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2024-03-31-accounts

Trustees’ Annual Report for the period

Period start date: 01/04/2023 Period end date 31/03/2024

Charity name: IN NEED FOUNDATION

Charity registration number: 1187122

1. Structure, Governance and Management

1.1.Governing Document

The charity is governed by its constitution and operates in accordance with the regulations set by the Charity Commission.

1.2.Trustees

The trustees are responsible for the overall governance, strategic direction, and compliance of the charity.

1.3.Organisational Structure

The charity is managed by its trustees, who meet periodically to review activities and ensure compliance with legal and regulatory requirements.

2. Objectives and Activities

2.1. Charitable Objectives

The charity’s objectives are to relief of financial hardship among people living or working in leeds and surrounding areas by providing such persons with goods/services which they could not otherwise afford through lack of means.

2.2. Activities During the Period

During the reporting period from 01 April 2023 to 31 March 2024 , the charity:

The trustees took the decision to temporarily suspend operations during this period.

2.3. Public Benefit Statement

The trustees confirm that they have complied with their duty under the Charities Act to have due regard to the Charity Commission’s guidance on public benefit.

Although no activities were carried out during this period, the charity remains committed to delivering public benefit in line with its objectives in future periods.

3. Achievements and Performance

No activities were conducted during the reporting period; therefore:

4. Financial Review

4.1.Income

The charity received no income during the reporting period.

4.2.Expenditure

The charity incurred no expenditure during the reporting period.

4.3.Reserves Policy

As there were no financial transactions, the charity held minimal or no reserves during this period.

5. Plans for Future Periods

The trustees intend to:

6. Risk Management

The trustees have considered the major risks to which the charity is exposed and have ensured that appropriate measures are in place to mitigate these risks.

7. Statement of Trustees’ Responsibilities

The trustees are responsible for preparing the Trustees’ Annual Report and financial statements in accordance with applicable law and regulations.

The trustees confirm that:

8. Approval

This report was approved by the trustees on:

Date: 11/04/2026

Trustee/Chir Name: Liaqat Ali

Signature:

Names of the charity trustees who manage the charity

1
2
Trustee name Office (if any) Dates acted if not for whole
year
Name of person (or body) entitled
to appoint trustee(if any)
Liaqat Ai Chair 10-04-2026
Mumtaz Ali Trustee 10-04-2026

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) Liaqat Ali Position (eg Secretary, Chair Chair, etc) Date 11/04/2026

In need Foundation 1187122 Receipts and payments accounts CC16a For the period 01/04/2023 31/03/2024 To from

Section A Receipts and payments

A1 Receipts Unrestricted
funds
to the nearest
£
0
0
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Total funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
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-

-
Total funds
to the nearest £
-
-
-
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-
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-
-
-
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-
-
-
-
-
-
-
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-
-

-
Last year
to the nearest £
0
Donations 0
0
Prepaid Rent Refund -
-
- -
- -
- -
- -
- -
Sub total(Gross income for
AR)
- -
A2 Asset and investment sales,
(see table).
-
- -
Sub total - -
Total receipts
A3 Payments
-
Rent - -
Bank Charges - -
Prepaid Rent - -
Project Cost - -
- -
- -
- -
- -
- -
**Sub total ** - -
A4 Asset and investment
purchases, (see table)
-
-
**Sub total ** - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
-
- - -
-
-
- - - - -
- - - - -
- - - - -

CCXX R1 accounts (SS)

1

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

Categories
Signed by one or two trustees on
behalf of all the trustees
B5 Liabilities
B3 Investment assets
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B1 Cash funds
Details
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Details
Cash At Bank
Details
Signature
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
OK
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
0
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name
Liaqat Ali
Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
Liaqat Ali 11/04/2026

CCXX R2 accounts (SS)

2