THE SHEBA PROJECT LTD Charity No: 1151496 Trustees, Annual Report (Activitie5) | For the year ended 31 July 2025 Reference and Administrative Details Thc Sheba Proj¢¢l Ltd is a charitable ¢ompany limited by guarant¢e and r¢gistetTd with the Charity Commission for England and Wales (Chai'ity No. 1151496). The charity exists to pi'omote community coliesion, eduoalion, equality and the relief of disadvantage by bringing tog¢ih¢r people from different backgrounds and etnpowerkng individuals and QEnn]unities to impiove their lives. Chair's Intrvduclion The trustccs arc pleased to pr¢sent this report for the year ended 31 July 2025. Although the chai'ity continued to op¢rale with modest financial and slaffsng resources, the yeai. marked an encouraging pei'iod of renewed activity. Tlirough th¢ generosity of supporters, donatioiis aiid Gift Aid income increased significantly coinpared with the previous year, enabling the charity to expand its pro8ramIne delivery whilst mainlainiiig careful financial ov¢i'siglit. The trustees remain committed to rebuildlng the charity's activities in a sustainabl¢ way and ensuring that all expenditure is directed towards achieving our charitable purp05¢S. The Trustees serving this period (either part or whole period) are #s follows: Hammlld Alimed Hanif Abdultnuhit Layla Be8um Saira Sikdaka Rashida Ali Jahangir Hussain Jonathan Walk. Our Objectives The charity's objeclives are to bying together people from different cominunities, promote equality and understandin advance edu¢ation. tackle disadvantage and etnpower individuals to paiticipate posilively within society tl)rough education, coinmunity development and socilll action. Activities During the Year During the year the charity focused its resources on rebuilding community Pro.mmeS and strengthening its organisational pAcity. Community EdueAtion and Skills The charity continued to support educational and peKsonal developinent opportunities for members of tlie local comFnunity. Activities focused on improving employability, confldence and life skills, helping individuals become bcttey equipped lo parti¢ipal¢ in education, employment and wider cominunity life. Advice and signposting wer¢ also provided where appropriate lo help individuals access additional services and support. Community Cohesion Con.sistenl with tlie charity's long-standing aims, activiti¢s were designed to bl'ing together people from div¢rs¢ backgrounds through community engagcm¢nt, dialogu¢ and shared leaming opportunities. Trusl¢cs continiied to ¢ncourage participation Irom p¢ople of diffcrent ages, faiths and ethnic backgrounds, pi'oinoting underslandii)g, mutual resp¢ot and stroi)ger local coinmunities. Community Development The charity woi'ked with local residents and community orgat]isations to identify opportullities that address¢d local needs and strengthened cotntnunity resilience. This included supporting partnership working, encoui'aging volunle¢ring and developing projects aimed at reducing isolation while increasing participation in community life. OtydanisatÈonal Development Alongsid¢ frontline activity, trustees continued lo invest time in 5trength¢ning the organisation itself. This included maintaining governance arrangements, developing future funding opportunities, r¢viewing policies and proc¢dures and ensuring the charity remain¢d well placed to expand its activities as resources allow. This is an ongoittg proc¢ss and we will continue as resources allow, to improve our processes. Financial Revie The eh8rity r¢ceived total incoming resources of £50,649, coinpi'ising donations and Gift Aid. The majority of expenditure related directly to charitable activities and project delivery* together with staffing aiid essential running Costs.
The ts'ustees are satisfied that resources were appli¢d in furtherance of the cliarity's objective8 thioughout the yeai.. Th¢ charity I'ccorded a small operating deficit of £24, r¢l]¢cting the trustees, decision to maximise invcsttnent in Ch.11able activities whilst maintaining prudent financial manageinent. Staff & Volunteers We weTC fortunate to have enou resources to hire some paid help this year. We had 20 volunteers involved in our work this year. Tl)e Iruste¢s recognise ihe important contribution made by volunteers who have continued to suppoit the charity's activities throughout the year. Their commilinent and willingness to give their lime and expertise have enabled Ihe ¢harity to extend its Teacli despit¢ limited resour¢es. Plall5 for the Future Over the coinin¥ year. the trustees intend to build upon the progiEss made during 2024125 by= Expanding community eduoatioii and skills pro8rammes. Developing projects that improve community whesion and reduce social isolation. Slrengthening partnership5 with local organisations, schools and ¢ommunity groups. Increasing fundraising activity to diversify income and improv¢ long-term sustainability. Recruiting additional volunteers and trustees to strengthen organisational capacity. Continuing to improve governancey policie5 and operationAI systems in preparation for future gr0h. The trust¢¢s believe these priorities will enable the charity to increase its impact while reinaining financially sustainable. Ti'uste¢s ar¢ also awar¢ that our activities are always subject to funding and I'esources dui'ing the 0ratlIg year. Publi¢ Benefit In settiiig tl)¢ charity's objeclives and planning its activities, the trustees have liad due regai'd to th¢ Charity Commission's guidanc¢ on piiblic bcnefit. The trustees air satisfied that the a¢tivilie5 undertaken dliring the year have provided identifiable publi¢ benefit by advancing education, pnimoting community cohesion. supporting disadvantaged individuals and encournging active participation within local ¢oinmunities. Trustee Responsibilities The trustees Confirm that they hav¢ complied with their duties und¢i' chai'ity and compaiiy law in p1'eP.Ing this I'cport and overseeing the ¢harity's activities and finances during the year. They remain committed to ensuring the Gliarity continues to operate in a¢cordance with its charitable purpos¢s and in the best interests of ils b¢neficiarie8. Signed on behalf of Trustees: Hammad Ahmed ITru8tee) July 2026
Independent Examiners Report to the Trustees of For the year ended 31st luly 2025 RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER The charity's trustee consider that an audit is not required for this year (under Section 43{21 of the Charities Act 1993 (the Act) and that an independent examination is needed. It is my responsibility to examine the accounts (under section 43 of the Act) to follow the procedures laid down in the General Directions given by the charity commi55ion (under section 43171{bl of the Act), and to state whether particular matters have come to my attention. BASIS OF INDEPENDENT EXAMINER'S STATEMENT Accurate Acc Ltd was appointed as the charitable company's independent examiner. My examination was carried out in accordance with general Direction 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 is 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 I do not express an audit opinion on the accounts. INDEPENDENT EXAMINER'S STATEMENT In the course of my examination, no matter has come to my attention, l. which gives me reasonable cause to believe that in, any material respect the trustees have not met the requirements to ensure that: .proper accounting records are kept lin accordance with section 41 of the Act); and .accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act,, or 2. To which, in my opinion, attention should be drawn in order to enable a proper under t nding of the accounts to be reached. Accurate Acc Ltd
THE SHEBA PROJECT LTD Company Infomiation For the year ended 31 July 2025 Directors Hammad Ahmed Rashida Ali Jahangir Hussain Saira Sikdaka Layla Begum Hanif Abdulmuhit Regist8red Number 07718772 Registered Office (for report period) 33. Henniker Gardens, London E6 &iQ Accountsnts Accurate Acc Ltd 18,Laburnum Avenue Bedford MK404HQ Bankers Barclays Bank PIC Leicester LE872BB
Director's report and financial statements The directors present hislherltheir annual report and the financial statements for the year ended 31 July 2025. Principal activities The Sheba Project Ltd is constituted as a non-profit company limited by guarantee registered with the charity commission in April 2013 under the charity number 1151496. It is governed by a Memorandum & Articles of Association. The Sheba Project was established to bring together people from different backgrounds in London and help to create a truly integrated and united community where people not only tolerate each other and live parallel lives., but also get involved and engage positively with each other regardless of their backgrounds,. to bring about equality, hamony and understanding- through empowering, raising awareness and educating people to take control of their own lives and their environments and be better able to challenge discrimination and disadvantage at all levels. Statement of dlrectors. responsibilities Statement of Trustees responsibilities The charity trustees are responsible for preparing an annual report and financial statements in accordance with applicable law and UK Accounting Standards. The law applicable to charities in England and Wales requires Ihe charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming reSoUrS and application of resources of the charity for that period. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the charities Act 1993, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection offraud and other irregularities. The trustees for the purpose of charity law who served during the year and up to the date of this report are set out on page 1. Approved by the trustees and signed on its behalf by.. 4J.-4 AJ Hammad Ahmed Chair
THE SHEBA PROJECT LTD I ncome Statement For the year ended 31 July 2025 Notes 2025 2024 Incoming rasources Gross profit Selling and distribution costs Administrative expenses Operating loss Profitl(Loss) on ordinary activities before taxation Tax on profit on ordinary activities Profitl(Loss) for the fjnancial year 50,649 2,320 50,649 2.320 (378) (3,287) (1,345 (1,345) (1} (50,672) (24) (24) 11,345)
THE SHEBA PROJECT LTD Statement of Financial Position As at 31 July 2025 Notes 2025 2024 Current assets Cash at bank and in hand Creditors: amount falling due within one year Net current assets 1,657 (3,7451 (2,088} 523 (2,170) (1,647) Total assèts less current liabilities Creditors: amount falling due aftsr more than one year (2,088) (1,647) (1,399) (1,816) Net assets (3,487) (3,463) Capital and reserves Profit and loss account (3,487) 13,487 (3,463) (3,463) Shareholders. funds For the year ended 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors. responsibilities: 1. The members have not required the company to obtain an audit of its accounts forthe year in question in accordance with section 476. 2. 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. These financial statements have been prepared in accordan with the provisions applicable to companies subject to the small companies regime. The financial statements were approved by the board of directors on 29 July 2026 and were signed on its behalf by.. Hammad Ahmed Director
THE SHEBA PROJECT LTD Notes to the Financial Statements For the year ended 31 July 2025 General Informatlon THE SHEBA PROJECT LTD is a private company, limited by shares, registered in England and Wales, registration number 07718772. registration address 33,Henniker Gardens., London, E6 3JQ. The presentation currency is £ sterling. 1. Accounting policies Significantaccounting policies Statement of compliance These financial statements have been prepared in compliance with FRS 102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. Basis of preparation The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies. The financial statements are prepared in sterling which is the functional currency of the company. 2. Average number of employees Average number of employees during the year was 1 (2024 '. 1). 3. Creditors: amount falling due within one year 2025 2024 Trade Creditors 3,745 3,745 2,170 2,170 4. Creditors: amount falling due after more than one year 2025 2024 Bank Loans & Overdrafts (secured) 1,399 1,399 1,816 1,816
THE SHEBA PROJECT LTD Notes to the Financial Statements For the year ended 31 July 2025 5. Profit and loss account 2025 Balance at 01 August 2024 Loss for the year Balance at 31 July 2025 (3,463) (24) 13,487
THE SHEBA PROJECT LTD Detailed Income Statement For the year ended 31 July 2025 2025 2024 Incoming resources Contributed income - Donations etc HMRC GiftAid 46,672 3,977 50,649 50.649 2,320 2,320 2.320 Gross profit Selllng and distribution costs Website Costs 378 (1) (378) Administrative expenses Other Staff-Related Expenses Accountancy Fees Rent Events,Meeting,Training etc General Insuran Stationery & Postage Projects cost - Restricted funds 13,654 300 1,159 200 1,000 750 305 350 3,091 32,276 223 650 (50,672) (24) (3,287) {1.345) Operating loss ProfiU(Loss) on ordinary activities before taxation {1,345) ProfitllLoss) for the financial year (24 {1,345