## **DAMBA FOUNDATION**
## **2023/24 REPORT AND FINANCIAL STATEMENTS**
## **REGISTERED CHARITY NO: 1200545**
1
## **Damba Foundation**
## **ANNUAL REPORT OF THE TRUSTEES**
## **For the year ending 30th June 2024**
## **Reference and Administration Details**
## **Name of Charity**
Charity registration number 1200545
Date Registered 3rd October 2022
## **Principal Address**
14 Guildford Street, Staines Middlesex TW18 2EQ
## **Names of Trustees**
## **1. Kamrunnisa Khan (chair)**
**2. Adil Khan Deshmukh**
## **3. Atif Khan Deshmukh**
**4. Sabia Mir**
This annual report is prepared to meet the requirements of the directors’ report and accounts as required by the Charity Commission.
2
## **Objectives and Activities**
## **Objects**
The charity’s objects’ (‘Objects’) are specifically restricted to the following:
The charity’s objects are, for the public benefit:
The prevention and relief of poverty in developing countries (including and not exclusive to India, South Africa, Tanzania) by making grants of money
The Trustees have paid regard to the Charity Commission’s guidance on public benefit and are confident that the charity’s intent and its performance clearly demonstrate that Damba Foundation provides a public benefit.
## **Achievements and Performance**
## **Chair’s Report**
In the second year of the charity, we have managed to continue supporting the distribution of food packages within the Raigad District of Maharashtra, India. The food packages covered approximately 200 households, averaging 4-5 people per household. These packages provided food staples such as rice, chapatti flour and lentils. Each food package was envisaged to be enough to last each household for 6-8 weeks. The primary objective of this initiative was to tackle food insecurity in the area.
Additionally, we have provided funds for medical bills for a patient in India and funds to support education towards 3 children’s school fees in Tanzania.
The food packages programme is a once-a-year support that we envisage continuing on in future years.
Yours Sincerely, Kamrunnisa Khan
## **Financial review**
3
The financial position of Damba Foundation is healthy, we end the year with a decent amount of unrestricted funds to cover any urgent requests at the beginning of the 2024/25 financial year. The balance at the end of June 2024 stood at £1,366.13.
## **Structure, Governance and Management**
The Charity is constituted as a Company Incorporated Organisation. The Directors of the Company are also Trustees of the Charity. Eligibility for membership of the Charity and membership of the Board of Trustees is governed by the Constitution. There are no restrictions on the operation of the Charity or on its investment powers, other than those imposed by general Charity law.
## **Statement of responsibilities of the Trustees**
The Charities Acts require the Board of Trustees 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 Board is required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- 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 charitable company will not continue on that basis.
The Trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with both charity and company law. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Trustees are also responsible for the contents of the Trustees’ report, and the responsibility of the independent examiner (where necessary) in relation to the Trustees’ report is limited to examining the report and ensuring that, on the face of the report, there are no inconsistencies with the figures disclosed in the financial statements.
## **Respective responsibilities of trustees and examiners**
The charity’s trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the financial statements. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act). The charity’s gross income did not exceed £25,000.
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**Charity Name No (if any) Damba Foundation 1200545 Receipts and payments accounts**
## **CC16a**
**For the period** Period start date Period end date **To from** 01/07/2023 30/06/2024
## **Section A Receipts and payments**
**Unrestricted Restricted Endowment funds funds funds**
||**Unrestricted**|**Restricted**|**Endowment**|||
|---|---|---|---|---|---|
|**A1 Receipts**|**to the nearest £**
**8,450**
**5,195**
**-**
**-**
**-**
**-**
**-**
**-**
**13,645**
**-**
**-**
**-**
**13,645**
**funds**
|**to the nearest £**
**funds**|**to the nearest £**
**funds**|**Total funds**
**to the nearest £**|**Last year**
**to the nearest £**|
|Donations and legacies||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**8,450**
**5,195**
**-**
**-**
**-**
**-**
**-**
**-**
**13,645**|**-**|
|Gift Aid|||||**-**|
||||||**-**|
||||||**-**|
||||||**-**|
||||||**-**|
||||||**-**|
||||||**-**|
|**Sub total**(Gross income for AR)|||||**-**|
|||||||
|**A2 Asset and investment sales,**
**(see table).**||||||
|||**-**
**-**
**-**|**-**
**-**
**-**|**-**
**-**
**-**||
||||||**-**|
|**Sub total**|||||**-**|
|**Total receipts**||||||
|||**-**|**-**|**13,645**|**-**|
|**A3 Payments**
Grants and donationspaid
**13,580**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Sub total 13,580**
**-**
**-**
**Sub total -**
**Total payments 13,580**
**Net of receipts/(payments) 65**
**A5 Transfers between funds**
**-**
**A6 Cash funds last year end**
**1,301**
**Cash funds this year end 1,366**
**A4 Asset and investment**
**purchases, (see table)**|||||
|---|---|---|---|---|
|
Grants and donationspaid|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**13,580**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**13,580**|**-**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**-**|
|**Sub tota**||||**-**|
||||||
|**A4 Asset and investment**
**purchases, (see table)**|||||
||**-**
**-**
**-**|**-**
**-**
**-**|**-**
**-**
**-**||
||||||
|**Sub tota**||||**-**|
|**Total payments**
**Net of receipts/(payments)**
**A5 Transfers between funds**
**A6 Cash funds last year end**
**Cash funds this year end**|||||
||**-**|**-**|**13,580**|**-**|
||||||
||**-**
**-**
**-**
**-**|**-**
**-**
**-**
**-**|**65**
**-**
**1,301**
**1,366**|**-**|
|||||**-**|
|||||**-**|
|||||**-**|
## **Section B Statement of assets and liabilities at the end of the period**
|**Categories**
**B1 Cash funds**|**Details**
Cash in bank|**to nearest £**
**1,366**
**Unrestricted**
**funds**|**to nearest £**
**-**
**Restricted**
**funds**|**to nearest £**
**Endowment**
**funds**|
|---|---|---|---|---|
|||||**-**|
CCXX R1 accounts (SS)
04/29/2025
1
|**B2 Other monetary assets**
**B3 Investment assets**
**B5 Liabilities**
**B4 Assets retained for the**
**charity’s own use**
Signed by one or two trustees on behalf
of all the trustees|**Details**
**Details**
**Details**
**Details**
Signature
**Total cash funds**
(agree balances with receipts and payments
account(s))|**-**
**-**
**-**
**-**
**1,366**
**-**
OK
OK
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
Print Name
Atif Khan Deshmukh
**Unrestricted**
**funds**
**Restricted**
**funds**
**Fund to which**
**asset belongs**
**Fund to which**
**asset belongs**
**Fund to which**
**liability relates**
**Amount due**
**(optional)**|**-**
**-**
**-**|**-**|
|---|---|---|---|---|
|||||**-**|
|||||**-**|
|||||OK|
|||||**to nearest £**
**Endowment**
**funds**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**Current value**
**(optional)**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**Current value**
**(optional)**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**-**|
|||||**When due**
**(optional)**|
||||||
||||||
||||||
||||||
||||||
||||||
|||||Date of
approval|
|||||29/04/2025|
||||||
CCXX R2 accounts (SS)
04/29/2025
2