CHARITY REGISTRATION NLTgBER 1192756 UPSIGN NETWORK TRUSTEES, REPORTS AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDING 30 JUNE 2024 ACCOUYTAX7.ONF. I.IMITF.D Chartered Certified Accountants & Busincs5 Advisors 20-22 Wenlock Road, London, England, NI 7GU
UPSIGN NETWORK TRUSTEES, REPORT AND UINAUDITED FINANCIAL STATEMENTS TrOR THE YEAR L.)DIG 30 JUNE 2024 coriTENTS PAGE Reference and administrative details Trustees, Annual Report Sialemenl ol Financial Activities Balanc¢ shc¢t Notes to the financial slalements
UPSIGN NETWORK REFERENCE LYD ADMIYISTIL4TIVE DETAILS YEAR EYDED 30 JUNE 2024 Th¢ Irust¢¢s pr¢s¢nt th¢ir rq)ort and th¢ financial stat¢rn¢nts of thc charity for th¢ y¢ar ¢ndcd 30 Jun¢ 2024. REFERENCE AND ADNqIP*lSTRATIVE DETAILS Registered charity name UPSIGN NETWORK Charlty reglstrgtlon number 1192756 PTlncipal offlce 10 Penrith way Ay[bUry HP217JZ Trustees Dr Ja.1vad Arshad Da PhD Dr Khalid Mahm<M)d Ms Nosheen Ramzan Bankers Noiional Wcslininsicr Bank Pl¢ Chaiham Cusiomer Service Centr¢. Wdierside Court Chatham Maritime ME4 4RT
UPSIGN NETWORK TRLSTEES AI%NUAL REPORT YEAR EYDED 30 JUNE 2024 The report of the trustees for the year ended 30 June 2024 Introductio The trustees present their annual rewrt and accounts for ihe year ended 30 June 2024. There have been expenditures of £6.563 And income of £7,540 during the yeAr. Name, reglstered offlet and conslutIOn of tbe charltv Thc full namc of ihc charity is UPSIGN NETWORK. The legal registration detai15 are: Date oftomiation The Registered Office is ctmrity RcLTiStrytiun Number Th¢ telephon¢ numb¢r is I l December 2020 10 Penrith 'ay, Aylesbury, HP217JZ 119?756 07508672210 OBJECTII'ES AND ACTII'ITIES The contribution ofvolunteers Thc charity has drawn upon ihc pool of volunie¢rs wiihoui whom ihe level of work ihal wc undcriakc would be significantly leks. Summar). of main Activitles of the charitv in relation to its objecls Upsign N¢iwork was ¢onsiiiui¢d und¢r thc goi'crning do¢um¢ni daicd I l D¢¢¢mb¢r 2n20. Th¢ objLCtIVL of Up8igFn NLiwork is lo adiance ihc educaiion of ihe public in ihc subjects of SCiLIiLL. teclinoloby. the hunianilie% and such other acadeiiiic disciplines as Ilie Irusiees in (heir dire(lOn Ihink rit. includinb but not Cxclusivcly. by fost¢ring n¢iworking and collabordlion b¢'¢¢n univ¢rsit1¢5 and othcr insiiiuiiollb in the UK dnd Pdki5tan dnd by organising evcnis. workshops dnd seminars. Thc charity opcratcs on a non-profitable ba$i$. Rlyk management Thc trustccs havc cxamincd thc major slrdlcgic, businc55 and opcrdtional risks which thc charity fa5 and conlimi that the 8ystcms haie been esiablished to enable regular re}rt% io bc produccd go ihai ihc necessic ry Steps Clc n be tlc ken to lessen ihese risks. FIINANCIAL REVIEW There tutdl expenditure incurred was £6,563 and total income generated £7.540 during the year ending 3U June 2024.
UPSIGN NETWORK TRUSTEES ANNUAL REPORT i¢¢Jtiittwd) YEAR ENDED 30 JUNE 2024 REspof*SIBILITIES OF THE TRUSTEES Th¢ charit5 trusl¢¢s ar¢ r¢sponsibl¢ for prqTraring lh¢ Trust¢ Annual R¢port and th¢ financial statements in accordance wilh applicable law and Uniied Kingdom Accouniing Standards (United Kingdom Generally Accepied Accounting Prdciicel. The law applicable 10 charities in England and Walcs requires ihe Iruslees io prepare financial statements foi each financial year which give a true and fair iiiew of ihe state of atTairs of ihe charity and of the incoming resources and application of resources of the chariry for that year. In preparing these financial statements, the trustees are required to.. select suitable accounling rrtTrlicies and then apply them consistently. obscrvc the mcthods and principlcs in thc Charitics SORP. makc judgments and cstimatcs that are reasonable and PTudcnt; statc H'hether applicablc accounling standards. have bccn followed, subject to any matcrial dLPdrturLS dis¢1(Trs¢d and ¢xplain¢d in th¢ findn¢iJl Slai¢m¢nts.' dnd prcparc ihe financial siatcm¢nts ()n the guing ¢oncem basis unlcss it is inappropriate ¢0 prebumc that the Charity will coniinue opcraiion. The trLLStee% are responsible for keeping proper accouniing recoriLs that disclose wilh reasonable accuracy at any time the financial position of ihe ¢harily aiid enable them io ensure that ihc financial %tdtLm¢nts iomply with th¢ Chdrili¢s A¢1 2011 and th¢ Charity IAi¢ounis dnd RLporlsl R¢biulali()ns ?O()N. ThL Iru.%lLCS arc dlso rLSwll5ible for rebuardlnbI Ihc dssets of the Lhdrily Jnd hcnLC for lakin rcasonable.sleps for the prel'enlion and dctcction of fraud and other irre¥ulariiics. Signed by ordcr ofthe trustec5 Dr Khalid Mahmood Trustee 18 Dec 2024 Date..
UPSIGN fETII:ORK STATEMEPT OF FIJ,LNCI,IL ACTII"ITIES FOR THE YEAR EYDING 30 JUNE 2024 Lnre5trict Restricte Total ed FuDds d Funds FuDds Unrestri cted unds Restri ted Funds Total Fund$ -2024-__ -2023-_.______ Notes INCOMING RESOURCES Incomingi resource% from generating funds.. Voluniary income Inieresi income TOTAL INCOMING RESOURCES 7.540 3,500 3,500 7.540 7540 3.500 3.500 RF.SOURCF.S F.XPF.NDF.D Charitable acrivities Support cost of charitable 950 950 1,021 1,021 GenLral admini%iraiive cxpcns¢s T()'I'AI. RF,SOURCF.S EXPF.NDF.D r*b:T INCOMINGI OUTGOING Rb:S()URCF.S FOR THE YEAR 5.612 5,612 3.448 3,4411 6.56J 4.469 4.469 977 977 969 909 RECONCILIATION OF UNI)S Totdl lun£ls brought forward NE'f INCOMINGI OUTGOING RESOURCES FOR THE YEAR TOTAL FUNDS CARRIED ORWARD 2.5RO 977 977 (969) (9691 2.588 The Statement of Financial Activitie5 includes all gain5 and10sse5 in the year and therefore a Statement of total recobTnised 1n& and105se5 has not been prepared. All of the above amounts relate to conlinuing activilies.
UPSIGN YETWORK BALANCE SHEET AS .4T 30 JLNF. 2024 2024 2023 CURRENT ASSETS Cash ai bank and in hand 2.588 1,611 I,J611 CREDITORS: Amounts falling due within one !'e#r NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NF.T ASSF.TS 2,588 2.588 Unre5triLtcd income funds Total fund5 brought forward TOTAL FUNDS 977 {9fi91 2.5110 2.588 The%e financial statements were approved by the member of the committee on the ¢ifc bigTn¥d on thlir bchull'by.. and Dr Khalid MahmiM)d Trustee 18 Dec 2024 The notes on page5 6 to 7 form part ofthese financial statements.
UP.SICN F.Tl'0RK YOTES TO THE FINANCIAL STATEMEYTS FOR THE YEAR ENDIfiG 30JLN4E 2024 ACCOUNTING POLICIES Basls of a¢¢ountlng The ljtthneial glalemenls hÈv¢ been prepared under ihe hisiorical eogt eonveiition and in eeordAnee with applicable United Kingdom accounting sthndards. Ihe Siaiemeni of Recommended Practice "Accouniing and Reixining by Chariiies" issued in March 25 {SORP 21M)5) and the Charities Act 2011. INCOMING RESOURCES FROM CHARITABLE ACTIN'ITIES Unre51TlCted Funds Total Unrestricted Fund$ Total 2024 Voluntary income Gift Aid Total 7.540 7.540 3,500 3,500 7.540 INVESTMENT INCOME Unrestrlcted Total Unrestrl¢ted Fundy Total 2023 Bank deposit interesl receii'ed RESOURCES EXPENDED COSTS OF CHARITABLE ACTIVITIES BY FUND TYPE Unrestricted Funds Total Unrestricted Funds Total 2024 2023 Direct charitable costs Other Total
UPSIGN ET3}.0RK NOI'ES TO'fHL TrlTrlIlNClIlL sTATEIENTs Iconiinued) FOR THE YEIIR ENDING 30JLTr4E 21124 GOVERNANCE COSTS Unrestricted Funds Total Unrestrieted Funds Total -2023-______ Support Cost of ehgritable actii'ities Printing and publications Travel 5,613 3,448 3,448 Cyeneral dministr4tive expense$ Othcr admini.%trativc cxpcn4cs 950 950 1,021 1,021 TDtal governance costs 6.563 2.079 4,469 4,469 STAFF COSTS AND EMOLUMENTS No ¢mploy¢¢s w¢r¢ hir¢d during ih¢ y¢ar and no paymcnts w¢r¢ mad¢ in (his r¢qp¢¢t during th¢ y¢ar. The trustees worked voluntarily and did noi receii'e any remuneration for their services. CREDITORS: Amounts falllng due M'lthln one yer 2024 2023 Ac¢ruals