Registration number 1108383 NIAZ FOUNDATION Financial Statements For the year ended 31 March 2025
NIAZ FOUNDATION Legal and administrative Information Charity Number 1108383 Business Address 96 Thornton Road London SW12 OLL Accounlants Coreacc Ltd l Nicoll way Borehamwood Hertfordshirc WD6 2PP Trustees Muneeza Niazi Hassan Khan Bashir Karim Hassan Akhiar Niazi Mr Mohammed Ayaz Niazi Imran Khan Bankers Barclays Bank plc
NIAZ FOUNDATION Contents Page Statement of Trustees Responsibility Accountants, report Profit and loss account Balance sheet
Statement of Trustees, ResponsibilRties The trustees are responsible for prcparing the trustee annual financial report in accordance to the applicable law of United Kingdom generally acceptable accounting practice. Charity law r¢quires the trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs and profit and loss of the Charity for that period. In preparing these accounts, the trustees are Tequired to: _ -select Suitable accounting policies and then apply them consistently. -make adjustments and estimates that are reasonable and prudent. -Prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and to enabl¢ them to ensure that the accounts comply with the Charities Acts. 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. The trustees confirni that the accounts comply with current statutory requirements and those of Charity's trust deed. Approved by the Board of Trustees And SRgned on behalf of Board Mohammed Ayaz Niazi Trustee Page 4
Independent examiner's report to the Trustees on the unaudited fmancial Statements of Niaz Foundation. I report on the accounts of Niaz Foundation for the year ended 31" March 2025 set out on pages 6 to Respective Responsibilities of trustees and indepelldent examiner The Charity's trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 43(2) of the Charity Act 1993(the Act) as amended by the section 28 of the Charity Act 2006 and that independent examination is iieeded. It is my responsibility to examine the accounts under section 43(3) of the Act, as amended, to follow the procedures laid down in the General Direction given by the Charity Commission under section 43(7)(b) of the Act, as amended, and to state whether particular matters have come to my attention. Basis of Independent Examiners Statement My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a Comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'trne and fair view, and the report is limited to those matters set out in the statement below. Independent Examiners Statement In connection with my examination, no matter has come to my attention: To which my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Corecc Limited Chartered Certified Accountants Independent Examiner Page 5
Statement of Financial Activities For Year Ended 31 March 2025 2025 2024 Total Donations 42,147 28,000 Resources Expended Wages & Salaries 10,099 9,661 Utilities 425 440 Computer Bureau cost 144 Bank Charges 40 67 Repair & Maintenance 5,679 1,828 Printing,Postage and Stationery 188 81 Transport and Motor Runing Expenses 6,496 2,761 Accoutancy 400 400 Sundries expenses 231 470 Donation and Food 4,812 7,942 Depreciation 2,606 780 Total resources expended 30,977 24,574 Net Incomefor the year 11,171 3,426 Page 6
NIAZ FOUNDATION Balance sheet As at 31 March 2025 2025 2024 Fixed Assets Tangible assets 14,630 4,236 Current assets Cash at bank and in hand 203,524 203,524 203,524 203,524 Net currents assets 203,524 203,524 Total assets less current Liabilities Accrual 218,154 207,760 400 Net assets 217,754 207,760 Reserve Fund 206,584 203,158 Net Income 11,171 3,426 Total funds 217,755 206,584 Page 7