FARANIS TRUST
A Charltable Incorporated Organisation
Registered Charity Number1189488
Trustees, Annual Report
and Financial Statements
For th8year ended29Apri12032
Faran15T¥ugt. Charltyll89488. Truslqes Annual Rèport & Flnanclal St&tsm8nts. Forthe yearended 29 Aprll 2022

l Legal and Administrative Information
Charity name
Faranis Trust
Charlty registration number 1189488
Legal form
Charitable Incorporated Organisation ICIOI, foundation
model
Date registered
14 May 2020
Governing document
Constltutlon Icharity Commission foundation model,
adopted on registration)
Registered off ice
Fleet House
8-12 New Bridge Street
London
EC4V 8AL
Trustees
Farhan Farani (Chairl, appointed14 May 2020
Umar KhanlTwsteel, appointed14 May 2020
Bankers
None during the year (the charity's Lloyds Bank account was
opened in the year ended 29 April 2023)
Independent examiner
Not required- gross income below £25,000 (see note 31
As 8 foundation model CIO, the charitys only voting men7bers are its charity trustees.
2 Structure. Governance and Management
Governlng document. Faranis Trust is a Charitable Incorporated Organlsation (foundation
model), registered wlth the Charity Comrnission for England and Wales on14 May 2020. It is
governed by its constitution. As 8 foundation model CIO, Its only votlng members are Its
charity trustees.
FaranlsTrust. Charity1189488. TNsttrÈgknnu&l Report & Fln8nclal Statements. Forthe ye8r ended 29Aprll 2022

Charltable objects. The object of the CIO Is the prevention or relief of poverty anywhere
in England by providing grants, items, supplies, or such other means, as the trustees
determine, to indivlduals in need, or other organisations working to prevent or
relieve poverty.
Appolntment of trustees. Trustees are appointed in accordance with the charity's
constitution. The trustees who served during the year are Ilsted in the Legal and
Admlnlstrative Information above.
Management. The charity has no employees. Its affairs are conducted bythe trustees on a
voluntary basis.
3 Objectives, Activities and Review
Objects and publlc beneflt. The charltvs object Is the prevention or rellef of poverty, as
set out above. The trustees confirm that they have had regard to the Charity Commissions
guidance on public benef it.
Revlew of theyear. The charity remained dormant throughout the year. It received no
Income, incurred no expenditure, and did not operate a bank account or hold any assets
during the year.
Financlal revlew. The Charity had no f inancial transactlons during the year ended 29 April
2022 and held no funds at the year end.
Reserves. The charity held no reserves. A reserves policy will be adopted when the charity
commences its activlties.
Golng concern. The trustees have prepared the financial statements on a going
concern basis.
4 Statement of Trustees. Responsibilities
The trustees are responsible for preparing the Trustees, Annual Report and f Inanclal
statements whlch give a proper record of the charitls recelpts and payments and of its
assets and liablllties, in accordance with the Charities Act 2011. The trustees are
F8r8nlB Trust. C￿rIty 1189488. TrUSte￿Annual Report & Flnanclal Ststemonts. FortheyBerended 29 Apfll 2022

responsible for keeping proper accounting records and for taking reasonable steps to
safeguard the assets of the charity.
and signed on their behalf ..
Signed: _--..-...-........-
Position:
Faranls Trust. Charftyll89488. Trustees Annual Report & FlnancS8l Staremtsnt8- For thtrygBrendgd 29Aprll 2022

Receipts and Payments Account
For the year ended 29Apri12022
NOTE
2022 1
2021 £
RECEIPTS
Donations and gifts
Total receipts
PAYMENTS
Charitable and other payments
Total payments
NET MOVEMENT IN FUNDS
Surplus I (def Icltl for the year
Cash funds brought forward
Cash funds earrled forward
The notes on the followlng page form part of these financial statements.
Far8nls Trust. ChèrlLy1189488.Tru$rggiAnnual Report & nnanc181Stgtgmgllts. For thq yearended 29 Aprll 2022

Statement of Assets and Liabilities
As at29Apri12022
140T£
2022
2021 e
ASSETS
Cash at bank
Total assets
FUNDS OFTHE CHARITY
Unrestricted funds
Total funds
Approved bythe trustees on_
. and slgned on their behalf ..
Signed.. .,￿-.
Position:
FJr8nl¥Trust. Charity1189488. Tru$teegAnnual Report & Flnanclal StatBmpnts. For th?y88rend8d 29Aprll 2022

Notes to the Financial Statements
l No Income or expenditure
The charitywas dormant during the year ended 29 April 2022. It received no income and
incurred no expendlture.
2 Bank account. assets and Ilabllltles
The charlty did not operate a bank account durlng the year and held no assets or liabilities.
The charity's Lloyds Bank account was opened later, during the year ended 29 April 2023.
3 Independent examinatlon
The charity's gross income was below £25,OQO, so independent examination is not
required under section145 of the Charities Act 2011. The f inancial statements have been
prepared and approved by the trustees.
4 Related party transactions
There were no related party transactlons during the year ended 29 April 2022. No trustee
received any remuneration or reimbursed expenses.
5 Comparatlve f Igures
Comparatlve f igures are for the charity's f irst accountlng perlod, 14 May 2020 to 29 April
2021, during which the charity was also dormant.
6 Basls of preparatlon
The f inancial statements have been prepared on the receipts and payments basls in
accordance with the Charities Act 2011. As a CIO with gross income below £250,000, the
charity is eligible to prepare receipts and payments accounts. No f ixed assets are held in
the charitys name.
Faranl8Trust. Chèrlty118g488. TruEte85 Annual REport & Flnanclal St8temenrs. Fartheyearended 29ApTiI 2022