Registered number 07376162
Charity number 1140216
FOUNDATIONS FOR PEOPLE (Company limited by guarantee)
Report and Accounts
31 March 2025
## **FOUNDATIONS FOR PEOPLE Report and accounts Contents**
||**Page**|
|---|---|
|Company information|1|
|Director/ Trustees' report|2|
|Independent Examiners Report|3|
|Statement of Financial Activities (Income and expenditure accou|4|
|Balance sheet|5|
|Notes to the accounts|6|
## **FOUNDATIONS FOR PEOPLE Company Information**
## **Directors**
Mr B M Bostan (Trustee) Mr R Ali (Trustee) Mr M Mohammed (Trustee)
## **Accountants**
Munir Chaudry Associates Chartered Certified Accountants 1 Edmund Street Bradford West Yorkshire BD5 0BH
## **Registered office**
3 Paternoster Lane, Bradford, West Yorkshire BD7 3DS
**Companies House number** 07376162
**Charity number** 1140216
1
**FOUNDATIONS FOR PEOPLE Registered number: 07376162 Directors' Report**
The directors present their report and accounts for the year ended 31 March 2025.
## **Principal activities**
The company's principal activity during the year continued to be an Islamic Education Charity and a place of Worship for the local community.
The company was able to provide charitable and religious services to the local community. It continues to use any funds raised to promote education, sell books and islamic products, health awareness and offer a place of worship to the local community.
## **Directors/ Trustees**
The following persons served as directors during the year:
Mr B M Bostan (Trustee) Mr R Ali (Trustee) Mr M Mohammed (Trustee)
## **The organisational structure and how decisions are made:**
The organisation is run by an elected board of Directors/ Trustees, who are elected from the membership of the organisation. The board members meet on a regular basis to discuss the affairs of the organisation and make the decisions from the board room
The board of directors/trustees position is permanent until they resign.
## **Risk Management**
The directors and trustees have a duty to identify and review the risks to which the charity is exposed and to ensure that appropriate controls are in place to provide reasonable assurance against fraud and error
## **Small company provisions**
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 28 November 2025 and signed on its behalf.
Mr Bashart M Bostan, Mr Rehan Ali and Mr Mahroof Mohammed Directors/ trustees
2
## **FOUNDATIONS FOR PEOPLE Independent Examiners Report**
## **Accountants' report to the directors of FOUNDATIONS FOR PEOPLE for the year ended 31 March 2025**
The trustees (who are also the administrators of the charity for the purposes of charity law) are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and to state whether particular matters have come to my attention.
## **Independent examiner's statement**
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters.
The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
In connection with my examination, no matter has come to my attention to indicate that:
- accounting records have not been kept in accordance with Charities Act 2011 • the accounts do not accord with such records:
• where accounts are prepared on an accruals basis, whether they fail to comply with relevant accounting requirements and, or are not consistent with the Charities SORP (FRS102)
• any matter which the examiner believes should be drawn to the attention of the reader to gain a proper understanding of the accounts.
Shahbaz Munir (FCCA) Munir Chaudry Associates Chartered Certified Accountants
1 Edmund Street Bradford West Yorkshire BD5 0BH
_The report was approved by the Independent_ Examiner on: 28 November 2025
3
## **FOUNDATIONS FOR PEOPLE**
## **Statement of Financial Activities (Income and expenditure account) for the year ended 31 March 2025**
|**Income**
Grants & Donations
**A**
**Resources expended**
Direct charitable expenditure
Management and administration of the charity
**Total resources expended**
**B**
**C**
Adjustment to reserves
**Net Movement in funds**
Total funds brought forward
**Total funds carried forward**
See note 8
**Net Incoming Resources available for**
**charitable applications**
**Net Incoming Resources before**
**revaluations and investment asset**
**disposals (A-B = C)**|Restricted
Unrestricted
**Total**
2025
2025
**2025**
£
£
**£**
1,000
278,974
279,974
1,000
278,974
279,974
(1,000)
(116,261)
(117,261)
-
(141,513)
(141,513)
-
21,200
21,200
-
21,200
21,200
-
-
-
-
21,200
21,200
-
662,622
662,622
-
683,822
683,822|**Total**
**2024**
**£**
247,226
**247,226**
(130,889)
(95,007)
21,330
21,330
-
21,330
641,292
662,622|
|---|---|---|
The net movement in funds referred to above is the net incoming resources as defined in the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales and is reconciled to the total funds as shown in the Balance Sheet Notes as required by the said Statement.
All activities derive from continuing operations
**The notes and schedule to the Statement of Financial Activities form an integral part of these accounts**
4
|**FOUNDATIONS FOR PEOPLE**
**Registered number:**
**Balance Sheet**
**as at 31 March 2025**
**Notes**
**Fixed assets**
Tangible assets
3
**Current assets**
Stocks
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
6
**Net current assets**
**Net assets**
**Capital and reserves**
Called up share capital
(guarantees)
Reserves accumulated
8
**Net reserves**|07376162
36,445
180,794
217,239
2,070|**2025**
**£**
464,543
219,309
683,852
30
683,822
683,852
-|**2024**
**£**
464,543
36,445
169,594
206,039
(7,930)
198,109
662,652
30
662,622
662,652
-|
|---|---|---|---|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Bashart M Bostan, Mr Rehan Ali and Mr Mahroof Mohammed Director/ Trustee
Approved by the board on 28 November 2025
5
**FOUNDATIONS FOR PEOPLE Notes to the Accounts for the year ended 31 March 2025**
## **1 Accounting policies**
## _**Basis of preparation**_
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
## _**Turnover (Income)**_
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
## _**Unrestricted funds**_
Unrestricted funds are the net incoming resources available for the objects of the charity without specified purposes and are part of the general funds.
## _**Restricted funds**_
Restricted funds are the net incoming resources avaiable for a particular area or purpose stated by the donor and are allocated appropriately.
## **Analysis of incoming resources and analysis of management and admin. costs**
Charitable expenditure includes all expenditure directly related to the objects of the charity and comprises the following :-
- Costs of raising and generating funds a. Costs of raising and generating funds b. Grants and donations payable in furtherance of the charity's objectives
c. Activities in furtherance of the charity's objectives
- d. Management and administration of the charity
The details required by the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales are shown in the Statement of Financial Activities (income and expenditure account).
## _**Depreciation**_
_Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives._
Freehold/ (leasehold) land and buildings
Fixtures, fittings, tools and equipment
0% straight line because the director's believe that the market value is greater than cost
shown as equipment expensed
## _**Stocks**_
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
6
**FOUNDATIONS FOR PEOPLE Notes to the Accounts for the year ended 31 March 2025**
## _**Creditors**_
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
## _**Foreign currency translation**_
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
|**2**
**Employees**
Average number of persons employed by the company
There were no employees receiving more than £30,000 per annum
**3**
**Tangible fixed assets**
**Land and**
**buildings**
**Plant and**
**machinery**
**etc**
**£**
**£**
**Cost**
At 1 April 2024
464,543
-
At 31 March 2025
464,543
-
**Depreciation**
At 31 March 2025
-
-
**Net book value**
At 31 March 2025
464,543
-
At 31 March 2024
464,543
-|**2025**
**Number**
9
**Motor**
**vehicles**
**£**
-
-
-
-
-|**2024**
**Number**
6
**Total**
**£**
464,543
464,543
-
464,543
464,543|
|---|---|---|
Land and buildings are not being depreciated because the directors believe market value is greater than the cost.
|**4**
**Creditors: amounts falling due within one year**
Other creditors
**5**
**Reserves accumulated**
Restricted
Unrestricted
**£**
**£**|**2025**
**£**
(2,070)
**2025**
**£**|**2024**
**£**
7,930
**2024**
**£**|
|---|---|---|
7
## **FOUNDATIONS FOR PEOPLE Notes to the Accounts**
## **for the year ended 31 March 2025**
|At 1 April 2024
Surplus/ (deficit) for the year
At 31 March 2025|-
-
-|662,622
21,200
683,822|662,622
21,200
683,822|641,292
21,330
662,622|
|---|---|---|---|---|
Reconciled to Balance Sheet and Statement of Financial Activities (Income and expenditure account)
## **6 Controlling party and related parties**
The directors/ trustees have control of the company/charity. There were no related parties except that the charity owns 100% of Al Baseerah Travel Limited
## **7 Other information**
FOUNDATIONS FOR PEOPLE is a private company limited by guarantee and incorporated in England. Its registered office is:
3 Paternoster Lane, Bradford, Wes
The company uses the following trading names: Masjid As-Sunnah Albaseerah Salafi Bookstore Albaseerah Travel Down to Earth Educating Muslims
## **11 Going concern**
The company has sufficient cash at bank and has raised further funds since the year end, which provide adequate resources to finance committed development programme, along with the day to day operations. The trustees monitor the expenditure level and adjust development expenditure to ensure that expenditure is only incurred when sufficient funds are available to cover payments as they fall due. On this basis, the trustees have reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, being a period of twelve months after the date on which this report and financial statements are signed. For this reason, it continues to adopt the going concern basis in the financial statements.
## **12 Winding up or dissolution of the company/charity**
If the charity were to be dissolved or wound up the trustees would pass any net assets to similar organisations and deserving causes.
8
## **FOUNDATIONS FOR PEOPLE**
## **Detailed income and expenditure account for the year ended 31 March 2025**
_This schedule does not form part of the statutory accounts_
|Restricted
Unrestricted
Total
2025
2025
**2025**
**Income**
**£**
**£**
**£**
Al Baseerah Travel (see subsidiary accounts)
-
-
**-**
Educating Muslims, Fees and Albaseerah Quran Sc
-
50,406
**50,406**
Donations and other income such as rent, int, invest
1,000
95,460
**96,460**
Salafi Book Store and AQS
-
133,108
**133,108**
Gift aid and grants
-
-
**-**
1,000
278,974
**279,974**
**Less:**
**Direct charitable expenditure**
Purchases (goods, services and books etc)
-
84,281
84,281
Decrease in stocks
-
-
-
Donations to other charities
1,000
31,980
32,980
1,000
116,261
**117,261**
**Less:**
**Administrative expenses**
Employee costs:
Wages and salaries
-
99,296
**99,296**
Staff training and welfare
-
3,086
**3,086**
Motor expenses
-
36
**36**
-
102,418
**102,418**
Premises costs:
Rates and water
-
3,142
**3,142**
Light and heat
-
16,717
**16,717**
Cleaning and service charges
-
738
**738**
-
20,597
**20,597**
General administrative expenses:
Telephone and fax
-
576
**576**
Stationery, software and printing
-
(54)
**(54)**
Bank and card machine charges
-
4,596
**4,596**
Insurance
-
2,281
**2,281**
Equipment hired and expensed
-
-
**-**
Repairs and maintenance
-
6,832
**6,832**
-
14,231
**14,231**
Legal and professional costs:
Accountancy fees
-
1,725
1,725
Solicitors fees/ other legal
-
352
352
Advertising and PR
-
2,190
2,190
-
4,267
**4,267**
Total administrative expenses
-
141,513
**141,513**
**Net movement in funds**
-
21,200
**21,200**|Restricted Unrestricted
Total
2024
2024
**2024**
**£**
**£**
**£**
-
-
-
-
46,902
46,902
3,115
93,732
96,847
-
82,127
82,127
-
21,350
21,350
3,115
244,111
247,226
241
72,380
72,621
-
15,970
15,970
2,056
40,242
42,298
2,297
128,592
130,889
-
63,850
63,850
-
4,026
4,026
-
455
455
-
68,331
68,331
-
2,591
2,591
-
10,216
10,216
-
-
-
-
12,807
12,807
-
336
336
-
1,622
1,622
-
1,009
1,009
-
1,290
1,290
-
1,290
1,290
818
4,785
5,603
818
10,332
11,150
-
1,350
1,350
-
1,248
1,248
-
121
121
-
2,719
2,719
818
94,189
95,007
-
-
21,330
21,330|
|---|---|
9