REGISTERED CHARITY NUMBER: 1190542 Re ort of the Trustees and Unaudrted Financial Slatements for the Year Ended 31 March 2025 Mera Foundatlon
Mera Foundation cio Contents of the Financial Statements for the Year Ended 31 March 2025 Page Reference and Administrative Details Report of the Tnjstees Statement of Financial Activities Statement of Financial Position Notes to the Financial Statements Detailed Statement of Financial Activities 10
Mera Foundation cio Reference and Administrative Details for he Year Ended 31 March 2025 TRUSTEES Muhammed Meraj Ms Fathema 8egum Ismail Muzammel Meraj PRINCIPAL ADDRESS 209 Clayhall Avenue lfford Essex IG5 ONZ REGISTERED CHARITY NUMBER 1190542 CHARITY INCORPORATION CE022635 NO Page 1
Mera Foundation cio ort of the Trustees for the Year Ended 31 March 2025 The trustees presenl Iheir report with the financial statements of the charity for the year ended 31 March 2025. The Irustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practi applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard appli¢able in the UK and RepubliG of Ireland (FRS 102) (effective l January 2019). FINANCIAL REVIEW Funds in deficit The charity received donations totalling £8.182 {2024. £9.971). After payments of outgoing expenses totalling £10,59012024'. £9,914), the Gharty was left wrth a deficrt of £2.408 (2024.. surplus of £57) for the year. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document Meraj Foundation (CIO) is an incorporated entty govemed under a Constitution of a Charitsble Incorporated Organisation. Approved by order of the board ol trustees on . I I and signed on its behalf Muhammed Meraj - Trustee Page 2
Mera Foundation cio Statement of Financial Activrf(ies for the Year Ended 31 March 2025 31.3.25 Unrestricted fund 31.3.24 Total fvnds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 8.182 9,971 EXPENDITURE ON Charltable actlvities Project 9.914 NET INCOMEI(EXPENDITURE {2,408) 57 RECONCILIATION OF FUNDS Total funds brought forward 2,516 2,459 TOTAL FUNDS CARRIED FORWARD 108 The notes fonn part of these financial ststements Page 3
Mera Foundation cio Statement of Financial Posltion 31 March 2025 31.3.25 Unrestricted fund 31.3.24 Total funds Notes CURRENT ASSETS Cash at bank 408 2,816 CREDITORS Amounts falling due within one year {300) (300) NET CURRENT ASSETS 108 2.516 TOTAL ASSETS LESS CURRENT LIABILITIES 108 2,516 NET ASSETS 108 2,516 FUNDS Unrestricted funds TOTAL FUNDS 108 The finan ial statemAe ts were approved by the Board of Trustees and authorised for issue on . and were signed on tts behalf by.. Muhammed Meraj- Trustee The notes fom part of these financial statements Page 4
Mera Foundation cio Notes to the FinanGial Ststements for the Year Ended 31 March 2025 ACCOUNTING POLICIES Basis of preparing the flnancial ststements The financial statements of the charty, which is a public benefrt entity under FRS 102. have been prepared in accordance with the Charities SORP {FRS 1021 'Accounting and Reporting by Charrties.. Statement of Recommended Pradice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)., Financial Reporting Standard 102 'The Financial Reporting Stsndard applicable in the UK and Republic of Ireland. and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. Income All income is recognised in the Statement of Financial ACtivitS once the Charity has entitlement to the funds, it is probable that the InMe will be received and the amount can be measured reliably. Expendlture Liabilities are recognised as expenditure as soon as there is 8 legal or constructive obligation committing the charity to that expenditure. rt is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Taxatlon The charity is exempt from tsx on its chariiable activrlies. Fund a¢¢ountlng Unrestricted funds can used in accordance with the charitable objectives at the discretion of the Irustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Page 5 continued...
Mera Foundation cio Notes to the Financial Statements- continued for the Year Ended 31 March 2025 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. Trustees, expenses The were no trustees. expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund INCOME AND ENDOWMENTS FROM Donations and legacies EXPENDITURE ON Charitable a¢tfvitles Project 9.914 NET INCOME 57 RECONCILIATION OF FUNDS Total funds brought forward 2,459 TOTAL FUNDS CARRIED FORWARD Page 6 continued...
Mer2. Foundation Notes to the Financial Statements- ¢ontinued forthe Year Ended 31 March 2025 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Other creditors 300 300 MOVEMENT IN FUNDS Net movement in funds At 31.3.25 At 1.4.24 Unrestrlcted funds General fund 2,518 {2,408} 108 TOTAL FUNDS 2.S16 108 Net movement in funds, included in the above are as foll0v". Incoming Resources Movement resources exFended in funds Unrestricted fund8 General fund 8,182 (10.590) 12,408) TOTAL FUNDS Comparatives for movement In funds N•t movement in funds At 31.3.24 At 1.4.23 Unrestrlcted funds General fund 2.459 57 2,516 TOTAL FUNDS 57 Page 7 continued..
Mera Foundation cio Notes to the Finan¢ial Statements- continued for the Year Ended 31 March 2025 MOVEMENT IN FUNDS- continued Comparative net movement in funds. included in the above are as follows.. Incoming resources Resources Movement expended in funds Unrestricted funds General fund 9,971 {9,914) 57 TOTAL FUNDS 57 A current year 12 months and prior year 12 months combined position is as follows.. Net movement in funds At 31.3.25 At 1.4.23 Unre$trlcted funds General fund 2,459 (2,351) 108 TOTAL FUNDS 108 A currènt year 12 months and prior year 12 months combined net movement in lunds. included in the above are as follows.. Incoming resouroes Resources Movement expended in funds Unrestrlcted funds General fund 18,153 (20.504) {2,3511 TOTAL FUNDS 18,153 20,504) 2,351} Page 8 continued...
Mera Foundation cio Notes to the Financial Ststements - continued for the Year Ended 31 March 2025 RELATED PARTY DISCLOSURES There were no relatsd party transactions for the year ended 31 March 2025. Page 9
Mera Foundation cio Detailed Statement f Financial Activittes for th Year Ended 31 March 2025 31.3.25 31.3.24 INCOME AND ENDOWMENTS Donatlons and legacies Donations 8,182 9,971 Total incoming resources 8,182 9,971 EXPENDITURE Charltable activities Project costs 10.290 9,614 Support costs Governancè costs Accountancy and legal fees 300 300 Total resources expended 10,590 9.914 Net {expendltureylncome 57 This page does not form part of th¢ statutory finanGial ststements Page 10