The Charity Registration Number is:- 1195072 

## KHAN FOUNDATION BANGLADESH 

Report and Accounts 

31 December 2024 




## **KHAN FOUNDATION BANGLADESH** 

## **Report and accounts for the year ended 31 December 2024** 

|**Contents**|**Page(s)**|
|---|---|
|**Charity information**|**1**|
|**Trustees' Annual Report**|**1**|
|**Funds Statements: -**||
|**Statement of Financial Activities**<br>|**7**|
|**Movements in funds**<br>|**8**|
|**Income and Expenditure account**||
|**Balance sheet**|**10**|
|**Notes to the accounts**|**11**|





## **KHAN FOUNDATION BANGLADESH** 

## **Trustees' Annual Report for the year ended 31 December 2024** 

The Trustees present their Report and Accounts for the year ended 31 December 2024. 

## **Reference and administrative details** 

_**The charity name.**_ 

The legal name of the charity is: - KHAN FOUNDATION BANGLADESH. 

The charity is also known by its operating name, N/A. 

_**The charity's areas operation and UK charitable registration.**_ 

The charity operates in England & Wales and the registration number is 1195072. 

The charity does not operate in any overseas jurisdictions. 

## _**Legal structure of the charity**_ 

The charity is constituted as an unincorporated charity, established by a Trust Deed. 

There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law. 

The trustees are all individuals. 

1 



## **KHAN FOUNDATION BANGLADESH** 

## **Trustees' Annual Report for the year ended 31 December 2024** 

## **The principal operating address, telephone number, email and web addresses of the charity are: -** 

16-20 Bridge Street 

London E1 5QN 

## **The Trustees in office on the date the report was approved were: -** 

Mr Shahid Khan Mr Mosharaf khan Dr Ayub Khan 

## **The following persons served as Trustees during the year ended 31 December 2024:** 

Mr Shahid Khan 

Mr Mosharaf khan 

Dr Ayub Khan 

Mr Monir Khan 

## **Objects and activities of the charity** 

## _**The purposes of the charity as set out in its governing document.**_ 

The aim of Khan Foundation Bangladesh is to provide essential support to people to individuals and families in extreme poverty in Sylhet, Bangladesh. 

## _**The main activities undertaken in relation to those purposes during the year.**_ 

The main activities of Khan Foundation Bangladesh are predominantly undertaken during the two religious Eid Festivals which fall within the Islamic calendar. During these period funds are raised to help provide food packs for families, provide medical assistance to families who are unable to pay for the fees, provide financial assistance towards constructing basic houses for families who are living in unsuitable living conditions. Khan Foundation Bangladesh also raises money before the winter season in Bangladesh so that thick blankets can be provided for families who would otherwise struggle with the cold winter season. Provision of clean safe water with water well project and provision of sewing machines for empowerment projects are also included in the main activities. 

## _**The main activities undertaken during the year to further the charity's purpose for the public benefit.**_ 

With the view of ensuring the public benefit from the activities of Khan Foundation, the charity had successfully run a project which involved donating sewing machines which helped empower individuals to develop and build new skills as well as enabling them to potential make a sustainable earning through the donation of machines. 

2 



## **KHAN FOUNDATION BANGLADESH** 

## **Trustees' Annual Report for the year ended 31 December 2024** 

**The main achievements and performance of the charity during the year.** 

## **Ramadan / Eid-ul-Fitr (March/April 2024):** 

During the month of Ramadan and Eid a total of 1,809 food packs were distributed across various locations in Sylhet, with priority given to individuals and families in extreme poverty. The food pack contained essential items which allowed the recipients to be self-sufficient for a period of time. The food pack campaign was a great achievement. Furthermore, a total of 2,210 families received financial payments which helped them pay for essential medical, educational and personal costs. 1 sewing machine were donated to a family which not only will help the recipients gain a valuable skill but give them an opportunity to create a sustainable income. Khan Foundation continued its great work with providing clean and safe water for families who live in deprived areas by donating 7 tube wells. The installation of the tube wells will ensure the families have easy access to clean and safe water, a fundamental right to all human beings. 

## **Eid-ul-Adha 2[nd] Eid (June 2024):** 

Khan Foundation raised a total of £1,485 which helped in distributing a total of 742 food packs to families in need across various locations in Sylhet. This was a real achievement considering the funds raised which were all donations and supporters of the charity. 

## **Winter Season:** 

A total of £1887 was raised during the winter season of January of 2024 and December of 2024 which helped distribute 754 blankets to individuals and families who would have struggled otherwise during the cold winter season. 

## **Ambulance project:** 

Khan Foundation Bangladesh has its set objective of running an Ambulance service which provides free transportation services for the needy people free of charge. This is the first for any charity in Sylhet to provide this free service. This is a complete free of charge service which is available to anyone within the Sylhet district of Bangladesh. 

The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity. 

## _**The difference the charity's performance during the year has made to the beneficiaries of the charity.**_ 

The charity’s performance during this period has made a meaningful difference to beneficiaries by providing essential food, clean water, and winter relief to many vulnerable families, reducing immediate hardship. In addition, long-term support such as education sponsorships, sewing machines for income generation, and the facilitation of ambulance service have empowered individuals and families to build more secure and sustainable futures. 

3 



## **KHAN FOUNDATION BANGLADESH** 

## **Trustees' Annual Report for the year ended 31 December 2024** 

## _**The degree to which the achievements and performance during the year have benefited wider society.**_ 

The achievements during the period have had a significant positive impact on wider society by addressing immediate needs such as food security, warmth in winter, and access to clean water, while also supporting long-term benefits through education, income generation, and free healthcare transport service. These initiatives not only alleviated hardship for thousands of vulnerable families but also strengthened community resilience and wellbeing. 

## **Financial review** 

## _**The charity's financial position at the end of the year ended 31 December 2024**_ 

The financial position of the charity at 31 December 2024 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows: - 

||**2024**|**2024**|
|---|---|---|
||**£**|**£**|
|**Net income**|565.71|-|



Unrestricted Revenue Funds available for the 

565.71 general purposes of the 

charity 

|**Total Funds**|565.71<br>-|565.71<br>-|
|---|---|---|
||||



## _**Financial review of the position at the reporting date, 31 December 2024.**_ 

The trustees consider the financial performance by the charity during the year to have been satisfactory. 

## _**Policies on reserves.**_ 

Due to the nature and the set-up of Khan Foundation, the charity does not have reserve funds as all funds raised are immediately distributed with no fixed overheads or long-term projects that require financial commitments. Should a situation arise whereby there is a financial expenditure and there is no funding then this has been covered by trustees. Moving forward, the Trustees will explore the benefits of holding a reserve as it could enable the charity to stagger the delivery of projects, making it slightly more sustainable. There are no funds held by Khan Foundation which are materially in deficit. 

## _**Going Concern**_ 

There is no immediate financial concern for the charity as things stand, however there is always the risk, as for any charity, that the level of donations reducing due the current and forecasted financial climate. This is more of a high risk for Khan Foundation Bangladesh as we currently rely 100% on donations. 

4 



## **KHAN FOUNDATION BANGLADESH** 

## **Trustees' Annual Report for the year ended 31 December 2024** 

## _**Availability and adequacy of assets of each of the funds**_ 

The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund. 

## **Statement of Trustees' Responsibilities** 

The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities)  2019, applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), . 

In particular, charity law requires the Trustees, if they prepare accounts on an accrual’s basis, to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Trustees are required to: 

- to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). 

- select suitable accounting policies and apply them consistently; 

- make judgements and estimates that are reasonable and prudent; 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. 

- state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements. 

The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year. 

The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with regulations made under the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

5 



## **KHAN FOUNDATION BANGLADESH** 

## **Trustees' Annual Report for the year ended 31 December 2024** 

The Trustees are also responsible for the contents of the Trustees' report, and the statutory responsibility of the Independent Examiner in relation to the Trustees' report is limited to examining the report and ensuring that, on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements. 

This report was approved by the board of trustees on 30[th] October 2025. 

## **MR SHAHID KHAN** 

Trustee 

6 



## **KHAN FOUNDATION BANGLADESH - Statement of Financial Activities for the year ended 31 December 2024** 

## _**Statement of Financial Activities for the year ended 31 December 2024**_ 

|**Income & Endowments from:**<br>Donations & Legacies<br>**Expenditure on:**<br>Charitable activities<br> <br>**SORP**<br>**Ref**<br>A1<br>B2<br>**Total expenditure**<br>**B**<br>**Net income for the year**<br>**Net income after transfers        A-B-C**<br>**Net movement in funds**<br>**Reconciliation of funds: -**<br>**E**<br>**Total funds carried forward**|<br>**Current year**<br>**Unrestricted**<br>**Funds**<br>**2024**<br>**£**<br>24,825.66<br>24,716.95<br>**Current year**<br>**Restricted**<br>**Current year**<br>**Total Funds**<br>**2024**<br>**£**<br>24,825.66<br>24,716.95<br>**Funds**<br>**2024**<br>**£**<br>-<br>-<br>**565.71**<br>**565.71**<br>**565.71                                                         565.71**<br>565.71<br>**-**<br>565.71<br>**565.71**<br>**-**<br>**565.71**|
|---|---|



The 'SORP Ref' indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet. 

A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses. 

All the prior year transactions were unrestricted items, and no further analysis is required 

All activities derive from continuing operations 

## **The notes attached on pages 11 to 17 form an integral part of these accounts.** 

## **The notes attached on pages 11 to 17 form an integral part of these accounts.** 

The resources applied on fixed assets for charity use represents the cost of additions less proceeds of any disposals. 

## **Movements in revenue and capital funds for the year ended 31 December 2024** 

**Revenue accumulated funds** 

7 



## **KHAN FOUNDATION BANGLADESH - Statement of Financial Activities for the year ended 31 December 2024** 

|**Unrestricted**<br>**Funds**<br>**2024**<br>**£**<br>Recognised gains and losses before<br>transfers<br>**Closing revenue funds**<br>**Summary of  funds**<br>Revenue accumulated funds<br>565.71<br>565.71<br>**Unrestricted**<br>**and**<br>**Designated funds**<br>**2024**<br>**£**<br>565.71<br>**565.71**|**Restricted**<br>**Funds**<br>**2024**<br>**£**<br>-<br>**-**<br>**Restricted**<br>**Funds**<br>**2024**<br>**£**<br>-<br>**-**|**Total**<br>**Funds**<br>**2024**<br>**£**<br>565.71|
|---|---|---|
|||565.71|
|||**565.71**|
|||**Total**<br>**Funds**<br>**2024**<br>**£**<br>565.71|



8 



## **KHAN FOUNDATION BANGLADESH - Statement of Financial Activities for the year ended 31 December 2024** 

## **KHAN FOUNDATION BANGLADESH Income and Expenditure Account for the year ended 31 December 2024 as required by the Companies Act 2006** 

|**_Income_**<br>Income from operations<br>Investment income<br>**Gross income in the year before exceptional items**<br>**Gross income in the year including exceptional items**<br>**_Expenditure_**<br>Charitable expenditure, excluding depreciation and amortisation<br>Realised losses on disposals of social investments which are programme related<br>**Total expenditure in the year**<br>**Net income before tax in the financial year**<br>Tax on surplus on ordinary activities<br>**Net income after tax in the financial year**<br>**Retained surplus for the financial year**<br>All activities derive from continuing operations|**£**<br>24,825.66<br>24,716.95<br>-<br>**24,716.95**<br>**565.71**<br>-<br>**24,825.66**<br>**24,825.66**<br>**565.71**<br>**565.71**|
|---|---|



In accordance with the provisions of the Companies Act 2006, the headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the charity's activities. 

**The notes attached on pages 11 to 17 form an integral part of these accounts.** 

9 



## **KHAN FOUNDATION BANGLADESH - Balance Sheet as at** 

|**Current assets**<br>Cash at bank and in hand<br>**Net current assets**<br>**The total net assets of the charity**|**SORP**<br>**Note Ref**<br>**2024**<br>**£**<br>B<br>B4                                        565.71<br>565.71<br>**565.71**|
|---|---|



**The total net assets of the charity are funded by the funds of the charity, as follows: -** 

## **Restricted funds** 


**----- Start of picture text -----**<br>
-<br>Unrestricted Funds<br>Unrestricted Revenue Funds           565.71<br>565.71<br>Designated Funds<br>-<br>565.71<br>Total charity funds<br>**----- End of picture text -----**<br>


The 'SORP Ref' indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA. 

The Trustees acknowledge their responsibilities for complying with the requirements of charity legislation with respect to accounting records and the preparation of accounts. 

The Trustees are satisfied that, although the charity is not registered under the Companies Acts, if it were so registered, it would be eligible to prepare accounts in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies’ regime. 

## **MR SHAHID KHAN** 

Trustee Approved by the board of trustees on 30[th] October 2025 

**The notes attached on pages 11 to 17 form an integral part of these accounts.** 

## **1 Accounting policies** 

_**Policies relating to the production of the accounts.**_ 

10 



## **KHAN FOUNDATION BANGLADESH** 

## **Notes to the Accounts for the year ended 31 December 2024** 

## **Basis of preparation and accounting convention** 

The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities)  2019, applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities)  2019, applicable to all accounting periods beginning on or after 1st January 2019), (The SORP),  in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice. 

## **Going Concern** 

The charitable activities are entirely dependent on continuing grant aid and voluntary donations as well as trading revenues. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams. Accordingly, the Trustees have obtained forecasts and, after reviewing the financial forecasts for future periods to **31 December 2025** , the Trustees are satisfied that, at the time of approving the financial statements, it is appropriate to adopt the going concern basis in preparing the financial statements. Other than these matters, the Trustees are not aware of any material uncertainties about the charity's ability to continue as a going concern. 

## **Risks and future assumptions** 

The charity is a public benefit entity. 

There is no immediate financial concern for the charity as things stand, however there is always the risk, as for any charity, that the level of donations reducing due the current and forecasted financial climate. This is more of a high risk for Khan Foundation Bangladesh as we currently rely 100% on donations. 

## _**Policies relating to categories of income and income recognition.**_ 

## **Nature of income** 

Gross income represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. 

## **Categories of Income** 

Income is categorised as income from exchange transactions (contract income) and income from nonexchange transactions (gifts), investment income and other income. 

**Income from exchange transactions** is received by the charity for goods or services supplied under contract or where entitlement is subject to fulfilling performance related conditions. The income the charity receives is approximately equal in value to the goods or services supplied by the charity to the purchaser. 

**Income from a non-exchange transaction** is where the charity receives value from the donor without providing equal value in exchange, and includes donations of money, goods and services freely given without giving equal value in exchange. 

## **Income recognition** 

Income, whether from exchange or non-exchange transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity’s assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be measured reliably. 

11 



## **KHAN FOUNDATION BANGLADESH** 

## **Notes to the Accounts for the year ended 31 December 2024** 

Dividends are accrued when the shareholder’s right to receive payment is established. 

Income subject to terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met. 

All income is accounted for gross, before deducting any related fees or costs. 

## _**Policies relating to expenditure on goods and services provided to the charity.**_ 

## **Allocating costs to activities** 

Direct costs that are specifically related to an activity are allocated to that activity. Shared direct costs and support costs are apportioned between activities. 

The basis for apportionment, which is consistently applied, and proportionate to the circumstances, is: 

**Staffing** - on the basis of time spent in connection with any particular activity. 

**Staffing** - on a per capita basis, based on the number of people employed within any particular activity. **Premises related costs** - on the proportion of floor area occupied by a particular activity. 

**Non-specific support costs** - on the basis of the usage of resources, in terms of time taken, capacity used, request made or other measures 

**Estimation techniques** used in apportioning costs - give details 

## _**Policies relating to assets, liabilities and provisions and other matters.**_ 

## **Fixed Asset Investments** 

Fixed asset investments in quoted shares, traded bonds, investment properties and similar investments are shown initially at cost upon acquisition and at their market value at the balance sheet date at the end of the financial period. Investment properties are not depreciated. 

Fixed asset investments in unlisted equities are shown at the balance sheet date at the best estimate of their market value, where practicable. Where valuation techniques are considered unreliable or where, in the opinion of the trustees, the costs outweigh the benefits to the users of the accounts, the investment is included at cost, and a review is undertaken at each year end as to whether the asset should be written down. 

All gains on fixed asset investments, whether realised or unrealised, are included in row B4 of the 

Statement of Financial Activities. 

## **Fund Accounting** 

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. 

There are no endowment funds. 

## **2 Liability to taxation** 

The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 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 on the specific charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities. 

12 



## **KHAN FOUNDATION BANGLADESH** 

## **Notes to the Accounts for the year ended 31 December 2024** 

## **3 Winding up or dissolution of the charity** 

If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity. 

## **4 Significance of financial instruments to the charity's position** 

Financial instruments, such as cash reserves, donations held in bank accounts, are vital to the charity’s stability and ability to deliver its objectives. They ensure liquidity for day-to-day operations, provide security for future projects, and allow the charity to respond quickly to urgent community needs. Proper management of these instruments underpins accountability, safeguards donor trust, and strengthens the charity’s long-term financial resilience. 

No employees received emoluments (excluding pension costs) in excess of £60,000 per annum. **5** 

## **Remuneration and payments to Trustees and persons connected with them** 

No trustees or persons connected with them received any remuneration from the charity, or any related entity. 

|**6 Income and Expenditure account summary**<br>**At 1 January 2024**<br>Surplus after tax for the year<br>**At 31st December 2024**|**2024**<br>**£**<br>-<br>457|
|---|---|
||**565.71**|



## **7 Particulars of how particular funds are represented by assets and liabilities** 

|**At 31 December 2024**<br>Current Assets<br>**At 1 January 2024**|**Unrestricted**<br>**Designated**<br>**funds**<br>**funds**<br>**£**<br>**£**<br>565.71|**Unrestricted**<br>**Designated**<br>**funds**<br>**funds**<br>**£**<br>**£**<br>565.71|**Unrestricted**<br>**Designated**<br>**funds**<br>**funds**<br>**£**<br>**£**<br>565.71|**Unrestricted**<br>**Designated**<br>**funds**<br>**funds**<br>**£**<br>**£**<br>565.71|**Restricted**<br>**funds**<br>**£**<br>-|
|---|---|---|---|---|---|
||**565.71**|||**-**|**-**|
||**Unrestricted**<br>**funds**<br>**£**|||**Designated**<br>**funds**<br>**£**|**Restricted**<br>**funds**<br>**£**|
|||**-**<br>**457**||**-**|**-**|



## **8 Change in total funds over the year as shown in Note 7 , analysed by individual funds** 

|**Funds brought**|**Movement in**|
|---|---|
|**Transfers forward from**|**funds in 2024**|
||**between**|
|**2023**|**funds in 2024**|
|**See Note 9**|**See Note 0**|



13 



**£** 

**£** 

**£** 

## **KHAN FOUNDATION BANGLADESH** 

## **Notes to the Accounts for the year ended 31 December 2024** 

|**_Unrestricted and designated funds:_**<br>Unrestricted Revenue Funds<br>**Total unrestricted and designated funds**|**-**|**565.**<br>~~**71**~~|**-**|
|---|---|---|---|
|||||
||**-**|**565.**<br>|**-**|
||-|565.71<br>**-**<br>~~**71**~~||



## **Total charity funds** 

## **9 Analysis of movements in funds over the year as shown in Note 8** 

|**_Unrestricted and designated funds: -_**<br>Unrestricted Revenue Funds|**Other**<br>**Income**<br>**Expenditure**<br>**Gains &**<br>**Losses**<br>**2024**<br>**2024**<br>**2024**<br>**£**<br>**£**<br>**£**<br>24,825.66<br>(24,716.95)<br>-|**Other**<br>**Income**<br>**Expenditure**<br>**Gains &**<br>**Losses**<br>**2024**<br>**2024**<br>**2024**<br>**£**<br>**£**<br>**£**<br>24,825.66<br>(24,716.95)<br>-|**Other**<br>**Income**<br>**Expenditure**<br>**Gains &**<br>**Losses**<br>**2024**<br>**2024**<br>**2024**<br>**£**<br>**£**<br>**£**<br>24,825.66<br>(24,716.95)<br>-|
|---|---|---|---|
||**24,825.66**|**(24,716.9**|**5**<br>**-**|
|||**)**||



Gains and losses are detailed in notes 0,0, 0, 0 and 0 

## **10 The purposes for which the funds as** 

_**Unrestricted and designated funds: -**_ 

Unrestricted Revenue Funds 

These funds are held for the meeting the objectives of the charity, and to provide reserves for future activities, and, subject to charity legislation, are free from all restrictions on their use. 

## **11 Ultimate controlling party** 

The charity is under the control of its legal members. 

Every member of the charity has unlimited joint and several liability for the debts of the charity. 

14 



## **KHAN FOUNDATION BANGLADESH** 

**Detailed analysis of income and expenditure for the year ended 31 December 2024 as required by the SORP 2015** 

_**This analysis is classified by conventional nominal descriptions and not by activity.**_ 

|**12**<br>**Donations, Grants and Legacies**<br>**Donations and gifts from individuals**<br>**Total donations and gifts from individuals**|**Current year**<br>**Unrestricted**<br>**Funds**<br>**2024**<br>**£**<br>24,825.66|**Current year**<br>**Restricted**<br>**Funds**<br>**2024**<br>**£**<br> <br>-<br>**-**|**Current year**<br>**Total Funds**<br>**2024**<br>**£**<br>24,825.66<br>24,825.66|
|---|---|---|---|
||24,825.66|||



## **Total Donations, Grants and Legacies** 

**Total Donations, Grants and** 

|**oa onaons, rans an**<br>**A1**<br>**Legacies**<br>**13Expenditure on charitable activities - Direct spending**<br>**_Current Year_**<br>Cost of provision of food packs<br>Cash distributions<br>Blankets distribution<br>Tube well installation<br>Ambulance project<br>Medical assistance<br>House project<br>Miscellaneous items<br>862<br>**Current year**<br>**Current year**<br>**Unrestricted**<br>**Funds**<br>**Restricted**<br>**Funds**<br>**2024**<br>**2024**<br>**£**<br>**£**<br>8,184.66<br>-<br>6,834<br>-<br>1,887<br>-<br>1,450<br>-<br>2,500<br>-<br>358<br>-<br>2,750<br>-<br>24,825.66<br>**-**|862<br>**Current**<br>**year**<br>**Total Funds**<br>**2024**<br>**£**<br>8,184.66<br>6,834<br>1.887<br>1,450<br>2,500<br>358<br>2,750<br>24,825.66|
|---|---|



15 



## **KHAN FOUNDATION BANGLADESH** 

**Detailed analysis of income and expenditure for the year ended 31 December 2024 as required by the SORP 2015** 

|**Total direct spending**<br>**B2a**<br>**14 Total Charitable expenditure**<br>**_Current Year_**<br>Total direct spending<br>**B2a**<br>**Total charitable expenditure**<br>**B2**||**24,716.95**|
|---|---|---|
|||**24,716.9**|
||||



16 



## **KHAN FOUNDATION BANGLADESH** 

**Activity analysis of Income and expenditure for the for the year ended 31 December 2024** _**This analysis is classified by activity and not by conventional nominal descriptions.**_ 

## **15 Analysis of income by activity** 

|**Analysis of income by activity**|||
|---|---|---|
||**SOFA ref**|**2024**|
|||**£**|
|**Activity**|||
|**_Summary of Total Income, including the items above_**|||
|||24,825.66|
|Donations & Legacies|**A1**||
|**_Categories of income_**||24,825.66|
|Income from exchange transactions|||



## **16 Analysis of charitable expenditure by activity** 

## **Activity** 

|**Summary of charitable costs by activity**<br>**Direct**<br>**costs**<br>**2024**<br>**£**<br>**A1. Expenditure on charitable**<br>**activities directly attributable to**<br>**activities**<br>**Total charitable expenditure**<br>**-**|**Support**<br>**costs**<br>**2023**<br>**£**<br>**-**|**Grant**<br>**funding of**<br>**activities**<br>**2023**<br>**£**<br>**-**|**Total**<br>**2024**<br>**£**<br>24,716.95<br>**24,716.95**|
|---|---|---|---|



The basis of allocation of costs between activities is described under accounting policies 

The breakdown of this expenditure by type of spending (ie nominal classification) is detailed in note 14 

17 

