NAEEM & HUMA FOUNDATION
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
REGISTERED CHARITY NO. 1186384
TAXEXPRESS UK LTD
18 BEEHIVE LANE
ILFORD, ESSEX
IG1 3RD

NAEEM & HUMA FOUNDATION
CONTENTS
Page No
Income & Expenditure Account
Balanc8 Sheet
Note8 to the Financial Statements

NAEEM & HUMA FOUNDATION
COMPANY LIMITED BY GUARANTEE
LEGAL AND ADMINISTRATIVE DETAILS
Reglstratlon
Naeern & Huma Foundation is an
unincorwrated Chartty regi818red under Charities Act 1993
(Regislralion
Addr9$5
18 Beeches Crescent
Chelmsford
Essex
CM1 2FU
Independent
Examlner8
Taxexpress UK Ltd
18 Beehive Lane
liford, Essex
IG13RD
Board Of Trustees Dr Huma Habib
Meerab Baig
Abdul Rehman 8aig
President
Dr Mohammad Naeem Baig

NAEEM & HUMA FOUNDATION
INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
2024
unrest￿cted Unresbi¢ted
fvnds
2023
Incomln
Resources
Donation received
Total Incomlng Resour¢es
19,872
19,872
17,581
17,581
Resources Ex
ended
Charitable ex
Support costs
ages
Vehicle Repair & Maintenance
Travel Expenses
Financial Aid To Families
Financial Aid re.. Educational SupFKsrt
Financial re.. Health ￿'d
Financial Aid re.. Miscellaneous Aid
Donation re. Nursery Project
Donation re. Library
Donation re. Filtration Plant
Donation re. Graveyard Maintenance
Donation re. Sand Crush
Donation re. Loader
Donation re. Road Maintenance
9nditure".
5,283
205
576
4.629
577
1.260
403
13
6,894
225
758
5,295
286
143
122
68
239
174
1.142
pps
Staff Training & Wdfare
Food Distribution
Office Expenses
Tdephone
Gleaning expenses
Equipment and Fixture & Fittings
22
132
423
28
110
297
75
15,892
121
19
91
14,431
Total R¢sourc¢s Expended
15.892
14.431
Net Incomlng Resources
Total Funds Brought Forward
Total Funds Carried Forward
3.980
5.294
9,274
3,160
2,144
5,294

NAEEM & HUMA FOUNDATION
BALANCE SHEET AT 31 MARCH 2024
2024
2023
Notes
FIXED ASSETS
Tangible Assets
341
416
CURRENT ASSETS
Debtors
Cash at bank & in hand
8,933
8,933
4.878
4,878
CURRENT LIABILITIES
Other creditors
Net Current A58ets
8,933
4,878
Creditors: amounts falllng due after on¢ year
Net Assets
9,274
5,294
CAPITAL AND RESERVE:
AccumLJlated funds bm
5,294
2,144
Surplusl{Deficitl during the year
3,980
3,150
Balance CIFwd
9,274
5,294
Approvgd by the Committee:
President:
a-hi9
lo.q_ >rfL}
Dat•:

NAEEM & HUMA FOUNDATION
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES
1.18ASIS OF PREPARATION OF FINANc￿L STATEMENTS
The financisl statemen1￿ have been prepared under the historical cost converrtion as
modifi&J by the revaluation of certain fixed ass8ts.
1.2 TANGIBLE FIXED ASSETS AND DEPRECIATION
Depreciallon Is provideil after tsking accounts of any grants receivable to write off the
cost or valuation of fixed ass8is induding assets subject to hire purchase contracts
over their expected useful lives on the followings annuals rates on cost in the first year
and on written down values thereafter.
Flxture$ & Fittings
Equipment
180
18%
RESPONSIBILITIES OF EXECUTIVE COMMirrEE
The executlV6 committee is required to prepare finarrial slalements for each financial
year, which gives a true and fair view of the chartvs state of affairs al the end of the
year and income and expenditure for the year ended. In preparing those
financial $18iemenls, the committee is required to sdect suitable accounb'ng wlici8S
and then apply them on a consistent basis: making judgemonls and estimates
that are prudent arKI reasonable. The committee musl also prepare the financial
slalemenls on the going concem basis unless tt is inappropriate lo presume that
the charity will continue in operations. The committee is responsible for keeping proper
accounting records which disdose at any time the financial position of the chari
and lo enable tt to ensure that the finanryal statements comply wth the charitls
con51ilulM)nal and legal provlsion. They are dso resFX)nsitrAe for safeguarding the assets
of the charity and for laktng reasonable steps for the prevention and delecb'on of fraud
and other irregularities.

NAEEM & HUMA FOUNDATION
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024
Flxed Assasts
TANGIBLE ASSETS
ui
Total
Cost
At 31.03.2023
Addilior¢
Disposal
AI 31.03.2D24
753
753
753
753
Depreciation:
AI 31.03.2023
Charg8 for the year
At 31.03.2024
337
75
412
337
75
412
Not book value at 31.03.2024
341
341
Not book valuo at 31.03.2023
416
416