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. |
-
Independent I have completed my examination. I confirm that no material matters have
-
examiner's statement come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records; or
-
the accounts did 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.
- 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. | 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