CHARITY COMMISSION FOR ENGLAND ANO WALES Trustees, Annual Report for the period From 0110112024 Perfod end date Perlod start dale To 3111212024 Charlty name: The All Foundatlon Charity reglstratlon number: 1198189 Objectives and Activities SORP rnletln Parn117 Summary of the Pltrposes of the chanty as sel out in its ovemin document Summary of the main 8Ctiwties In relalj'on lo those purp)ses for the public benefit. in parb(%lar, thè actiwties, projects or services idenbfied in the accounts. The All Foundatlon Is Involved In projects that alms to provlde ald in the following areas. The prevention or rellef of poverty ID rural Pakistan by provldlng water filtratlon systems and grdnts to charltl85, or other organlsatlons worklng to prevent or relieve poverty. To advance the educatlon of chlldren of school age in rural Paklstan by provlding scholarships, school supplies and by providlng fundlng to educatlon Institutions whlch the trustees think fiL I can confimi that the Iru5tees are aware of the Publlc guidance and whèn thlnking about prolects to uptake, that thè guldance wlll be followed. P8ra 1.17 Stalemenl confiThing whether the tnjslees have had regard lo the guidanr issued by the Charity Commission on public benefit Para 1.18 Addhlonal InfO￿allOn loptlonall You ma choose to include lurther slalements where relevanl about: SORP ro14rn￿¢ P•rn 1J8 Policy on gtanl making P4rn 128 PollLy on social investment including program relalad Inve51menl 1.38 Contributlon mad8 by volunteers Other Achievements and Performance SORP reference The charlty remains dormant as it Is in the process of setting a bank account. Summary of Ihe main achievements of the charity, identifying the difference the charity's work has made lo the Circumstances of its beneficiaries and any wider benefits to soaety as a whole. Para 1.20 Additional Inforniation (optional) You ma choose to include further statements where relevant about: Achievements against objectives sel Para 1.41 Performance of fundraising activities against objectives set Para 1.41 Investment performance against objectives P8ra 1.41 Other Flnancial Revlew Rewew of the charity's financial position al the end of the eriod Slatement explaining the policy for holding reserves statin a￿ held Amount of reserves held Reasons for holding zero reserves Details of fund materially in deficit Explanation of any uncertainlies about the charity ¢ontinuing as a going concem Parn 1.21 No actlvlty occurred Para 1.22 NIA Para 1.22 Para 1.22 No Bank A¢¢ount Para 1.24 NIA Para 1.23 NIA Addltlonal infomiation {optional} You ma choose lo include further statements where relevant about- The Charity's principal sources of fijnds (including any fundraising) Para 1.47 Investment policy and objectives including any social investment policy adopted Par8 1.46 A description of the principal risks facing the charity Para 1.46 Other Structure, Governance and Management DescTiption of Charity's NIA trusts: Type of goveming d￿Ument Parn 1.25 Tfust Deed How is the Charity constituted? je g iinincorporated P*a125 SSIJ j Irli'o" Trustee seleclion methods including details of any Constitutional provisions e.g. election to post or name ()f any person or body entitled to appoint one or more trustees P*3 1.25 Every Irustee must be appointed [for a temi of Ihree years] by a resolution passed at a properly convened meeting of the charrty trustees. Addltlonal infonnalion loptlonal) You ma choose to indude fvrther statements where relevant about: Policies and procedures adopted for the induclion and training of trustees P￿al￿1 The charity's organisational structure and any wider ne￿Ork with which Ihe charity works Pwa 1.51 Relationship wth any related parties P¥8 1.51 Other Reference and Administrative details Chari name Other name the chari uses Re islered chari number Charity's principal address The Ali Foundation NIA 1198189 Office 2 Gallery Court Arcadia Avenue London N3 2FG ames of the charfty trustees who manage the charlty Truste• name Offi￿ Irf any) Dates a¢t•d Wnotfor whole ar Name of P•Tson lor t)odyl entltl•d Int tW5t•e rfan Arshad Ali Rabia Ali Farhan Ali NIA NIA NIA NIA NIA NIA orale trustees- names of the directors at the date the re Dire¢tor name rtwasa roved Name of tnjslees holding ti￿e to propety belonging to the charity Datss aded rf notforwlh)It Trustee name Funds held as custodian trustees on behalf of others Description of the assets None held in this capacity Name and objects of the charity on whose behalf the assets are held and how Ihis falls wthin the custodian charity's objects NIA Details of arrangements for safe custody and segregation of such assets from the charity's own assets NIA Additional infomiation (optional} Names and addresses of advlsers (Optional inf0M￿tion} Type of Name Address adviser Accountant Taylor A$s￿lateS 1" Floor. Gallery Court, 28 Arcadia Avenue, N3 2FG Name of chief executive or names of senior staff members (Optlonal inforniation) Exemptions from disclosure Reason for non-disclosure of ke nnel delails NIA Other o tional infornlation Declarations The truslees declare that they have approved the trustees, report above. Slgned on behalf of the charity's trustees Slgnature{s) Full namels) Positlon (eg Secretary, Chalr, etc) AK£I+AD ALI Date 20/1, 25 **Charity registration number 1198189 (England and Wales)** ## **THE ALI FOUNDATION** **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** ## **THE ALI FOUNDATION** ## **LEGAL AND ADMINISTRATIVE INFORMATION** **Trustees** Mr Arshad Ali Mrs Rabia Ali Mr Farha Ali **Charity number (England and Wales)** 1198189 **Accountants** Taylor Associates 1st Floor Gallery Court 28 Arcadia Avenue London N3 2FG ## **THE ALI FOUNDATION** ## **CONTENTS** ||**Page**| |---|---| |report|1| |Accountants' report|2| |Statement of financial activities|3| |Balance sheet|4| |Notes to the financial statements|5| ## **THE ALI FOUNDATION** ## **REPORT** ## _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ The Trustees present their annual report and financial statements for the year ended 31 December 2024. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the 's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)". ## **Objectives and activities** ## _Public benefit_ The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the should undertake. ## **Achievements and performance** ## _Significant activities and achievements against objectives_ ## **Financial review** ## _Reserves policy_ It is the policy of the that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the ’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. ## **Structure, governance and management** The is a company limited by guarantee. The Trustees who served during the year and up to the date of signature of the financial statements were: Mr Arshad Ali Mrs Rabia Ali Mr Farha Ali ## _Recruitment and appointment of trustees_ None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the company and guarantee to contribute £1 in the event of a winding up. The report was approved by the Board of Trustees. Mr Arshad Ali 20 October 2025 - 1 - ## **THE ALI FOUNDATION** ## **CHARTERED ACCOUNTANTS' REPORT TO THE TRUSTEES ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF THE ALI FOUNDATION FOR THE YEAR ENDED 31 DECEMBER 2024** In order to assist you to fulfil your duties under the Charities Act 2011, we have prepared for your approval the financial statements of The Ali Foundation for the year ended 31 December 2024, which comprise the statement of financial activities and the related notes from the charity’s 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, we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation. This report is made to the charity's Trustees, as a body, in accordance with the terms of our engagement letter dated 31 October 2023. Our work has been undertaken solely to prepare for your approval the financial statements of The Ali Foundation and state those matters that we have agreed to state to the charity's Trustees, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Ali Foundation and the charity's Trustees as a body, for our work or for this report. It is your duty to ensure that The Ali Foundation has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and deficit of The Ali Foundation. You consider that The Ali Foundation is exempt from the statutory audit requirement for the year, and is not required to obtain an independent examiner's report. We have not been instructed to carry out an audit or a review of the financial statements of The Ali Foundation. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. ## **Taylor Associates** Chartered Accountants 1st Floor Gallery Court 28 Arcadia Avenue London N3 2FG 20 October 2025 - 2 - ## **THE ALI FOUNDATION** ## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** ## _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ The has not been active during the current or preceding year. It received no income and incurred no expenditure, and therefore made neither surplus nor deficit. - 3 - ## **THE ALI FOUNDATION** ## **BALANCE SHEET** ## _**AS AT 31 DECEMBER 2024**_ **The funds of the** |**2024**
**Notes**
**£**|**2023**
**£**
**£**
-|**£**| |---|---|---| |||| |||-| The financial statements were approved by the Trustees on 20 October 2025 Mr Arshad Ali - 4 - ## **THE ALI FOUNDATION** ## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ ## **1 Accounting policies** ## **Charity information** The Ali foundation is a charity. ## **1.1 Basis of preparation** The financial statements have been prepared in accordance with the 's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)". The is a Public Benefit Entity as defined by FRS 102. The has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The financial statements are prepared in sterling, which is the functional currency of the . Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. ## **2 Trustees** None of the Trustees (or any persons connected with them) received any remuneration or benefits from the during the year. ## **3 Employees** The average monthly number of employees during the year was: ||**2024**|**2023**| |---|---|---| ||**Number**|**Number**| |Total|-|-| There were no employees whose annual remuneration was more than £60,000. ## **Remuneration of key management personnel** The remuneration of key management personnel was as follows: ## **4 Taxation** The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. - 5 -