Docusign Envelope ID: 7180A602-9997-4006-B4C7-D04F6A4BFE81
Charity Number: 1122875
ESSA FOUNDATION
TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
Docusign Envelope ID: 7180A602-9997-4006-B4C7-D04F6A4BFE81
ESSA FOUNDATION
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Yakub Ibrahim Patel Adam Hassan Umarji Ibrahim Bobat
Charity Number: 1122875 Business Address PO Box 2076 Lynstock House Lynstock Way Lostock Bolton BL6 4SA
Independent examiner
Cowgills Limited Chartered Accountants Fourth Floor Unit 5B The Parklands Bolton BL6 4SD
Docusign Envelope ID: 7180A602-9997-4006-B4C7-D04F6A4BFE81
ESSA FOUNDATION
CONTENTS
| Page | |
|---|---|
| Trustees’ report | 1 - 2 |
| Independent examiners’ report to the trustees | 3 |
| Statement of financial activities | 4 |
| Balance sheet | 5 |
| Statement of cash flows | 6 |
| Notes to the financial statements | 7 - 8 |
Docusign Envelope ID: 7180A602-9997-4006-B4C7-D04F6A4BFE81
ESSA FOUNDATION
TRUSTEES’ REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025
The trustees present their report along with the financial statements of the charity for the year ended 30 September 2025. The financial statements have been prepared in accordance with the accounting policies set out on page 7 and comply with the charity’s trust deed and applicable law.
Constitution and charitable objects
The Essa Foundation is constituted under a trust deed dated 17 September 2007 and is a registered charity number 1122875. The objects of the charity are to relieve poverty, to support and provide funds to organisations which provide religious or otherwise education to children and to donate funds for general charitable purpose.
Development, activities and achievements this year
The trustees consider that the charity has continued to carry out its objectives.
Future developments
The charity will strive to meet its fundamental objectives in this coming year by increasing its activities in the local and wider communities.
Transactions and financial position
The statement of financial activities shows a net decrease in accumulated funds for the year of £198,480 as Essa Foundation carried out its objectives and the accumulated reserves stand at £75,814 in total.
Reserves
The trustees are confident that the reserves will be utilised in pursuance of the charities objectives.
Organisational structure
The trustees who served during the year and since the year end are set out at the front of these accounts. Trustees are appointed by the board of trustees.
Risk management
The trustees have examined the strategic, business and operational risks which the charity faces and confirm that the systems have been established to enable regular reports to be produced so that the necessary steps are taken to lessen these risks.
Statement of the Trustees’ Financial Responsibilities
The trustees are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and regulations.
The trustees are required to prepare financial statements for each financial year in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). The financial statements are required by law to give a true and fair view of the state of affairs of The Essa Foundation and of its incoming resources and application of resources of the charity for that period. In preparing the financial statements, the trustees should follow best practice and:
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Select suitable accounting policies and apply these consistently
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Make judgements and estimates that are reasonable and prudent
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Docusign Envelope ID: 7180A602-9997-4006-B4C7-D04F6A4BFE81
ESSA FOUNDATION
TRUSTEES’ REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025
- Prepare the financial statements on a going concern basis unless it is inappropriate to assume that Essa Foundation will continue their activities.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure the financial statements comply with the applicable law, regulations and the trust deed. 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.
On behalf of the Board of Trustees Cc Ibrahim Bobat Signed6526B2C885B0459...by: Dobat
6/2/2026 | 3:28 PM GMT DATE:
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Docusign Envelope ID: 7180A602-9997-4006-B4C7-D04F6A4BFE81
ESSA FOUNDATION
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES FOR THE YEAR ENDED 30 SEPTEMBER 2025
I report to the trustees on my examination of the accounts of Essa Foundation (the trust) for the year ended 30 September 2025, which are set out on pages 4 to 8.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trustee’s accounts 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 2011 Act.
Independent examiners’ statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with my examination giving me cause to believe that in any material aspect:
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1) accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
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2) the accounts do not accord with those records; or
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3) the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts 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 accounts to be reached.
DATE:
ALEX HESKETH ACA COWGILLS LIMITED CHARTERED ACCOUNTANTS
Fourth Floor Unit 5B The Parklands Lostock Bolton BL6 4SD
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Docusign Envelope ID: 7180A602-9997-4006-B4C7-D04F6A4BFE81
ESSA FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2025
| Notes Unrestricted Funds Restricted Funds INCOME AND ENDOWMENTS FROM: £ £ Donations 2 100,000 - Total Income from charitable activities 100,000 - Expenditure on: Accountancy fees 1,170 - Donations 297,058 - Bank charges 252 - Total expenditure on charitable activities (298,480) - Net movement in funds (198,480) - Total funds brought forward 274,294 - Total funds carried forward 75,814 - |
Total 2025 £ 100,000 100,000 1,170 297,058 252 (298,480) (198,480) 274,294 75,814 |
Total 2024 £ 470,000 470,000 1,140 265,000 247 (266,387) |
Total 2024 £ 470,000 |
|---|---|---|---|
| 470,000 | |||
| 1,140 265,000 247 |
|||
203,613 70,681 274,294 |
The notes on page 7-8 form part of these financial statements.
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Docusign Envelope ID: 7180A602-9997-4006-B4C7-D04F6A4BFE81
ESSA FOUNDATION
STATEMENT OF FINANCIAL POSITION FOR THE YEAR ENDED 30 SEPTEMBER 2025
| __________ | __________ | __________ | __________ | __________ | __________ |
|---|---|---|---|---|---|
| 2025 | 2024 | ||||
| Notes | £ | £ | £ | £ | |
| CURRENT ASSETS | |||||
| Cash at bank and in hand | 76,764 | 275,244 | |||
| 76,764 | 275,244 | ||||
| CREDITORS: Amounts falling due within | |||||
| one year | 3 | (950) | (950) | ||
| Net Current Assets | 75,814 | 274,294 | |||
| NET ASSETS | 75,814 | 274,294 | |||
| FUNDS | |||||
| Unrestricted funds | 4 | 75,814 | 274,294 | ||
| 75,814 | 274,294 | ||||
| Signed by: Cc Dobat 6526B2C885B0459... |
|||||
| Ibrahim Bobat | |||||
| Trustee | |||||
| DATE: 6/2/2026 |
3:28 PM GMT |
The notes on page 7-8 form part of these financial statements.
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Docusign Envelope ID: 7180A602-9997-4006-B4C7-D04F6A4BFE81
ESSA FOUNDATION
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 SEPTEMBER 2025
| Note Cash flows from operating activities: Net cash provided by (used in) operating activities 5 Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period |
2025 £ (198,480) (198,480) 275,244 76,764 |
2024 £ 203,613 203,613 71,631 |
|---|---|---|
| 275,244 |
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Docusign Envelope ID: 7180A602-9997-4006-B4C7-D04F6A4BFE81
ESSA FOUNDATION NOTES TO THE FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2025
1 ACCOUNTING POLICIES
1.1 Basis of accounting
The financial statements are prepared in accordance with applicable accounting standards including FRS102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” using the historical cost convention.
The financial statements reflect the requirements of the Statements of Recommended Practice ‘Reporting and Accounting by Charities’ issued in October 2019.
1.2 Income and endowments
Income and endowments from charitable activities is received by way of donations and gifts and is included in full in the Statement of Financial Activities when receivable. Gifts donated for resale are included as income when they are sold. Donated assets are included at the value to the charity where this can be quantified and a third party is bearing the cost. The value of services provided by volunteers has not been included.
1.3 Expenditure
Expenditure on charitable activities are recognised in the year in which they are incurred. Expenditure on charitable activities include attributable VAT, which cannot be recovered.
Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management.
Management and administration costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.
| 2 DONATIONS Donations received 3 CREDITORS: Amounts falling due within one year Accruals & deferred income 4 UNRESTRICTED FUNDS 1 Oct 24 Incoming £ £ Unrestricted fund 274,294 100,000 |
Unrestricted Funds 2025 £ £ 100,000 100,000 2025 £ 950 Outgoing Transfers 30 £ £ (298,480) - |
2024 £ 470,000 |
|---|---|---|
2024 £ 950 Sept 25 £ 75,814 |
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Docusign Envelope ID: 7180A602-9997-4006-B4C7-D04F6A4BFE81
ESSA FOUNDATION
NOTES TO THE FINANCIAL ACTIVITIES (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025
5 RECONCILIATION OF NET MOVEMENTS IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES
| Net movement in funds for the reporting period (as per the statement of financial activities Adjustments for: Decrease/(increase) in debtors Increase/(decrease) in creditors Net cash used in operating activities |
2025 (198,480) - - (198,480) |
2024 203,613 - - |
|---|---|---|
| 203,613 |
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