q.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared in accordance with the Charitie5 SORP IFRS 1021 'Accounting and
Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable In the UK and Republic of Ireland IFRS 1021 leffettive I
january 20191 Financial Reporting Standard 102 The Financial Reportlng Standard applicable in the UK and Republlc
of Ireland" and the Charities Act 2011.
The charity Is a Public Benefit Entity as defined by FRS 102.
2.2. Incoming Resources
Incoming resources are recognised when the charity becomes entitled to the income and any conditions for receipt are
met,. the trustees are reasonably certain that the charity will receive the Income.. the value of the Income can be
reliably measured.
Incoming resources are received to aid the furtheran￿ of the charity's charitable objects.
Incoming resources from gift aid tax claims are included in the Statement of Financial Activities at the same time as
the donation to which they ￿late.
2.3. Resources Expended
Liabilities are recognised at the point at which there is a leg31 or constructive obligation cornmitting the charity to the
expenditure.
Grants and donation5 payable related to monies paid to third parties by way of donations and assistance to charitable
causes in the United Kingdorn and overseas.
2.4. Cash and Cash Equivalents
Cash and cash equivalents are basic financial a55et5 and include cash in hand and deposit5 held at call with banks,
other short-tertn highly liquid investments that mature in no rnore than three months fro￿ the date of acquisition and
are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
Income from DoA•tions and Leg•cie$
2026
2025
Unrestrlcted Unrestrlcted
funds
funds
Donations and gifts
Gift aid
32,000
8,000
20,000
5,000
40,000
25,000
Page 7

I.K. Foundation
Notes to the Financial Statements (Continued)
For The Year Ended 5 April 2026
Analysis of Expenditure
2026
Grant
fundlng of
Support
actlvities
costs
(see note 51 {see note 61
Total
Grants to Institutlons
34,250
I,iio
35,360
2025
Grant
funding of
Support
activitie5
COSts
(see note 51 (see note 61
Total
Grants to Institutions
8,735
1,019
9,754
5. Gr•nts Payable
2026
Grants to
Institutions Support costs
Total
Grants to Institutions
34,250
34,250
68,500
2025
Grants to
Institutions Support costs
Total
Grants to Institutlons
8,735
8,735
Gr3nts paid to Institutions, included above, are as follows=
2026
2025
Orison Charitable Trust
23,500
7,000
4,235
2,500
1,000
1,000
BETA Charitable Trust
Zahra Trust
Lady Fatemah CharitableTrust
KSIMC of London
Irnam Hussein Foundation
1,000
1,250
1,000
500
Bab-UL-ILM
34,250
8,735
Page 8

I.K. Foundation
Notes to the Financial Statements (Continued)
For The Year Ended 5 April 2026
6. Support Costs
2026
Grants to
Instltutlons
General administration
Governance costs
iio
1,000
I,iio
2025
Grants to
Institutions
General adminlstr8tlon
19
Governance cost5
1,000
1,019
7. Independent Examiner's Remuneration
2026
2025
Independent examination of the financial statements
1,000
1,000
8. Average Number of Employees
Average number of employees during the year was.. NIL12025.. NIL)
9. Creditors: Amounts Falling Due Within One Year
2026
2025
Accruals and deferred income
1,000
1,000
10. Movement In Funds
As at 6 April
2025
As at 5 April
2026
Inujme
Expenditure
Unrestricted funds
General..
General unrestricted fund
24,120
40,000
135,3601
28,760
Total funds
24,120
40,000
135,3601
28,760
Page 9

I.K. Foundation
Notes to the Financial Statements (Continued)
For The Year Ended 5 April 2026
As at 6 April
2024
As at 5 April
2025
Income
Expendlture
Unrestricted funds
General..
General unrestricted fund
8,874
25,000
19,7541
24,120
Total funds
8,874
25,000
19,7541
24,120
11. Tran$a¢tion$ with Trustees
None of the trustee5 received any remuneration or any other benefit5 from an etnployment with the charity or a related entity
durlng the current or prevlous year.
During the year the expenses reimbursed to the trustees or paid directly to third parties were as follow5..
2026
2025
12. Related Party Disclosures
During the year under review, the charity received donation5 frotn sh1￿Z Merali, a trustee, totalling £20,000 12024.. 80001
Page 10

I.K. Foundation
Detailed Statement of Financial Activities
For The Year Ended 5 April 2026
2026
2025
Total
funds
Total
tunds
INCOME AND ENDOWMENTS FROM:
Donations and legacies
Donations from individuals
32,000
8,000
20,000
5,000
Gift aid
40,000
25,000
40,000
25,000
EXPENDITURE ON:
Charitable Activities:
Grants to Institutions
Grants to Institutions
134,2501
Iiioi
11,0001
18,7351
1191
11,0001
Bank charges
Independent examiner's fees
135,3601
19,7541
135,3601
19,7541
NET INCOME
4,640
15,246
Page 11