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2024-12-31-accounts

Trustees’ Annual Report for the period

From 1 January 2024 To 31 December 2024

Charity name: The Ganco Charitable Trust (formerly known as The Nowsad Gani Charitable Foundation) Charity registration number: 1123449

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 The trustees shall hold the trust income
upon trust to apply it for the benefit or in
furtherance of such charitable purposes,
charitable institutions or charitable
foundations in the United Kingdom or
elsewhere as the trustees may from time to
time decide.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.
Para 1.17 and
1.19
Supporting advancement of education and
religion. Promoting racial harmony.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 The trustees confirm that they have had
regard to the guidance issued by the
Charity Commission on public benefit.

Additional information (optional) You may choose to include further statements where relevant about:

SORP reference
Para 1.38
Policy on grant making
Para 1.38
Policy on social investment
including program related
investment
Para 1.38
Contribution made by
volunteers

Other

Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Para 1.20 The charity received donations of £92,000
and paid donations of £88,980 in the year.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against
objectives set
Para 1.41
Performance of fundraising
activities against objectives
set
Para 1.41
Investment performance
against objectives
Para 1.41
Other

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21 At the year end, the charity held £2,479 in
cash in bank and in hand and a property
worth £175,000 (which has happened in
the prior year)
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 The charity has a small amount of reserves
which are held to pay expenditure such as
bank charges and to make further
donations.
Amount of reserves held Para 1.22 £2,479
Reasons for holding zero
reserves
Para 1.22 N/A
Details of fund materially in
deficit
Para 1.24 N/A
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23 No uncertainties.

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal
sources of funds (including
any fundraising)
Para 1.47 Donations.
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46
A description of the principal
risks facing the charity
Para 1.46
Other During the year, The charity received
donations of £89,000 from related parties.

Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)
Para 1.25 Trust deed.
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 Trust.
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Para 1.25 Appointed by trustees.

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction Para 1.51 and training of trustees The charity’s organisational structure and any wider Para 1.51 network with which the charity works Relationship with any related Para 1.51 parties Other

Reference and Administrative details

Charity name The Ganco Charitable Foundation.
Other name the charity uses
Registered charity number 1123449.
Charity’s principal address 1 Commonside West, Mitcham, CR4 4HA.

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Trustee name Office (if any) Dates acted if not for whole
**year **
Name of person (or body) entitled
to appoint trustee (ifany)
Nowsad Abdul
Gani.
Muhammed
Sufiyan Gani.
Rukshana Gani.

– Corporate trustees names of the directors at the date the report was approved

Director name N/A.

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year
N/A.

Funds held as custodian trustees on behalf of others

Description of the assets None. held in this capacity Name and objects of the None. charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for None. safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Nowsad Abdul Gani.

Exemptions from disclosure

Reason for non-disclosure of key personnel details

N/A.

Other optional information

N/A.

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Full name(s) NOWSAD GANI Position (eg Secretary, Trustee Chair, etc) Date 23/10/2025 ~~fF~~

The Ganco Charitable Foundation 1123449 (formerly known as The Nowsad Gani Charitable Foundation)

(formerly known as The Nowsad Gani Charitable Foundation)formerly known as The Nowsad Gani Charitable Foundation)y known as The Nowsad Gani Charitable Foundation) known as The Nowsad Gani Charitable Foundation))
1123449
The Ganco Charitable Foundation
(formerly known as The Nowsad Gani Charitable Foundation)formerly known as The Nowsad Gani Charitable Foundation)y known as The Nowsad Gani Charitable Foundation) known as The Nowsad Gani Charitable Foundation))
1123449
The Ganco Charitable Foundation
(formerly known as The Nowsad Gani Charitable Foundation)formerly known as The Nowsad Gani Charitable Foundation)y known as The Nowsad Gani Charitable Foundation) known as The Nowsad Gani Charitable Foundation))
1123449
The Ganco Charitable Foundation
(formerly known as The Nowsad Gani Charitable Foundation)formerly known as The Nowsad Gani Charitable Foundation)y known as The Nowsad Gani Charitable Foundation) known as The Nowsad Gani Charitable Foundation))
1123449
The Ganco Charitable Foundation
(formerly known as The Nowsad Gani Charitable Foundation)formerly known as The Nowsad Gani Charitable Foundation)y known as The Nowsad Gani Charitable Foundation) known as The Nowsad Gani Charitable Foundation))
1123449
The Ganco Charitable Foundation
(formerly known as The Nowsad Gani Charitable Foundation)formerly known as The Nowsad Gani Charitable Foundation)y known as The Nowsad Gani Charitable Foundation) known as The Nowsad Gani Charitable Foundation))
1123449
The Ganco Charitable Foundation
(formerly known as The Nowsad Gani Charitable Foundation)formerly known as The Nowsad Gani Charitable Foundation)y known as The Nowsad Gani Charitable Foundation) known as The Nowsad Gani Charitable Foundation))
1123449
The Ganco Charitable Foundation
(formerly known as The Nowsad Gani Charitable Foundation)formerly known as The Nowsad Gani Charitable Foundation)y known as The Nowsad Gani Charitable Foundation) known as The Nowsad Gani Charitable Foundation))
1123449
The Ganco Charitable Foundation
(formerly known as The Nowsad Gani Charitable Foundation)formerly known as The Nowsad Gani Charitable Foundation)y known as The Nowsad Gani Charitable Foundation) known as The Nowsad Gani Charitable Foundation))
1123449
The Ganco Charitable Foundation
(formerly known as The Nowsad Gani Charitable Foundation)formerly known as The Nowsad Gani Charitable Foundation)y known as The Nowsad Gani Charitable Foundation) known as The Nowsad Gani Charitable Foundation))
1123449
The Ganco Charitable Foundation
Receipts andpayments accounts
01/01/2024
31/12/2024
To
For the period from
~~es~~
~~ee~~
CC16a
Section A Receipts and payments
Unrestricted funds Restricted
funds
Endowment funds Total funds Last year
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Donations 92,000 - - 92,000 116,100
Propertydonation - - - - -
- - - - - -
- - - - -
- - - - - -
- - - - -
- - - - - -
- - - - -
Sub total(Gross income for
AR)
(Gross income for
AR)
92,000 - - 92,000 116,100
A2 Asset and investment sales,
(see table).
-
-
-
-
-
-
-
-
-
Sub total
-
-
-
-
-
Total receipts
92,000
-
-
92,000
116,100
~~———_——~~
A3 Payments
Donations 85,616 - - 85,616 148,946
Bank Charges 2 - - 2 2
Accountancyfees 4,364 - - 4,364 6,632
- - - - -
- - - - - -
- - - - -
- - - - - -
- - - - -
- - - - - -
Sub total 89,982 - - 89,982 155,580
A4 Asset and investment
purchases, (see table)
1595 London Road, London
-
-
-
-
-
-
-
Sub total
-
-
-
-
-
Total payments
89,982
-
-
89,982
155,580
~~———=———~~
Net of receipts/(payments)
2,018
-
-
2,018
-
39,480
A5 Transfers between funds
-
-
-
-
-
A6 Cash funds last year end
461
- -
461
39,942
Cash funds this year end
2,479
-
-
2,479
462
~~—_—S——=S=>==>~~

CCXX R1 accounts (SS)

15/10/2025

1

Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period
Unrestricted funds
Restricted
Endowment
Categories Details funds funds
to nearest £
to nearest £
to nearest £
B1 Cash funds 2,479
-
-
-
-
-
-
-
2,479
-
-
Natwest current account
Cash in hand
Total cash funds
~~SSe=~~
(agree balances with receipts and payments account(s)) OK
OK
OK
Unrestricted funds
Restricted
Endowment
funds funds
Details to nearest £
to nearest £
to nearest £
B2 Other monetary assets -
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
~~—__—~~
Details Fund to which asset
belongs
Cost (optional)
Current value
(optional)
B3 Investment assets -
-
-
-
-
-
-
-
-
-
~~nee~~
Details Fund to which asset
belongs
Cost (optional)
Current value
(optional)
B4 Assets retained for the
charity’s own use
Restricted
175,000
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
1595 London Road, London (SW16 4AA)
~~oats~~
Fund to which liability
Amount due
When due
Details relates
(optional)
(optional)
Signed by one or two trustees on
behalf of all the trustees
B5 Liabilities
CCXX R2 accounts (SS)
-
-
-
-
-
Date of
approval
Print Name
Signature
2
15/10/2025
NOWSAD GANI
23/10/25
~~——=~~

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/
members of
Charity Name
The Ganco Charitable Foundation
On accounts for the year 31 December 2024 Charity no 1123449
ended (if any)
Set out on pages 1 – 2 and the Trustee’s Annual Report
(remember to include the page numbers of additional sheets) (remember to include the page numbers of additional sheets)
I report to the trustees on my examination of the accounts of the above
charity (“the Trust”) for the year ended31/12/2024.
Responsibilities and As the charity's trustees, you are responsible for the preparation of the
basis of report accounts in accordance with the requirements of the Charities Act 2011
(“the Act”).
I report in respect of my examination of the Trust’s accounts carried out
under section 145 of the 2011 Act and in carrying out my examination, I 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 have followed all the applicable Directions given by the Charity Commission
under section 145(5)(b) of the Act.

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.

*Please delete the words in the brackets if they do not apply. Please delete the words in the brackets if they do not apply. Please delete the words in the brackets if they do not apply.
Signed: Date:23 October 2025
~~
~~
Name: Mark Hancock
Relevant professional FCA, (ICAEW)
qualification(s) or body
(if any):
Address: 3 Brook Business Centre, Cowley Mill Road, Uxbridge, Middlesex, UB8 2FX 3 Brook Business Centre, Cowley Mill Road, Uxbridge, Middlesex, UB8 2FX

Oct 2018

1

IER

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

Oct 2018

2

IER