## **NAEEM & HUMA FOUNDATION**
**FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026**
## **REGISTERED CHARITY NO. 1186384**
**TAXEXPRESS UK LTD 18 BEEHIVE LANE ILFORD, ESSEX IG1 3RD**
## **NAEEM & HUMA FOUNDATION**
|**CONTENTS**||
|---|---|
||**Page No**|
|**Income & Expenditure Account**|**1**|
|**Balance Sheet**|**2**|
|**Notes to the Financial Statements**|**3 - 4**|
## **NAEEM & HUMA FOUNDATION COMPANY LIMITED BY GUARANTEE LEGAL AND ADMINISTRATIVE DETAILS**
**Registration** Naeem & Huma Foundation is an unincorporated Charity registered under Charities Act 1993 (Registration **Address** 18 Beeches Crescent Chelmsford Essex CM1 2FU **Independent** Taxexpress UK Ltd **Examiners** 18 Beehive Lane Ilford, Essex IG1 3RD **Board Of Trustees** Dr Huma Habib Meerab Baig Abdul Rehman Baig **President** Dr Mohammad Naeem Baig
## **NAEEM & HUMA FOUNDATION INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2026**
|**Incoming Resources**
Donation received
**Total Incoming Resources**
**Resources Expended**
**Charitable expenditure:**
**_Support costs_**
Donation re. Naeem & Huma Foundation - Pakistan
Donation re. UK Charities
Wages
Vehicle Repair & Maintenance
Travel Expenses
Financial Aid To Families
Financial Aid re: Educational Support
Financial Aid re: Sports Aid
Financial Aid re: Health Aid
Financial Aid re: Miscellaneous Aid
Donation re. Wetland Project
Donation re. Nursery Project
Donation re. Filtration Plant
Donation re. Graveyard Maintenance
Staff Training & Welfare
Food Distribution
Telephone
Cleaning expenses
**Depreciation**
Equipment and Fixture & Fittings
**Total Resources Expended**
**Net Incoming Resources**
**Total Funds Brought Forward**
**Total Funds Carried Forward**|**2026**
Unrestricted
funds
**£**
21,342
**21,342**
19,208
750
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
50
**20,009**
**20,009**
**1,334**
**7,630**
**8,964**|**2025**
Unrestricted
funds
**£**
17,288
**17,288**
5,794
195
760
5,889
186
77
497
331
1,344
37
523
39
646
392
171
1,989
61
**18,931**
**18,931**
**1,643**
**-**
**9,274**
**7,630**|
|---|---|---|
**1**
## **NAEEM & HUMA FOUNDATION BALANCE SHEET AT 31 MARCH 2026**
|**Notes**
**FIXED ASSETS**
Tangible Assets
3
**CURRENT ASSETS**
Debtors
4
Cash at bank & in hand
**CURRENT LIABILITIES**
Other creditors
5
**Net Current Assets**
**Creditors: amounts falling due after one year**
**Net Assets**
**CAPITAL AND RESERVE:**
Accumulated funds b/f
Surplus/(Deficit) during the year
Balance C/Fwd|**2026**
**£**
229
-
8,690
8,690
-
8,690
-
**8,919**
7,630
1,289
**8,919**|**2025**
**£**
279
-
7,351
7,351
7,351
-
**7,630**
9,274
(1,643)
**7,630**|
|---|---|---|
## **Approved by the Committee:**
**President: ………………………………**
## **Date:**
**2**
**NAEEM & HUMA FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2026**
## **1 ACCOUNTING POLICIES**
## **1.1 BASIS OF PREPARATION OF FINANCIAL STATEMENTS**
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
## **1.2 TANGIBLE FIXED ASSETS AND DEPRECIATION**
Depreciation is provided after taking accounts of any grants receivable to write off the cost or valuation of fixed assets including 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.
Fixtures & Fittings 18% Equipment 18%
## **2 RESPONSIBILITIES OF EXECUTIVE COMMITTEE**
The executive committee is required to prepare financial statements for each financial year, which gives a true and fair view of the charity's state of affairs at the end of the year and income and expenditure for the year ended. In preparing those financial statements, the committee is required to select suitable accounting policies and then apply them on a consistent basis, making judgements and estimates that are prudent and reasonable. The committee must also prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operations. The committee is responsible for keeping proper accounting records which disclose at any time the financial position of the charity and to enable it to ensure that the financial statements comply with the charity's constitutional and legal provision. They are also responsible for safeguarding the assets of the charity and for taking reasonable steps for the prevention and detection of fraud and other irregularities.
**3**
## **NAEEM & HUMA FOUNDATION NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2026**
## **3 Fixed Assests**
## **TANGIBLE ASSETS**
|**TANGIBLE ASSETS**|||||
|---|---|---|---|---|
|**Cost**
At 31.03.2025
Addition
Disposal
At 31.03.2026
**Depreciation:**
At 31.03.2025
Charge for the year
At 31.03.2026
**Net book value at 31.03.2026**
**Net book value at 31.03.2025**||**Equipment**
**£**
753
-
753
473
50
523
**230**
**280**|**£**|**Total**|
|||||753
-
-
753
473
50
523
**230**
**280**|
**4**
## **Trustees’ Annual Report**
**For the Period: 1st April 2025 to 31st March 2026**
## **Reference and Administrative Details**
- **Charity Name:** NAEEM & HUMA FOUNDATION
- **Registered Charity Number:** 1186384
- **Principal O�ice Address:** 18 Beeches Crescent, Chelmsford, CM1 2FU
- **Contact Telephone:** 07588888232
## **Trustees Serving During the Period:**
- Dr Mohammad Naeem Baig _(Chair)_
- Dr Huma Habib _(Trustee)_
- Meerab Baig _(Trustee)_
- Abdul Rehman Baig _(Trustee)_
## **Structure, Governance, and Management**
- **Governing Document:** The charity is governed by its Constitution (or Declaration of Trust / CIO Foundation Model as registered with the Charity Commission).
- **Trustee Selection and Recruitment:** Trustees are appointed in accordance with the charity’s governing document based on the skills and experience they bring to the foundation.
- **Trustee Remuneration:** No trustees receive any remuneration, payments, or personal benefits from the charity for their services.
- **Trading Subsidiaries:** The charity has no trading subsidiaries.
## **Objectives and Activities**
## **Charitable Objects:**
1. The prevention or relief of poverty in Pakistan by providing grants, items, and services to individuals in need and/or charities, or other organisations working to prevent or relieve poverty (funds are released exclusively to local registered charities).
2. goods and services which they could not otherwise a�ord due to lack of means.
3. The relief of sickness and the preservation of health among people residing permanently or temporarily in Pakistan.
4. fit, including assistance to find employment.
## **Main Activities & Methods:**
- **Primary Method:** Grant-making to qualifying organisations.
- **Scope of Activities:** General charitable purposes, supporting individuals with disabilities, relieving poverty, aiding the elderly/old people, and serving the public.
- **Geographic Operations:** Throughout England and Pakistan.
##
The trustees have given due consideration to the Charity Commission’s general guidance on public benefit when planning grant-making activities and operational strategy. All grants and activities directly further the charity's objects for public benefit in England and Pakistan.
## **Achievements and Performance**
through making grants to partner organisations and local registered charities operating in Pakistan. Key achievements during this period included:
- **Relief of Poverty:** Funding local registered organisations in Pakistan to provide basic provisions, food items, and hardship relief to families facing extreme financial poverty.
- **Healthcare & Disability Support:** Supporting initiatives aimed at sickness relief, healthcare preservation, and assistance for disabled individuals who lack financial means.
- **General Community Support:** Facilitating local charity-led e�orts that assist the elderly and general public in need.
## **Financial Review**
- **Policy on Reserves:** The trustees maintain a prudent approach to reserves, ensuring that su�icient funds are held to cover operational expenses and commitments made for charitable grants.
- **Grant-Making Policy:** Pakistan, are thoroughly reviewed by the trustees to ensure funds are released strictly to local registered charities in full compliance with UK Charity Law and international regulatory requirements.
## **Declaration**
The trustees declare that they have approved the Trustees’ Annual Report set out above.
**Signed on behalf of the Charity’s Trustees:**
**Dr Mohammad Naeem Baig**
Chair of Trustees
Date: 19 August 2026