**Charity No: 1190636**
## **NOOR DAAD FOUNDATION**
## **REPORT OF THE TRUSTEES AND**
## **UNAUDITED FINANCIAL STATEMENTS**
**For the year ended 31[st] March 2025**
**Ainsworths Limited Charter House Stansfield Street Nelson Lancashire BB9 9XY**
## **NOOR DAAD FOUNDATION**
## **CONTENTS OF THE FINANCIAL STATEMENTS For the year ended 31[st] March 2025**
|Report of the trustees
Report of the Accountants to the trustees of the Noor Daad Foundation
Statement of financial activities
Balance sheet
Notes to the financial statements|Page
1 – 3
4
5
6
7 - 8|
|---|---|
## **NOOR DAAD FOUNDATION**
## **REPORT OF THE TRUSTEES For the year ended 31[st] March 2025**
The trustees present their annual report and the unaudited financial statements of the charity for the year ended 31[st] March 2025.
The financial statements comply with the Charities Act 2011 and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) (effective 1[st] January 2019) – (Charities SORP (FRS 102)).
## **LEGAL AND ADMINISTRATIVE DETAILS**
**Registered charity number** 1190636
**Registered address** Brunswick House Brunswick Street Nelson BB9 0HQ
**Trustees and key management personnel**
The trustees who served during the year were as follows:
Mir Afsar Osama Feroz Sadia Tubussam
## **Accountants**
Ainsworths Limited Charter House Stansfield Street Nelson Lancashire BB9 9XY
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Organisational status**
Noor Daad Foundation was registered as a charitable incorporated organisation (CIO) on 29[th] July 2020 under the provisions of the Charities Act (Charity number: 1190636) and is governed by its foundation constitution document.
## **Organisational structure**
The Board currently consists of three trustees and is responsible for key policy decisions and the effective governance of the organisation overall.
**1**
## **NOOR DAAD FOUNDATION**
**REPORT OF THE TRUSTEES For the year ended 31[st] March 2025**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT (CONTINUED)**
## **Recruitment and appointment of new board members**
Trustees are appointed to reflect the skills required to support the Board and its range of activities. The trustees themselves appoint new trustees to the Board either through volunteers or people they have met while working in the community. Such recruitment is based on their individual skills and empathy for the subject the Board provides appointees with a full orientation on the services provided, the decision-making processes of the charity and the roles and responsibilities of a trustee, including their legal obligations under applicable laws.
## **Risk management**
The trustees have examined the major strategic, business and operational risks which the charity faces and confirm that systems have been established to ensure that regular reports are produced and that necessary steps can be taken to address any issues arising.
## **OBJECTIVES AND ACTIVITIES**
The charitable objects of the charity are to relieve the needs of those in rural villages in Pakistan by:
1. The relief of financial hardship, in particular but not exclusively by the provision of basic essentials such as clothing, sanitation and non-prescription medication;
2. The preservation and protection of good physical and mental health by enabling access to health care facilities and medically equipped transport; and
3. The advancement of education and training such as first aid courses empowering people to facilitate basic medical needs.
## **Public benefit**
In setting out the charity’s objectives and planning of activities the trustees have given careful consideration to the Charity Commission’s general guidance and section 17(5) of the Charities Act 2011. The trustees are confident that the charity’s objects comply with the responsibility placed on all charities under the Charities Act 2011 to demonstrate a public benefit.
## **ACHIEVEMENTS AND PERFORMANCE**
The charity has remained dormant since its formation. No activity has occurred yet hence these accounts are dormant accounts.
## **FUTURE PLANS**
No immediate changes to the company’s dormant status are planned currently.
## **FINANCIAL REVIEW**
As the charity is currently dormant, there is no financial performance to review.
## **Reserves policy**
Whilst the charity is dormant, there is no requirement for the charity to hold reserves. The charity does not hold any reserves and the trustees are satisfied with this position currently.
## **Risk assessment**
The trustees review the major risks faced by the charity during their regular meetings and confirm there are systems in place to mitigate them. Internal risks are minimised by the segregation of duties and procedures for authorisation of all transactions.
**2**
## **NOOR DAAD FOUNDATION**
**REPORT OF THE TRUSTEES (CONTINUED) For the year ended 31[st] March 2025**
## **STATEMENT OF TRUSTEES’ RESPONSIBILITIES**
Under charity law, the trustees are responsible for preparing the Report of the Trustees and the financial statements for each financial year which show a true and fair view of the state of affairs of the charity and of the excess of income over expenditure for that period.
In preparing these financial statements, generally accepted accounting practice entails that the trustees:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether the recommendations of the Statement of Recommended Practice have been followed, subject to any material departures disclosed and explained in the financial statements;
- state whether the financial statements comply with the trust deed, 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 charity will continue its activities.
The trustees are required to act in accordance with the trust deed of the charity, within the framework of trust law. They are responsible for keeping proper accounting records, sufficient to disclose at any time, with reasonable accuracy, the financial position of the charity at that time, and to enable them to ensure that, where any statements of accounts are prepared by them under the Charities Act 2011 and the applicable Charity (Accounts and Reports) Regulations, those statements of accounts comply with the requirements of regulations under those provisions.
The trustees also have a general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the charity and to prevent and detect fraud and other irregularities.
## **Charity requirements**
This report has been prepared in accordance with requirements set down by the Charities SORP (FRS 102).
Signature: Name: Osama Feroz Date: 10[th] June 2025
**3**
## **REPORT OF THE ACCOUNTANTS’ TO THE TRUSTEES OF**
## **NOOR DAAD FOUNDATION For the year ended 31[st] March 2025**
In accordance with our terms of engagement we have prepared for your approval the financial statements of the Noor Daad Foundation for the year ended 31[st] March 2025 on pages 5 to 8 from the accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to you, as trustees, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of the Noor Daad Foundation and state those matters that we have agreed to state to you in this report in accordance with ICAEW Technical Release TECH08/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than yourselves for our work or for this report.
You have approved the financial statements for the year ended 31[st] March 2025 and have acknowledged your responsibility for them, for the appropriateness of the financial reporting framework adopted and for providing all information and explanations necessary for their compilation.
We have not verified the accuracy or completeness of the accounting records or information and explanations you have given us and we do not, therefore, express any opinion on the financial statements.
Ainsworths Limited Chartered Accountants Charter House Stansfield Street Nelson BB9 9XY
Dated the 10[th] of June 2025
**4**
## **NOOR DAAD FOUNDATION**
## **STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31[st] March 2025**
|**Notes**
**Income from:**
Donations
Charitable activities
Trading activities
**Total incoming resources**
**Expenditure on:**
Raising funds
Charitable activities
**Total expenditure**
**Net (outgoing)/incoming resources**
**before other recognised gains/(losses)**
Other recognised gains/(losses)
**Net movement in funds**
**Total funds brought forward**
**Total funds carried forward**|**Unrestricted**
**funds**
**Restricted**
**funds**
**2025**
2024
**£**
**£**
**£**
£
**-**
**-**
**-**
-
**-**
**-**
**-**
-
**-**
**-**
**-**
-|
|---|---|
||**-**
**-**
**-**
-|
||**-**
**-**
**-**
-
**-**
**-**
**-**
-|
||**-**
**-**
**-**
-|
||**-**
**-**
**-**
-
**-**
**-**
**-**
-|
||**-**
**-**
**-**
-
**-**
**-**
**-**
-|
||**-**
**-**
**-**
-|
The charity was dormant throughout the current and preceding year.
**5**
## **NOOR DAAD FOUNDATION**
## **BALANCE SHEET As at 31[st] March 2025**
|**Notes**
**Fixed assets**
Tangible assets
**Current assets**
Stocks
Debtors
Cash at bank and in hand
**Current liabilities**
Creditors: Amounts falling due within one
year
**Current assets less current liabilities**
**Net assets**
**Funds**
Restricted
Unrestricted|**2025**
**£**
**£**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**2025**
**£**
**£**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|2024
**£**
£
-
-
-
-
-
-
-
-
-
-
-|2024
**£**
£
-
-
-
-
-
-
-
-
-
-
-|
|---|---|---|---|---|
||**-**
**-**||-
-||
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|||**-**||-|
|||**-**
**-**||-
-|
|||**-**||-|
These financial statements were approved by the Board of Trustees on the 10[th] of June 2025 and signed on its behalf by:
Signature: Name: Osama Feroz
**6**
**NOOR DAAD FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31[st] March 2025**
## **1. STATUTORY INFORMATION**
Noor Daad Foundation is a charitable incorporated organisation (CIO) registered with the Charity Commission in England. The registered charity number and address can be found in the Report of the Trustees on page 1.
## **2. ACCOUNTING POLICIES**
## **Basis of preparation**
The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) issued on 16[th] July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and United Kingdom Generally Accepted Practice as it applies from 1[st] January 2015.
Noor Daad 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 note(s).
## **Cash flow**
The charity is exempt from the requirement to prepare a cash flow statement as it qualifies as a small entity.
## **Incoming resources**
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Income from donations, legacies, fundraising and similar incoming resources are included in the period in which they are receivable.
Any income received for specific purpose is accounted for as restricted funds when receivable.
## **Expenditure**
Expenditure is accounted for on an accruals basis (inclusive of attributable value added tax which cannot be recovered) and has been classified under the principal categories related to the cost.
Costs allocated to activities in the furtherance of the charity’s objects are those directly associated with achieving the charity’s goals. Support costs are those incurred in connection with the management of the company’s assets, organisational administration and compliance with constitutional and statutory requirements. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
**7**
**NOOR DAAD FOUNDATION**
## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31[st] March 2025**
## **2. ACCOUNTING POLICIES (CONTINUED)**
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees in the furtherance of the general activities of the charity. Surplus funds can be allocated to restricted projects if the trustees believe they are required.
Restricted funds are funds subject to specific restriction imposed by the donors for the purpose of any appeal in which the funds are raised and can only be used for particular purpose within the objects of the charity.
## **Taxation**
The company is a registered charity and is therefore exempt from Income Tax and Corporation Tax under the provisions of Section 505(1) of the Income and Corporation Taxes Act 1988.
## **3. STAFF COSTS**
The charity has no employees and the trustees have received neither remuneration nor reimbursement of expenses during the current and preceding year.
## **4. RELATED PARTY TRANSACTIONS**
There were no related party transactions during the current and preceding year.
**8**