Family Welfare Foundation (Harrow & Surrounding Area)
Charity No. 1119717
Trustees' Report and Unaudited Accounts
31 March 2025
Family Welfare Foundation (Harrow & Surrounding Area) Contents
| Pages | |
|---|---|
| Trustees' Annual Report | 2 to 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Statement of Cash flows | 12 |
| Notes to the Accounts | 7 to 11 |
| Detailed Statement of Financial Activities | 13 |
Page 1
Family Welfare Foundation (Harrow & Surrounding Area) Trustees Annual Report
The trustees present their report with the unaudited financial statements of the charity for the year ended 31 March 2025.
REFERENCE AND ADMINISTRATIVE DETAILS
Charity No. 1119717
Trustees
The following trustees served during the year:
| A.A. Al-Asadi | (Resigned 2 August 2024) |
|---|---|
| A. Al-Asadi | (Resigned 2 August 2024) |
| R. Alrabaii | (Resigned 2 August 2024) |
| Y. Salmasi | (Resigned 2 August 2024) |
| T. Abbas | (Appointed 2 August 2024) |
| A. Baqer | (Appointed 2 August 2024) |
| S. Mahammed | (Appointed 2 August 2024) |
| S. Mustafa | (Appointed 2 August 2024) |
Accountants
Sabat Accountants Ltd t/a Seymour King Suite G1 Hartsbourne House Delta Gain Watford WD19 5EF
OBJECTIVES AND ACTIVITIES
The objects for which the charity is established are to promote racial harmony for the benefit of the public by promoting knowledge and mutual understanding between different racial groups and by advancing education and raising awareness and financial hardship relief.
ACHIEVEMENTS AND PERFORMANCE
Provided a student scholarship in the UK for a duration of three years. The student is currently in their second-to-last year.
Delivered student scholarships in Iraq covering university tuition fees as well as living expenses.
Purchased and distributed laptops to university students in Iraq to support their studies.
Established a business incubator scheme to support and develop entrepreneurs in Iraq.
Implemented charity projects in Iraq aimed at providing access to clean water for local communities.
FINANCIAL REVIEW
During the year under review the charity received unrestricted income of £104,2050 (2024: £8,631) and had unrestricted expenditure of £102,800 (2024: £11,245). At balance sheet date the charity held unrestricted funds of £1,793 (2024: £343).
Page 2
Family Welfare Foundation (Harrow & Surrounding Area) Trustees Annual Report
Statement of trustees' responsibilities in relation to the financial statements
The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Signed on behalf of the charity's trustees
T. Abbas Trustee 09 April 2026
Page 3
Family Welfare Foundation (Harrow & Surrounding Area) Independent Examiners Report
Independent Examiner's Report to the trustees of Family Welfare Foundation (Harrow & Surrounding Area)
I report to the trustees on my examination of the financial statements of Family Welfare Foundation (Harrow & Surrounding Area) for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
the accounting records were not kept in respect of the charity as required by section 130 of the Act; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Sajjad Tejani FCCA Sabat Accountants Ltd t/a Seymour King Suite G1
Hartsbourne House Delta Gain Watford WD19 5EF 09 April 2026
Page 4
Family Welfare Foundation (Harrow & Surrounding Area) Statement of Financial Activities
for the year ended 31 March 2025
| Notes Income and endowments from: Donations and legacies 3 Total Expenditure on: Charitable activities 4 Other 5 Total Net gains on investments Net income/(expenditure) 6 Transfers between funds Net income/(expenditure) before other gains/(losses) Other gains and losses Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds |
Total funds | Total funds | |
|---|---|---|---|---|
| 2025 | 2025 | 2024 | ||
| £ | £ | £ | ||
| 104,250 | 104,250 | 8,631 | ||
| 104,250 | 104,250 | 8,631 | ||
| 100,837 | 100,837 | 11,245 | ||
| 1,963 | 1,963 | - | ||
| 102,800 | 102,800 | 11,245 | ||
| - | - | - | ||
| 1,450 | 1,450 | (2,614) | ||
| - | - | - | ||
| 1,450 | 1,450 | (2,614) | ||
| 1,450 | 1,450 | (2,614) | ||
| 343 | 343 | 2,957 | ||
| 1,793 | 1,793 | 343 | ||
Page 5
Family Welfare Foundation (Harrow & Surrounding Area) Balance Sheet
at 31 March 2025
| at 31 March 2025 | ||
|---|---|---|
| Charity No. 1119717 Current assets Cash at bank and in hand Creditors:Amount falling due within one year 8 Net current assets Total assets less current liabilities Net assets excluding pension asset or liability Total net assets The funds of the charity Restricted funds 9 Unrestricted funds 9 General funds Reserves 9 Total funds Approved by the trustees on 09 April 2026 |
2025 £ 2,513 2,513 (720) 1,793 1,793 1,793 1,793 1,793 1,793 1,793 |
2024 £ 343 |
| 343 - |
||
| 343 343 |
||
| 343 | ||
| 343 | ||
| 343 | ||
| 343 | ||
| 343 | ||
And signed on their behalf by:
T. Abbas Trustee 09 April 2026
Page 6
Family Welfare Foundation (Harrow & Surrounding Area) Notes to the Accounts
for the year ended 31 March 2025
- 1 Accounting policies
Basis of preparation
The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
Change in basis of accounting or to previous accounts
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
Fund accounting
-
Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
-
Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
-
Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
Income
-
Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
-
Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA.
-
Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
-
Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 7
Family Welfare Foundation (Harrow & Surrounding Area) Notes to the Accounts
Expenditure
-
Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
-
Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
-
Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
-
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
-
Other expenditure These are support costs not allocated to a particular activity.
Taxation
The charity is exempt from tax on its charitable activities.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
Receipt of donated goods, facilities and services
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
Page 8
Family Welfare Foundation (Harrow & Surrounding Area) Notes to the Accounts
2 Statement of Financial Activities - prior year
| Income and endowments from: Donations and legacies Total Expenditure on: Charitable activities Total Net income Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 3 Income from donations and legacies General donation 4 Expenditure on charitable activities Expenditure on charitable activities Education Governance costs |
Unrestricted £ 104,250 104,250 Unrestricted £ 100,837 100,837 |
Unrestricted funds 2024 £ 8,631 8,631 11,245 11,245 (2,614) (2,614) (2,614) 2,957 343 Total 2025 £ 104,250 104,250 Total 2025 £ 100,837 100,837 |
Total funds 2024 £ 8,631 |
|---|---|---|---|
| 8,631 11,245 |
|||
| 11,245 | |||
| (2,614) | |||
| (2,614) | |||
| (2,614) 2,957 |
|||
| 343 | |||
| Total 2024 £ 8,631 |
|||
| 8,631 | |||
| Total 2024 £ 11,245 |
|||
| 11,245 |
Page 9
Family Welfare Foundation (Harrow & Surrounding Area) Notes to the Accounts
- 5 Other expenditure
| Premises costs General administrative costs Legal and professional costs 6 Net income/(expenditure) before transfers This is stated after charging: Independent Examiner's fee 7 Staff costs No employee received emoluments in excess of £60,000. 8 Creditors: amounts falling due within one year Accruals 9 Movement in funds At 1 April 2024 Restricted funds: Unrestricted funds: General funds 343 Total funds 343 10 Analysis of net assets between funds Net current assets |
Premises costs General administrative costs Legal and professional costs 6 Net income/(expenditure) before transfers This is stated after charging: Independent Examiner's fee 7 Staff costs No employee received emoluments in excess of £60,000. 8 Creditors: amounts falling due within one year Accruals 9 Movement in funds At 1 April 2024 Restricted funds: Unrestricted funds: General funds 343 Total funds 343 10 Analysis of net assets between funds Net current assets |
Unrestricted £ 343 900 720 1,963 2025 £ 720 2025 £ |
Total 2025 £ 343 900 720 1,963 |
Total 2024 £ - - - |
|---|---|---|---|---|
| - | ||||
| 2024 £ - 2024 £ |
||||
| 720 | - | |||
| At 1 April 2024 343 343 |
720 Incoming resources (including other gains/losses) £ 104,250 104,250 |
Resources expended £ (102,800) (102,800) Unrestricted funds £ 1,793 1,793 |
- | |
| At 31 March 2025 £ 1,793 |
||||
| 1,793 | ||||
| Total £ 1,793 |
||||
| 1,793 |
Page 10
Family Welfare Foundation (Harrow & Surrounding Area) Notes to the Accounts
11 Reconciliation of net debt
| Reconciliation of net debt | |||
|---|---|---|---|
| Cash and cash equivalents Net debt |
At 1 April 2024 £ |
Cash flows £ |
At 31 March 2025 £ |
| 343 | 2,170 | 2,513 | |
| 343 343 |
2,170 2,170 |
2,513 | |
| 2,513 |
Page 11
Family Welfare Foundation (Harrow & Surrounding Area) Statement of Cash flows
for the year ended 31 March 2025
| Cash flows from operating activities Net income/(expenditure) per Statement of Financial Activities Adjustments for: Increase in trade and other payables Net cash provided by/(used in) operating activities Net cash from investing activities Net cash from financing activities Net increase/(decrease) in cash and cash equivalents Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year |
2025 £ 1,450 720 2,170 - - 2,170 343 2,513 |
2024 £ (2,614) - |
|---|---|---|
| (2,614) | ||
| - | ||
| - | ||
| (2,614) | ||
| - | ||
| (2,614) | ||
| Components of cash and cash equivalents | ||
| Cash and bank balances | 2,513 | 343 |
| 2,513 | 343 |
Page 12
Family Welfare Foundation (Harrow & Surrounding Area) Detailed Statement of Financial Activities
for the year ended 31 March 2025
| Income and endowments from: Donations and legacies General donation Total income and endowments Expenditure on: Charitable activities Education Total of expenditure on charitable activities Premises costs Rent General administrative costs, including depreciation and amortisation Postage and couriers Legal and professional costs Accountancy and bookkeeping Total of expenditure of other costs Total expenditure Net gains on investments Net income/(expenditure) Net income/(expenditure) before other gains/(losses) Other Gains Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward |
Unrestricted funds 2025 £ 104,250 104,250 104,250 100,837 100,837 100,837 343 343 900 900 720 720 1,963 102,800 - 1,450 1,450 - 1,450 343 1,793 |
Total funds 2025 £ 104,250 104,250 104,250 100,837 100,837 100,837 343 343 900 900 720 720 1,963 102,800 - 1,450 1,450 - 1,450 343 1,793 |
Total funds 2024 £ 8,631 |
|---|---|---|---|
| 8,631 | |||
| 8,631 11,245 |
|||
| 11,245 | |||
| 11,245 - |
|||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| 11,245 - |
|||
| (2,614) | |||
| (2,614) - |
|||
| (2,614) | |||
| 2,957 | |||
| 343 |
Page 13