2020-07-31-accounts - G1 Foundation

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Trustees' Annual Report for the period

Period start date Period end date Day Month Year Day Month Year From 01 08 2019 To 31 07 2020

Section A Reference and administration details

Charity name Other names charity is known by Registered charity number (if any) 1171721

G1 FOUNDATION

Charity's principal address 30 FORESTDRIVE WEST LONDON Postcode E11 1LA

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee(if any)
	MOHAMMED JIWAN
	SHAMIM AKHTAR
	NISBA JIWAN

Names of the trustees for the charity, if any, (for example, any custodian trustees)

Name Dates acted if not for whole year

March 2012

TAR

Names and addresses of advisers (Optional information)

Type of adviser Name Address

Name of chief executive or names of senior staff members (Optional information)

Section B Structure, governance and management

Description of the charity’s trusts

CONSTITUTION Type of governing document (eg. trust deed, constitution) CHARITABLE INCORPORATED ORGANISATION (CIO) How the charity is constituted

(eg. trust, association, company)

TRUSTEE MAJORITY Trustee selection methods

(eg. appointed by, elected by)

Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

policies and procedures adopted for the induction and training of trustees;
the charity’s organisational structure and any wider network with which the charity works;
relationship with any related parties;
t rustees’ consideration of major risks and the system and procedures to manage them.

Section C Objectives and activities

(1)

Summary of the objects of the charity set out in its governing document

TO RELIEVE SICKNESS AND TO PRESERVE GOOD HEALTH AMONG PERSONS IN NEED, BY MEANS OF, BUT NOT EXCLUSIVELY, THE PROVISION OR ASSISTANCE IN THE PROVISION OF EQUIPMENT, MEDICINES, HEALTH EDUCATION AND FACILITIES, SUCH AS HOSPITALS, TESTING AND TREATMENT CENTRES AND CLINICS FOR THE BENEFIT OF THE SAID PERSONS; (2)

TO RELIEVE FINANCIAL HARDSHIP, DISTRESS AND SUFFERING AMONG ORPHANS, WIDOWS, POOR PEOPLE, VICTIMS OF NATURAL

March 2012

TAR

DISASTERS AND OTHER PEOPLE IN NEED BY MEANS OF, BUT NOT EXCLUSIVELY, MAKING GRANTS OR LOANS FOR PROVIDING OR PAYING FOR ITEMS, EQUIPMENT, SERVICES AND FACILITIES, INCLUDING THE PROVISION OF FOOD, CLEAN WATER, CLOTHING AND ACCOMMODATION FOR THE BENEFIT OF THE SAID PERSONS. DURING THE YEAR, THE TRUSTEES SECURED THE USE OF LAND FOR FREE ON THE CONDITION THAT A MEDICAL CLINIC IS SETUP THERE IN KASHMIR. THE TRUSTEES STARTED A Summary of the main FUNDRAISING CAMPAIGN AND SETUP A WEBSITE PROMOTING activities undertaken for the THE PROJECT. UNFORTUNATELY, DUE TO COVID-19, THE public benefit in relation to PROGRESS ON THIS HAS BEEN SLOW, BUT THE TRUSTEES these objects (include within INTEND TO PICK THIS UP ONCE THE SITUATION CHANGES. THE this section the statutory TRUSTEES ALSO GAVE DONATIONS TO 2 UK CHARITIES TO declaration that trustees SUPPORT PROJECTS FOR THE NEEDY SUFFERING FROM have had regard to the FINANCIAL HARDSHIP. THE TRUSTEES HAVE ALSO ASSESSED guidance issued by the THE NEEDS OF LOCAL PEOPLE AND ARE CONSIDERING OTHER Charity Commission on PROJECTS IN THE LOCAL AREA TO RUN ALONGSIDE THE CLINIC public benefit) PROJECT. THE TRUSTEES HAVE HAD DUE REGARD TO THE GUIDANCE OF THE CHARITY COMMISSION ON PUBLIC BENEFIT AND ARE SATISFIED THAT THEY ARE ACTING IN ACCORDANCE WITH THAT GUIDANCE AND ARE MAKING A REAL DIFFERENCE FOR THE BENEFIT OF THE PUBLIC.

Additional details of objectives and activities (Optional information)

You may choose to include further statements, where relevant, about:

policy on grantmaking;
policy programme related investment;
contribution made by volunteers.

Section D Achievements and performance

DURING THE YEAR, THE TRUSTEES SECURED THE USE OF Summary of the main LAND FOR FREE ON THE CONDITION THAT A MEDICAL achievements of the charity CLINIC IS SETUP THERE IN KASHMIR. THE TRUSTEES during the year STARTED A FUNDRAISING CAMPAIGN AND SETUP A WEBSITE PROMOTING THE PROJECT. UNFORTUNATELY, DUE TO COVID-19, THE PROGRESS ON THIS HAS BEEN SLOW, BUT THE TRUSTEES INTEND TO PICK THIS UP ONCE THE SITUATION CHANGES. THE TRUSTEES ALSO GAVE DONATIONS TO 2 UK CHARITIES TO SUPPORT PROJECTS FOR THE NEEDY SUFFERING FROM FINANCIAL HARDSHIP. THE TRUSTEES HAVE ALSO ASSESSED THE NEEDS OF LOCAL PEOPLE AND ARE CONSIDERING OTHER PROJECTS IN THE LOCAL AREA TO RUN ALONGSIDE THE CLINIC PROJECT.

Section E Financial review

March 2012

TAR

Brief statement of the

charity’s policy on reserves

THE TRUSTEES SECURED INCOME OF £1,571 DURING THE YEAR AND EXPENDITURE OF £750, AND SURPLUS OF £821 WAS RETAINED FOR FUTURE CHARITABLE EXPENDITURE. THE CHARITY DOES NOT HAVE A POLICY ON RESERVES AS ALL SURPLUSSES WILL BE UTILISED FOR CHARITABLE EXPENDITURE AND ADMINISTRATIVE COSTS.

Details of any funds materially in deficit

NONE

Further financial review details (Optional information)

You may choose to include additional information, where relevant about:

the chari ty’s principal sources of funds (including any fundraising);
how expenditure has supported the key objectives of the charity;
investment policy and objectives including any ethical investment policy adopted.

Section F Other optional information

Section G 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) NISBA JIWAN Position (eg Secretary, Chair, TRUSTEE etc)

Date 29/01/2021

March 2012

TAR

	Charity Name G1 FOUNDATION	Charity Name G1 FOUNDATION	Charity Name G1 FOUNDATION	No (if any) 1171721	CC16a
	For the period from	Period start date 01/08/2019	To	Period end date 31/07/2020

Section A Receipts and payments
A1 Receipts	Unrestricted funds to the nearest £ 1,571 - - - - - - - 1,571 - - 1,571 500 170 80 - - - - - - - - 750 - - - - 750 821 - 1,301 2,122	Restricted funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Endowment funds to the nearest £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Total funds to the nearest £ 1,571 - - - - - - - 1,571 - - - 1,571 500 170 80 - - - - - - - - 750 - - - 750 821	Last year to the nearest £
Donations	1,571				1,301
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
	-				-
*Sub total*(Gross income for AR)	1,571				1,301

A2 Asset and investment sales, (see table).
					-
	-				-
~~*Sub total*~~	-				-
*Total receipts* A3 Payments
					1,301

AccountancyFees	500				-
Grants	170				-
Website	80				-
	-				-
	-				-
	-				-
	-				-
	-				-
	-
	-
	-				-
**Sub total **	750				-

A4 Asset and investment purchases, (see table)
	-				-
	-				-
	-				-
**Sub total **	-				-
*Total payments* *Net of receipts/(payments)* A5 Transfers between funds A6 Cash funds last year end *Cash funds this year end*
					-

	821	-	-	821	1,301
	-	-	-	-	-
	1,301	-	-	1,301	-
	2,122	-	-	2,122	1,301

R&P Accounts

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Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period	Section B Statement of assets and liabilities at the end of the period
Categories Signed by one or two trustees on behalf of all the trustees B5 Liabilities B3 Investment assets B2 Other monetary assets B4 Assets retained for the charity’s own use B1 Cash funds	Details Details *Total cash funds* (agree balances with receipts and payments account(s)) Cash at bank and hand Details Details Accountancy fees 2019-20 Details Accountancy fees 2018-19 Signature	Unrestricted funds Restricted funds to nearest £ to nearest £ 2,122 - - - - - 2,122 - OK OK Unrestricted funds Restricted funds to nearest £ to nearest £ - - - - - - - - - - - - Fund to which asset belongs Cost (optional) - - - - - Fund to which asset belongs Cost (optional) - - - - - - - - - Fund to which liability relates Amount due (optional) General 500 General 500 - - Print Name Nisba Jiwan	Endowment funds to nearest £
			-
			-
			-
			-
			OK
			Endowment funds to nearest £
			-
			-
			-
			-
			-
			-
			Current value (optional)
			-
			-
			-
			-
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			Current value (optional)
			-
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			-
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			-
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			-
			-
			-
			When due (optional)






			Date of approval
		Nisba Jiwan	29/01/2021

R&P Accounts

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