**Orion Foundation Charity Number: 1167372**
**Trustees' Annual Report and Financial Statements for the Period 1 April 2023 to 31 March 2024**
January 2025
## **Reference & Administration Details**
## **Charity name:**
## **Orion Foundation**
Charity number: 1167372 Charity's operating address: Flat 1, Luma Apartments, London Postcode: NW10 7FN
## **Names of the Charity Trustees who Manage the Charity**
_**Trustee Name**_
- 1: **Aneel Mohammad**
- 2: **Mohammad Raheel**
- 3: **Mohammad Shirjeel**
_**Appointed**_ 27 May 2016
27 May 2016
27 May 2016
## **Names & Addresses of Advisors**
_**Name**_
Bank: Lloyds Bank
## _**Address & Postcode**_
113-116 Leadenhall St, London EC3A 4AX
**Structure, Governance & Management**
## **Description of the Charity's Trusts**
**Type of Governing Document:** Constitution
**How the Charity is Constituted:** Charitable Incorporated Organisation
## **Trustee Selection Methods:**
Trustees are appointed or reappointed annually at the Annual General Meetings. However, no changes were made during the year.
## **Objectives & Activities**
## **Summary of the Objects of the Charity as set out in its Governing Document**
Our charity's purposes as set out in the objects contained in the company's memorandum of association are to: Such charitable purposes for the public benefit as are exclusively charitable according to the laws of England and Wales as the Trustees may from time to time determine.
## **Summary of the Main Activities Undertaken for the Public Benefit in Relation to the Charity's Objects**
During the year the charity did not raise any donations or provided any services.
## **Additional Details of Objectives & Activities**
The charity does not have any restricted funds and requests for donations for these funds are personally assessed by the Trustees. All beneficiaries are interviewed in person to assess their needs and to safeguard against potential fraud, the maximum amount of grant issued for any individual/family per application is restricted to a maximum of £500 per year. The grants are allocated for specific purposes (eye operation, school supplies, food items etc.) In addition, records, including copies of government issued identity are kept on the file before any grants are issued. All trustees give their time voluntary and received no remuneration or other benefits.
## **Achievements & Performance**
## **Statutory Declaration**
The trustees declare that they have complied with their duty to have due regard to the guidance on public benefit published by the commission in exercising their powers or duties.
## **Summary of the Main Achievements of the Charity for the Year**
During the year the charity did not raise any donations or provided any services.
**Financial Review**
## **Brief Statement of the Charity's Policy on Reserves**
Any surplus funds which are not likely to be needed to pay for activities are placed in bank. We hold cash at bank of around £1,785.00 all of which is unrestricted funds. These funds are held in order to meet any unforeseen expenditure that may occur.
## **Details of Any Funds Materially in Deficit**
Not applicable
## **Further Financial Review Details**
During the year the charity did not raise any donations.
In the coming year we plan to continue to raise funds through Charities Trust and use the funds to allocate grants as required.
## **Statutory Notes to the Accounts**
## **Particulars of Any Outstanding Guarantee Given by the CIO**
Not applicable
## **Declaration**
## **The Trustees declare that they have approved the Trustees' Report above.**
Signed on behalf of the Charity's Trustees
**Signature(s):**
**Full Name(s):** Aneel Mohammad **Position(s):** Trustee
**Date:** 20/01/2025
|||**CC16a**|
|---|---|---|
||||
|**A1 Receipts**
Donations (Charities Trust – My
Giving)
**_Subtotal_**_(Gross income for AR)_
**A2 Asset and investment sales,**
**(see table).**
**_Sub total_**||**Last year**
**to the**
**nearest £**|
||**0**
**0**
**0**
**0**
**-**
**-**
**-**
**-**|**3,000**
**3,000**
**-**|
|**_Total receipts_**|**-**
**-**
**-**
**0**|**0**|
|**A3 Payments**
Grants - Individual
Grants – Medical
Forex translation loss
Postage and Stationery|**860**
**860**
**310**
**310**
**-**
**-**
**150**
**150**|**580**
**140**
**110**
**-**|
|**_Sub total_**|**1,320**
**-**
**-**
**1,320**|**830**|
|**A4 Asset and investment**
**purchases, (see table)**
Computer equipment
Travel expenses|**0**
**0**
**0**
**0**|**0**
**0**|
|**_Sub total_**|**0**
**-**
**-**
**0**|**0**|
|**_Total payments_**|**1,320**
**-**
**-**
**1,320**|**830**|
|**_Net of receipts/(payments)_**|**(1,320)**
**-**
**-**
**(1,320)**|**(830)**|
|**A5 Transfers between funds**
**A6 Cash funds last year end**|**-**
**-**
**3,105**
**3,105**|**-**
**935**|
|**_Cash funds this year end_**|
**1,785**
**-**
**-**
**1,785**|**3,105**|
## **Section B Statement of assets and liabilities at the end of the period**
|**B1 Cash funds**
Cash held in GBP
Cash held in Forex
**_Total cash funds_**
(agree balances with
receipts and payments
account(s)
**B2 Other monetary assets**
**B3 Investment assets**
**B4 Assets retained for the**
**charity’s own use**
**B5 Liabilities**
Signed by one or two trustees
on behalf of all the trustees
Signature|**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**to nearest £**
**to nearest £**
**to nearest £**|
|---|---|
||**369**
**1,416**
**1,785**
**-**
**-**
OK
OK
OK
**Unrestricted**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**to nearest £**
**to nearest £**
**to nearest £**|
||**-**
**-**
**-**
**-**
**-**
**-**
**Fund to**
**which asset**
**belongs**
**Cost**
**(optional)**
**Current**
**value**
**(optional)**|
||**-**
**-**
**-**
-
**-**
**-**
**Fund to**
**which asset**
**belongs**
**Cost**
**(optional)**
**Current**
**value**
**(optional)**|
||**-**
**-**
**-**
**-**
**-**
**-**
**Fund to**
**which**
**liability**
**relates**
**Amount**
**due**
**(optional)**
**When due**
**(optional)**|
||**-**
**-**
Print Name
Date of
approval|
||Aneel Mohammad
20/01/2025|