Registered Charity Numb•r'. 1197913 Company number: CE028333 BABUL ILM FOUNDATION UK (Charitable Incorporated Organisation) Report and Financial Statements For The Year Ended 31 January 2024 BABUL ILM FOUNDATION UK FOR THE YEAR ENDED 31 JANUARY 2024 CONTENTS OF THE ACCOUNTS Page Company Infomiation Report of the Trustees Independent Examiners. Report Statement of Finanaal Activities 10 Balanc8 Sheet Notes lo the Financial Statements BABUL ILM FOUNDATION UK FOR THE YEAR ENDED 31 JANUARY2024 COMPANY INFORMATION Trustees Mohamed Akbar Ali (Chairman) Munawar Hassan Syed Jaffri Company number CE028333 Registered charity number 1197913 Prlncipal and ￿giStered office 19 Mad Field Close Worcester Park Surrey r4 7NZ Accountants Akber & Co 451 Moseley Road Birmingham, B12 9BX Bankers Barclays 2 Churchill Palace, London, E14 5HP BABUL ILM FOUNDATION UK FOR THE YEAR ENDED 31 JANUARY 2024 TRUSTEES. REPORT ICONTINUEDI TRUSTEES, REPORT IntrodU￿10n Babulilm Foundation UK was registered with the Charity cC￿MiSsion on 14 February 2022 as a Charitable Incorporated Organisation (CIO) It was founded and at present managed by the three trustees. Moharned Akbar Ali (Chaim￿n), Dr Munaw8r Hassan (Wice Chairman) and Syed Ali Jaffri (Joint Secretaryrrreasurer}.The charity provides support in the fields of social relief, school and housing reconstnJction, provision of clean water and basic necessities. Objectlvos The objects of the CIO are.. a) the relief of financial hardship, either generally or individually, of people living in Pakistan, Iraq, and the UK, by making grants of money for providing or paying for items or services b) to advance education, primartty. but not exclusively Tor the benefit of the poor and those in need. by means of making grants of moneyto fund educational activities and facilities in Pakistsn. Iraq. and the UK. ststement of Trustees, Responsibilities The Trustees are responsible for preparing the Trustees, report and Ihe financial statements in accordance with the applicable law and United Kingdom's accounting standards. The law is applicable to charities in England and Wales and requires the charity trustees to prepare financial statements for each year, which gives a true and fair view of affairs of the charity and of incoming resour￿ and application of resoUr￿S of the charity for that period. In preparing financial statements, the trustees are required to: 1. Select Suitable A￿UntIng Policies and apply them consistently. 2. Observe the methods and principles in the Charities Statement of Recommended Practi￿. 3. Make judgmenls and estimates that are reasonabk and prudent. 4. Stale whether applicable accounting standards have been followed. subject to any material departures disclosed and explained in the financial statements. 5. Prepare the financial Statements on the going COn￿M basis unless it's inappropriate to presume that the charity will continue in business The trustees are responsible for keeping proper acwunting records and disclose, wtth reasonabl8 accuracy. the financial position ofthe charty and ensure that the financial ststements compty wilh the Charities Act 2011. the Charity {Accounts and Repottsl regulations 2008 and the provisions of the Constitution. BABUL ILM FOUNDATION UK FOR THE YEAR ENDED 31 JANUARY2024 TRUSTEES, REPORT (CONTINUED) TRUSTEES. REPORT (CONTINUED) Rlsk Management At Babulilm Foundation UK we are committed to operating ￿SpOnsiblY and effectively, ensuring the pwdenl management of risks that may impacl our mission, stakehoklers, and operatKJns. Our risk management approach is integral to our governan￿ structure 8nd is designed to identify, assess, and mitigate potential ihreats while maximizing opportunities. We have established a robust risk management framework that aligns With besl practices and regulatory requirements. This framework encompasses a systemalic prO￿$S for identifying, assessing, prioriti￿ng, and managing risks across all facets of our charitys activities. Throughout the reporting period, we have diligenty assessed the various risks that could affect our organization. These include. but are not limrled to. finanaal Un￿rtaInties. operational challenges. regulatory changes, and reputational concems. Each risk has been evaluated based on its potential impact and likelih¢Jod. allowing us to focus our resources on addressing the most significanl threats. In response to identified risks, we have implemented tsrgeted mitigation strategies. These strategies involve proactive measures to redLFce the likelihood and impact of potenttal adverse events. We continuously monitor the effectNeness of these strategies and make adjustments as needed lo adapt to evolving circ#Jmstsnces. Our o)mmitment to transparency is refiectéd in ¢Jur ongoing monitoring and reporting practices. Regular assessments of risks are conducted, and our Board of Tnjstees is kept infomied through comprehensive reports. This ensures that our stakehoklers ar8 aware of the risk landscape and the measures we are tsking to manage it. We are committed to upholding the highest standards of legal and regulatory t￿mplIanCe. Our risk management practices are designed to ensure that we operate wthin the bounds of applicable laws, regulalions, and ethical principles, safeguarding the trust and confidence of our supporters and beneficiaries. Looking ahead. we remain ded￿ated to continuous improvement in our risk management processes. Our future plans inclLth refining our risk identrfication mechanisms, further engaging stskeholders in the risk management dialogue, and staying vigilant to emerging risks wthin the sector. Babulilm Foundation UK takes a proactive and cornprehensNe approach to risk managemenl. By fostering a culture of awareness and accountability, w6 strive to safeguard the interests of our stakeholders and fulfil our charilable objectives. We remain commttted to transparency and open communication as we navigate the dynamic L4ndscape in which we operate. BABUL ILM FOUNDATION UK FOR THE YEAR ENDED 31 JANUARY 2024 TRUSTEES, REPORT ICONTINUEDI TRUSTEES. REPORT (CONTINUED) Volunteer En ement and Contribution Al Babulilm Foundation UK, our mission is underpinned by the invaluable conlributions of our dedicated volunteers. Their unwavering commitment and selfless efforts play a pivotsl role in the success of our charitable endeavors. In this annual report, we take the opportunity to celebrate and acknowledge the vital role that volunteers have played in advancing our cause. Our volunleers are the heartbeat of our organization. embcwtying the spirit of community and altruism. Their passion for our mission fuels our initiatives and extends the reach of our impact. Our volunteer community is a rich tapestry of individua15 from diverse backgrounds, bringing a wide array of skills, experien￿, and perspectives. From event coordination to fundraising, program support. and administrative tasks. our volunteers generously CL)ntribute their time and talents, collectively strengthening the fabric of our organtzation. We extend our deepest gratitude to each and every volunteer who has generously given their time and talents. Our volunteers are notjusl supporters- they arè integral members ofthe Babulilm Foundation UK family. We are immensely proud oftheir contribulions and the positNe impact they have on the lives of those w6 serve. Our commitment to volunteerism goes beyond ￿rnple ackno1￿edgment. We are dedicated to creating an enriching and supportive environment for our volunteers. This includes on90ing training opportunities. clear ojmmunicats'on channels. and efforts to recognrze and cèlebrate their achievements. Babulilm Foundation UK recogntzes and ￿lebrateS the extraordinary contribulions of our volunteers. Their selfless dedication is an inspiration, and we look fofward to continuing this joumey together as we strive to create posttive and lasting change in our community. Finance Review In the fiscal year ending 31st January 2024. Babulilm Foundation UK has continued its commitment to Helping the Forgotten. This financial review provides stakeholders wth a comprehensive overview of our organization's dedication to responsible stewardship of resources. Our diverse income streams were sourced from General Donations, Grants. Fundraising Events and using online fundraising plaffoms like mysadaqa and PayPal. We have a reseNes policy to ensure long-temi sustainability of our organization which aligns with our strategic financial planning to mitigate Unfo￿Seen challenges and support future initiatives. TRUSTEES. REPORT (CONTINUED) BABUL ILM FOUNDATION UK FOR THE YEAR ENDED 31 JANUARY 2024 TRU5TEES' REPORT ICONTINUEOI We adhere to all regulatory requirements, and our govemance structure remains robust. The Babulilm Foundation UK Twstees oversee financi81 matters wtth diligence. ensuring acGountabilty and transparency. Our team continued to V￿rk tirelvssly and passionately to adapt and ensure continued service delivery. Our financial statements, independently verified by Akber and Co A¢¢ounlants Lld. Are available for review in the arxompanying Annual Report. The accountant's réport attests to the fairness and accuracy of these financial statements. We express our gratitude to our supporters. pathers. and stakeholders for their unwavering Commitment to Babulilm Foundation UK. Your trusl empowers us to make a meaningful impact. We plan to continue the Ilood rel￿f efforts in Pakistan by getting waler hand pumps inslalled. supply of food parcels, rebuild more homes and communty ￿nter$. Any fund received for Babulilm School in Najaf will be used towards building extension to the school premises Flood Relief Babulilm Foundalion UK was the firsi charity to undert8ke a major rehabilitation programme in the region and provtded many villagers with blankels. wami dothing. fo0￿ear. food parcels and mosquito nets. The need for these èssentid items was very important and definitely a blessing for the people that received them. Housin Pro The devastating floods of June 2022 destroyed communÈties all over Pakislan. Thousands lost their live. counlless were injured. most of the livestcck drowned and Ihe livelihood structure of families (mostly poor fami labourers) was totally paralysed. A good proportion of the country was under water for months. Babulilm Foundation UK'S work is concentrated in the Sindh region of Pakistan which fared the worst of the floods with almost 40% of the land mass under water The mud huts were simply washed away leaving the people lo find shetter under trees-few lucky ones were given tents. We buift 14 feet x 14 feet. weatherproof brick homes with a reinfor(£d roof. Each house will also have solar lighting and an outside loilet. The cost per home was on 8verage £700. There is so much work lo rehouse these forgotten communities where. in some cases, you have to fery supplies on donkey backs or wade through waterlogged familand to reach theml With the continued support and generosity from our donors we have built over 250 homes. Our house building programme will continue until financial help stops coming... TRUSTEES. REPORT (CONTINUED) BABUL ILM FOUNDATION UK FOR THE YEAR ENDED 31 JANUARY 2024 TRUSTEES, REPORT ICONTINUEDI Water Pro ect Water pumps are not new to some ofthe villages in Sindh. Pakistan. However, following the major Iloods of 2022, the stagnant floc(I water in most areas eventually sank underground. This polluted water contaminated the existing dean water supply underground that fed the hand pumps. Our project, which is in full wng, is to supply clean water by sinking a new water pipe considerably deeper to seek out uncontaminated water further down. The installation of water pump wells in as many flood4amaged villages is vital to ensure dean water for drinking, cooking, washing, etc. A new supply of clean water will play a major role in reducing. limiling or eradicating many waterborne diseases among these very poor communities in Sindh. Pakistan. From our charity funds, we have successfulty installed over 470 water pumps. providing clean refreshing water. Water Coolers Iraq attracts more than 2.5 million people a year. the scorching sun and externsive heat POS8 a major risk to health. Dehydralion being one of the most common reasons for hospitalization. Wé therefore launched a campaign to supply clean drinking water to the areas that most needed it. After careful evaluation and research we decided that densety populated areas with a high footfall should be targeted first. We then condensed our area and chosé the city of Karbala and provided 100 Clean dTinking water coolers. Food Pro ect In Sindh. Pakistan, fo¢)d insecuiity remains a pressing issue due to a combination of factors, including povety. natural disasters. and economic instability- Many families slruggle to access sufficient and nutritious food, leading to malnutrtknon and health challenges, particulady among children and vulnerable populations. Babulilm has stepped in to address this urgent need by donating food parcels to Ihose affected by hunger. Each parcel ojntains essential staples like rTrce. flour, lentils, and ￿Qking oil, providing vital nourishment to families in crisis. This inibative not only alleviates immediate hunger but also fosters community resilience. helping individuals regain their strength and stability. By supporting those in need. Babulilm is making a signtficant impact in the fight against food insecurity in Sindh. School Pro'ect We carried out some improvements to Babulilm School Najaf. our first project that will always remain dear lo us. A few changes such as fresh paint. banners, trees class room wall designs etc. were implemented as a part of making the educational facilty look better and feel better for its students. Outlook for 2024 'Babulilm Foundation UK was set up to help those in need and espacialty the f￿gotten ones. We do not discriminale as lo who gets our help whatever their belief, cast or sact. However, we prioritise our support to the WKJows, orphans, the disabled and the elderfy. Anybody who is in need, we are there foryou." We plan to continue the flood relEf efforts in Pakistan by getting w*er hand pumps installed, TRUSTEES. REPORT (CONTINUED) supply of food parcels, rebuilding more homes. Aso to provide more dean drinking water in specific areas in Iraq. Any fund received for Babulilm School in Najaf will be used towards building extension lo existing buildings. We are also considering request to raise funds to supply toys for BABUL ILM FOUNDATION UK FOR THE YEAR ENDED 31 JANUARY 2024 TRUSTEES. REPORT ICONTINUEDI disabled children in the UK. Furthemiore we plan on arranging group wèddings for tha less fortunate couples ready for marriage in Pakistan and work towards constructing community centers. 'This charity exemplifies professionalism and ded￿tIOn to humanitarian causes across the globe. Their comrnilment to ensuring that every donation reaches those in need is truly commendable. l am proud to support Babulilm Foundation UK." Dr Fayaz Hasham (MD MRCGP Msc BPh9￿n HONS GPhC) "Babulilm Foundation UK truly delivers what il says - to help the most vulnerab18 and needy groups in society. The projects are well researched and sustainable with much transparency in their work. I look fomard to supporting Babulilm in flrture projects knowing they deliver as promised!. Mrs. Shabnam Sabur (UK) BABUL ILM FOUNDATION UK FOR THE YEAR ENDED 31 JANUARY 2024 TRUSTEES, REPORT ICONTINUEDI TRUSTEES. REPORT (CONTINUED) ReferenrA and administrative Details England and Wales Charity Number. 1197913 Company Number.. CE028333 Registered Office.. 19 Mart Field CkJ$e Worcester Park Surrey KT4 7NZ Acccmjntants Akber & Co 451 Moseley Road Birmingham. B129BX Bankers Barclays 2 Churchill Palace. London. E14 5HP BABUL ILM FOUNDATION UK FOR THE YEAR ENDED 31 JANUARY 2024 TRUSTEES, REPORT (CONTINUED) INDEPENDENT EXAMINER S. REPORT TO THE TRUSTEES OF BABUL ILM FOUNDATION UK I report on the accounts for the year ended 31 January 2024 set OLrt on pages ten to seventeen. Respective responsibilities of trustees and examiner The charivs truslees are responsible for the preparation of the accounts. The charity's trustees nsider that an audit is not required for this year {ur)der SectK)n 14412) of the Charities Act 2011 (the 2011 Acl)) and that an independent examination is required. It is my responsibility to- examine the accounts under Se¢lion 145 of the 2011 Act to follow the procedures laid down in the General Directions given by the Charity Commission {under Section 145(51(b} of thé 2011 Acl).. and to stale whethw particuLgr matters have ￿me to my attention. Basls of the independent examinerfs report My examination was carried out in accordance wth the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideralion of any unusu81 items or disclosures in the accxjunts, and seeking explanations from you as trustees concerning any such matters. The prO￿lUreS undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view ' and the report is limited to those matters set out in the statements below. Independent examinerfs ststement In connection wilh my examination. no matter has come to my attention: (1) which gives me reasonable cause to believe that. in any material respect, the requirements to keep accounting records in accordan￿ with Section 130 of the 2011 Act,. and to p￿pare accounts which accord wtth Ihe accounting records and to comply with the accounting requirements of the 2011 Act have not been met., or (2> to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Akber & Co 451 Moseley Road Birmingham. B12 9BX BABUL ILM FOUNDATION UK FOR THE YEAR ENDED 31 JANUARY 2024 TRUSTEES, REPORT ICONTINUEDI STATEMENT OF FINANCIAL ACTivrriES Notes Unrestricted Funds 2024 Total 2023 Total Income Donations Donations and grants Total in¢ome 301.583 301,583 301.583 301.583 230,143 230.143 Expenditure Expenditure on charitable activities Total expenditure 237,671 237.671 95,920 237,671 237,671 95,920 Net movement in fvnds 63,911 63,911 134,223 Total funds brought forward at 1st February 2023 Total funds carried forward at 31 January 2024 134.223 134.223 134,223 198,135 198,135 134,223 io BABUL ILM FOUNDATION UK FOR THE YEAR ENDED 31 JANUARY 2024 TRUSTEES. ￿poRT IcoKnNUEDI BALANCE SHEEr 2024 2023 Tart9￿￿ assets Cash at t￿nk •KI in harKI 199.93S 135.423 199.935 (1.8 135.423 (1200) 198.135 134.2Y3 Tolal funds Mohammed Akb8rAtI li BABUL ILM FOUNDATION UK FOR THE YEAR ENDED 31 JANUARY 2024 TRUSTEES, REPORT ICONTINUEDI NOTES TO THE FINANCIAL STATEMENTS 1. Accounting policies The principal accounting policies adopted. judgements and key sources of estimation un(£rtalnty in the preparatK)n of the financial statements are as folbws: Company Infomiation The Charity is Charitable inwrporated organisation. The Charity is regist8r8d in Engbnd and Woles with the Charity Commission. The registered 1$ 19 Field Ctose Worcester Park Surrey KT4 7NZ. If upon windiryJ up or dissolution of the chartty there remain any assets. after satisfying all debts and liabilities, the assets representeij by the accumulated fund shall be transferred to some other charitable body or b¢)dies having objeth.ves simiLer to the Charity. 1.1. Accountlng convention The financial statements have been prepared on a going cA)ncem basis in aceordanee with Accounting and Reporting by Charities= Statemant of Re¢ommended Practice applicable lo charf(ies preparing Ihelr accounts in accordan¢e wth the Financtal Reporting Standard applicable in the UK {FRS102) leffeolive 1 April 2015) I'charilies SORP IFRS102}'). the Financial Reporting Stsndard applicable in th6 UK (FRS 102), the Companies Act 2006 and the Charities Acl 2011. Babulilm Foundation UK meets th6 definition of a public benefft entity under FRS 102. Assets and liabilities are inthally recc4Jnised at o)st or transaction value unless otherwise stated in the relevant accounting policy notes. On the grounds that the charity comes under the rjefinition of small ch8rities the charitable company has lak8n advantage of certain exempt¥)ns ¢x)nferred by sectM)n 1.11 of FRS102 as follows.. Exemption from disclosing the carying amounts of e3th ¢8teg0ry of financial assets and financial liabilities at the reporting dale as required by section 11.41 of FRS 102. Exemption from presenting a eharitable company statement of tash as a primary sL*ement lo th8 rinancial slalernenls. 1.2. Going concern The Trustees have at the time of approving the financial ststements a reasonable expectation that the charity has adequate resources to continue in operational exislence for the foreseeable future. In addition, the Twslees have rrf) intention to wind the company up in the foreseeable future. It is considered that the are currendy no material uncertairbties whtth imp8Ct on tr)e charity being able lo continue in its c￿rrent fomi. Thus the Trustees continue to adopt the goin9 co￿eM basis of accounting in preparing th8 financial ststem8nts. 1.3. Income Income is recognised when the charity has entitlement lo the funds. any perfomiance wnditions attaching to the ilemlsl have been met. il is pmbable that the incorfte wrill be received and the amount can be measured reliabty. Income from grants is recognised when the charity has entitlement to the funds, any perfom)ance conditions have been meL it is probable that the income will be receiv8d and the amount can be measured reliably. Where grant incxjme has been re￿Ive(l, but the charity has not matched the conditions lo become entitled to the income. an income deferr￿ is made. 12 BABUL ILM FOUNDATION UK FOR THE YEAR ENDED 31 JANUARY 2024 TRUSTEES, REPORT (CONTINUED} NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) Investment Income Interest on funds held on deposit is included when receÉvable and the amunl can be measured reliably by the charity,. this normally upon notsficatB)n of interest paid or payable by the Bank. Rents from letting of charity hall are include(1 when they are receNable by the charity. 1.4. Fund accounting Unrestricted funds are funds whith 8re availab￿ for use at the discrètion of the Trustees in furtherancA of the general objectives of the Charity and which have not been d&sHJnated for ¢)ther purposes. Restricted funds are funds which 8re lo be used ￿ accordance with specffic restrictions imposed by donors or which have been raised by tt)e Chartty for a p8￿CuLar purpose. Trustees have not Class￿8d any funds rec8nied as restrieted till now. 1.5. Expendlture All expendilLire Is 8ccounled for on an accnJals basi8 and has been classffjed under headings that aggregate all costs related lo the category. Where costs canrK*t be directly attributed to parti¢u18r headings they have been apportioned on 8 basis consistent with the use of the resources. The cost of raising funds includes fundrnising event costs. direct campaigns. general information and public rdation wsts arKI their assooated supp(wl costs. Expendrture on charitsble activities relates to granls awarded and a$So￿aled support costs. Irrecoverable VAT is charged as a cost against the actNity for which expenditure was incurred. 1.6. Allocation of support costs Support costs are those function$ that assist the work of the charity but do Ml directty undertake charitable activities. Support Costs indude administration. finance. human resources. infomiation systems and govemance costs which support the seNices provKled to benefi¢iaries. These costs have been alksc8tsd betsveen the costs of raisingfvnds and exp8ndkure on charftable activities on the basis set out in notg 4. 1.7. Tangible fixed assets Fixed assets are included on a his1￿1c￿ cost basis. It is a polw of the tr￿stee$ that indrvidual items with cost ￿lOW £300 are not capitalised. DepreuatM)n is provided at the following rates and bases lo write off the cost of tsngible fixeil assets over their estimated useful lives by annual instalments, with a full yearfs charge in the acquisition year and no charge in the year ol disposal: 1.8. Cash at bank and In hand Cash at bank and cash in hand indudes cash and short lenn highly liquid investments with a short maturity held for worknng capilal. Bank overdrafts are shown wtthin borrowiNJ in current liabilit￿$. 1.9. Taxation Babulilm FourKlation UK is a registered charsty 8nd as sud) is a charity within the meaning of schedule 6 of the Finance Act 2010. Accordingty, the Charrty is potenliaty entsued lo tsx exemption under part 11 of the COrWrdt￿n Tax Ad 2010 or Section 256 of the Taxat"on of Chargeable Gains Act 1992 in respect of income and gains arising. 13 BABUL ILM FOUNDATION UK FOR THE YEAR ENDED 31 JANUARY 2024 TRUSTEES, REPORTICONTINUEDI NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) 2. Allocation of support costs Support costs are alk)cated betsveen the various actNttss of the ¢*arity based on an estimate by management oftime spent by employees on 98¢h activty- Some employees have roles which support more than one aclivily. The allocalKJn of these costs are considered to be critical to the accounts because Ih8y have the abilty lo materially alter the allocation of costs betsveen expenditure on raising funds and expenditure on charitable activities. 3. Income Unrestricted Total In¢ome 2024 Tolal 2023 Donations and non•erfom)an¢e grant Donations ReceNed 301,583 301.583 301.583 301,583 230.143 230,143 4. Analysls of expenditures Expenditure on charitable athitses: Direct Alltxated cost Total 2024 Total 2023 Flood Relief Housing Project Sch¢x)ling Project Water Project Food Project Mksc. Projects 23,179 146,372 5,541 50.482 5,531 926 563 23,742 3,558 149.930 135 5.676 1,227 51,709 5.666 948 23,772 72,148 22 232,031 5.640 237,671 95.920 Total expenditure 232,031 5,640 237,671 95.920 14 BABUL ILM FOUNDATION UK FOR THE YEAR ENDED 31 JANUARY 2024 TRUSTEE5' REPORT ICONTINUEDI NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) 4. Infomiatlon regardlng trustees and employees Staff costs comprise 2024 2023 Wages and salaries Social security costs 1.250 Total empbymenl Costs 1.250 5. Taxatlon The charttable actwilies of Babulilm Foundation UK are exerrwt from taxation under Chapter 3 of part 11 of the Corpordlion Tax Act 2010. 6. Fixed Assets Flxtures and Fttting$ Computer Equipment Total Cost 01-Fe￿23 Additions 31￿an•24 D•pfe¢iation 01-Feb-23 Charge for the year 31￿an-24 N&t book values 31Jan-24 15 BABUL ILM FOUNDATION UK FOR THE YEAR ENDED 31 JANUARY 2024 TRUSTEES, REPORT ICONTINUEDI NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) 7. Creditors- Amounts falling due within one year Totsl 2024 Total 2023 ot￿r Creditors 1.800 1.200 1.800 1,200 8. Post balance shaat events The￿ are no post balance sheet events to rep¢)rt. 9. Charity results No separate Ststemenl of Financi81 Ac*vibes linduding Income and Exp￿￿*t￿re Account} has been report8d for the Charity alone as pem)itte(J by sects.on 408 of the Companies Act and Paragraph 397 of Charities SORP IFRS102). The in￿rne of the Charity for the year was £301.583 12023.. £230,143). £237.671 {2023= ££95.9201. The net surplus for th8 year was £198,135.12023.' £134,223). 10. Related party transactions There was no related paty trdnsaction to report in 202412023.. NIL) 16