Shenward.•4 First Floor T.. +44101208 864 6689 "rkland House E.. london@shenward.com 11-15 Petetborough Road W." ww.shenward com Harrow Middlesex HA12AX Unrted Kingdom Chortered Accourilonls & 8vsiness AOWAOr. Our Ref.. DPU/SNPIPIUAO19 16 September 202) Strictly Private & Confidential The Trustees The Auger Foundation Green Acres 26 Green Lan¢ WatFord, Hertfordshire WD194NJ Dear Sirlmadam THE AUGER FOUNDATION ACCOUNTING PERIOD ENDED 31 DECEMBER 2024 We have pl¢&sure in enclosing.. i) One copN' of the full set and one filling set of the compani s financial statements for the }'ear ended 31 December 2024. If the figures m¢et with N'our approi'al: Ivould >ou please sign and date in black ink &$ follo1$.. On the full set of financial statements marked "Office Copy" The Trustees" Report on pag¢ 2 and page 3 to be signed b!: the Trustee. The Balance Sheet on p4e 6 to be signed bN' the Director. On filleted set of the financial statements marked "Registrar's Copy" The Balancc Sheet on pe 3 to be signed bTr the Director. Please return all tb¢ copies dulN' signed to us. On receipt of thes¢ accounts we shall fonvard 'ou extra copies for i'our retention. 2) A Letter of Representation '¢h should be typed on }:our compans. s letterhea& signed b}, the Director and lerned to us. 3) We tak¢ this opportunits" of enclosing a note of our firni's charges for l'our kind attention. KindlN' fon4ard i'our cheque together ii.ith the signed accounts and return the profonna invoice 'ith )'our pa)ment in order that a VAT invoice can be issued. Yours faithfully CJ/J Shenth'ard (London) Limited Enc.. ShenvraTd (London) LnT41 is a prwal& Fnrte Gorttpafby regTl England andwaks ¥1h ftr3islered nvthr 5280295. Further details¢on be fouThJ al trard.¢ega1. ie as
'I'I11-: ALIC7F,ri Fc)IlNI)A-I ION STATF.MENT C)F TRUSTFES, RFSPONSIBILITIES FOR TI.IE YEAR ENDED 31 DECEMBER 2024 The tftistees. who are also Ilie directors of The Aiiger Foundation for Ilie purpose of company law, are iesponsible fof preparing the Trusiees, Report and the financial slalenieiils in accordance Nwlh applicable laiw and United Kingdom Accounting Slandards (United Kingdoni Generally Accepted Accoiinling Practi1. Coiiipany law requires Ihe trustees lo prepare financial Statements for each financial yeaf which give a tfue and fair view ol Ihe slate ol affairs of the charily and of the incoming resources and application ol resoLlfces, including Ilie income aiid expenditure. of the charitable company for that year. In preparing Iliese financial slatemenls. the Iruslees are required lo.. selecl suitable accounliiig policies and then apply them consislenlly: observe Ihe melhod5 and principles in Ihe Charities SORP-. InaKe judgenients aftd esliniates that are reasonable and prudenl". stale whether applicable UK Accounling Slandards have been lollowed. subject lo any malerial depaflures disclosed r1nd explained in the financial slatenienls-. aiid Pfepare the financial statemen15 on the going cOn basi5 unless rt is inappropriate lo presume that Ihe charity will continue in operation. The trustees afe reSponbIe for keeping adequate accounts'ng records Ihal disclose with reasonable accuracy al any linie the financial position of the charity and enable Ihem to ensLire that Ihe financial statements comply with the Companies Acl 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and deteclion of fraud and olher iriegularities. On beliall of Ihe board of Irtislees Mrs C Mehta-Patel Trusiee
I I Ir. ALJGFII f-'niJNI.)A'i ION TRUSTEFS, REPORT (CONTINUFD){IN(:LUDING DIRECTORS, RFPORI-) FOR I'HE YEAR ENDED 31 DECEM13ER 2024 StrLlCtiiro, goveriiance aiid Inanagement The charity is a company limiled by guarantee with no share CaLa1 and is a regislered charily wilh the Charity Commissioii l Registered Nlimber 1107940). Every meinber of Ilie charity undertakes lo conlribule sucli ai)iouiit as may be required Inol exceeding £10} to the charity's assets if il should be wound up while he or she is a meniber or williin one year afler lie or she ceases lo be a member. fof paymenl of the charity s dol)ts and liabilities conlfacled before he or she ceases lo be a niember. and the c051s. chafges and expenses of winding up, and for the adjustment of the fights of the contributleS among Ihen)selves. The Iruslees, wl)o are also the (lireclors for Ihe purpose of the coinpany law. and who setved during Ihe year were.. Mrs N M Melila Mrs C Mehta-Palel Mr M M Mehta The trustees voluntarily provide seNice5 lo the charity and no remuneration is paid lo the tfLisle&s. The organisalion slruclure consist of Iruslees only and the chafily does not have any employees. This report has been prepafed in accordance with the provisions applicable lo companies enlilled lo Ilie small companies regiine. The trLlStees' ieport was appfoved by the Board of Trustees. Mrs (: Molita-Patel Triislee Dated.
Clicirily Reglstraliot) No. 1107940 Company RegislTolion No. 05169164 IEnglai)d and Wales) THEAUGER FOUNDATION I COMPANY LIMITED BY GUARANTEE ANO HAVING NO SHARE CAPITALI ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEPABER 2024 Shenward (London} Limited Charteod Accountants & Business Advisots 1st Floor. Kirkland House 11-15 Peterborough Road Harfow Middlosex HA1 2AX
-rFIF.: AL.JCJER foiJNI)AI'ION LEGAL AND ADMINISTRATIVE INFORIVIATION Trustocs Mr5 N M Mehta Mrs C Mehta-Palel Mr M M Mehla Secretary Mr M M Mehta Gliarity IlLiiiiber IEiiglai7d and Wales) 1107940 Conipany IiLiinber 05169164 Registored office Green Acres 26 Green Lane Walford Herllordshire WD19 4NJ Iiidependent examiner Shenward (London) Limited Charlered Accountants & Business Advisor5 1 sl Floor, Kirkland House 11-15 Peleiborough Road Harrow Middlesex HA12AX
'ri Ir.. AIJCyF.R r.'otJNt)A-I ION TRIJSTEES. REPC)R-I (INCLIJDING DIRECTORS, Rr.poFIi') FOR 7HI YEAR ENDED 31 DECEMBER 2024 The Iruslcos present tl)eir annual report and financial stdtcmenls lor the year ended 31 Deceinber 2024. The financial slatenients have been prepared in accordance will) the accounling policies set OLII 111 nnl@ 1 lo the linaiicial slalemenls aiid coniply with Ilie charity's govefning docuiiieiil. Ihe Con)panies Act 2006 a',Id 'AccoLinling and Reporting by Charilies.. Stalenienl of Recoininended Pfaclice applicable lo cliarilies i)reparing their accoLinls In accordance with tlie Financial Reporting Slandard applicable in Ilie UK and Republic ol Irelan(I (FRS 1021" Tlie cliarity is a Public Benelit E.nlity as defiiied by FRS 102 01)jectives aiid activities The cliarity's objectives and the principal activity lor Ilie year Linder revievi were Ilial of relievuiq sikne.Ss aiid Ilie financial liardship worldwide cind lo advance education and olher religioLI • faiths. The charity is organisp.d so 11)al Ihe trLislee5 meel regularly lo ieview ils affairs. The trustees are al80 ch)'i involved with Ilie day lo day iunning ol Ihe chaiity Achievements and porformance The Iruslees consider that the performan of Ilie chanly has beeii salisfaclory. Tl)e Ii'uslees also feel Ilic?I 11)e charity will conlinlie lo develop and realise Ils objecb've in the following year. Trustees are coiifKlent Ilial Ilioy will be able to raise funds by way of voluntary donations froni well wisliers of the charily. Fiiiaiicial review DLiring the year the charity received donalions of £) 82,461 and Gifi Aid inconie of f.40,196 making gross ii)Cfiine 01 £222,657 The charily donated £236,789 to various chaiilable organisalioii in liiie willi obje.cts of Ilie coi)stilLilion of Ilie charily. -riie 51alemenl ol tlie finaiicial activities of charity sliows a deficii for the year of £15,968 {2023-. Siirplusf 7.0601 aiid reserves of £8,57J12023'. E24,543). The Iruslees would like to lake this opporlunily lo Ihaak all Ihe donors for their siipporl duiiiig the year They are confident Ilial donations froiii Ilie well wshers will contsnue iii the futLire. ResoNes The present level of fuiidin9 IS ddequale lo suppoil Ihe conlinL'alion of the objectives sol oijl li? IhL' charity," goveriiing document and lo cover adminislfalive expenses for the followiiig year. The Iru81ees convider Ilie linar)cial position of the charity lo be salisfaclory. The Iruslees have assessed the major risks lo wliich the ch2rty is exposed. and are satisfied Ihat systems are in place lo miligale exposure lo these risks.
'ri li_ AlJ¢.:4F:f i. il ri()N LON'fEN I'S Pag Tw61aes' repor¥ trleiiieiit of tru51ofys' rebponsibililio,$ Indepe1¢1 fjxaininor's r(Jport siats¥neDI of fin2iicial &Gliw"li&s BBlèJi)ro shoel Notes to tho 11)an141 Statem1$ 7-10
I I11.- AI I(.°LR FOIJNf)AfioN INDEPbNDf.NT EXAIVIINER'S REPOR'I TO THE TRUSI'EES OF THE AUGER FOUNDATION I reporl to Ihe tfLislees (who are also Directors lor the purpose of company law) on my examination of the financial slaleinenls ol -flie Auger FoLindalion {'the cl)afilable company,) for the yeaf ended 31 Decei)Ibef 2023 which coiiiprise Ilie Stalenient of Financial Activilies. the Balan Sheel and retated notes. This report is mado solely lo the charity s Ifustees. as a body. in accordance with section 14) of the Charities Act 2011. My work has been iindertaken so Ilial I might slate lo the charity s Iruslees Iliose niallfrr5 1 required lo slate to them in this reporl and for no other piirpose. To the fiillest extent periiiilted by law. I do not accepi or assume responsibilily lo anyone other than the charity and the charity's liustees as a Ix)dy, for my work. lor this reporl, or for 11)e opinions I have formed. Responsibilltles and basis of report As Ihe IfLislees ol charitable company you are responsible for the preparation of the financial slalenienls in accordance with the reqLiirements of the Companies Acl 2006 ('the 2006 Acl.). klaving satisfied myself that the financial slalenients of Ihe charilable cornpany are nol reqLlifed lo be aLidiled under Parl 16 of Ihe Acl and are eligible for independenl exaininalion. I report in respect of niy exaniinalion of Ihe charitable company's financial 51alenienls carried out under section 145 01 Ihe Charities Act 2011 I'lhe 2011 Acl'l and in carrying out my examination I liave followed all the applicable Directions given by the Cliarity Cominission under section 145(5l<b) ol Ihe 2011 Act Indepeiident examlnor's statement I have completed my exaniinalion. I confirm that iio malerial malters have come lo my atlenlion in connection with the examiiialion giving me cause lo believe Ihal in any malerial respect-. accounting records were not kept in respect of the charitable company as reqiiired by section 386 01 the 2006 Acl-, or Ilie financial slalements do nol accord with those records. 01 Ihe financial statements do nol comply wilh Ilie accoiinling requirements ol section 396 of Ihe ?006 Act other than any requiremenl that the financial statements give a 'true and lair view wliich is 5101 a matler considered a5 parl of an independenl examinalion. 01 the financial stalemenls have not been piepared in accordance with the methods and principles of Ihe Slalemenl of Recoinmended Praclice lor accounting and reporting by charities applicable lo charities preparing Iheii accounts in accordance with Ihe Financial Reporting Standard applicable in Ihe UK and Republic of Ireland IFRS 1021 I have no concerns and have come across no other mallers in connection with the exarninalion ID which 311ention should be drawn in this report In order lo enable a proper understanding of the financial slalemenls lo be reached Mr D P Unarket FCCA Chartered Accounlanls & Business Advisors Shenward (London) Limited 1 st Floor. Kirkland Holise 11-15 Petefborough Road Harrow Middlesex HA1 2AX Dated:
-ri Ib. ALJCJF.R FOIJNI)ATI()N %TATEMFNT or FINANCIAI_ AC'fiviTIES INCLUDING INCOMk AND EXPLNDI"I URE ACCOUNT FOR fHE YEAR ENDED 31 DECEM13ER 2024 2024 20?.3 Unrestricted fiiiids Notes Ii)coine ai (l eiidowments froi Doiialions and volunlaiy conlribulions (yill aid incoime 182,461 40.196 231.464 54,876 Total iiicome ai)d ei)dowiMei)ts 222,657 286,280 eiidit Cliarilable aclivilies.. Donalions 236.789 277.215 Management & Adminisliative expenses 1.836 2,005 Total resources expended 238.625 279,220 Net (expenditure}lincome for the year Fund balances at 1 January 2024 (15.9681 24.543 7,060 17.483 Fiind balaiices at 31 December 2024 8,575 24,543 'rhc slalemp.nl of financial aclivilies also complies with Ihe requirements fof an income and expendilLire accoLinl under Ilie Companies Acl 2006.
T'FI F... AlJGF:i< foiJNf.)A-I'l()N BALANfi- SFIEE'I" AS A T 31 DECEMBER 2024 2024 2023 Notes Ciirreiit assets Debtors Cash al bank and iii hand 5.000 21,013 11.515 11.515 26.013 Creditors.. amounts falling due withli) oiie yoai. {2.940) (1.470) Net ciirre17t assets 8,575 Tlie fiiiids of the charity Unreslricled funds 10 8,575 24,543 8.575 24,543 The company is enlilled to the exemplion from the audit requiremenl contained in section 477 of the Companies Act 2006, for the year ended 31 December 2024. The members have not reqiiired Ihe company lo oblain an audit ol ils financial slaloments for the y ear ii) queslioii in accordancp with soclion 476. The Iruslees, acknowledge Iheir responsibililies lor complying wilh the requirernenls of the Act wilh fespecl lo accounting records and the prepafation of financial slalemenls These financial slalemenls have been prepared in accordance with the provisions applicable lo companies subject lo Ihe sniall companies regime. The financial statements were approved by the trustees on 23191 Mrs C Mehla.Palel Trustee Company registration number 05169164 {England and Wales)
'1"14F. AI.ICF.R fouNI)ATI()N NOTES TO-fFIE FINANLIAL STArlENTs FOR "I"FIE YEAR FND 31 DECEMBfR 2024 Accouiiting policles CoiMI)aiiy ii)forniation The Aliger Foundation is a private cofflpany limited by 9uaraiilee incorporaled in Lnglar)d and Vvales. -rhe regi5tefed off ice is Green Acres. 26 Gieeii Lane, Walford, Hertfordshire. W019 4NJ. 1.1 Accolllltiiig coiiveiitioii These financial slalemenls have been prepafed in accordance wlli FRS 102 'The Financial Reporting Standard applicable iii the UIC and Republic of Ireland" ('FRS 102"). "Accoun15ng and Reporting by Cliayilies Ihe Slateinenl of Recoinmended Practice lor charilies applyiiig FRS 102. Ihe Companies Acl 2006 dnd UK Geiierally Accepted AccoLinling P¥aclice. The charity is a PLiblic Benefil Entity as defined by FRS 102. The finaiicial stalements have been prepared under the historical cosl convention. 1.2 Going coiicern Al the time ol approving Ilie financial slalements, Ilie Iruslees have a reasonable expeclalion that the charily has adeqliate resoLirces to conlinue operalioiial exislence. as well as receivin9 conliniied donations from well wishers. l-trILlS Ilie Ifuslees. continue lo aoopl the going concern basis of accounling in preparing the fiiiancial slalemenls. 1.3 Charitable funds Unreslricled funds are available for use al the discretion of Ihe trustees in furtheiance of Ihe charily's objectives. 1.4 Iiicoiiiii)g resoui'ces Iiicome is recognised wlieii the charity Is legally oiililled lo il after aiiy perfofmance condilions have been Inel, the ainoiinls can be measLired reliably. and il is probable Ihal income will be received. The donalions are recognised once the chafily has been nolilied of the donation, unless performance Gondilions require defeTral of the amounl. Income lax recovefable in felation lo donations received under Gifl Aid or deeds of covenant is recognised at the time of the donation. 1.5 Resources expended Expenditure is recognised once there is a legal or conslruclive obligation to Iransfer economic benelil lo a third party, it is probable Ihal a transfer of economic benefrts wi51 be required in settlement. and the amoiinl ol the obligalion can be measured feliably. Expendilure is classified by aclivily The cosls of each activity are made up of the total of direct costs and shared costs. including support costs involved in undertaking each aclivily. Direct costs allribulable lo a single aclivily are allocated directl/ lo thal activity. Shared costs which contribute lo more than one activity and support costs which are not atlribulable lo a single activity are apportioned between Ihose activities on a basis consislenl wilh the use ol resources. Central staft costs are allocated on the basis of lime spent, and depreciation charges are allocated on the porlion ol Ihe asset's use. Any cos15 which cannot be specifically identiliea to another functional activity ol the charity are included in the management and administrative expenses. 1.6 Cash and cash equivalents Cash and cash equivalents Include cash al bank.
1'14E Al.Jcr.R fouNI)A'l'lOhJ NOTES I"0 I'FIE fiNANCIAI STATEMI.NI'S (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 AccoLllltliig policies Icoiitiiiiiedl 1.7 1:liiancial inslriiinents The chartY has elected lo apply the provisions of Sectioii 11 'Basic Fiiiaiicial Inslrumenls, and Section 12 'Olher Financial In51iun7enls 15sues' of FRS 102 to all ol its financial in51runienls. Financial instruments are recognised in Ihe charity's balance sheel wlien Ihe charity becoines party lo Ilie conlraclual provisions of Ihe inslrumenl. Financial assets and liabilities are offset. wilh the net amoiinls presenled in the financial slaleillenls, wlien there is a legally enforceable right lo sel off the recognised amotinls and there is an inlenlion lo sellle on d iiel basis or lo realise the asset and settle the liability simLiltai)eously. Basic fiiiancial liabilities Expense creditors are obligations to pay for seNices that have been acquired iii the ordinary coiirse ol opefalions from service providefs. 1.8 Taxatloii No corporation lax has been provided in these accounts. The trustees believe Ihal the income and gains of the charity are exempt. Critical accountlng estlmates and judgements In the application of Ihe charity's accounting policies, the truslees are required to make jtidgemenls, and assuniplions about the carrying amoLinl of assets and liabilities that are not readily apparent from other sources. The assumptions are based on histoiical experience and ollier faclofs Ihal are coiisidered lo l)e relevant. Triistees None of the IrLislees lor any persons connected wlli Ihem) received any mlIneratiOn or benefits Ironi the charity dLiring the year. Employees There were no employees during Ilie year. Management & Administrative expenses Total 2024 Total 2023 Legal and professional fes Accountancy fees Bank charges Sundry expeneses 211 1.470 120 35 236 1,470 195 104 1.836 2.005 Taxation The charily Is exempl from taxation on ils activilies because all its incorne is applied for charitable pLirp05es.
'I'Fir,' Al,l(.-.IF.11 I-"OIJNIIATIQN NO'fES TO THE I-INANCIAL STATEMENTS (CONTINUED) FOR I'HE YEAR E-NDED 31 DECEMBER 2024 Debtors 20?.4 Aiiiouiits falliiig diie withiii one year: Prppaymenls and accrued income 5.000 Credltors: amollllts falling due withii) one year 2024 2023 Accruals and deferred income 2,940 1,470 Aiialysis of net assets between funds Total Fund balances al 31 Decefflber 2024 are represented by: Casli al bank Provisioiis 11,Jf15 (2.9401 6.575 2024 ?.023 SurplLisIIDelicill for Ilie financial year 115.9681 7.060 Opening ILinds 24.543 17.483 8.575 24,543 10 Unrestricted funds The unreslricled funds of the charity comprise the unexpended balances of donations and grants which are not Siibjecl lo specific conditions by donors and grantors as lo how they may be used. These incliide designated funds which have been sel aside out of unrestricted funds by the Iruslees for specific purposes. At 1 January 2024 Incoming resources Resoiircos expended At31 December 2024 General funds 24,543 222,657 (238.6251 8,575
"ri IE,, AIJCJkv.R I:OIJNI)A-fioN NOI'ES TO THE fiNANCIAL STATEIVIF.NTS (LONTINIJED) FOR THE YEAR ENDED 31 DECEMBFR 2024 10 Unrestrlcted fiiiids ICoiitiiiiied} Previous yeai-: Al 1 January 2023 Incoiiiiiig resources Resourccs exi)eiided At31 Oecoii)bei' General fuiids 17.483 286.280 {279.2201 24.543 11 Related party traiisactions I'ransaclions with related parties Duriiig the year, Mrs N M Mehta. Iruslee. donaled £5.000 (2023- £19.000> lo the cliarily wtlhoul aiiy conditions allaclied lo Ilie donation. 12 Ai)alysis of changes in nel funds The chaiily had no material debt during the year. 10-
"lic AuxL'r Tr'uuiiil<ltion GI'CL'II AI I'cs 26 Cjrceii l.ane H ei'tfui"clsliire 11:1)19 411. 14 WL Lc)i) liiiii Ilial ive li¢iVC iio plaii.g ()i' iiilLiilioii% Ilial iiiay lii<il¢ri¢ill!: ill leLi IIIL Cill'ri'iiig VcilLlC oi. clqc ssiIiLiltioii ol" assels aiid li2¢ bililies rellcctcd iii tlic tlllcgiicial .stc?tciiiciil%. 15 We have reviewed the affairs of the charity and confirm that no income is subject to income or capital gains tax. 16 DLlI-iiig' Ilie I'eill., Mrs N M Mcliia: liu.slcc doiiatccl £5:000 (2023-£1 g.Q(10) lo iIIL Lliai'il)i M'jilioiil clll!. LC)iidili011s allÉlLlied lo IhL' doiicilioii. YDiii'.s fi2itlilLIll)' qoLV, Mi's N M Melita .%igiicd oli bc111c Il" of ilic boai-d of ti-iistccs ReLtrisleiYd a(IdrL%s: Gi'eL'lI ALfL%, 26 (yrccii l.ane: Illal£or(I: Hei-lloi-dsliii'c: IVD19 4NJ Coini)cliiy Ilegi.stl'£ltioii INO.. Oi169164 Cliai-ity Re&Fistratioii No. 1107940
C.IMrity RoglstiatloiTr No. 'IllllY40 'OIIIP¥ltty Roglstratlori No, 08.169164 aiitl VV81osJ TI.IF AUGkR FOUNOATION I CON4PANY UMITEIJ BY SUARANfEEANP HAillNG NO SI4AFIE CAPITALJ NNIJAL REPORT Ah]D VblAUDITEO FINANCIAL STATEllnEp¥r8 FOR THE. YEAII ENDED 31 DEtsUl8b.N 2L¥24 Shonward ILoiidon} LlIHliv£l Ch41'184kd Accountants & Biislne88 Arlvl&org 191 Flooi.. Kirkland Hou8Q 11-15 Pel&tharo(wh Road H•¥iDw Mlddlèsox HAI 2AX
-rHE AIJ(?l-_'R F.'OIJNI)A I-ION LEGAL ANI) ADMINISTRATIVE INFOI<MATION Trustees Mrs N M Mehla Mrs C Mehta-Palel Mi M M Mehta Secretary Mr M M Mehta Charity nuinbor (Englaiid and Wales) 1107940 Company iiiiinber 05169164 Registered ofllce Green Acies 26 Green Lane Watford Herlfordshire WD19 4NJ Iiidependeiit exainiiier Shenward (London) Limiled Chartered Accountants & 8usiness Advisofs I sl Floor, Kirkland HoL*se 11-15 Pelerborough Road Harrow Middlesex HA12AX
'I'kir,. AIJCfjl. 141.'()IJNIIJA i'lC)N LONTfN"rs Ti'ustees, report 8taleingiit of lyusieos, r¢Bponslbilllie8 Independenl ex%1 Iiiinei s reporl Statstiieiil ol fiii¥4nLi818Ctlvltlo, l3tilanc,u slie¢¥l Notes to Ihe financlal trtateireNIs 7-10
TklL IIU(iER foiJNI)A'IION TRLJS'I'EIS, Rf.PORT (INCLUDING DIRECTORS, REPORT) roR THE YEAR END&D 31 DECEMBER 2024 The trLlStees present Ilieir annual repoil and financial slalemenls for the year ended 31 December 2024. Tlie findncial slalements have beeii prepared in accordance wilh Ilie accounting policies sel oiit in iiole 1 to the finaiici¢il slatenienls and comply wilh 117e charily's governing docunienl. Ilie Companies Act 2006 aiid "Accounting aiid Reporliiig by Chaiilies-. Slatemenl of Recofflmended Praclice applicable lo charilies preparing their accoLinls in accordance willi the Financial Repoiting SLindard applicable in Ihe UK and Republic ol Ireland IFRS 1021" Tlie charily is a Piib5ic Benefit Enlily as defined by FRS 102. Objectives and activities The charity's objectives and the principal aclivily for the year linder review ivere that of relieving sickness and Ilie financial hardship worldwide and lo advance ediicalion and olher religious faiths. Tlie charity is organised so Ilial the Iiuslees meel regularly to review ils affairs. The Iruslees are also closely involved with the day lo day running of the charity. Achievements and performaiice The Iruslees consider that the perforniance of the charily has been salisfaclory. The Iiustees also leel Ilial tlie charity will conlinlie lo develop and realise ils objective In Ihe following year_ Trustees are confident Ihal they will be able lo raise funds by way ol voluntary donations from well wishers of the charity_ Financial review During the year the chaTily received donations of £182,461 and Gift Aid income of E40.19G niaking gross incomo of £222,657. The ch3rily donated £236.789 to various charitable organisalion in line with objects ol the conslilulion of the charily. Tlie slalement of the financial aclivities of cliarily sliows a delicil for the year of F1 Jf,968 {2023'. Surplusf 7.0601 aiid resefves of £8. Jf7512023.' £24,543) The Iriislees would like lo lake this opportunity to thank all the donors for their supporl during Ihe year. They are confident that donations froni the well wishers will continue Ir7 the fiilure. Reserves The present level of funding is adequate to support the conlinualion of the objectives set out in the tharily's governing document and lo cover administrative expenses for the following year The Iruslees consider the financial PDsilion of the charity lo be salisfaclory. The Iruslees have assessed the major risk5 to which the charity is exposed, and are satisfied Ihal systems ale in place lo miligale exposure lo these risks.
'I'HF:. AIJGkf4 tr:()IJNDA-I"ION TRUS"fEES' REI)ORT (CONTINUED)(INCLUDING DIRECTORS. RFPOR'I.) FOR TIIE YEAR ENDED 31 DECE-MBER 2024 Striicture, goveri7ance and management The charily is a conipany liniiled by guaianlee with no share caiylal and is a registefed charily willi the Charity Cornmissiori { Registered Nuinber 11079401. Evely nieinber ol Ihe charity undertakes lo conlribule SULli aiiiounl as Inay be requiied Inol exceeding £10) lo the cl)arily'S assets If il should be wound up while he or she 15 a nieniber or within one year after he or she ceases lo be a member. for paymenl of the charity's debts and liabilities contracted before he or she ceases lo be a merriber. and 11)e cosls. charges and expenses of winding p, and for the adjuslinenl of the riglils of Ihe contribuloiies among Ihemselves. The IrLislees, wlio are also Ihe direclofs for the PLirpose of the company law. and who served during the year were.. Mrs N M Melita Mrs C Mehla-Palel Mr M M Mehta The Iriislees voluntarily provide services lo Ihe charity and no remlineralion is paid lo the Iruslees. Tl)e organisalion slrLiclure consisl of Iruslees only and Ihe charity does not liave any employees. This repofl has been prepared in accordance wilh Ihe wovtsions applicable to companies entitled lo the small companies regime. The Irustees. report was approved by the Board of Trustees. Mrs C Mehta-Patel Trustee
'rHf. ALJ(yb.ri lry()UNf)A"ri()N STA-fFtVlkNT OF TRUSTEES, RESPUNSIIIILI"riEs FOR THf YEAR ENDED 31 DECEMBER 2024 The Iruslees, who are a150 the directors of The ALiger Foundation for the purpose of company law, are responsible for preparing tlie Trustees, Report and the finaiicial statenienls iii accordance with applicable law and Uniled Kingdom Accounting Standards (United Kingdoni Generally Accepted Accounting Practice). Compaiiy law requires the Iruslees lo prepare financial statements for each finanaal year which give a true and fair view of the slate of affairs of the charily and of Ihe incoming resources and application of wesources. including Ilie incoine and expendilbre. of the charitable compaiiy for that year. In prepaiing Iliese finaiicial slalements. Ihe Iruslees afe reqliired lo.. select suitable accounting policies and then apply them consislenlly; observe the methods and principles in the Charities SORP: make jLidgemenls and eslimales that are reasonable and pfudenl., state whetlier applicable UK Accounting Standards have been followed, siibject to any matefial departures disclosed and explained in the financial slalements.. and prepare the linancial statements on the going concern basis unless il is inappropriate to Presume that the charity will conliiiue in operation. The Iruslees are responsible lor keeping adequate accounting records that disclose wlh reasonable accuracy al any lime the fi'nancial position of the cliarity arid eiiable Ihem to ensure that the financial slalements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Oli l)eliall ol Ilie board of IrLlStees Mrs C Mehta-Patel TrLtslee
'rHE AIJCyl'R fouNIJA"I-ION INf)EF?ENDENT FXAMINER'S RkPORT TO THE TRUSTEES OF THE AUGER FOUNDATION I report lo Ilie Iruslees (wlio are also Directors for the purpose of company law) on my examination of the linaiicial slalemenls ol I he Aliger Foundation {'Ihe charitable company'l for the year ended 31 December 2023 which cornpi'ise the Slalemenl ol Financial Aclivilies. the Balance Sheet and related notes. This report is made solely lo Ilie charity s Ifustees, as a b(xly, in accordar)ce willi section 14J ol tlie Cliaiilies Acl 2011. My work lias been uiiderlaken so Ihal I niighl stale lo Ihe charity s Iruslees those mallers l roquired lo slate lo tliem in this Tepoil and for no olher purpose. To tlie fLillesl exlenl permitted by law. I do nol accepl or assume respoiisibilily lo aiiyone other than the charily and the charity's Iruslees as a body, for niy work. for this report. or for the opiiiions I have formed. Responsibllitles and basis of report As Ihe Iiuslees of chafilable company y(iu are responsible foT the pieparatson of tl)e financial slaleiiienls in accordance wilh the reqLiiremenls of the Companies AGI 2006 ('Ihe 2006 Act,) Having satisfied myself Ihal the financial slalen)enls of the charilable compaiiy are not required lo be audited under Parl 16 of the Act and are eligible lor independent examinalion. I report in respect of my exaininalion of the cliarilable company's financial slalemenls carried out under section 145 of the Cl)8rilies Act 2011 ('Ilie 2011 Acl'l and in carrying out my examinalion I have followed all the applicable Dircclions given by the Chaiily Conimission Linder section 14515)Ibl of the 2011 Act. Iiidependent examiner's statement I have completed my exaniinalion. I confirm Ihal no material malters have come to my altenlion in connection with Ihe exaininalion giving me caiise lo believe Ihal any malerial respect". accounting records were not kepi in respect of the charitable company as reqiiired by section 386 of the 2006 Act.. or the financial slalemenls do not accord wilh Ihose records.. or the Iinancial 51aleinenls do not con)ply wilh Ilie accounting requirements of seclion 396 of the ?006 Act other than any reqLiirement that the financial slatemenls give a 'lrue and fair view which is nol a matter considered as parl of an independent examiiialion.. OT the financial statements have not been prepared in accordance with the methods and principles of the Statement ol Recommended Practice lor accounling and reporting by charities applicable lo charities preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102). I have no concems and have come acioss no olher mailers in connèclion with the examinalion lo which 8ltenlion should be drawn in this report in order lo enable a proper understanding of the financial slalements lo be reached Mr D P Unarkel FCCA Chartered Accountants & Business Advisors Shenward (London) Limited 151 Floor, Kirkland House 11-15 Pelerborough Road Harrow Middlesex HA12AX Dated:
i-l Ir. AU(il."R F()IJNDA I I()IN STATF.MfNT OF FINANCIAL A(:TIVI"I"IES INCLUDING INCOIVIE AND EXPENDITURE ACCOUNT FOR 'I-HE YEAR ENDED 31 DFCIMBER 2024 2024 2023 ISnrestricted f uiids Notes Iiicoine and endo me tsf Doiiations and volunlary contributions Gift aid inconie 182.461 40,196 231,464 54,816 222,657 286.280 I"otal income and endowments Exi)enditiire on: Cliclrilable aclivilies: Donalions 236.789 277,215 Managefflenl & Administralive expenses 1,836 2.005 Total resoiirces expended 238,625 279.220 Net lexpeiiditiirellincoine for the year Fund balances at 1 January 2024 115,968) 24.543 7,060 17,483 Fund balaiices at 31 December 202.4 8.575 24,543 The slalenienl of financial activities also complies with Ihe requirements for an income and expenditure accotinl Linder Ilie Conipaiiies Acl 2006_
I'IIE AIJGk-:R foiJNt)ATION BALANCE SklEET AS A7" J1 DECEMBER 2024 2024 2023 Notes Current assets Debtors Cash al bank and in hand 5,000 21,013 11.515 11,515 26,013 Credltors.. ainoiints lalling due within oiie year (2.940} (1,4701 Net current assets 8,575 24,543 The fui)(Is of the charlty Unreslricled ftinds 10 8.575 24,543 8.575 24,543 The company is enlitled lo the exemplion from the audil requiremenl contained in seclion 477 of Ilie Companies Act 2006, lor the year ended 31 Deceml)er 2024. The meii)ber8 have not rpquired Ihe company lo oblain an audil ol ils liiiancial slaleinenls for the year in question in accordance with seclion 476, The Iruslees, acknowledge their iesponsibililies for complying with the requirements of the Act with respect to accounling iecords and the prepafalion of financial statements These financial statements have been prepared in accordance with the provisions applicable to companies subject lo the sniall companies reginie. The financial slalemenls were approved by the trustees on Mrs C Mehla-Palel Trustee Company registration number 05169164 {England and Wales)
I'HF AUC.ryf.Fl r()UNI)A"fioN NOTES TO I'FIL fiNANC:IAI. STATEMENTS FOR TPIE YEAR ENDED 31 DECEMBIR 2024 Accounting policies Coiiipany iiiformatioii The Auger Foiii)dalioii is a private company limited by guarantee incorporated in England and Wales. The regislered office 15 Green Acres. 26 Green Laiie. Watford. Herlfordshire. WD19 4NJ. 1.1 Accoiiiitirig coiiveiili017 These financial slalenienls have been prepared in accordance with FRS 102 'The Financial Reparling Standard applicable in the UK and Republic of Ireland" I'FRS 102.1. 'Accounling and Reporting by Charities" the Slalement ol Recommended Practice lor charilies applying FRS 102. the Companies Act 2006 and UK Genera15y Accepted Accounling Practice. The charity is a Public Benefit Entity as defined by FRS 102. The financial stalemeiils have been prepared under the historical cosl convenlion. 1.2 Going coiicern Al the lime ol approving the financial slalemenls. Ihe Iiuslees have a feasonable expeclalion that Ihe charity has adequate iesources lo continue operational exislence. as well as receiving continued donations from well wishers. Tlius 15ie Iiuslees. conlinue lo adopt the going concern ba515 of accounting in pieparing Ilie Iinancial slalements. 1.3 Charitable funds Unreslricled fLinds are available for use al the discretion of the Iruslees in furtherance of the cliarily's objectives. 1.4 Incoiniiig resoui'ces Iiiconie is recogiiised when Ilie charity is legally enlilled lo il after any pcrformanco condilions have been mel, the amounts can be measured ieliabty. and il is Pfobable that income will be received. The donations afe recognised once Ihe charity has been notified of Ihe donation. unless performance conditions require deferral of the amount. Income lax recoveiable in relation to donation5 received undef Gift Aid or deeds of covenant is recognised al Ihe lime of the donation. 1.5 Resources expended Expenditure 15 recognised once there is a legal or conslruclive obligation lo Iransler economic benefit to a third party. il is probable that a transfer of economic benefits will be required in settlement, and tlie amoLinl of the obligation Can be measured reliably. Expenditure is dassified by aclivity_ The costs of each actiwly are made up ol the lolal of direcl cos15 and shared costs, including support costs involved in undertaking each activity. Direct costs allribulable lo a single activity are allocated directly lo Ihal activity Shared costs which conlribute to more than one aclivily and support costs which are nol allribulable lo a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff cosls afe allocated on the basis of Iinie spent. and depreciation charges are allocated on the poilion of the asset's use. Any costs which cannot be specifically idenlilied to anothei funclional activity of the charily are included in the management and adn)inistfalive expenses. 1.6 Cash and cash equivalents Cash and cash equivalents include cash al bank.
'1'14P.' IIIIC3k-.r< i-.oiJhii)A'fic)N NC)TFS 'I'C) I'klk I-INANCIAL STATEMCN'fs (CONTINUED) FOR THE YEAR FNL)EU 31 DECEMBFR 2024 Accouiitiiig policies Icontiiiiiedl 1.7 1-'iiiancial iiistriiineiits "l-lie cliarily lia5 elected lo apply the provisioiis of Seclioii 11 'Basic fiiiancial Ii)slrunienls' and Section 12 'Oll)er Financial Inslrui?ienls155ue5' of FRO 102 lo all ol i'.s financid iDslniinenls. Financial inslriiiiienlts are recognised iii the cliariiy's balanLe sl)eel vAien the charilij bcr.onies party lo Ilie cuiilraclual provioions of the inslfuinenl. Finaiicial assels and liabilities afe offset, with the net amoiinls presenled in Ilie fiiiafif*i81-Icilen)piilv, when Ihere is a legally eiiforc•able fight lo sel off Ilie rer.o(Iiiise.(l amoLinls Ic lid Ihere is an inlenlioii lo sellle oli a nel basis or to fealise Ihe asset and sellle Ihe liability siiiiiillanc.oLisIv Basic fiiiaiicial liabilifies Ixpeiise creditors are ol)ligalions lo pay for setvices Ihal have beei"i acquired in the ordinafy course of operations Ironi SeiCe providers_ 1.11 Taxation No corporation lax nas been provided in these accoiinls The IILislees believe Ih£Jl Ihp. income and gains ol the Gharily are exeip1. Critical accounting estimates and Jiidgements In the application ol the charity's accounting policies. tlie triistees arp reqiiired la niake i(IdgeiMenls, arid assumptions about the carrying amount of assets and liabililies Ihal are not feadily appareril froi?i other sources. l-he asSLimpiions are based 011 17iStoiical experience and ollief factors that .?re coiisidpred lo be relevcllll. I rLislees None ol the triislees {or any persons coniiecled willi them) (eceived any remuneratiun Of benefits fi.om the charily during the year Einployees Tliere wLire no oinployees during the year. Maiiagement & Administrative expenses Total ?.024 Total 2023 Legal and professional fes Accoiinlaiicy fee5 Bank charges Sundry expeiieses 211 1,470 120 236 7,470 195 104 1,836 2,005 Taxatlon The charity is exempt from laxalion on its activities becaiise all its income is applied for charitable purposes.
'I'FIF. ALJ(yl-:11 l=nlJNI")AI'I()N NOTIS TO 'I'I-Ik FINANCIAL s'fATF.IVIENTS P:ONI"INUEI)) FOR THE YEAR ENDED .71 DECEMBER 2024 Debtors Z024 2.0?.3 Ainounts falling due williin one year: Prepayments and accrued sriconie 5,000 Cre(Iltors: amoiiiits falliiig due within one year 2024 2023 AccrLials and delerred income 2,940 1,470 Analysis of net asset5 belwoen fiinds Total FLind balances at 31 December 2024 are represented by-. Cash at bank Piovisions 11.515 {2.940) 2024 2023 SLirplusllDeficil} for the linancial yeaf 115,968) 7,060 Opening fLinds 24.543 17.483 8.575 24.543 10 Unrestricted funds The unreslricled funds of Ilie charily comprise the unexpended balances of donations and granls which are not subject lo specific conditions by donors and grantors as lo how they may be used. These inclLide designated fiinds which have been sel aside out of unreslricled funds by the Iruslees for specific purposes. At31 December 2024 At 1 January 2024 Incoming resources Resources expended General ftinds 24,543 222.657 (238.625} 8.575
I HF. AIJC.)F.-:14 FwOLINIIA-I'I()N NOTkS l o "fHk klNANCIAL s"fA"I'klVIENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 10 Unrestrlcted fiinds ICoiitliiLiedl Previoiis year- At 1 January 2023 Incoining resources Resources expeiided At31 Deceinber 2023 Generas lun(Is 17.483 286.280 1279.220) 24,543 11 Related party transactions Trai)saclions with related parties During the year, Mrs N M Mohla. Iruslee, donated £5.000 {2023- £19.000) lo the charily wilhoul any conditions attached lo the donation. 12 Aiialysis of changes In net fiinds The chaiity had no fflalerial debt diiring the year. 10-
'lie iliikyer Tr"ouncl<ltion Grei'ii AL I'cs 26 CJI'CCII l.ane M.'Atforcl Hci'tfur(Isli ire IVI)IC) 4P*,E 14 We cc)11 lii'iii Ilial Kve liavc ilo i)11l11S or iiitciilii)11s ih<il Iiitlj Ill<ileriiill)' <1 IleLI IIIL caj-i-iiiiig Viiltic oi. cldssifticcilioii 01. 1¢ ssels ciiid l ic1bilities IEflccicd iii Ilic tlllctiicial .stiilciiieiil.%. We have reviewed the affairs of the charity and confirm that no income is subject to income or capital gains tax. 16 Diii'iiig, Ilie l'ear. Mi-s N: M fvlclita: Ii'LlStec doiiatcd £i.000 (2023-£ I C).o(JO I to tliL' chi2ritit Mijilioiil ani, LC)iidili011s allclLli¢d to IIIL" JoRi<ilioii. Yoiii'.s faiilifiil l) MrsNM elil&l %igiicd oli bLli<11 t" ot" ilie l)OEl1-d of iriislccs RegJisleiYd aLldrLss: CJl-L'¢ii Acres: 26 Circcii l.aiic, W<ltlord: Hei-lloi-dsliire. IVD19 4NJ Caiiii)aiiy Rcgi%ti'alion No: Oi169164 Cliai'iiy Regiisli'ati()11 No. 1107940