## **ALC FOUNDATION**
## **Report of the trustees for the year ending 28.04.2024**
(Registered Charity Number 1189258)
The Trustees present their annual report together with the financial statements,
ALC FOUNDATION did not operate in the previous year and has decided to stick with the accounting period set by hmrc
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **a. CONSTITUTION**
The charity was setup by a constitution on 29/04/2020 and is a registered charity (Number 1189258).
## **b. APPOINTMENT OF TRUSTEES**
The first trustees were the founding members of the charity. In future they will be elected by way of a special meeting and by way of a vote as per the constitution.
In selecting persons to be appointed as trustees, the Trustees shall take into account the benefits of appointing a person who is able by virtue of his or her personal or professional qualifications to make a contribution to the objects or the managements of the Charity.
## **c. ORGANISATIONAL STRUCTURE AND DECISION MAKING**
The Board of Trustees provide continuous direction and support to the Charity and its staff with the assistance of the Executive Committee.
## **d. RISK MANAGEMENT**
The Trustees have assessed the major risks to which the charity is exposed, in particular those related to the operation and finance, and are satisfied that systems and procedures are in place to mitigate our exposures to major risk.
## **e. USE OF VOLUNTEERS**
We hope to recruit a number of volunteers throughout the year to help in raising funds and distribution on funds.
## **AIMS AND OBJECTIVES**
## **a.POLICIES AND OBJECTIVES**
1. The Objects of the CIO are:
The prevention or relief of poverty in UK and Pakistan by providing: grants, items and services to individuals in need and/or charities, or other organisations working to prevent or relieve poverty.'
## **ACHIEVEMENTS AND PERFORMANCE**
## **a. REVIEW OF ACTIVITIES / LOCK DOWN / CORONAVIRUS**
The charity has had limited operation due to lockdown restrictions and the delay in opening a bank account. The charity has obtained funds mainly through unrestricted donations and hope to increase the donations in the following accounting year.
## **FINANCIAL REVIEW**
## **a. RESERVES POLICY**
The charity aims to keep cash reserves above £1000 in order to assist in administration expenses.
## **b. PRINCIPAL INCOME**
The principal income is donations.
## **PLANS FOR THE FUTURE**
## **a. FUTURE DEVELOPMENTS**
We hope to develop a website to raise awareness and ask for donations on the website. The website is being developed.
We also hope to start social media awareness so that people can donate.
There will also be charitable events where all income / profits will be used towards donations.
Signed on Behalf of the trustees on :
………………………… Najma Taj, Chairperson
Company registration number: CE021693 Charity registration number: 1189258
## ALC Foundation
(A company limited by share capital) Annual Report and Financial Statements
for the Year Ended 30 April 2025
## **ALC Foundation**
## **Contents**
|**Contents**||
|---|---|
|Reference and Administrative Details|1|
|Strategic Report|2|
|Trustee' Report|3 to 4|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Statement of Cash Flows|7|
|Notes to the Financial Statements|8 to
16|
## **ALC Foundation**
## **Reference and Administrative Details**
## **Chairman**
Mrs Najma Taj
**Charity Registration Number**
1189258
**Company Registration Number**
CE021693
The charity is incorporated in England.
**Registered Office**
Mercantile House 10 Lapwing Lane West Didsbury Manchester M20 2WS
Page 1
## **ALC Foundation**
## **Strategic Report for the Year Ended 30 April 2025**
The trustee, who are directors for the purposes of company law, present their strategic report for the year ended 30 April 2025, in compliance with s414C of the Companies Act 2006.
The strategic report was approved by the trustee of the charity on 29 January 2026 and signed on its behalf by:
............. ............................ Mrs Najma Taj Chairman and trustee
Page 2
## **ALC Foundation**
## **Trustee' Report**
The trustee, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 30 April 2025.
## **Objectives and activities**
## _**Public benefit**_
The Advancement Of Health Or Saving Of Lives The Prevention Or Relief Of Poverty
The trustee confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
## **Trustees and officers**
The trustees and officers serving during the year and since the year end were as follows:
Trustee:
Mrs Najma Taj (appointed 1 May 2025)
Mr Zafar Iqbal (appointed 1 May 2025)
Miss Lubna Kulsoom (appointed 1 May 2025)
Chairman:
Mrs Najma Taj (appointed 1 May 2025)
## **Structure, governance and management**
## **Financial instruments**
## _**Objectives and policies**_
The charity's activities expose it to a number of financial risks including credit risk, cash flow risk and liquidity risk. The use of financial derivatives is governed by the charity’s policies approved by the board of trustee, which provide written principles on the use of financial derivatives to manage these risks. The charity does not use derivative financial instruments for speculative purposes.
## _**Cash flow risk**_
The charity’s activities expose it primarily to the financial risks of changes in foreign currency exchange rates and interest rates. The charity uses foreign exchange forward contracts and interest rate swap contracts to hedge these exposures.
Interest bearing assets and liabilities are held at fixed rate to ensure certainty of cash flows.
## _**Credit risk**_
The charity’s principal financial assets are bank balances and cash, trade and other receivables, and investments. The charity’s credit risk is primarily attributable to its trade receivables. The amounts presented in the balance sheet are net of allowances for doubtful receivables. An allowance for impairment is made where there is an identified loss event which, based on previous experience, is evidence of a reduction in the recoverability of the cash flows.
The credit risk on liquid funds and derivative financial instruments is limited because the counterparties are banks with high credit-ratings assigned by international credit-rating agencies.
The charity has no significant concentration of credit risk, with exposure spread over a large number of counterparties and customers.
Page 3
## **ALC Foundation**
## **Trustee' Report**
## _**Liquidity risk**_
In order to maintain liquidity to ensure that sufficient funds are available for ongoing operations and future developments, the charity uses a mixture of long-term and short-term debt finance.
Further details regarding liquidity risk can be found in the Statement of accounting policies in the financial statements.
## **Statement of trustee' responsibilities**
The trustee (who are also the directors of ALC Foundation for the purposes of company law) are responsible for preparing the trustee' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".
Company law requires the trustee to prepare financial statements for each financial year. Under company law the trustee must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustee are required to:
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustee are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustee are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
The annual report was approved by the trustee of the charity on 29 January 2026 and signed on its behalf by:
............. ............................ Mrs Najma Taj Chairman and trustee
Page 4
## **ALC Foundation**
## **Statement of Financial Activities for the Year Ended 30 April 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)**
|**Note**|**Unrestricted**
**funds**
**£**
**Restricted funds**
**£**
**Total**
**2025**
**£**|
|---|---|
|**Income and Endowments from:**||
|**Expenditure on:**||
|Charitable activities
5|(3,700)
(6,500)
(10,200)|
|Total expenditure|(3,700)
(6,500)
(10,200)|
|Net expenditure|(3,700)
(6,500)
(10,200)|
|Net movement in funds|(3,700)
(6,500)
(10,200)|
|**Reconciliation of funds**||
|Total funds brought forward|4,148
7,104
11,252|
|Total funds carried forward
13|448
604
1,052|
|**Note**|**Unrestricted**
**funds**
**£**
**Restricted funds**
**£**
**Total**
**2024**
**£**|
|**Income and Endowments from:**||
|Donations and legacies
3|3,822
-
3,822|
|Total income|3,822
-
3,822|
|**Expenditure on:**||
|
Charitable activities
5|(3,750)
-
(3,750)|
|Total expenditure|(3,750)
-
(3,750)|
|Net income|72
-
72|
|Net movement in funds|72
-
72|
|**Reconciliation of funds**||
|Total funds brought forward|4,076
7,104
11,180|
|Total funds carried forward
13|4,148
7,104
11,252|
All of the charity's activities derive from continuing operations during the above two periods.
The funds breakdown for 2024 is shown in note 13.
The notes on pages 8 to 16 form an integral part of these financial statements.
Page 5
## **ALC Foundation**
## **(Registration number: CE021693) Balance Sheet as at 30 April 2025**
|**Note**|**2025**
**£**
**2024**
**£**|
|---|---|
|**Current assets**||
|Cash at bank and in hand
10|1,302
11,502|
|**Creditors: Amounts falling due within one year**
11|(250)
(250)|
|**Net**assets|1,052
11,252|
|**Funds of the charity:**||
|**Restricted income funds**||
|Restricted funds|604
7,104|
|**Unrestricted income funds**||
|Unrestricted funds|448
4,148|
|**Total funds**
13|1,052
11,252|
For the financial year ending 30 April 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
## Directors' responsibilities:
- The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements on pages 5 to 16 were approved by the trustee, and authorised for issue on 29 January 2026 and signed on their behalf by:
............. ............................ Mrs Najma Taj Chairman and trustee
The notes on pages 8 to 16 form an integral part of these financial statements.
Page 6
## **ALC Foundation**
## **Statement of Cash Flows for the Year Ended 30 April 2025**
|**Note**|**2025**
**£**
**2024**
**£**|
|---|---|
|**Cash flows from operating activities**||
|Net cash (expenditure)/income|(10,200)
72|
|**Working capital adjustments**||
|Increase in creditors
11|-
50|
|Net cash flows from operating activities|(10,200)
122|
|Net (decrease)/increase in cash and cash equivalents|(10,200)
122|
|Cash and cash equivalents at 1 May|11,502
11,380|
|Cash and cash equivalents at 30 April|1,302
11,502|
All of the cash flows are derived from continuing operations during the above two periods.
The notes on pages 8 to 16 form an integral part of these financial statements. Page 7
## **ALC Foundation**
## **Notes to the Financial Statements for the Year Ended 30 April 2025**
## **1 Charity status**
The charity is limited by share capital, incorporated in England. The address of its registered office is: Mercantile House 10 Lapwing Lane West Didsbury Manchester M20 2WS
These financial statements were authorised for issue by the trustee on 29 January 2026.
## **2 Accounting policies**
## **Summary of significant accounting policies and key accounting estimates**
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
## **Statement of compliance**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Basis of preparation**
ALC Foundation meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## **Going concern**
The trustee consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
## **Income and endowments**
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
Page 8
## **ALC Foundation**
## **Notes to the Financial Statements for the Year Ended 30 April 2025**
## _**Charitable activities**_
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **Governance costs**
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustee meetings and reimbursed expenses.
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
## **Borrowings**
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
Page 9
## **ALC Foundation**
## **Notes to the Financial Statements for the Year Ended 30 April 2025**
## **Foreign exchange**
Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the balance sheet date are reported at the rates of exchange prevailing at that date.
The results of overseas operations are translated at the average rates of exchange during the period and their balance sheets at the rates ruling at the balance sheet date. Exchange differences arising on translation of the opening net assets and results of overseas operations are reported in other comprehensive income and accumulated in equity (attributed to non-controlling interests as appropriate).
Other exchange differences are recognised in the Statement of Financial Activities in the period in which they arise except for:
1) exchange differences on transactions entered into to hedge certain foreign currency risks (see above);
2) exchange differences arising on gains or losses on non-monetary items which are recognised in other comprehensive income; and
3) in the case of the consolidated financial statements, exchange differences on monetary items receivable from or payable to a foreign operation for which settlement is neither planned nor likely to occur (therefore forming part of the net investment in the foreign operation), which are recognised in other comprehensive income and reported under equity.
## **Fund structure**
Unrestricted income funds are general funds that are available for use at the trustee discretion in furtherance of the objectives of the charity.
Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
## **Financial instruments**
## _**Classification**_
Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.
Page 10
## **ALC Foundation**
## **Notes to the Financial Statements for the Year Ended 30 April 2025**
## _**Recognition and measurement**_
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.
Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.
Page 11
## **ALC Foundation**
## **Notes to the Financial Statements for the Year Ended 30 April 2025**
## _**Debt instruments**_
Debt instruments which meet the following conditions are subsequently measured at amortised cost using the effective interest method:
(a) The contractual return to the holder is (i) a fixed amount; (ii) a positive fixed rate or a positive variable rate; or (iii) a combination of a positive or a negative fixed rate and a positive variable rate.
(b) The contract may provide for repayments of the principal or the return to the holder (but not both) to be linked to a single relevant observable index of general price inflation of the currency in which the debt instrument is denominated, provided such links are not leveraged.
(c) The contract may provide for a determinable variation of the return to the holder during the life of the instrument, provided that (i) the new rate satisfies condition (a) and the variation is not contingent on future events other than (1) a change of a contractual variable rate; (2) to protect the holder against credit deterioration of the issuer; (3) changes in levies applied by a central bank or arising from changes in relevant taxation or law; or (ii) the new rate is a market rate of interest and satisfies condition (a).
(d) There is no contractual provision that could, by its terms, result in the holder losing the principal amount or any interest attributable to the current period or prior periods.
(e) Contractual provisions that permit the issuer to prepay a debt instrument or permit the holder to put it back to the issuer before maturity are not contingent on future events, other than to protect the holder against the credit deterioration of the issuer or a change in control of the issuer, or to protect the holder or issuer against changes in levies applied by a central bank or arising from changes in relevant taxation or law.
(f) Contractual provisions may permit the extension of the term of the debt instrument, provided that the return to the holder and any other contractual provisions applicable during the extended term satisfy the conditions of paragraphs (a) to (c).
Debt instruments that are classified as payable or receivable within one year on initial recognition and which meet the above conditions are measured at the undiscounted amount of the cash or other consideration expected to be paid or received, net of impairment.
With the exception of some hedging instruments, other debt instruments not meeting these conditions are measured at fair value through profit or loss.
Commitments to make and receive loans which meet the conditions mentioned above are measured at cost (which may be nil) less impairment.
## _**Investments**_
Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through profit or loss. Where fair value cannot be measured reliably, investments are measured at cost less impairment.
Investments in subsidiaries and associates are measured at cost less impairment. For investments in subsidiaries acquired for consideration including the issue of shares qualifying for merger relief, cost is measured by reference to the nominal value of the shares issued plus fair value of other consideration. Any premium is ignored.
Page 12
## **ALC Foundation**
## **Notes to the Financial Statements for the Year Ended 30 April 2025**
## _**Derivative financial instruments**_
The charity uses derivative financial instruments to reduce exposure to foreign exchange risk and interest rate movements. The charity does not hold or issue derivative financial instruments for speculative purposes.
Derivatives are initially recognised at fair value at the date a derivative contract is entered into and are subsequently remeasured to their fair value at each reporting date. The resulting gain or loss is recognised in statement of financial activities immediately unless the derivative is designated and effective as a hedging instrument, in which event the timing of the recognition in statement of financial activities depends on the nature of the hedge relationship.
## _**Fair value measurement**_
The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices are unavailable, the price of a recent transaction for an identical asset provides evidence of fair value as long as there has not been a significant change in economic circumstances or a significant lapse of time since the transaction took place. If the market is not active and recent transactions of an identical asset on their own are not a good estimate of fair value, the fair value is estimated by using a valuation technique.
## **3 Income from donations and legacies**
|**3** **Income from donations and legacies**||
|---|---|
||**Unrestricted**
**funds**
**Total**|
||**General**
**£**
**funds**
**£**|
|**Total for 2025**|-
-|
|**Total for 2024**|3,822
3,822|
- **4 Expenditure on raising funds**
**Total costs £**
- **5 Expenditure on charitable activities**
||**Unrestricted funds**
**Restricted**
**Total**|
|---|---|
|**Note**|**Designated**
**£**
**General**
**£**
**funds**
**£**
**funds**
**£**|
||3,500
-
6,500
10,000|
|Governance costs
6|-
200
-
200|
|**Total for 2025**|3,500
200
6,500
10,200|
|**Total for 2024**|3,500
250
-
3,750|
Page 13
## **ALC Foundation**
## **Notes to the Financial Statements for the Year Ended 30 April 2025**
**Total expenditure £**
In addition to the expenditure analysed above, there are also governance costs of £200 (2024 - £250) which relate directly to charitable activities. See note 6 for further details.
**6**
Audit fees Other fees paid to auditors
**Total for 2025**
**Total for 2024**
Page 14
## **ALC Foundation**
## **Notes to the Financial Statements for the Year Ended 30 April 2025**
**7 Net incoming/outgoing resources**
Net (outgoing)/incoming resources for the year include:
**2025 £**
## **8 Trustee remuneration and expenses 9 Taxation**
The charity is a registered charity and is therefore exempt from taxation.
## **10 Cash and cash equivalents**
|**10** **Cash and cash equivalents**|||
|---|---|---|
|||**2025**
**£**
**2024**
**£**|
|Cash at bank||1,302
11,502|
|**11** **Creditors: amounts falling due within one year**|||
|||**2025**
**£**
**2024**
**£**|
|Accruals||250
250|
|**12** **Share capital**|||
|**13** **Funds**|||
||**Balance at 1 May**
**2024**
**£**
**Resources**
**expended**
**£**
**Balance at 30**
**April 2025**
**£**||
|**Unrestricted funds**|||
|General|4,148
(200)
3,948||
|Designated|-
(3,500)
(3,500)||
|**Total unrestricted funds**|4,148
(3,700)
448||
|**Restricted funds**|7,104
(6,500)
604||
|**Total funds**|11,252
(10,200)
1,052||
Page 15
## **ALC Foundation**
## **Notes to the Financial Statements for the Year Ended 30 April 2025**
||**Balance at 1 May**
**2023**
**£**
**Incoming**
**resources**
**£**
**Resources**
**expended**
**£**
**Balance at 30**
**April 2024**
**£**|
|---|---|
|**Unrestricted funds**||
|General|4,076
3,822
(250)
7,648|
|Designated|-
-
(3,500)
(3,500)|
|**Total unrestricted funds**|4,076
3,822
(3,750)
4,148|
|**Restricted funds**|7,104
-
-
7,104|
|**Total funds**|11,180
3,822
(3,750)
11,252|
## **14 Analysis of net assets between funds**
|**14** **Analysis of net assets between funds**|||
|---|---|---|
||**Unrestricted funds**
**Total funds at 30**
**April**||
||**General**
**£**
**2025**
**£**||
|Current assets|1,302
1,302||
|Current liabilities|(250)
(250)||
|Total net assets|1,052
1,052||
||**Unrestricted funds**
**Total funds at 30**
**April**||
|||**General**
**£**
**2024**
**£**|
|Current assets||11,502
11,502|
|Current liabilities||(250)
(250)|
|Total net assets||11,252
11,252|
|**15** **Analysis of net funds**|||
|||**At 1 May 2024**
**£**
**At 30 April 2025**
**£**|
|Cash at bank and in hand||11,502
11,502|
|Net debt||11,502
11,502|
|||**At 1 May 2023**
**£**
**At 30 April 2024**
**£**|
|Cash at bank and in hand||11,380
11,380|
|Net debt||11,380
11,380|
Page 16
## **ALC Foundation**
## **Statement of Financial Activities by fund for the Year Ended 30 April 2025**
## **Unrestricted Funds**
|**Unrestricted Funds**||
|---|---|
||**Total**
**Unrestricted**
**Funds**
**2025**
**£**
**Total**
**Unrestricted**
**Funds**
**2024**
**£**|
|**Income and Endowments from:**||
|Donations and legacies|-
3,822|
|Total income|-
3,822|
|**Expenditure on:**||
|
Charitable activities|(3,700)
(3,750)|
|Total expenditure|(3,700)
(3,750)|
|Net (expenditure)/income|(3,700)
72|
|Net movement in funds|(3,700)
72|
|**Reconciliation of funds**||
|Total funds brought forward|4,148
4,076|
|Total funds carried forward|448
4,148|
This page does not form part of the statutory financial statements. Page 17
## **ALC Foundation**
## **Statement of Financial Activities by fund for the Year Ended 30 April 2025**
## **Restricted Funds**
|**Restricted Funds**||
|---|---|
||**Total**
**Restricted**
**Funds**
**2025**
**£**
**Total**
**Restricted**
**Funds**
**2024**
**£**|
|**Income and Endowments from:**||
|**Expenditure on:**||
|
Charitable activities|(6,500)
-|
|Total expenditure|(6,500)
-|
|Net expenditure|(6,500)
-|
|**Reconciliation of funds**||
|Total funds brought forward|7,104
7,104|
|Total funds carried forward|604
7,104|
This page does not form part of the statutory financial statements. Page 18
## **ALC Foundation**
## **Detailed Statement of Financial Activities for the Year Ended 30 April 2025**
||**Total**
**2025**
**£**
**Total**
**2024**
**£**|
|---|---|
|**Income and Endowments from:**||
|Donations and legacies (analysed below)|-
3,822|
|Total income|-
3,822|
|**Expenditure on:**||
|
Charitable activities (analysed below)|(10,200)
(3,750)|
|Total expenditure|(10,200)
(3,750)|
|Net (expenditure)/income|(10,200)
72|
|Net movement in funds|(10,200)
72|
|**Reconciliation of funds**||
|Total funds brought forward|11,252
11,180|
|Total funds carried forward|1,052
11,252|
This page does not form part of the statutory financial statements. Page 19
## **ALC Foundation**
## **Detailed Statement of Financial Activities for the Year Ended 30 April 2025**
||**Total**
**2025**
**£**
**Total**
**2024**
**£**|
|---|---|
|**_Donations and legacies_**||
|Committed giving|-
3,822|
||-
3,822|
|**_Charitable activities_**||
|Charitable donations|(6,500)
-|
|Charitable donations|(3,500)
(3,500)|
|Accountancy fees|(200)
(250)|
||(10,200)
(3,750)|
This page does not form part of the statutory financial statements. Page 20