Charity Registration No. 1173385
13 FOUNDATION (CHARITABLE INCORPORATED ORGANISATION)
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
13 FOUNDATION
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Iftakhar Ifrahim Ebrahim Sacha Tahir Sadiq Majid Ifrahim Asif Ayub Huzaifa Binyameen Zahoor
Charity number 1173385 Registered office 13 Foundation Kashmir House Bradford Street Dewsbury West Yorkshire WF13 1EN
13 FOUNDATION
CONTENTS
| Page | |
|---|---|
| Trustees’ Report | 1 - 3 |
| Independent Examiner’s Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes | 7 |
TRUSTEE’S REPORT
13 FOUNDATION
The trustees present their annual report for 13 Foundation for the year ended 31 December 2024.
The financial statements comply with the Charities Act 2011 and 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 1 January 2015), as modified by the exemption for small charities provided in Update Bulletin 1.
Structure, governance, and management
13 Foundation is an incorporated entity governed under a Constitution of a Charitable Incorporated Organisation.
The Trustees are responsible for the overall management and control of 13 Foundation, holding regular meetings and are responsible for electing new trustees.
Use of volunteers
Volunteers are an important resource in our community work. Volunteers are involved in aspects of our work and all our trustees also give their time freely. Each volunteer is given the relevant training regarding the aims of the charity and the processes involved in the charity’s activities.
Risk Management
The Trustees are responsible for the overseeing of the risks faced by the charity. Risks are identified, assessed and controls are established throughout the year. The Trustees believe that the adopted approach of closely monitoring the operations and finances of the Charity will mitigate any significant risks.
Objectives and activities
The charity’s objectives are to advance general charitable purposes for the public benefit, with a focus on the relief of poverty, the advancement of health or saving of lives, the support of people with disabilities, and the promotion of social and economic equality.
The charity seeks to:
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Provide relief and support to individuals and communities facing financial hardship, social exclusion, or suffering as a result of local, national, or international crises.
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Undertake and support measures aimed at reducing social and economic inequality, both in the UK and internationally.
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Deliver aid and essential services to those affected by poverty, natural disasters, conflict, disability, or disadvantage.
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Support children and young people, elderly people, individuals with disabilities, and people from particular ethnic or racial backgrounds, as well as other charitable organisations and the wider public.
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Carry out its purposes through the provision of direct services, sponsorship or undertaking of research, and other charitable activities designed to relieve hardship and promote wellbeing.
The Trustees are aware of the Charity Commission guidance on public benefit and their operation of the charity reflects this.
Achievement and performance
The charity began operating in 2024, receiving donations totalling £20,338 in its first year (2023: £nil).
During its first year, the charity made encouraging progress across its stated aims. As our reputation grows, our engagement with communities continues to strengthen, and we actively seek to develop working relationships with local, and national like-minded organisations.
These achievements demonstrate the charity’s ability to translate its vision into action, even in its first year of operations.
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13 FOUNDATION
TRUSTEE’S REPORT
Future plans
As the charity continues to grow through the development of our website and word of mouth, the Trustees remain focused on improving our capacity to scale. To support the increasing demand for our services, we are making significant improvements to our website, which is currently under development and scheduled for launch in 2025.
To further our charitable aims, we plan to expand our team by increasing reliance on volunteer support. This will help us build capacity and better meet the needs of our beneficiaries.
In 2025, we also intend to register for Gift Aid. This will make it even more important for eligible donors to opt in, enabling the charity to maximise the impact of their contributions.
Reference and administrative details
Charity name: 13 Foundation Registered charity number: 1173385 Principal address: 13 Foundation Kashmir House Bradford Street Dewsbury West Yorkshire WF13 1EN Trustees: Iftakhar Ifrahim Ebrahim Sacha Tahir Sadiq Majid Ifrahim Asif Ayub Huzaifa Binyameen Zahoor Email: info@13foundation.org.uk Website: www.13Foundation.org
Financial review
The financial results are as shown in the accounts.
At the end of the reporting period the charity had an income of £20,338 (2023: £nil) and an expenditure of £9,250 (2023: £nil), resulting in a total unrestricted funds balance of £11,088 (2023: £nil) to carry forward.
Reserves Policy
The charity holds financial reserves to safeguard its operations against delays or reductions in income, to meet contractual obligations if activities must cease, and to manage unforeseen costs or financial risks. Reserves may also support future grant-making when donations fall below expected levels.
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13 FOUNDATION
TRUSTEE’S REPORT
Statement of responsibilities of the trustees
The charity’s trustees are responsible for preparing the annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the charity’s trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including income and expenditure, for that period. In preparing the financial statements, the charity’s trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP (FRS 102);
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make judgements and estimates that are reasonable and prudent;
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state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011.
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.
The charity’s trustees are satisfied that the internal controls operated to safeguard the Charity's assets are appropriate to the nature and scale of the Charity's operations.
The annual report was approved by the trustees on 08 May 2025 and signed on its behalf by:
Iftakhar Ifrahim
Trustee
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INDEPENDENT EXAMINER’S REPORT
I report to the trustees on my examination of the accounts of 13 Foundation for the year ended 31[st] December 2024.
This report is made solely to the charity's trustees, as a body. My examination has been undertaken so that I might state to the charity's trustees those matters I am required to state to them in an independent examiner's report and for no other purpose.
Respective responsibilities of trustees and examiner
As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (“the Charities Act”). The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 ("the Charities Act") and that an independent examination is needed.
It is my responsibility to:
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examine the financial statements under section 145 of the Charities Act 2011.
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to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
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to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the financial statements present a 'true and fair' view, and the report is limited to those matters set out in the statement below.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in any material respect:
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the accounting records were not kept in accordance with section 130 of the Charities Act; or
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● the accounts did not accord with the accounting records; or
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the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 or are not consistent with the Charities SORP (FRS102), other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report to enable a proper understanding of the accounts to be reached.
Mueen Hyder ACCA Independent Examiner
12 Sandiway Bank Dewsbury WF12 0SD
Dated: 08 May 2025
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STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2024 | 2024 | 2024 | 2023 | ||
| Notes | £ | £ | £ | £ | |
| Income from: | |||||
| Donations | 2 | 20,338 | - | 20,338 | - |
| Total incoming resources | 20,338 | - | 20,338 | - | |
| Expenditure on: | |||||
| Charitable activities | 3 | 9,250 | - | 9,250 | - |
| Total resources expended | 9,250 | - | 9,250 | - | |
| Net income/(expenditure) | 11,088 | - | 11,088 | - | |
| Reconciliation of funds | |||||
| Fund balances at 1 January 2024 | - | - | - | - | |
| Fund balances at 31 December 2024 | 11,088 | - | 11,088 | - |
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.
The notes on page 7 form part of these accounts.
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13 FOUNDATION (CIO)
BALANCE SHEET
AS AT 31 DECEMBER 2024
| 2024 | 2023 | |||||
|---|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | ||
| Current assets | ||||||
| Cash at bank and in hand | 11,088 | - | ||||
| Net current (liabilities)/assets | 11,088 | - | ||||
| Total assets less current liabilities | 11,088 | - | ||||
| Income funds | ||||||
| Restricted funds | - | - | ||||
| Unrestricted funds | 11,088 | - | ||||
| 11,088 | - | |||||
| The notes on page 7 form part of these accounts. |
The financial statements were approved on behalf of the Trustees on 08 May 2025 by:
Iftakhar Ifrahim Trustee
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13 FOUNDATION (CIO)
BALANCE SHEET
AS AT 31 DECEMBER 2024
1 Accounting policies
1.1 Basis of preparation and assessment of going concern
The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these financial statements. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
The Trustees consider there are no material uncertainties about the Charity’s ability to continue as a going concern.
1.2 Income
Income represents donations and grants and is included in full in the Statement of Financial Activities in the period in which the charity is entitled to receipt, and the amount can be measured with reasonable certainty.
No income is stated net of any associated expenditure.
1.3 Expenditure
Charitable expenditure comprises of those costs incurred by the charity in the delivery of its activities and services to beneficiaries.
2 Donations
| 2 | Donations | ||
|---|---|---|---|
| 2024 | 2023 | ||
| £ | £ | ||
| Donations | 20,338 | - | |
| 3 | Expenditure on charitable activities | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Grants and vouchers | 2,500 | - | |
| Sports club | 3,750 | - | |
| Website costs | 3,000 | - | |
| 9,250 | - |
4 Staff Costs and numbers
The average monthly number of employees (excluding trustees) during the year was:
| 2024 | 2023 | |
|---|---|---|
| Number | Number | |
| Employees | - | - |
No employee received remuneration more than £60,000.
The key management personnel of the charity comprise of the Board of Trustees who give their time freely. No remuneration was paid to any of the Trustees in the year for their roles.
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