Charity number.. 1183167 THE SALEEM FOUNDATION RECEIPTS AND PAYMENTS ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 THE SALEEM FOUNDATION CONTENTS Page Reference and admlnlstratlve details of the charity, its trustees and advisors Trustees, report 24 Recèipts and paymènts account statement of assets and liabilltles Notes to the accounts THE SALEEM FOUNDATION REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISORS FOR THE YEAR ENDED 31 MARCH 2024 Trustees Stephen Wallho MBE Karen Wilcox Jayne Waltho Dalbir Kaur Michelle Stokes Shazada Saleem Iiesigned on 111h July 20241 Alexandra Darby Saima Ghalib Cassie Gray Ch8Yity registèrèd number 1183167 Bankers Barclays Bank Charity address 234 Dudley Rd Halesowen B63 3LW THE SALEEM FOUNDATION TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2024 The Trustees present th&ir annual report for the year ended 3fj March 2024. Objectives and Activities The Saleem Foundation supports charities and voluntary oroanlsalions across 8irmingham & the Black Country who undertake ¢haTilabl8 work in the fields of h6allh, disability, financial hardship or other, and will also support individuals and their families who are disadvantaged by their youth, age. ill-heallh, disability, or financial hardship and will lake the form of grant aid. organised events and donations. In undèrtaking these activities, the Trustees have given consideration lo the guidance issued by the Charity Comrnission on public benefit. Achievements and performance This has been 8n tsxlremtrly amazino year as we enter our Slh year as a charity. The gmup continues lo grow from strength to strength and our annual events have truly benefitted, with the Youths Got Talent being our most successful event. As we laok forward, we aim to continue with our amazing clubs and aim lo lake part In more projects to raise more awareness of serious causes. Flnanelal review During the year, the charity received income from donation5, grants and interest of £11,538. Total expenditure for the period amounted to £11,772 resulllng in nel spend for the of £234. Reslri¢l¢d funds of £3.500 brought forward from previous year was spgnl during the yèar and there are no new funds received in the year. Resalves pollcy Th8 level of reserves is kept under review by the Trustees lo ensure all current liabilities can be rnel and to allow continued ftjture charilable aclivilies. Structurè, governanca and management Gonstltutlon The charity Is a foundation Charitable Incorporated Oroanisation (CIO) and registered with the Charity Commissioners under charity number 1183167 on 29 April 2019. THE SALEEM FOUNDATION TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2024 Method of appointment or election of Trustee5 The Trustees are appointed under the trust deed. The ￿rrtsnl Trustees are as shown on page 1 of these accounts. No specific programme exists for the induction and training of the Trustees, although the Trustees intend to keep the maller under review. Risk management The Truslees believe that the charily is not exposed lo significant external risk. Internal risks are minimised by irnplemenlation of procedures for aulhorisation of all transactions to 8nsure consistent quality of delivery for all operational aspects of the charity. This report was approved by the Trustees on £910 I Ic)15 and signed on their behalf by.. Saima Ghalib ITrusteel Cass18 Gray IVl¢e ¢h8lr) (HARITYIOMMISSIOII Receipts and payments accounts CC16a Foi the petlod Iwom Section A Receipts and payments Uniesiiicied lunds Re5tiicted funds Endoymeni lunds Total lunds Last 9tar A1 Recèl 2.3>2 4.S45 4.¢QO 2.a¥2 4.345 4.too 1.6T5 16.74$ Sub total(Gros$ income for AR) 11.538 11.53 26.627 A2 Ass•1 and Investme 54les tablè Sub total 11.5a8 26.627 A3Pa rnen15 2Jl 65$ 22 5.•03 231 55S 2.203 5.OOJ 1S.496 1J.105 l¢thThl)F￿hd 1.237 1.231 ITO 660 •5.1$4 SLtb tot&1 •2T2 s.stso A4 Assei and Inu•stffi•nt uicha5es. (see table) Sub tL>tal 8.272 3.500 35.154 Ne¢ olrecelpW(paYm￿ts) A5 Tianslers bei¥een funds A6 Cash lunds last y•ar end Ca¥h luiid¥ thisyeareiid 3.266 234 9.625 2.131 L135 3.500 .369 1.136 9.696 1.369 Section B Ststement of assets and liabillties at the end of the period Uniesi¢i¢ted lurtds Restiicted lunds Endo¥moni lunds Calogories Details B1 Co8h funds Total Cash funds 1.136 UnTestrlct funds Resiitcied lunds Endowment funds | B2 Olher monetary O8set¥ Cost (op*i••rnl) ,83 Investment ag$et• Oetai15 84 A$$el$ retalned for the ¢harity's own use F*•4J lo •blc A•o•&l Vh¢• dry¢ BS Liabilltle8 A¢