Charlty reglstration number 1134493 (England and Wales)
Company registration number 07140350
IRON AID FOUNDATION
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

IRON AID FOUNDATION
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr Tank Chowdhry
Mr Liaqual Khan
Mr Sohail A. Syed
Mr Tariq Zaman
Mr Mohamed Ameen Kalla
Charity number (England and Wales)
1134493
Company number
07140350
Registered office
Northwood Hills Masjid & Community Centre
Joel Street
Northwood Hills
Hillingdon
London
United Kingdom
HA6 1NL
Auditor
Reddy Siddiqui LLP
183-189 The Vale
Acton
London
United Kingdom
W3 7RW

IRON AID FOUNDATION
CONTENTS
Page
Trustees report
Statement of Trustees responsibilities
Independent audilorfs report
Slalement of financial aclivities
Balance sheet
Slalement of cash flows
10
Notes to the financial stalements

IRON AID FOUNDATION
TRUSTEES REPORT (INCLUDING DIRECTOR'S REPORT)
FOR THE YEAR ENDED 31 JANUARY 2025
The Trustees present their annual report and financial statements for Ihe year ended 31 January 2025.
The financial statements have been prepared in accordance with the accounting policies sel out in note 1 to the
financial statements and comply with the charitable Company's conslilution, the Companies Act 2006 and
"Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charilies preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS
102)" (effective 1 January 2019).
Objectives and a¢tivities
The Trustees have paid due regard to the Charity Commission's guidance on public benefit when planning and
delivering the charity's activities.
The Iron Aid Foundation's principal objective is lo serve the religious, educational and social welfare needs of the
Muslim community and wider society. The majority of ils activities are undertaken through Northwood Hills Masjid
& Community Centre INHMCCI. one of the charity's primary siles. The charity's second site remains temporarily
closed pending funding and plans for refurbishment.

IRON AID FOUNDATION
TRUSTEES REPORT (INCLUDING DIRECTOR'S REPORT) {CONTINUED)
FOR THE YEAR ENDED 31 JANUAR Y 2025
Achievements and perfomiance
During the year, the charity. through NHMCC, continued lo strengthen its role as a centre for faith, education and
ommunily wellbeing.
Educatlonal Programme$
Education remains a cornerstone of the charity's mission. Structured programmes in Qur'anic recitation, Islamic
studies and Arabic language have been delivered for both adults and young learners. Dedicated study cirdes for
women have continued lo flourish, providing opportunities for learnin9, discussion and spiritual development. The
charity's educational approach emphasises practical understanding, character building and the application of
Islamic values in everyday life. All sessions are conducted in a safe, inclusive and supportive learning environment,
ensuring consistency and quality across all leaching activities.
Community Engagement
NHMCC has continued lo serve as a vibrant hub for community life. Throughout the year, the centre has delivered..
Advice and guidance serrflces, including family and marriage support.,
Early"years sessions for mothers and toddl8rs'.
Wellbeing and fitne88 classes for both men and women., and
Social programmes for senlor membèrn, promoting companionship and inclusion.
Youth engagement has remained a key priority. Working in collaboration with local Scout groups and edu¢ational
partners, NHMCC has provided leadership and volunteering opportunities for young people, nurturing confidence,
responsibility and a sense of belonging.
Humanltarlan and Outreach Work
The charity has continued lo facilitate humanitarian appeals and charitable collections in partnership with
recognised aid agencies. Donations have supported emergency relief and welfare projects both locally and
inlernalionally. The charity has also maintained ils outreach lo the wider ¢ommunily through direct engagement and
goodwill initiatives aimed al fostering understanding and positive relationships between NHMCC and ils neighbours.
Plans for the Future
The Trustees remain committed to building on the strong foundation established during the year. Priorities for the
comin9 period include..
Expanding educational and youth development programmes.,
Strengthening community partnerships and outreach initiatives., and
Ensuring long-term financial and organisalional sustainability.
The Trustees, vision is for NHMCC to continue operating as a welcoming, well-managed and spiritually enriching
institution that serves the needs of the community with ex￿llenCe and compassion.
Structure, goveman¢e and management
The Trustees, who are also the directois for the purpose of company law, and who setved during the year and up to
the date of signature of the financial statements were:
Mr Tarik Chowdhry
Mr Liaquat Khan
Mr Mohammad Shoaib Oosman
Mr Sohail A. Syed
Mr Tariq Zaman
Mr Mohamed Ameen Kalla
{De￿aSed 15 June 2025}

IRON AID FOUNDATION
TRUSTEES REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
Appointment of trustees is governed by the charity's constitution, which empowers the Board to appoint new
Trustees lo fill vacancies arising from resignation. death or other causes.
Audltor
In accordance with the company's articles, a resolution proposing thal Reddy Siddiqui LLP be reappointed as
auditor of the company will be put al a General Meeting.
Acknowledgements
The Trustees wish to express their sincere gratitude to all those who have supported the charity throughout the
year, our volunteers, donors. congregation and the wider community. Your generosrty, time and commrtment
continue lo be the cornerslone of the charity's success.
Together, we look forward to building a future rooted in faith, service, unlty and hope.
The Trustees report was approved by the Board of Trustees.
Mr Tarik Chowdhry
Trustse
Mr Mohamèd Ameen Kalla
Trustee
18 November 2025

IRON AID FOUNDATION
STATEMENT OF TRUSTEES RESPONSIBILITIES
FOR THE YEAR ENDED 31 JANUARY 2025
The Trustees, who are also the directors of Iron Aid Foundation for the purpose of company law, are responsible for
preparing the Trustees Report and the financial statements in accordance with applicable law and United Kingdom
Accounting Standards (United Kingdom Generally Accepted Accounting Praclice).
Company Law requires the Trustees to prepare financial slatemenls for each financial year which give a true and
fair view of the stale of affairs of the charitable company and of the incoming resources and application of
resourcès, in¢luding the income and expenditure, of the charitable company for that year.
In preparing these financial statements, the Trustees are required lo..
select suitable a¢¢ounling policies and then apply them consislently.,
observe the methods and principles in the Charities SORP..
make judgements and estimates that are reasonable and prudent.,
slate whether applicable UK Accounting Standards have been followed, subject lo any material departures
disclosed and explained in the financial stalemenls., and
prepare the financial slalemenls on the going concern basis unless it is inappropriate to presume that the
charitable company will continue in operation.
The Trustees are responsible for keeping adequate accounling records that disclose with reasonable accuracy al
any lime the financial position of the charitable company and enable them lo ensure that the financial slalements
comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable
company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Company law requires the Trustees lo prepare financial slalemenls for ea¢h financial year which give a true and fair
view of the slate of affairs of the charitable company and of the incoming resources and application of resources,
including the income and expenditure, of the charitable company for that year.
In preparing these financial statements, the Trustees are required to..
select suitable accounting policies and then apply them consistently.,
observe the methods and principles in thè ChaTlties SORP.,
make judgements and estimates that are reasonable and prudent.,
slate whether applicable UK Accountin9 Standards have been followed. subject lo any material departures
disclosed and èxplained in the financial slalemenls., and
prepare the financial statements on the going concern basis unless il is inappropriate to presume that the
charitable company will conlinue in operation.
The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at
any lime the financial posilion of Ihe charitable company and ènable them to ensure that the financial slalements
omply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable
company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

IRON AID FOUNDATION
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF IRON AID FOUNDATION
Opinion
We have audited the financial statements of Iron Aid Foundation the charitable company for the year ended 31
January 2025 which comprise the slalement of financial activilies, the balance sheel, the statement of cash flows
and notes lo the financial slatemenls, including significant accounting policies. The financial reporting framework
that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including
Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland
{United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial slatemenls..
give a true and fair view of the state of the charitable company's affairs as al 31 January 2025 and of its
incoming resources and application of resources, for the year then ended.,
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting PraCtI￿-
and
have been prepared in accordan￿ with the requirements of the Companies Act 2006.
Basis for oplnion
We conducted our audit in a¢cordance with Inlemalional Standards on Auditing {UKI (ISAS {UK)) and applicable
law. Our responsibilities under those standards arè further described in the ALiditorfs responsibilit185 for the audit of
the financial stal&ments section ol our report. We are independent of the charitable company in accordance with the
elhiGal requirements that are relevant to our audit of the financial slalemenls in the UK. including the FRC'S Ethical
Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe
that the audit evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion.
Conclusions relatlng to going ¢oncem
In auditing the financial slalements, we have concluded that the Trustees use of the going concern basis of
accounting in the preparation of the financial statements is appropriale.
Based on the work we have performed, we have not identified any material uncertainties relating to events or
conditions that, individually or collectively, may cast significant doubt on the charitable company'5 ability to continue
as a going concern frjr a period of at least twelve months from when Ihe financial slalements are authorised for
issue.
Our responsibilities and the responsibilities of the Trustees with respect lo going concem are described in the
relevant sections of this report.
Other information
The other information comprises the information included in the annual report other than the financial statements
and our auditor's report Ihereon. The Trustees are responsible for the other information contained within the annual
report. Our opinion on the financial statements does not cover the other information and we do not express any form
of assurance conclusion Ihereon. Our responsibility is lo read the other information and, in doing so, consider
whelher the other information is materially inconsistent with the financial statements or our knowledge oblained in
the course of the audit, or olheNise appears lo be materially misslaled. If we identify such material inconsislenoies
or apparenl material misslatemenls, we are required lo determine whether this gives rise lo a material misstatement
in the financial slalemenls Ihemselves. If, based on the work we have performèd, we conclude that there is a
material misslalement of this other information, we are required to report that fact.
We have nothing to report in this regard.

IRON AID FOUNDATION
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF IRON AID FOUNDATION
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and
Reports} Regulations 2008 requires us lo report to you if. in our opinion..
the information given in the financial statements is inconsistent in any material respect with the Trustees
report., or
sufficient accounting records have not been kept,. or
the financial statements are not in agreement with the accounting records., or
we have not received all the information and explanations we require for our audit.
The trustees were not enlilled lo prepare the financial slalemenls in accordance with the small companies
regime and take advantage of the small companies. exemptions in preparing the Iruslees, report.
Responsibllllles of Trustees
As explained more fully in the statement of Trustees responsibilities, the Trustees are responsible for the
preparation of the financial statements and for being satisfièd that they give a true and fair view, and for such
internal control as the Trustees determine is necessary to enable the preparation of financial slalemenls that are
free from material misstatement, whether due to fraud or error. In preparing the financial slatements, the Trustees
are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as
applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees
either intend to liquidate the charitable company or lo cease operations, or have no realistic allernalive bul to do so,
Auditorfs re8pon$lbilities for the audit of tho financlal ststsments
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the
Act and relevant regulations made or having effect Ihereunder.
Our objectives are to obtain reasonable assurance about whether the financial slalemenls as a whole are free from
malerial misstatement, whether due lo fraud or error, and to issue an auditor's report that includes our opinion.
Reasonable assurance is a high level of assuran¢e but is nol a guarantee that an audit conducted in accordance
with ISAS {UK) will always detect a material misslalement when il exists. Misstalemenls can arise from fraud or
error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence
the economic decisions of users taken on the basis of these financial slalements.
The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.
A further description of our responsibilities is available on the Financial Reporting Council's website al.. httPS'.11
www.frc.org.uklauditorsresponsibilities. This description forms part of our auditors report.
Use of our report
This report is made solely to the charity's Iruslees, as a body, in accordance with Part 4 of the Charities (Accounls
and Reports) Regulations 2008. Our audit work has been undertaken so that we might slate to the charity's Iruslees
those matters we are required lo stale to them in an auditor's report and for no other purpose. To the fullest extent
permilled by law, we do not accept or assume responsibility to anyone other than the charity and the charity's
Irustees as a body, for our audit work, for this report, or for the opinions we have formed.

IRON AID FOUNDATION
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF IRON AID FOUNDATION
Seema Slddiqul {Senlor Statutory Auditor)
For and on behalf of Reddy Siddiqui LLP, Statutory Auditor
Chartered Accountants
183-189 The Vale
Aclon
London
W3 7RW
United Kingdom
18 November 2025
Reddy Siddiqui LLP is eligible for appointment as auditor of the charitable company by virtue of its eligibility for
appointment as auditor of a Company under section 1212 of the Companies A¢1 2006.

IRON AID FOUNDATION
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 JANUARY2025
Unrestricted Restricted
funds
funds
2025
2025
Total Unrestricted Restricted
funds
funds
2024
2024
Total
2025
2024
Notes
Income from:
Donations and legacies
670.114
74,048
744,162
366,807
678,960 1,045,767
Total income
670,114
74,048
744,162
366,807
678,960 1,045,767
Expenditure on:
Raising funds
Charilable activilies
Other expenditure
1,495
116.276
{11)
1.495
178,400
(11)
62,124
91,988
239,433
8.127
100.115
239,433
10
Total expendlture
117,760
62,124
179,884
331,421
8,127
339,548
Net Income and movement In
funds
552,354
11,924
564,278
35,386
670,833
706,219
Recon¢iliatlon of fund8:
Fund balances al 1 February
2024
706,652 2,589,334 3,295,986
671,266 1,918,501 2,589,767
Fund balances at 31 January
202S
1,259,006 2,601,258 3,860,264
706,652 2,589,334 3.295,986
The slalemenl of financial activities includes all gains and losses recognised in the year. All income and expenditure
derive from continuing activities.

IRON AID FOUNDATION
BALANCE SHEET
AS AT31 JANUARY2025
2025
2024
Notes
Fixed assets
Tangible assets
12
3,945,433
3,954,470
Current assets
Debtors
Cash al bank and in hand
13
8,424
451,705
5.233
548,394
460,129
553,627
Creditors: amounts falling duo wlthln
one year
14
(545.298)
11.212,111)
Net current Ilabllitios
(85,169)
(658,484)
Total assets less current Ilabllltlés
3,860,264
3,295,986
The fund$ of the charitable company
Restricted income funds
Unrestricted funds
16
17
2.601,258
1,259,006
2,589,334
706,652
3,860.264
3,295,986
The ¢ompany is entitled to Ihe exemption from the audit requirement contained in section 477 of the Companies Act
2006, for the year ended 31 January 2025.
The diredor acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with
respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of ils financial statements under the requirements
of the Companies Act 2006, for the year in question in accordance with section 476.
These financial slatements have been prepared in accordance with the provisions applicable to companies subjecl
to the small companies regime.
The financial statements were approved by the Trustees on 18 November 2025
Mr Tarik Chowdhry
Trustee
Mr Mohamed Ameen Kalla
Twstee
Company registration number 07140350 (England and Wales)

IRON AID FOUNDATION
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 JANUARY 2025
2025
2024
Notes
Cash flows from operating actlvities
Cash (absorbed by}Igenerated from
operations
20
(65,155)
1,749,408
Investing a¢tivltle$
Purchase of tangible fixed assets
Proceeds from disposal of tangible fixed
assets
{33,829)
{3,965,117)
2,295
2,118,913
Net cash used in investlng activities
{31,534)
{1,846,204)
Net cash generated from finan¢lng activitles
Net decrease in cash and cash equlvalents
196,689)
(96,7961
Cash and cash equivalents al beginning of year
548,394
645,190
Cash and cash equlvalents at end of year
451,705
548,394
10-

IRON AID FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
Accounting pollcies
Charlty infomiation
Iron Aid Foundation is a private company limited by guarantee incorporated in England and Wales. The
registèred office is Northwood Hills Masjid & Community Centre. Joel Street, Northwood Hills, Hillingdon,
London, HA6 1 NL, United Kingdom.
1.1 Basis of preparation
The financial slalemenls have been prepared in accordance with the charitable company's conslilulion, the
Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of
Ireland" ('FRS 102"} and the Charities SORP "Accounting and Reporting by Charities.. Slalement of
Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019}. The
charitable company is a Public Benefit Entity as defined by FRS 102.
The financial slalements are prepared in sterling, which is thè functional currency of the ¢haritable company.
Monetary amounts in these financial statements are rounded lo the nearest £.
The financial statements have been prepared under the historical cost convention, Imodified to include the
revaluation of freehold properties and lo include investment properties and certain financial instruments at fair
valuel. The principal accounting policies adopted are sel out below.
1.2 Going ¢oncern
At the time of approving the financial statements, the Trustees have a reasonable expectation that the
charitable company has adequate resources lo continue in opeialional existence for the foreseeable future.
Thus the Trustees continue lo adopi the going concern basis of accounting in preparing the financial
stalemenls.
1.3 Charitable funds
Unreslricled funds are available for use al the discretion of the Trustees in furtherance of their chaTltable
objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes lo the financial slalements.
1.4 Income
Income is recognised when the charilable company is legally entitled to it after any performance conditions
have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charitable company has
been notified of the donation, unless performance conditions require deferral of thè amount. Income lax
recoverable in relation to donations received under Gift Aid is recognised when donations are accepied after
the claim is approved.
Legacies are recognised on receipt or othetwise rf the charitable company has been notified of an impending
distribulion, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as
a conlingenl asset.
11

IRON AID FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
Accounting policies
(Continued)
1.5 Expenditure
Expenditure is recognised once there is a legal or conslruclive obligation to Iransfer economic benefit to a
third party, il is probable that a transfer of economic benefits will be required in settlement, and the amount of
the obligation Gan be measured reliably.
Expenditure is classified by aclivily. The costs of each activity are made up of the total of direct costs and
shared costs, including support costs involved in undertaking each aclivily. Direct costs attributable lo a single
activity are allocated directly lo that activity. Shared costs which contribute to more than one activity and
support costs which are not attributable lo a single activity are apportioned between those activities on a basis
consislenl wilh the use of resouices. Central staff costs are allocated on the basis ol time spent, and
depreciation charges are allocated on the portion of the asset's use.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured al cost or valuation, net of
depreciation and any impairment losses.
Depreciation is recognised so as lo write off the cost or valuation of assets less their residual values over their
useful lives on the following bases..
Freehold land and buildings
Fixtures and fittings
20
200/0
The gain or loss arising on the disposal of an asset is delermined as the difference between the sale proceeds
and the carrying value of the asset. and is recognised in the slalement of financial activities.
1.7 Impairment of flxed assets
Al each reporting end dale. the charitable company reviews the carrying amounts of its tangible assets lo
determine whether there is any indication Ihal those assets have suffered an impairment 105s. If any such
indication exis15, the recoverable amount of the assel is estimated in order lo determine the extent of the
impairmenl Ioss (if any).
1.8 Cash and ca$h equlvalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-lerm liquid
investments with original malurilies of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.9 Financial Instruments
The charitable company has elected lo apply the Provisions of Section 11 'Basio Financial Instruments, and
Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of ils financial instruments.
Financial instruments are recognised in the charitable company's balance sheet when the charitable company
becomes party to the contractual provisions of the inslrumenl.
Financial assels and liabilities are offset, wilh the nel amounts presenled in the financial stalemenls, when
there is a legally enforceable right lo sel off the recognised amounts and there is an intention to sèttle on a nel
basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured al
transaction price including transaction costs and are subsequently carried at amortised Cosl using the effective
musharakah method unless the arrangement ¢onstitutes a financing transaction, where the transaction is
measured at the present value of the future receipts discounted at a market rale of musharakah. Financial
assets classified as receivable within one year are not amortised.
12-

IRON AID FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
Accounting policies
(Continued)
Basle financial liabilities
Basic financial liabilities, including cieditors and bank loans are initially recognised al transaction price unless
the arrangement constitutes a financing transaction, where the debt instrument is measured at the present
value of Ihe future payments discounted al a market rate of musharakah. Financial liabilities classified as
payable within one year are not amortised.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one
year or less. If not, they are presented as non-currenl liabilities.
Derecognltion of financlal liabilities
Financial liabilities are derecognised when the charitable company's conlraclual obligations expire or are
discharged or cancelled.
1.10 Retiremènt benefits
Payments lo defined contribution retirement benefit schemes are charged as an axpense as they fall due.
Crltical accountlng esllmates and judgements
In the application of the charitable company's accounting poli¢ies, the Trustees are required lo make
judgements. estimates and assumptions about the carrying amount of assets and liabilities that are not readily
apparent from other sources. The eslimales and associated assumptions are based on historical experience
and other factors that are considered to be relevant. Actual resu115 may differ from these eslimales.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions lo accounting
estimates are recognised in Ihe period in whi¢h the estimate is revised whère the revision affects only that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
Income from donations and legacies
Unrestricted Restrlcted
funds
funds
2025
2025
Total UnrestrS¢ted Restricted
funds
funds
2024
2024
Total
2025
2024
Donations and gifts
670,114
74,048
744,162
366,807
678,960 1,045,767
Expenditure on raising funds
Unrestri¢ted Unrestricted
funds
funds
2025
2024
Fundraising and publicity
Advertising
1,495
13

IRON AID FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
Expenditure on charitable actlvlties
Restricted Unrestricted
Fund
Fund
2025
2025
Total
Restricted Unrestrictsd
Fund
Fund
2024
2024
Total
2025
2024
Direct costs
Centre Maintenance Cost
Community Events
Regular Community
Activities
Bank Charge
General Expenses
18,242
2,070
33,616
1.300
51.858
3,370
27.168
22,294
27,168
22,294
6,800
15,571
298
10,233
22,371
298
15.964
13,153
1,104
5,612
13,153
1.104
5,612
5,731
32,843
61,018
93,861
69,331
69,331
Share of support and governance costs (see note 6)
Support
29,281
51,471
Governance
3,787
80,752
3.787
8,127
19,057
3,600
27,184
3,600
62,124
116.276
178,400
8,127
91,988
100,115
Analysis by fund
Unreslricled funds
Reslricled funds
116,276
116,276
62,124
91,988
91,988
8,127
62,124
8,127
62,124
116.276
178,400
8,127
91,988
100,115
Support costs allocated to activlties
2025
2024
Staff costs
Depreciation
Depreciation RF
Governance costs
40,170
11.301
29,281
3,787
19,057
8,127
3,600
84,539
30,784
Analysed between:
Restricted Fund
Unreslricled Fund
29,281
55,258
8,127
22,657
84,539
30,784
14-

IRON AID FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
Net movement In funds
2025
2024
The nel movement in funds is stated after chargingl{crediling)'.
Fees payable for the audit of the charity's financial statements
Depreciation of owned langible fixed assets
(Profil)Iloss on disposal of tangible fixed assets
3,600
40.582
(11}
3,600
27,183
239,433
Trustees
None of the Trustees received any remuneration or benefits from the ¢harilable company during the year.
However, two individuals connected lo the trustees received a total payment of £1.720.00 for sèrvices
provided under the Regular Community Service. 11 is important lo note that both individuals wère paid al the
same rale as others who provided similar services. (2024 - None).
Employees
The average rnonlhly number of employees during the year was..
2025
Number
2024
Number
Employment costs
2025
2024
Wages and salaries
Social security costs
Other pension costs
31,335
7,254
1,581
40,170
There were no employees whose annual remuneration was more than £60,¢JOO.
Remuneration of key management personnel
There were no remuneration payment lo any Key Management Personnel for
YE 31.01.2025
10 Other expenditure
Unrestricted Unrestricted
funds
funds
2025
2024
Net loss on disposal of tangible fixed assets
{11)
239,433
15-

IRON AID FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY2025
11 Taxation
The charity is exempl from taxation on its activities because all ils income is applied for charitable purposes.
12 Tangible fixed assets
Freehold land F5xtur•$ and
and bulldlngs
flttings
Total
Cost
At 1 February 2024
Additions
Disposals
3.936,897
28,220 3,965,117
33,829
33,829
{2,295)
(2,295)
Al 31 January 2025
3,934,602
62,049 3,996,651
Depreclation and Impairment
At 1 February 2024
Depreciation charged in the year
Eliminated in respect of disposals
7,450
31,369
111)
3,197
9,213
10,647
40.582
(111
Al 31 January 2025
38,808
12,410
51,218
Carrylng amount
Al 31 January 2025
3,895,794
49,639 3,945,433
Al 31 January 2024
3.929,447
25,023 3,954,470
13 Debtors
2025
2024
Amounts falllng due withln one year:
Other debtors
8,424
5,233
14 Creditors: amounts falling due withln one year
202S
2024
Other creditors
Accruals and deferred income
537,731
7,567
1,191,001
21,110
545,298
1,212,111
15 Retirement benefit Schemes
2025
2024
Defined contribution schemes
Charge lo profit or loss in respect of defined contribution schemes
1,581
16-

IRON AID FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY2025
15 Retirement benefit schemes
Icontinued)
The charitable company operates a defined contribution pension scheme for all qualifying employees. The
assets of the scheme are held separately from those of the charitable company in an independently
administered fund.
16 Restricted funds
The restricted funds of Ihe charity comprise the unexpended balances of donations and grants held on Irusl,
subject lo specific conditions imposed by the donor as lo their use. These funds may only be utilised for the
particular projects or purposes specified by the donor and arè accounted for separately from unrestricted
funds.
At 1 February
2024
Incoming
reSou￿eS
Resources At 31 January
èxpended
2026
Fixed Asset
Other Reslricled Fund
2,589,334
41,204
32,844
(29,2811
132,843)
2,601,258
2,589,334
74,048
(62,124)
2,601,258
Prevlous year:
At 1 February
2023
Incomlng
rosour¢es
Resources At 31 January
expended
2024
FixedAsset
1,918.501
678,960
(8,127)
2,589.334
The Trustees ensure that restricted funds are only spent in a¢cordance with the wishes and instructions of the
donors. During the year, all restricted funds received were applied lo their designated purposes, and no
transfers were made to unrestricted reserves.
The fixed asset purchase was funded primarily by a restricted fund, and any amount exceeding the restricted
fund was covered by unrestricted fund to complete the acquisition. As al the year end, there were no
unexpended restricted funds, and therefore the balance on restricted reserve is nil.
17 Unrestricted fund8
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are
not subject lo specific conditions by donors and grantors as lo how they may be used. These include
designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
At 1 February
2024
Incoming
resources
Resources At 31 January
expended
2025
General funds
706,652
670,114
1117,760)
1.259,006
17-

IRON AID FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY2025
17 Unrestricted funds
(Continued)
Previous year:
At 1 February
2023
Incoming Rosources At 31 January
resources
expendèd
2024
General funds
671,266
366,807
{331,421)
706,652
18 Analysls of net assets befvieen funds
Unrestrltted
funds
2025
Restricted
funds
2025
Total
2025
At 31 January 2025:
Tangible assets
Current asselsl(liabilities)
1,311,332
(52,326)
2,634,101
(32,843)
3,945,433
{85,1691
1,259,006
2,601,258
3,860,264
Unrestrlcted
funds
2024
Restricted
funds
2024
Total
2024
At 31 January 2024:
Tangible assets
Current assetsl(liabililiesl
1,365,136
{658,484)
2,589,334
3,954,470
{658,484}
706,652
2,589,334
3,295,986
19 Related party transactions
During the year the Foundation entered into the following Iransaclions with related parties..
None of the Trustees received any remuneration or benefits from the charitable company during the year.
However, two individuals connected to the trustees received a lolal payment of £1,720 for services provided
under the Regular Community Service.11 is important to note that both individuals were paid at the same rate
as others who provided similar seNices. (2024 - None).
18-

IRON AID FOUNDATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
20 Cash (absorbed by)Igenerated from operatlons
2025
2024
Surplus for the year
564.278
706,219
Adjustments for:
(Gain)Ifoss on disposal of tangible fixed assets
Depreciation and impairment of tangible fixed assets
(11)
11.301
239,433
19,057
Movements In worklng capital:
{Increasel in debtors
(Decreasellincrease in creditors
13,191)
(666,813}
15,233}
781,805
Cash (absorbed by)Igeneratsd from operatlons
(94,436)
1.741,281
19