Registèrd Charlty No". 1182856 FRIENDS FOUNDATION 311 BEACON ROAD LOUGHBOROUGH LEICESTERSHIRE LE112RA FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
FRIENDS FNDATION Truste•s AnThJal Report for the Year Endod 31 2023 Tnjsw wesentlhdr annual reportalong with the financi&l 5takmentsforth8 year ended 31 hAarch 2025. G•¢¥ a Frtends Foundath)n 15 registered with Ih8 ChaF1U88 Commlsslon and isg0vend In aLwr[IaD wi th&twm8 01tt8 0)nthlon d&t8d 81 2019. Mr M R MrsA Bhojani Mr S H 8holanl Mr ZA Y Bho]8nl Th8 Tru818es meet at kasttwice a yearfor maklng grontsand dwations Ob The Trustee$ a keen kn supw acVa8 thatadvance the oWBCts in an effathe way. Howevor, tw iecognlse Ihal a Imited fiJnd5 Is avalb kn dlstrknute oxh year. Trustees, vJrrertfiJnding prbritkns are.. Relkfof patl8nts ¥uiferfng frvm wyl¢rm of illnw, di8ea88 ordL8abllty, the promotTr of rasearGh ith th¢ ¢auses •d trealmenlof suth Illness. dlsease or disability and the provlslon of medkal 8quIFffl8nt fDf such pats"ents. Supportand rtlefof rdabves ofand (arers lor patients suff8rmg from arsy of illness ordi88888, the èk1ety orthe Ihe disabkd by the of supportand training to tIVeS ano carers_ To povide and advance the educatlon of thIren and wung peop18 who do not h8ve access or have IlrDited a5$tO $¢hooling byprovldlng and a8lsUng the provi5K)n of farAleS loreducation. Provisitrn ora$ne In the prov151on offaalknes in the interests ofwt¥al w¢lf¥e forrtcreatlon or Olher ts.me occupatth)n Df indlviduals who have need ofsuch fadlhl8$ by reas of theiryouth, ay, or dlsaNlity. finanaal hardship ef g)dal dIcumrA5 wth th& Jer&Of knprovlng Imr conditions of life. Preventkn or 18lief of wDvertyor financial hardshlp anywh8re th the WOTld by provKling or assi%bng ui thè provislon ofeducatbn. Iralning, healthcare projects, hauslng and all elher n8sary support or by ov1d1 don¥tion$, grants, ItÈms and servthto Indl¥lduals sn n8•Y. Reliefof unempWentfDrthE benefft ofthe In wc waysa5 m•y be IhNWI fil InrAudkng a&Stance to find ernpbyrnenL Promotion of human rfghts las set¢iit in thè Unlversal Ded8rath)n of Human Rights ¥ubsequent Notn$ wnventh)ns and declarthnsl throughoutthe world. Promtition of 8qualSyand diversityfor the publk rel¢1 finanu81 n8&Y 8ThJ sufferiT¥ vmon9 virtsrns Df nalural other knnd$ ofdisasteror war. In ihe fomi of m¢)ney lor olhar m$ deemed SUabl for person4 bodle8. OrgL$tiOnS andlor counfriOS affected IndL11ng the woyision ofmedlcal nts and Portornn¢8 DUng the yeaw donation teceived in total £59,109 from Orderline Ltd. 11- DonatrDnS made as be- £3.056 MKSI Lei($ter £12,OW GeA Gfft e530 Babulilm Founda16)n £1.685 De MontfDrt Uner$MY £750 GDSI Annu81 Fund £1.710 Anjurngn8 saInY•h £2,500 ZahraTru8t £2.5LWJ Chandran Found8lK)n 21-£10.000 interest free loan made to Anluman+Husainiyah CIO Icharityfiumber 11022291 on 22t03r23. rapaYab In ful by 21st hAarth 2026. 31- £2000 interest free Hlme$h Pithr4 on 2710112025, rapaW)k in fvl by 1810212026.
FRIENDS FOUNDATION Indepènd•nt Examlnw's Report to th• trustB•s of Frl•nds Foundation {"charl.} I report on th8 accounts of thè Charity for tha year ended 31 March 2025 which are Set out on pages 3 10 5. Re8clIve respon81bllltles of tru$tee8 and oxamin•r The Charws Iruslees are reswnslble for th8 preparation of the accounts. The Charity's truste86 consider that on audit is not required for this year under section 144121 of the Charities Act 2011 (the 2011 Acll and that an independent examination Is needed. It is my rgsponsibilty lo.. examine the accounts under section 145 of the 2011 Ac¢ follow the procedurès laid down in the General Dlrections givan bythè Charty Commission under $eclkJn 14515Xbl of thè 2011 Act; and . stste whether p8rticular m8tt8rs havè come to my attention. Basls of Independent examlnerfs statsment My examination was carried out in accordance with General Directlons glven by the Charity Commission. An examination indudes a review of the accounting records kept by the charty and a comparfson of Ihe accounts presented wth thos8 records. It also includes consideration ofany unusual ttems or disGlosurtrs in the accounts, and seoklr@ explanations from you as tnjstees ¢orKeming any such matters. The procedures undertaken do not provide all the evidence that w0d required in an audit, and consequenmy no opinion 1$ glven as to whèthèr ihe accounts present a 'true and fair Vie and the report is Ilmlt8d lo thosè matters s8t out in thg ststemenl below. Indep¢nd•nt oxamlnels statement In th8 Gourse of my exanination. no matter has come to my att&ntion= 1. which gives rne reasonable cause to believe that , any rnaterial respgct, lh¢ quIreMents.. to keep a¢Gounting wor¢Js in aordanCe section 130 of the 2011 Act., and to prepare accounts which accord wth the accounting records and comply wNh the accounliro requirements ofthÈ 2011 Aot have not been rngl. or 2. to which, in my opinion. attenlion should be drawn in order lo enab a propèr understsnding of the accounts to be re8ch9d. MrSKShah For and on behalf of SPK Shah & Co Ltd Chartered AG¢ountants 216 Metton Road Lel¢ester LE4 7PG Dale..
FRIENDS FOUNDATION stst•mgnt of Hnanclal Acuvltles for thg Ygor End 31 March 2025 2025 2024 G•n•rnl Fund$ Genornl Fund8 IOMe. Rent,rat88 and InsnCe rscaived Don8tlons recwv 43,891 59,109 103,000 37.9D7 79,715 117.622 Dlr•ct Charitabl• Expfrndlture: Rent payable Rat&s Insur8r& 26,867 1fj,262 762 1.290 173 24,731 415 24.000 13,154 753 3.365 212 79,011 355 Bank charges Charitab18 donath'on5 Subscrlptlon Sundry aA$a9 Bank interest paid 16 70.516 120,851 Net irrAime for the y88r 32,484 3,229 Net movernent in fund5 32.484 13,2291 Fund balances at 0110412024 28,249 31,478 FuThJ balanc•s at 3110312025 60.733 28.249
FRIENDS FOUNDATION Balanca Sh••t as at 31 March 2025 2025 2024 Currant Assets Debtors Prepayments Bank balance 12,000 18.000 16.218 13.614 51,223 Current liabilitiès Creditors Accruals 117.183) (2,400} (2.4901 Net current 8SS8ts 60.733 28,249 Net assets 60,733 Inc(8 funds Unresthcled -General 60,733 60,733 28,249 28,249 Approved by the Board of Trustees and signed on ils behalf by.. Trustee Mr M R Bhoiani Trustee Mrs A Bhojani Date..
FRIENDS FOUNDATION Nol•s lo lh• Accounts for thè Yèar Endad 31 March 2025 1. knuntlng Pollcl•s Gèneral These 8¢eounls have been pr8par8d under the historic cost convention and in 8ecordanca wlth apPlbI? accounting standards and the Statement of Recommended Practic8 on Accounting by Charitles. In¢om• Income from donatlons has b88n accountad for on a cash received basis. Twstso9' Rwnuneratlon No tnjstees or memkrs of the Managlng Commrttee nor any person connected with them has receive(l or due lo e1ve any remuneration for the year dlrectly or indirectty from thg charitys lunds. Employ•es 2025 2024 Average number of employees