CHARrri REGISTRATION NUMBER: 1187494 The Khallq Foundatlon Unaudited Flnancial Statements 30 November 2024 Chartered Accountant & Statutory Audltors Brulimar House Jubilee Rd Mlddl8lon Manchester M24 2LX
The Khallq Foundatlon Flnanclal Statements Year ended 30 November 2024 Page Trustees, annual report Stat&ment of financlal actlvlJes Statement of flnanual positlon Notes to the flnancial statements
Th8 Khallq Foundatlon Tru8tees' Annual Report Year ended 30 November 2024 Th8 Imslees present thglr report and the unauclltod financld statemenls of the charlty for the ygar ended ?0 Novembgr 2024. R8thnce and admlnl•trntlv• detsll8 R•gl•tgred chaFIty namo Crtty regl8tratlon numbor The lQJallq Foultion 1197494 PrIncI offlco Atrlum House 574 Manchester Road Bury BL9 9SW Th8 ITt06• Shahid fla1 Chrf8llne Sharp106 Accountant* G A Harris & Co Ltmited Chartered Accountant & Statukny ALdliors Brulimar House JUlee Rd Mddletn Manchester M24 2LX 8tructurn, govomanee and manftoemont Tho charity is an unincorporat&l as80clallon #nd Is govemed by ils constltutlon. The Iru51e8s are respons18 for the ovorll governance rategIC élrectlon ol the charity and 8nsure that (t operates in accordance wth its charitable oblects. ObJoctl¥e• and a1VIo• The objth ol th8 ¢harlty are the rellef of Ilnancial hth8hip amongst peorle In Groalor Manchester and tho 8UTroundlno area In such ways as tho truste98 from tim8 to lime thlnk lil. in particular, t1 not exclusively, by providing gmergency food, esse tollstrbs, and household Item8 to indiwdual$ and families In nwj artlor for dlslrfbutlon by charitles or other organlsamons worn9 lo prevent or relleve povety Achlevwnonts, portorni•n ind pl•n• for futur• perlod• The charity has not undertaken any tradlng actiwlies durlro the year and 18 currently awdllng the oponing of a bank account which is expected to lake F4aee before CommeInG actlwty.
The Khallq Foundatlon Trustees. Annual Report (ooftUThdJ Year ended 30 November 2024 Flnonclal revlow During the year the charfly dld not undertako any trading activltles ar 19 &WlIng thè ownina of its bank account before commancing aclfvlty. As a r8suII. Ihwe ha8 been no material finanoal aCtIty lo report for the pgrlod. Despite thls, the trust89s are ¢orfidoni that once tha bank accountls In place, the haiity will be well posliion&J to meet Its Staled thKtlves of rell8virKJ flnandal hardship Sn Qraatsr Manchester and the surrounding area. As the chaty has not yel comm8n¢ed trading, Tt currently holds no rogerve8. The tru8ts88 IntsrKI to establish a roserves policy ance Income Is r8cèiv8d The $t08. annuaf rgport wa5 approved on 30 Sept8mbor 2025 arKI 81gned on beht of the bJard of truslges by.. Shahlé Rasul Trustee
The Khallq Foundation Statement of Flnancial Actlvltles Year ended 30 Novernber 2024 2024 Totai fund• Total Income Total 8xpendlturo Net Ineomè Reeonclllatlon of fund8 Total funds brought tOd Totsl funds carrfod fornTard Th• not•• on pag• 5 lorm rt01 th•M fInancI •tat•m•nts.
Th8 Khallq .=oundatlon Statement ol Flnanclal Posltlon 30 Nov•mbgr 2024 2024 Notg Thgse linanclal stat8m9nls were approvod by the board ol tru81888 and &ulhorised lor Is8ue on 30 September 2025, and are signèd tsn behalf cl the board by.. Shahid RasLtrI TruÈlee Th• nol•8 on w• 5 lorni p•rt ol th•M finwl•l gt•t•rn•rrt•.
The Khallq Foundatlon Not6s to the Flnancl81 Statementg Year ended 30 November 2024 Gen8rn1 Infomi8tlon The charily Is a pUtlC È•n8111 enJly and a r&aist8r8d charty In England arKI w9$ and 18 unlnCorporat. The addre88 of tho prirKipd office 18 ATRIUM HOUSE, 574 MANCHESTER ROAD. BURY. BL9 9SW. Stalgm¢nt of Compllonce These Ilnanclal $ioloments have been pr8pared in cOmlance wilh FRS 102, 'The Flnaneiat Fleporting Standard apF41cab18 In tho UK th8 Flepubllc of Ireland,, the SIeMent ol R8commend&d Practice applicaEY¢ to charittes prepa.n1 thoir accounts In accordance wlh th Financiaf Reporting Standard 8pplicaEI8 In the UK and Republ d Ireland IFRS 1021 Icharitlès SORP IFRS 10211 anLI the Chwltte6 AGt 2Q11. Accountlno polld•• Ba•1• of proparatk•n Tho flnanclal 8tstem8nls hav8 Ixen pryr on the hlslorScal cost basls. as modified by tho revaluatlon of certaln financial assets Ilablllties ar investment properties measured al Idr value through income or eyndlture. The Ilnancld sialaments are prepar&J in sterflng. whlch18 Iho fUnGonal currency of the enty. Golng concwn Tho tru8lee8 are satlxlled that the chartty has suffid8nt support and plans in Face lo ¢ondnue until actlwti6s romrnence Slatement of flmnelal •ctMtI Judgement• and k8y •oUr8 01 o•tlmatlon unc•rtolnty Th8 preparallon Qf tho flnanclal 81al8m8nls dld not requlre the trustee8 lo make any 8lonificant judgemonls, estimate8, or assumptions. Staff ¢08te The averaa8 h8ad count of employees durlng the year was Nil. No employee recefved employee bgngfits of more than £60,0 durfng the year {2023'. NIII. Trustee remun&rallon and •xp•n•e• No remunerat or other beneflis from emthment wlth the charlty or a related enfjty were reco1v by the trustee8.