Registered Charity Number: 1177076
Sardar Foundation
Report of the Trustees and Financial Statements For the year ended 31 March 2025
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Sardar Foundation
Contents of the Financial Statements For the year ended 31 March 2025
| Page | |
|---|---|
| Report of the Trustees | 03-05 |
| Independent Examiner's Report | 06 |
| Statement of Financial Activities | 07 |
| Balance Sheet | 08 |
| Notes to the Financial Statements | 09-10 |
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Sardar Foundation Report of the Trustees For the year ended 31 March 2025
The trustees present their annual report and financial statements for the year ended 31 March 2025 and confirm they comply with the charities act 1993, as amended by the charities Act 2006, the trust deed and the charities SORP 2005.
REFERENCE AND ADMINISTARTION DETAILS
Charity Name Sardar Foundation Registered Charity number 1177076 Principal address 85 Great Portland Street London W1W 7LT
Board of Trustees
Mr Sardar Shafquat Khan - Chairperson Mr Sultan Zil-Ul Hussain Mr Shafiq Ahmed Majid
Bankers Metro Bank Plc 114 High Road Ilford IG1 1BY
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STRUCTURE, GOVERNANCE AND MANAGEMENT Governing Document
Sardar Foundation is constituted as a charity registered with charities commission in February 2020 under charity number 1177076. The charity is governed by its deed of trust and constitutes an incorporated charity.
Risk Management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objectives of the charity are set in the charity's trust deed and are as follows:
To prevent and alleviate poverty and human sufferings by providing the following:
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Clean and safe drinking water
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Provide healthcare facilities (build a hospital)
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Provision of primary education
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Help and support poor and needy with any natural epidemics and disasters in all possible ways
to the poor and needy people in Kashmir. A dedicated team of trustees and volunteers arrange regular events and talks.
Future Plans
We intend to carry on helping the poor and needy people in Kashmir by providing water treatment plants and by educating masses with methods to ensure how to utilise scarce water resources.
Build a hospital to provide healthcare facilities to the poor and needy in a remote region in Kashmir.
Help the children from low income families to attend school and gain education in any possible ways.
Statement of Trustees Responsibilities
The charity trustees are responsible for preparing annual report and financial statements in accordance with applicable law in United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice)
The law applicable to charities in England and wales requires the charity trustees to prepare the financial statements for each year which give a true and fair view of the state of affairs of the
charity and the incoming resources and application of resources of the charity for that period in preparing the financial statements the trustees are required to:
Select suitable accounting policies and then apply them consistently; Observe the methods and principles in the charities SORP;
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Make judgements and estimates that are reasonable and prudent;
State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on a going concern basis it is inappropriate to presume that the charity will continue in the 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 1993, the charity (Accounts and Reports) regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees for the purposes of charity law who served during the year and up to the date of this report are set out on page 3.
Approved by the trustees and signed on its behalf by:
S S Khan
01 August 2025
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Sardar Foundation
| Statement of Financial Activities For the year ended 31 March 2025 Incoming Resources Notes Donations 2 Subscriptions Fund Raising Total Incoming resources Resources Expended Rates Business Insurance General Expenses Food for Needy Utilities Repairs Professional expenses Total resources expended Net Movement in Funds Reconciliation of funds Total funds brought forward Total Funds spent on building purchase Total funds spent to renovation and repairs Total Loans repaid Total funds carried forward |
2025 £ 27,877 27,844 33 1,307 ~~27,877 ~~ - 27,844 ~~1,340~~ |
2024 £ 14,657 |
||
|---|---|---|---|---|
| 14,071 586 721 ~~14,657~~ ~~14,071~~ 1,307 |
||||
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Sardar Foundation Balance Sheet as at 31 March 2025
| Note Fixed Assets Buildings Current Assets Debtor's Cash at Bank and in hand Total Current Assets Current Liabilities Short Term Loan Total Net Assets Reserves Total Reserves Total Charity Funds |
2025 £ 1,340 1,340 1,340 1,340 |
2024 £ 1,307 1,307 |
|---|---|---|
| 1,307 | ||
| 1,307 |
The notes at pages 10-12 form part of these accounts.
Approved by the Board of Trustees on the date and were signed on its behalf by:
S S Khan Chair of Trustees 01-August-2025
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Sardar Foundation Notes to the Accounts
For the year ended 31 March 2025
1 ACCOUNTING POLICIES
Accounting Convention
These financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for smaller entities (effective April 2008), and charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting & Reporting by charities.
Incoming Resources
All incoming resources are included on the statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources Expanded
Expenditrue is accounted for on an accrual basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objectives of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. The charity does not hold any unrestricted funds as at the balance sheet date.
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