Charity Cornmission No: 1155376 AAR FOUNDATION CIO 73176 Shaw Hill Road Birmingham B3 3LN REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025
AAR FOUNDATION CIO 73176 Shaw Hill Road Birniingham B3 3LN CONTENTS Page Charity information Trustees, Report Accountants ReporL Statement of Financial Activities Balance Sheet Notes to the accounts
SIGNIFICANT INFORMATION Principal office AAR FOUNDATION CIO 73176 Shaw Hill Road Birmingham B3 3LN Registered Charity No 1155376 Officers The clMRity trustces during the Ye ended 31 March 2025 were Mr Amran Ellahi Mrs Yasmin Althtar Mrs Sara Aslam Chairman and Trustee Trustee Trustee Bankers Barclays Bank PIC t£icester LE87 2BB
AAR FOUNDATION CIO TRUSTEf4 Sl REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their TCPOrt for the year ended 31 March 2025. The financial statements have been prepared in accordance with tlie accounting policies on page 7 and coniply with the charity's trust deed and applicable law, The charity is a chitable Incorporated Organisation (CIO) governed according to the constitution dated 22 November 2013 and the charity is registered with the Charity Commission in England (No: 1155376). ORJECTS The objects of the CIO are: to promote the benefit of the inhabitants of Washwood Heath and surrounding areas without distinction of gender, sexual orientation, age disability, nationality, race or of political, religious, or other opinions, by associating together the said iuhabitants and the statutory authorities, voluntary and other organisations in a collllnon effort to advance education and to provide facilities in the interest of social wclfarc for recreation and leisure- time occupalion with the object of improving thc conditions of lrfe for the said inhabitants. To establish or secure the establishtnent of a community centre and to maintain and manage thc samc (whether alone or in co-operatlon with any statOry authority or other person) in furtherance of the objects ACTIVITIES AND PROGRESS During the year various activities took place to develop the social and communal experiences of our local and wider communities. These includcd musical perfomiances, communial madetion and cultural celebrations.wc also gavc out comrnunity hampers to support famalies who experiencillg financial difficulties FINANCE During the period the charity raised funds by collecting donations and gifts from community members. TRUSTEES, RESPONSIBILrrY FOR THE ACCOUNTS Charity law requires the trustees of the Association to prepare statements of accounts for each financial year which give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources for that period. preparing those financial statements, the triistees are required to select SItable accounting policies and apply them CODSiStendy' - make judgements and estimates that are reasonable and prudent. - lo prepare the financial statements in accordance with the methods and principles set out in the Statement of Recommended Practice Accounting and Reportuig by Clwities and to state whetber oi not the accounts have been prepared in accordallce with that statement and applicable accoullling slandards; - prepare the financial statements on the going concem b&8is unless it is inappropriate to - presume that the charity will continlle in operation.
AAR FOUM)ATION CIO TRUSTEES, REPORT FOR THE YEAR INDED 31 MARCH 2025 (continued) The trustees are responsible for kccpillg propcr accounting records which are sufficient to show and explain the charity's transactions and to disclose with reasonable accuracy at any time the financial position of the Associatio and to enable them to ensure that any statements of account comply with the requirements of the Charity (Accounts and Reports) Regulations 2000. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities RISK MANAGEMENT The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate our exposure to the major risks. RESERVES POLICY The ReSee Fund represents UDrestricted funds. The Trnstees aim to maintain sufficient reserves so as to give flexibility to cover temporary tirning differences for donations received, adequate working capital for core costs and which allow them to respond quickly to the needs of the Charity. Approved by the board of Trustees on 28 January 2026 and signed on their behalf by: . Chainnan/Trnstec Amran Ellahi
Independent Examiner's Report to the Trustees of AAR Foundation CIO I report on the accounts of AAR Foundation CIO for the period lded 31 March 2025 which are set out oil pages 5 to 9. Responsibilities and basis of report As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act.). I report in respect of my examiiiation of the charity's accounts carried out under section 145 of the Act and in carrying out my examiiiation I Iiave followed all the applicable Directions given by th¢ Charity Commissioii under section 145(5)(b) of the Act. Independent examiner's statement I have c(xnpleted iny examination. I confirni that no material matters have comc to my attentioii in connection with the examinatioll giving me cause to believe that in any tnaterial respect,. accounting records were not kept in respect of the charity as required by section 130 of the Act. or the accounts do not accord with thos¢ records or the accounts do not comply witli the applicable r¢qiiirements concerning the fom and content of accounts set out in the Charities {Accounts and Reports) Regulations 2008 other than any requirernent that the accounts give & 'true and fair View, which is not a matter wnsidered &s part of an indepeiident examination.. I lthve no concerns aiid have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enÉLble a proper understaiiding of the accounts to be reached. MAHMOOD AHED CHARTERED CERTIFIED ACCOUNTANT 784 Alum Rock Road Ward End Birmingham B8 2TE Dated.. 28 January 2026
AAR FOUNDATION CIO STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Income and endowments Donations and gifts Other income 7,924 4,907 390 Total income 7,924 5,297 Expenditure Expenditure on charitable Activities: Functions and events Rates and wat¢r Insurance Heat and light Telephone Motor expenses Repairs and renewals Post and stationery Sundry expenses Accountancy fccs Depreciation 2,659 1,466 155 460 774 686 355 1,673 136 452 842 424 350 1,311 46 350 780 Total expenditure 8,861 4,058 Net incoming resources for the year (937) 1,239 Total funds brought fonvard 19,896 18,657 Total funds carried forward 18,959 19,896 The notes on pages 7-9 fom] part of these accounts
AAR FOUNDATION CIO BALANCE SHKET AS AT 31 MARCH 2025 2025 2024 FIXED ASSETS Tangible fixed assets 56,263 53,253 CURRENT ASSETS Other debtors Cash at bank and in hand 3,200 3,077 3,200 6,675 6,277 9,875 CREDITORS: Amounts falling Due within one year Creditors and accruals (744) (395) TOTAL ASSETS LESS CURRENT LIABILITIES 5,533 9,480 NET ASSETS 61,796 62,733 FUNDS Unrestricted funds Gcncral fund 61,796 62,733 TOTAL CHARITY FUNDS 61,796 62,733 Approved by the board of Trustees on 28 Janllary 2026 and signed on their behalf by: AD]ran Ellahi TRUSTEE "rhe notes on page 7-9 form part of these accounts
AAR FOUNDATION CIO NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES 1.1 Basis of Accounting The financial statements have been prepared in accordance with the Charities SORP FRS 102 applicable to charities preparing their accounts in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, the Companies Act 2006 and UK Generally Accepted Practice as it applies from l January 2015. The Charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless other wise stated in the relevant accounting policy note(s). Preparatlon of the accounts on a going concern ba515 After malcing enquires, the Trustees have a reasonable expectation that the Clwity has adequate resources to continue its activities for the foreseeable future, Accordingly, they continue to adopt the going concern basis in preparing the financial staternents. There are no material uncertainties casting doubt on going concern. 1.2 Income Donatlolls and legacies are recogllised as income when the oharity becomes entitled to the resources Other income as accounted for on an accrual basis as far as it is pnident to do so. Inoome includes income tax recoverable. 1.3 Gift8 in kind The charity receives tlie benefit of work carried out by volunteers, aiid receives the use of facility and equipinent without cliarge. No value is placed on these items, where tlie benefit extends over several periods, in which case they are valued and included in the balance slieet at a reasonable valuation. 1.4 Grants Revenue grants are credited to the income and expenditure account as received, unless reKated to a specific period, wheii il is placed in a restricted funds imtil it is used. 1.5 Capiital expellditure Any expenditure related to the construction of the cultural centre is capitalised and included in the tangible fixed assets 1.6 Taxation As a registered charity, the company benefits from Rates Teliefand is generally exempt from Income tax and CapTlal Gains Tax but not frotn VAT. Irrecoverable V AT is included in the cost of t]iose items to which it relates. 1.7 Depreciation Improvemeiit to property: ConslrLlCtion work of centre is in progress and no depreciation is charged. Fixture8 and fittings 15 /0 reducllig balan¢¢
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 2. Trustees, Remuneration and Expenses No remuneration directly or indirectly out of the funds of the charity was paid or payable for the period to any trnstee or to any person or persons known to be comiected any of them. No reimbursement of expenses has been made or is due to be made to any of the trustees in respect of the year. 2025 2024 DONATIONS AND GIFTS Donations received 7,924 4,907 TAlYcIBL FIXfD ASSETS Fixtures & rittings Improvement to property Total Cost As at 31103124 Additions 9,822 4,321 48,832 58,654 4,321 As al 31103125 14,143 48,832 62,975 Depreciation As at 31.103124 Charge for the year 5,401 1,311 5401 1,311 As at 31103125 6,712 6,712 Net Book Value At 31.03/2025 7,431 48,832 56,263 At 3110312024 4,421 48,832 53,253 Centre construction is in progress and no depr¢ciation is charged 2025 2024 CREDITORS: Amounts fAlling due Within one year 744 396
NOTES TO THK ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 UNDS Unrestricted Funds 62,733 7,924 (8,861) Opening balance Incoming resources Outgoing resources Closing balance 61,796 Represeiited by net current assets 61,796 GOING CONCERN Trustee, s are satisfied that the charity will be able to continue its activities and Therefore accounts are preparred as going concern