Registered Charity number 1173312
GALBUR FOUNDATION
Report and Accounts
31 March 2025
1
GALBUR FOUNDATION Report and accounts Contents
| Page | |
|---|---|
| Company information | 1 |
| Directors' report | 3 |
| Profit and loss account | 4 |
| Balance sheet | 5 |
2
GALBUR FOUNDATION Charity Information
The charity is presenting its financial report for the period from 1 April 2024 to 31 March 2025
Trustees
Mr Ahmed Abdulkadir Hassan - Trustee Miss Faiza Sheikh Abdulkadir - Trustee Miss Ilhan Said - Trustee Mr Abdiqani Ahmed - Trustee
Accountants
E & A Accountants 228A Seven Sisters Road Holloway London N4 3NX
Bankers
Barclays
Registered office
Unit F1 89-93 Fonthill Road London N4 3JH
Registered Charity Number
1173312
3
Galbur Foundation Profit and Loss Account for the year ended 31 March 2025
| Notes Incoming Resources 2 Gross profit Total Expenses Distribution costs Charitable & Legal Activities 3 Surplus /(deficit) for the period Surplus /(deficit) brought forward Funds as at 31 March 2025 |
Unrestricted Restricted 2025 2024 £ £ £ £ Total Total 31,024 43,425 74,449 78,719 |
|---|---|
| 31,024 43,425 74,449 78,719 |
|
| 31,024 43,425 74,449 78,719 |
|
| - - (72,909) (49,616) 1,540 28,853 44,825 15,972 |
|
| - - 46,365 44,825 |
4
Galbur Foundation Balance Sheet as at 31 March 2025
| Notes Current assets Cash at bank and in hand Net current assets Total assets less current liabilities Net assets Funds Profit and loss account 19 Charity funds |
46,364 | 2025 £ 46,364 46,364 46,364 46,365 46,365 |
45,075 | 2024 £ 45,075 |
|---|---|---|---|---|
| 46,364 | 45,075 | |||
| 45,075 | ||||
| 45,075 | ||||
| 44,825 | ||||
| 44,825 |
The statement of financial activities as set out on page 4 for the financial year ending 31 March 2025, and the statement of the assets and liabilities as set out on this page are as approved by the trustees on 13 October 2025.
Ahmed
--------------------------Chair
Ahmed Abdulkadir Hassan
5
Galbur Foundation Detailed profit and loss account for the year ended 31 March 2025
| Gifts & Donations Islington Council Islington Council (LIF) Cripplegate Foundation Donations SQUARE Total |
2024 2024 2025 £ £ £ Unrestricted Restricted Total 26,425 26,425 0 0 7,000 7,000 31,024 31,024 10,000 10,000 0 |
|---|---|
| 31,024 43,425 74,449 |
6
Galbur Foundation Detailed profit and loss account
for the year ended 31 March 2025
| 3 Direct Charitable expenses Administrative expenses Employee costs: Staff & volunteer costs Travel and subsistence Girls & Mothers Football session Refreshment Premises costs: Rent & Hiring studio General administrative expenses: Camping and youth services Stationery, printing & admin Food assistance programme Education assistant Events & outings Bank charges Outreach, Workshop & training Equipment expensed Arts Award costs/exhibition Project costs Workshop & Outreach Counselling Total charitable Expenses 3. 1 Governance fees Audit fees Accountancy fees Total Expenses |
2,025 2,025 2025 2024 £ £ £ £ Restricted Unrestricte d Total Total - - 7,050 - - - 330 10,290 - 10,290 - - - - - |
|---|---|
| 10,290 - 10,290 7,380 |
|
| 4,810 4,810 6,600 |
|
| 4,810 - 4,810 6,600 |
|
| 10,100 10,100 3,500 - - - 2,794 14,000 14,000 17,794 18,600 18,600 1,005 - - 199 - - - 125 - - 3,817 - - - 518 12,109 12,109 - - - 2,209 851 1,849 2,700 - - - 3,425 |
|
| 55,660 1,849 57,509 35,386 |
|
| - - 300 300 250 |
|
| - 300 300 250 |
|
| 70,760 2,149 72,909 49,616 |
7