Charity Registration No. 1156487 I HUMAN FOUNDATION (A CHARITABLE INCORPORATED ORGANISATION) REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 SHABIR NAWAB & CO ACCOUNTANTS 11 Portland Road, Edgbaston BIRMINGHAM B16 9HN
I HUMAN FOUNDATION IA CHARITABLE INCORPORATED ORGANISATION) CONTENTS FOR THE YEAR ENDED 31 MARCH 2025 Pages Trustees, report Independent examinerfs report Statement of financia l activities Balance sheet Notes to the financial accounts 9-16
I HUMAN FOUNDATION IA CHARITABLE INCORPORATED ORGANISATIONI TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their report and financial statements for the year ended 31 March 2025. The Trustees have adopted the requirements of the charity's governing document and the provisions of the Statement of Recommended Practice ISORPI Accounting and Reporting by Charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic o, Ireland {FR5 102) (effective 01 January 20191. Reference and administration details Registered Charity Number 1156487 Principal address 59 Woodlands Road Sparkhill Birmin8ham BII 4EI Trustees Tariq Mahmood Mohammed Rafi Mohammed Waseem Khan Structure, governance and management Governing document/Constitution The charlty is controlled by its governing document, a deed of trust and constitutes a Charitable Incorporated Organi5ation (CIO). Tax status The charity is registered a5 a CIO and Is therefore exempt from corporation tax and income tax. Organisational structure The Charity is principally based in Birmingham, UK but works with organisations across the United Kingdom and abroad. The Trustees are responsible for the governan of the Charity, and the day-to-day management is performed by the Trustee5 and volunteers. Key risks and uncertointies The Trustees actively review the major risks which the Charity faces on a regular basis, in particular those relating to its operations and fina nce5. They are satisfied that systems are in place to m itigate the charity's exposure to the major risks. The risk management strategy comprises: A regular review of the risks which the Charity may face. The adequacy of current systems and procedures to mitigate those risks identified in the strategy; and The implementation of procedures designed to minimise any potential risk on the Charity should any of those risks materialise. The strategy 15 reviewed regularly by the Trustees.
I HUMAN FOUNDATION (A CHARITABLE INCORPORATED ORGANISATIONI TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 Aims. objectives and activities Objectives: 'Yhe prevention or relief of poverty, sickness or flnancial hardship, anywhere in the world, by providing or assisting in the provision of food aid, education, trainin& healthcare projects, disaster and the effects of war relief, all the necessary support designed to enable individua15 to generate a sustainable income and be self-5ufficient, and any other avenue deemed suitable through: grants, items and services to individuals in need and/or charities or other organisations working to meet these aims." Public benefit statement The section of this report above entitled 'Aims, objectives and activities, sets out the aims and priorities of the Charity. The Trustees have considered this matter, in conjunction with the guidance contained in the Charity Commission's general guidance on public benefit, and have concluded: That the aims of the Charity continue to be charitable; That the aims and work done give identifiable benefits to the charitable sector and both indirectly and directly to individuals in need; That the benefits are for the public, are not unreasonably restricted in any way and certainly not by ability to pay That there is no detriment or harm arising from the aims or activitie5. Review of achievements and performancefor the year The current year has allowed us to fund food and water aid distribution carnpaigns in Pakistan and Uganda. Financial review Principal sources offunding The principal source of funding for the Charity is from individual donors within the UK. Voluntary donations received this year for the charity came to £62,089 (2024: £54,791), with no other income source. Costs were kept under rigid control during the year. Resee5 Policy The Charity holds unrestricted funds which have been provided to the charity via donations. Under the terms of the donations, the charity must retain the assets in perpetuity and can only use the income to support its charltable activities. The unrestricted funds represent income earned but not yet utillsed in supporting charitable activities. At 31 March 2025, the charity held reserves of £23,403 (2024: £7,406).
I HUMAN FOUNDATION IA CHARITABLE INCORPORATED ORGANISATIONI TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 Statement of Trustees. responsibilities The Trustee5 are required to prepare financial statements for each financial year in accordan with applicable law and United Kingdom Accounting Standards {United Kingdom Generally Accepted Accounting Practice}, which give a true and fair view of the state of affairs of the Charity and the incoming resources and application of resources, including the net income and expenditure for the year. in preparing those financial statements, the Trustees are required to: select suitable accounting policies and then apply them consistently,. make judgements and estimates that are reasonable and prudent; state whether applicable accounting standards have been followed, subject to any material departure5 disclosed and explained in the financial statements. and prepare the financial statements on the going concern basis, unless it 15 inappropriate to presume that the Charity will continue in business. The Trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and which enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and all other applicable law. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Accounts preparation The Trustees confirm that the accounts comply with current statutory requirements, and with those of the governing instrument. th Thi5 report was approved by the Trustees on 20 January 2026 & signed on their behalf, by: Tariq Mahmood Trustee
I HUMAN FOUNDATION (A CHARITABLE INCORPORATED ORGANISATION) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2025 Independent examiner's report to the Trustees of l HUMAN FOUNDATION I report to the charity trustees on my examination of the financial statements of the charity for the year ended 31 March 2025. This report is made solely to the charity's Trustees, as a body, in accordance with section 145 and the regulations made under section 154 of the Charities Act 2011. My work has been undertaken so that I might state to the charit¢5 trustees those matters. Respective responsibilities of Trustees and Examiner The Trustees are responsible for the preparation of the financial statement5. The Trustees consider that an audit is not required for this year under sectlon 144{2) of the Charities Act 2011 Ithe Art) and that an independent examination is needed. Having satisfied myself that the company is not subject to audit under charity or company law and is eligible for independent examination, it is my responsibility to: examine the financial statements under section 145 of the Act,. follow the procedures laid down in the general Directions given by the Charity Commission under section 14515llbl of the Act,. and state whether particular matters have come to my attention Basis of independent examiner's report My examination was carried out in accordance with the general dlrections given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the f inancial statements presented with those records. It also includes consideration of any unusua l items or disclosures in the financial statements, and seeks explanations from the Trustees, concerning any such matters. The procedures undertaken do not provide all the evldence that would be required in an audit, and Consequently I do not express an audit opinion on the view given bythe financial statements.
I HUMAN FOUNDATION {A CHARITABLE INCORPORATED ORGANISATIONI INDEPENDENT EXAMINERS REPORT FOR THE YEAR ENDED 31 MARCH 2025 Independent examlnerfs statement In the course of my examination, no matter has come to my attention:. 11 which gives me reasonable cause to believe that in any material respect the requirements- to keep accounting records in accordance with Sectlon 130 of the Act; and to prepare financial statements which accord wlth the accounting records and comply with accounting requirements of the Act and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or 2} to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached. Shablr Nawab & 11 Portland Road Edgbaston Birmingham B169HN Accountants th Dated: 20 January 2026
I HUMAN FOUNDATION IA CHARITABLE INCORPORATED ORGANISATIONI STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 Totsl Total 2025 2024 Note Incomlng Resources: Donations and legacies 62,089 54,791 Total incoming Resources 62,089 54,791 Resources Expanded: Expendlture: Raising funds Charitable activities 1,702 57,934 46,092 Total expenditure 46,092 59.636 Net IncominEI(Outgoing) Resources for the Year 15.997 {4.845} Total funds brought forward 7,406 12,251 Total funds carrfed forward 23,403 7,406 All incoming resources and resources expended derive from continuing activities. The notes on pages 9 to 16 form part of these financial statements.
I HUMAN FOUNDATION IA CHARITABLE INCORPORATED ORGANISATION) BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Note Fixed assets Tangible fixed assets 50 Current assets Cash at bank and in-hand 13 23,902 8,856 23,902 8,856 Creditors: Amounts falling due within one year io 500 1,500 Net current assets 23,403 7,356 Net assets 23.403 7,406 Funds Unrestricted; General funds 11 23,403 7,406 23,403 7,406 The notes on pages 9 to 16 form part of these financial statements. th The financial statements were approved by the Trustees on 20 January 2026 & signed on their behalf, by: Tariq Mahmood Trustee
I HUMAN FOUNDATION {A CHARITABLE INCORPORATED ORGANISATIONI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement 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 01 January 2019}- {Charities SORP IFRS 102)) and the Financial Reporting Standard applicable in the U K a nd Republic of Ireland {FRS 102). The Charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical c05t or transaction value unless Otherwise stated in the relevant accounting pollcy. The following principal accounting policies have been applied.. oj Incoming resources Income includes the total funds received during the year and comprise5 donations collected directly or by volunteers and income from fundraising events. Income is recognised in the year in which the charity is entitled to receipt and the amount can be measured with reasonable certainty. Income tax reclaimable under the Gift Aid Scheme is recognised on an accruals basis once income is considered probable. Donors are given the option to restrict their donation when it is rnade. Any Gift Aid claimed on restricted donations is classed as unrestricted income. b) Resources expended and basis ofallocatlon Expenditure is included when incurred and has been shown in the Statement of Financial Activities inclusive of non-recoverable Value Added Tax. Expenditure on operational programmes is recognised in the year in which it is incurred. Currently all costs are directly attributable to specific activities, but where required, certain shared costs will be apportioned to activities in furtherance of the objects of the Charity.
I HUMAN FOUNDATION IA CHARITABLE INCORPORATED ORGANISATIONI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 c) Funds accounting Funds held by the charity are: Unrestrictedfunds - These are funds which can be used in accordance with the charitable objects at the discretion of the Trustees. Restricted funds These are funds whlch are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. dj Tangible Fixed assets Tangible fixed assets are depreciated per the following rates: Equipment -25% straiBht line e) Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepatd net of any trade discounts due. f) Cash at bank and in hond Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposlt or similar account. g) Credltors and pmvisions Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recogni5ed at their settlement amount after allowing for any trade discounts due. h) Financi¢71 instruments The charity only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties. io
I HUMAN FOUNDATION {A CHARITABLE INCORPORATED ORGANISATIONI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 i) Judgements in applying accounting policies and key sources of estimation uncertointy In preparing the Financial Statements, management is required to make estimates and assumptions which affect reported income, expenses, assets, liabilities and disclosure of contingent assets and liabilities. Use of available information and application of judgement are inherent in the formation of estimates, together with expectations of future events that are believed to be reasonable under the circumstances. Actual results in the future could differ from such estimates. The director5 consider that there are no significant areas of key judgement or estimation uncertainty other than those identified in the accounting policies above. 2. Donations and legacies Unrestrirted Fund5 2025 Restricted Funds 2025 Total Funds 2025 Total Funds 2024 Voluntary donations 25,894 36,195 62,089 54,791 17,796 36,995 62,089 54,791 3. Expenditure on ralsing funds Unre5trirted Funds 2025 Restricted Funds Total Funds 2025 Total Funds 2024 2025 Marketing & promotions 1,702 1,702 11
I HUMAN FOUNDATION {A CHARITABLE INCORPORATED ORGANISA.TION) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 4. Charitable expenditure Provision of Food-packs and water-aid By country Unrestricted Funds 2025 Restricted Funds 2025 Total Funds 2025 Total Funds 2024 Pakistan Turkey Uganda UK Support Costs 39,048 39,048 53,379 1,700 6,025 1,019 6,025 1,019 2,855 46,092 46,092 78,647 5. Support costs Unrestricted Funds Restricted Funds 2025 Total Funds 2025 Total Funds 2025 2024 Salaries & wages Office costs Governance costs 1,676 473 706 450 569 450 569 1,019 1,019 2,855 6. Trustees costs During the current or previous year no remuneration or benefits for services as a trustee have been paid or were payable, directly or indirectly, out of the funds of the charity to any trustee or to any person known to be connected with them. 12
I HUMAN FOUNDATION {A CHARITABLE INCORPORATED ORGANISATION) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 7. Employees 2025 Head count 2024 Head count No. of employees Operations Administration 2025 2024 Employment costs Salaries & wages 1,676 1.676 8. Volunteers The charity is being run through the kind help of committed volunteers. The Trustees would like to thank all the volunteers without whom the Charity would not be able to run. 13
I HUMAN FOUNDATION (A CHARITABLE INCORPORATED ORGANISATION} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 9. Fixed assets Equlpment Total At 31 March 2024 Additions 400 400 At 31 March 2025 400 400 Depreciation At 31 March 2024 Charge for the period 350 350 49 49 At 31 March 2025 399 399 Net book value At 31 March 2025 At 31 March 2024 150 150 10. Creditors Amounts owing within one year 2025 2024 Accruals 500 1,500 500 1,500 14
I HUMAN FOUNDATION (A CHARITABLE INCORPORATED ORGANISATIONI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 11. Statement of funds Brought forward Incoming resources Resources Expended Carried forward General Funds 7,406 62,089 (46,0921 23,403 Total funds 7,406 62,089 (46,095) 23,403 12. Related parties There were no related party transactions for the year. 15
I HUMAN FOUNDATION (A CHARITABLE INCORPORATED ORGANISATION} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 13. Analysis of cash and cash equivalents 2025 2024 Cash at bank and in hand 23,902 8,856 Total of cash and cash equivalents 23,902 8,856 13A Analysis of changes in net debt At start Cashflows in year At end of year of year Cash 7,406 15,997 23,403 7,406 15,997 23,403 14. Ultimate controlllng party The Trustees do not consider there to be an ultimate controlling party. 16