
## **Trustees’ Annual Report for the period** 

**From  01/01/2024                   Period start date   To 31/12/2024  Period end date Charity name: The Izi Foundation CIO** 

## **Charity registration number: 1187116** 

## **Objectives and Activities** 

||SORP reference||
|---|---|---|
|Summary of the purposes of<br>the charity as set out in its<br>governing document|Para 1.17|**The prevention or relief of poverty in the**<br>**most deprived rural areas of least**<br>**developed country with fresh drinking**<br>**water by constructing a new water pump**<br>**for the benefit of the rural community.**|
|Summary of the main<br>activities in relation to those<br>purposes for the public<br>benefit, in particular, the<br>activities, projects or<br>services identified in the<br>accounts.|Para 1.17 and<br>1.19|**During 2024 4 water pumps were**<br>**commissioned and were built in the**<br>**rural areas of Bangladesh.**|
|Statement confirming<br>whether the trustees have<br>had regard to the guidance<br>issued by the Charity<br>Commission on public<br>benefit|Para 1.18|**The Trustees have due regard to the**<br>**Charities Commission’s public guidance**<br>**benefit guidance when exercising any**<br>**powers or duties to which the guidance**<br>**is relevant.**|



## **Additional information (optional)** You may choose to include further statements where relevant about: 

SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other 



## **Achievements and Performance** 


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SORP reference<br>**----- End of picture text -----**<br>


|**Achievements and Performance**|**Achievements and Performance**|**Achievements and Performance**|
|---|---|---|
|SORP reference|||
||||
|Summary of the main<br>achievements of the charity,<br>identifying the difference the<br>charity’s work has made to<br>the circumstances of its<br>beneficiaries and any wider<br>benefits to society as a<br>whole.|Para 1.20|**During 2024 4 water pumps were**<br>**commissioned and were built in the**<br>**rural areas of Bangladesh.**|



**Additional information (optional)** You may choose to include further statements where relevant about: 

|Achievements against<br>objectives set|Para 1.41||
|---|---|---|
|Performance of fundraising<br>activities against objectives<br>set|Para 1.41||
|Investment performance<br>against objectives|Para 1.41||
|Other|||





## **Financial Review** 


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Review of the charity’s  Para 1.21  The money for the wells was donated by<br>financial position at the end  Global Market Summits.<br>of the period<br>Statement explaining the  Para 1.22  The reserves policy is something that<br>policy for holding reserves  the Charity recognises the importance<br>stating why they are held  of maintaining a minimum level of<br>unrestricted reserve funds to<br>counterbalance future uncertainties and<br>provide stability for the Charity.<br>Amount of reserves held  Para 1.22  None.<br>Reasons for holding zero  Para 1.22  It has been difficult to obtain a charity<br>reserves  business account as the main activity is<br>in Bangladesh, so therefore there is<br>nowhere to hold funds currently and we<br>currently build pumps when Global<br>Market Summits makes a donation.<br>Details of fund materially in  Para 1.24  None.<br>deficit<br>Explanation of any  Para 1.23  No uncertainties of the charity<br>uncertainties about the  continuing as 5 water wells have already<br>charity continuing as a going  been built in 2025.<br>concern<br>**----- End of picture text -----**<br>


## **Additional information (optional)** You may choose to include further statements where relevant about: 

|The charity’s principal<br>sources of funds (including<br>any fundraising)|Para 1.47||
|---|---|---|
|Investment policy and<br>objectives including any<br>social investment policy<br>adopted|Para 1.46||
|A description of the principal<br>risks facing the charity|Para 1.46||
|Other|||





## **Structure, Governance and Management** 

|Description of charity’s<br>trusts:|||
|---|---|---|
|Type of governing document<br>(trust deed, royal charter)|Para 1.25|**CIO Association Model**|
|How is the charity<br>constituted?<br>(e.g unincorporated<br>association, CIO)|Para 1.25|**CIO Association Constitution**|
|Trustee selection methods<br>including details of any<br>constitutional provisions e.g.<br>election to post or name of<br>any person or body entitled<br>to appoint one or more<br>trustees|Para 1.25|**Charity trustees must have regard to the**<br>**skills, knowledge and experience**<br>**needed for the effective administration**<br>**of the CIO. Appointments are by a**<br>**resolution passed at a properly**<br>**convened meeting of the charity**<br>**trustees.**|



## **Additional information (optional)** You may choose to include further statements where relevant about: 

|**Additional information (optional)**<br>You may choose to include further statements where relevant about:|**Additional information (optional)**<br>You may choose to include further statements where relevant about:|**Additional information (optional)**<br>You may choose to include further statements where relevant about:|
|---|---|---|
||||
|Policies and procedures<br>adopted for the induction<br>and training of trustees|Para 1.51||
|The charity’s organisational<br>structure and any wider<br>network with which the<br>charity works|Para 1.51||
|Relationship with any related<br>parties|Para 1.51||
|Other|||



## **Reference and Administrative details** 


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Charity name The Izi Foundation CIO<br>Other name the charity uses<br>Registered charity number 1187116<br>Charity’s principal address  Granville Hall<br>Granville Road<br>Leicester<br>LE1 7RU<br>**----- End of picture text -----**<br>




## **Names of the charity trustees who manage the charity** 


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Dates acted if not for whole  Name of person (or body) entitled<br>Trustee name  Office (if any)<br>year to appoint trustee (if any)<br>1 Mr Shah Amran<br>2 Mr Ashraf Uddin<br>Mrs Parm Atwal- Chair<br>3<br>Uddin<br>4 Mr Bhavik Patel<br>5 Mrs Pretty Gill<br>6<br>7<br>8<br>9<br>10<br>11<br>12<br>13<br>14<br>15<br>16<br>17<br>18<br>19<br>20<br>**----- End of picture text -----**<br>


– Corporate trustees names of the directors at the date the report was approved 

**Director name** 


Name of trustees holding title to property belonging to the charity 

**Trustee name Dates acted if not for whole year** 



## **Funds held as custodian trustees on behalf of others** 

Description of the assets None. held in this capacity Name and objects of the None. charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for None. safe custody and segregation of such assets from the charity’s own assets 

## **Additional information (optional)** 

## **Names and addresses of advisers (Optional information)** 

**Type of Name Address adviser** 


**Name of chief executive or names of senior staff members (Optional information)** 

## **Exemptions from disclosure** 

Reason for non-disclosure of key personnel details 

## **Other optional information** 



## **Declarations** 

**The trustees declare that they have approved the trustees’ report above.** 

**Signed on behalf of the charity’s trustees** 

**Signature(s) Full name(s)** Mrs Parm Atwal-Uddin **Position (eg Secretary,** Chair **Chair, etc) Date** 09/09/2025 




**The Izi Foundation 1187116 Receipts and payments accounts CC16a For the period** 01/01/2024 31/12/2024 **To from** 

## **Section A Receipts and payments** 


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Unrestricted  Restricted  Endowment<br>Total funds Last year<br>funds funds funds<br>to the nearest<br>to the nearest £ to the nearest £ to the nearest £ to the nearest £<br>£<br>A1 Receipts<br>Donations                       1,120                              -                                -                          1,120                            -<br>                              -                              -                                -                                -                              -<br>                              -                              -                                -                                -                              -<br>                              -                              -                                -                                -                              -<br>                              -                              -                                -                                -                              -<br>                              -                              -                                -                                -                              -<br>                              -                              -                                -                                -                              -<br>                              -                              -                                -                                -                              -<br>Sub total  (Gross income for<br>                      1,120                              -                                -                          1,120                            -<br>AR)<br>A2 Asset and investment sales,<br>(see table).<br>                              -                                -                                -                              -<br>                              -                                -                                -                              -                                -<br>Sub total                                -                                -                                -                              -                                -<br>Total receipts                   1,120                            -                            -                        1,120                           -<br>A3 Payments<br>Repayment to donor                       1,120                              -                                -                          1,120                            -<br>                              -                              -                                -                                -                              -<br>                              -                              -                                -                                -                              -<br>                              -                              -                                -                                -                              -<br>                              -                              -                                -                                -                              -<br>                              -                              -                                -                                -                              -<br>                              -                              -                                -                                -                              -<br>                              -                              -                                -                                -                              -<br>                              -                              -                                -                                -                              -<br>Sub total [                      1,120 ]                             -                                -                          1,120                            -<br>A4 Asset and investment<br>purchases, (see table)<br>                              -                                -                                -                              -<br>                              -                                -                                -                              -<br>Sub total [                              - ]                               -                                -                              -                                -<br>Total payments                   1,120                            -                            -                        1,120                           -<br>Net of receipts/(payments)                           -                          -                            -                            -                          -<br>A5 Transfers between funds                           -                          -                           -                                -                          -<br>A6 Cash funds last year end                            -                          -                           -                            -                          -<br>Cash funds this year end                           -                          -                            -                           -                          -<br>**----- End of picture text -----**<br>


CCXX R1 accounts (SS) 

29/08/2025 

1 



## **Section B Statement of assets and liabilities at the end of the period** 

|**Categories**<br>Signed by one or two trustees on<br>behalf of all the trustees<br>**B1 Cash funds**<br>**B2 Other monetary assets**<br>**B4 Assets retained for the**<br>**charity’s own use**<br>**B5 Liabilities**<br>**B3 Investment assets**|Signature<br>**Details**<br>**Details**<br>**_Total cash funds_**<br>(agree balances with receipts and payments<br>account(s))<br>**Details**<br>**Details**<br>**Details**|**Unrestricted**<br>**funds**<br>**Restricted**<br>**funds**<br>**to nearest £**<br>**to nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>OK<br>OK<br>**Unrestricted**<br>**funds**<br>**Restricted**<br>**funds**<br>**to nearest £**<br>**to nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**Fund to which**<br>**asset belongs**<br>**Cost (optional)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**Fund to which**<br>**asset belongs**<br>**Cost (optional)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**Fund to which**<br>**liability relates**<br>**Amount due**<br>**(optional)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>Print Name<br>MRS PARM ATWAL-UDDIN|**Endowment**<br>**funds**<br>**to nearest £**<br>**-**<br>**-**<br>**-**|
|---|---|---|---|
||||**-**|
||||OK|
||||**Endowment**<br>**funds**<br>**to nearest £**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**Current value**<br>**(optional)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**Current value**<br>**(optional)**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**When due**<br>**(optional)**<br>Date of<br>approval<br>15/09/2025|



CCXX R2 accounts (SS) 

29/08/2025 

2 

