H.E.A.T. FOUNDATION LTD Company Registration Number 5342902 (England and Wales) Charity number l 110077 Report of the Trnstees and Unaudited Financial Statements for the year ended 31 March 2025
CHARrrY INFORMATION FOR PERIOD EIYDED 31 MARCH 2025 BOARD OF TRUSTEES: MrlArif Mr R Khan Mr A Zakria Mr U M Shariff Miss R M Smith (18110125) COMPANY SECRETARY Mru Shariff REGISTERED OFFICE: 36 King George Close Sunbury on Thames Middlesex TW16 7NW COMPANY REGISTERED NUMBER: $342902 REGISTERED CHARITY NUMBER: 1110077 BANKERS: HSBC Bank PIC 127 High Street Hounsloiv TW3 IQP INDEPENDENT EXAMINER Syon Associates Business & Tax Advisers 6 Portland Business Centre Datchet Berkshire SIJ 9EG
CONTENfs OF THE FINANCIAL STATEMENTS FOR PERIOD ENDED 31 MARCH 2025 Page Tntee5 report 14 Independent examiners, report &6 Statement of financial activities Balance sheet &9 Notes to the financial statements
Page I Report of the trustees for the year ended 31 March 2025 The trustees present their report Ydnd the finydllciydl statements for the year ended 31" March 2025 References and administrative inforniation The H.E.A.T Foundatton Ltd is a Charitable Incorporated (kganisation restered with Charity Commission under number 1110077. The registered office of H.E.A.T Foundation 15 at 36. King Gcorgc Close. Sunbury on Thames, TWI6 7NW. Structure, governance and management! Governing Document The H.E.A.T Foundation Ltd is a Charitable Incorporated Organisation incorporated in UK and regist¢r¢d as a charity. The charitable organisats'on was established under the constt'tuts'on which established the objects. powers. rules & regulations of the Charitable Incorporated OrganAsats'on. Board of Trustee5 The trustees meet every three month and as and when required to make decisions concerningi the running of the charity. The board is responsible for safeguarth'ng the assets of charity including taking all reasonable steps for the pr¢vention and delects'on of fraud and other irregularities and to provide reasonable assurance that.. It is operating efficiently and effectively. Proper records are maintained and financial information internally or for publicats'on are reliable. It complies with relevant laws and regulations. Trustees Remuneration and expenses No member of trustees received any remunerats'on or expenses during the year. UK nmning cost of th¢ charity were paid by the trustees and shown in account as donations in kind. Recrnitment, induction and training of trustee N¢w trustees will be recruited by: Reconimendation from existing Board membcr or trustees A prospective trustee will be invited to a meeting with existing Board member to discuss suitability for a trustee role. Background to the charity is glven so they fully understand the charity aims and objectives. They arc also infornied of the responsibilits'es of the trustee and are referred to the guidance provided by the Charity Commission, before they are offered the POSAtion and if they accept than they are appolnted as a truste¢ and also as a director. On appointment to the board a Trnstee Declaration forni is signed
Page 2 A new trustee will be Ven access to the chlty governing doGillnenL accounts and financial infotmation, policies and any other inforniats'on which explains how charity works. Objectives and activities The object of the Charity is to promote any charitable pUr}seS for the benefit of the community in Asia, with projects in India and Pakistan and in particular th¢ advancement of Health. Education and Training for the relief of poverty. distress and sickness, and in furtherance of the said purpose to womote and organise CO•operats'on in the achievement of the same and to t end to bring together rq)rescntatives of die voluntary organisations and statutory authorities within the area. We work with local schools and societies to provide education and training for 703 poor children in five cducatsonal centres. Two in India and three in Pakistan. Achievements and perfornianee The H.E.A.T. Foundats'on continue with their support as the school converted from Urdu to English Medium under the new name of Vaniyambadi Global School with currently 175 children. We are ContinulY pliasing out the original Urdu Meth'urn School. The H.E.A.T. Foundation continue to provide full financial support to Holy Faith School based in India, with 202 children. The scliool is now financed tlirough Jesus Loves Welfare and Full Gospel Ministiies who hold the FCRA certificate. allowing th¢m to accept overse&8 donations. The H.E.A.T. Foundation Continues to provide financial support by paying fees for the education of 114 cliildren in Spring Publlc School b&8ed in Mansehra. Pakistan including providing other appToved equipment. Spring Public School is also running a day education centre nearby for the very poor childrcn providing basic cducation for 65 wotkn'ng children. The H.E.A.T. Foundation also sets aside a disaster relief fund to help poor surroun<b'ng community during crises, the fid w&$ utilised for food distribution during recent flooding as they had devastating effects in the area by the loss of life and employment.
Page 3 Financial review The charity total income for the year ended 31" March 2025 was £38,302 (£27,406) which included donation in kind of £1,296 (£287) This year income has increased by 400/0 (21 /0) thie to income generated from charity walk and other fund-raising initiatives. Reserve Policy The charity has a commitment to build meaningful reserve and will set up appropriate amount for specific pToJcct as rcquired. Th¢ board arc aware of the need to build and retain charity's reserves of £100,000. and only take on new projects without effecting the base reserve. It has also set aside £4,000 year as disasters rclicf fund for use in times of emergency is included in the bank current balance is £17.639. Both reserves are being maintained within the main bank accounL however adth'tional bank account with CAF bank liave been set up to ensure that no single bank balance exceeds the bank guarantee of £85.000. Risk management The tsustees have a duty to identify and reviw the risks to which the charity is exposed and to ensure appropriate controls are in plaLz to provide reasonabl¢ assurance agwnst fraud and error. Trustees have a duty to fully comply with the General Data Protection Regulation 2}rc1679 in May 2018. to ensure that the charity complies with its legal obligations and appropriately protects its stakeholders, personal infonnation and privacy at all levels of operation. Statement of the trnstees, responsibilities The trustees are responsible for preparinby the annual report and the financial ststement in accordance with applicable law and United Kingdom Generally Acccpted Accounting Practice Law applicable to charits.es in England and Wales requires the trustecs to prepare financial statement for each flnancial year whith gives true and fair view of the charity's financial activities during the year and of its financial position at the end of the year. In preparing financial statements giving true and fair view. the trustees are required to: select suitable accounting poli¢ies and thcn apply them consistently. n)ake judgements and estimates that are re&gonable and prudent and prepare the fjnancial statements on the going concern basis unless it is inappropriate to prcsume that the charity will continue in operation. The tnteeS are responsible for keeping woper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable thcm to ensure that the financial statement comply with the Chariti&s Act 2011. They are also.
Page 4 responsible for safeguarthng the &ssets of the charity and hence for taking reasonable steps for the prevention and detecticrf] of fraud and other irregularities. This report h&s been prepared in accordance with the special provision of Part 15 of the Company Act 2006 relating to small compani¢s. Signed on behalf of the board on 2025 11 /zoLS Date Mr Adani Zakria Trustee
Page S Independent examiner's report to tbe trustees of H.E.A.T Foundation Ltd I report on the accounts of H.EA.T Foundation Ltd for the year ended 31st March 2025, which are set out on pages 7 to 11. This report is made solely to the trustees, as a body. in accordance with section 154 of the Charities Act 2011 (the 2011 Act). My work h&g been undertaken so that I might stat¢ to the charity's trustees those matters I am rcquircd io state to them in an independenl examiner's report and for no other purpose. To the fullest extent pennitted by law, I do not accept or assume responsibility to anyone other than the charity and tlje cl)arity's vstces, as a body, for my work, for this repor( or for the opinions I have forn]ed. Respective responsibilities of trustees and examiner The trustees (tho are also th'rectors of the company for the purpose of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the 2011 Act, that an independent examination is needed. Havin&F satisfied myself that the charity is not subject to audit under the company law and is eligible for independenl examination. it is my responsibility to.. examine the accounts under section 145 of thc 2011 Act: to follow the procedures laid down in the general Directions gAv¢n by the Charity Commission under sectt'on 145(5)(b) of the 201 l Act: and to state whether matters have come to my attents'on. Basis of independent examiner's statement My examinats'on was cTled 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 itans or dJ"sclosure in the accounts and seeking explanations from you as trustees conccrning any such matters. The proccdure undertaken do not provide all the evidcnce that would be required in an auth't and consequently no opinfton is given as to whether the accounts present a 'tTue and fair vi¢w', and the report is limited to those matters set out in in the statement below.
PAge 6 Independent examiners statement In connection with my examinatRon. no matter has come to my attention: a) which gives me reasonable cause to believe that in any material respect, the requirements.. to keep accounting records in accordance with section 386 of the Companies Act 2006. and to prepare accounts which accord with the accounting records, comply with the accounting requirement of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommend Practs'ce: Accounting and Reporting by Charities. have not been met. or b) which, in my opinion, attention should be drawn to enable a proper undeTStanding of the accounts to be reached. Syon Associates Business & Tax Advisers 6 Portland Business Centre Datchet Berk8hire SL3 9EG Date I l November 2025
Page 7 STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED 31 MARCH 2025 2025 2024 INCOME Notes Donations Investment income Totsl Income 35,354 24,999 408 27,407 38.302 Expendlture on Charltable actlvltles Direct Expenditure 3&4 Net Income l Expenditure (9,771) Net Movement In Funds (1,032) (9,771) Balance brought fOard 163 957 Balance carrled forward The company has no renised gains or losses.
Page 8 BALANCE SHEET AS AT 31 MARCH 2025 NOTES 2025 2024 Flxed Assets Tangible Assets Current Assets Debtors Cash at b8nk 13,666 139488 153,154 9,826 154.186 Credltovs: Amounts falling due within one year Net Current Assets (Llabllltles) Total Assets less current Ilabllltles FUNDS Unrestricted Funds Restricted Funds 153,154 154,186 The notes fonn part of these fanCIal statements
Page 9 Balance Sheet - continued As at 31 st March 2025 The tharty c¢Jnpany was entrtled to expts.( under section 477 of the Companies Act 2006 for the ye¥ ended 31 At March 2025. The members have not required the charitable company to obtain an audit of ils financial statement for the year ended 31 •t Marth 2025 in accordance with section 476 of the Companies Act 2006 The trustees aCknOedge their respMsibilities for ensuring that the charitable cc¥npany keeps accounting record that comply with sections 376 and 387 of the Ccmpany Acl 21x16: and preparing finanaal statements vthich give true and fair of the state of affairs on the charitable company at the end Lrf each financial year and its surplus or deficit for each financ year In accordance with the requirements of the Company Act 2006 relating financial statfAnents, so far as applicable to the charitable company. These financial statements have been wepwed in accordance with the special provisions of Part 15 of the Company Act 2006 relating to small chwitable companies and with the Financial Reporting Standard fcx Smaller Entities (effective January 2015) The financial ststements were approved by the Board of Trustees 2025 and signed on behalf by: 2c2< Mr Umar Sliariff - Trustee Dat
Page 10 NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 MARCH 2025 1. Accountlng Pollcles Basls of preparlng the Flnanclal Statements The financial statements of the Chitable ccThpany have been prepared in accordance with the Charity SORP (FRSSE) 'Accounting and Reporting by Charities: Statement of Recommended Pra&ice applicable to tharities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entrties (the FRSSE) (effective 1 January 2015)., the financial statements have been prepared under the historical cost convention, as modified by revaluation of certain assets. Income All income is recognised in the stateMrt of Financial Aclivilies once the charity has entitlement to the funds and indudes gross Interest and monrtory value of donations in kind. Expendlture Liabilities are recognised as expendilure as soon as there is a legal or constructive obligation committing the charily lo that expenditure, it is probable that a transfer of economic benefrts win be required in settlement. and the amount of obgatIOn can be measured reliably. Tanglble Assets The charitable company has no ftxed assets. Taxatlon The tharity is exempt from ccyporation tax on its charitable activities. Fund Accountlng Unrestricted funds can be used in accordance with the charilable objeclives at the discretion of the trustees. Donatlons In Klnd All the UK cost of running the charity in respect of the period has been paid by Umar Shariff and amounted to £1,298 <£287) and has been shown in the account as DonatI(s.
Page 11 2. Investment Income 2025 2024 Interest recelved 2,948 2,408 3. Charltable Actlvftles Costs 2025 2024 Azha Maryam School - Pakistan Holy Farth School - India Food Distribution - IndialPakn'stsn Mansehra Sthool - Pakistan RBNI Kids with AIDIHIV-India Padam Mahila Manda -India MAP-UK 354 20,337 23,042 510 12.600 9,200 1,000 4,286 1,060 37494 36 528 4. Dlrect Costs of Charftable Actlvttles 2025 2024 Insurance other Expenses 316 287 1,524 L3 1840 650 5. Debtors 2025 2024 Other Debtors 13 666 9 826 This is related to the amount of tsx on gift aid yet to be claimed. 6. Trustees, Remuneration, Benefrts and Expenses There was no trustees, remuneration, benefits, or expenses either for the year ended 31 March 2025 nor for the year ended 31 March 2024.