MAYEEN FOUNDATION TRUST
Charity number: 1200963
TRUSTEE'S ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD 10 NOVEMBER 2022 TO 30 OCTOBER 2023
MAYEEN FOUNDATION TRUST Trustee’s Report and Financial Statements For the Period 10 November 2022 to 30 October 2023
| Contents | Page |
|---|---|
| Trustees Report | 1-2 |
| Independent Examiners Report | 3 |
| Income and Expenditure Account | 4 |
| Balance Sheet | 5 |
| Detailed Income and Expenditure Account | 6 |
MAYEEN FOUNDATION TRUST Charity Registration No. 1200963 Trustees Report for the Period 10 November 2022 to 30 October 2023
The Trustees present the annual report and financial statements of the Charity for the year ended 30 October 2023. The financial statements comply with current statutory requirements and the requirements of the Charity’s governing document. The financial results are set out in the enclosed accounts.
Objectives and Activities
The prevention or relief of poverty in Bangladesh by providing: Grants, Items and services to individuals in need and/or charities, or other organisations working to prevent or relieve poverty.
Achievements and Performance
During the period, there were no achievements and performances to note. The trustees anticipate achievements and performances in the succeeding period.
Review of the financial position
The income for the year amounted to £720. Grants totalling £720 were declared. Expenditure under the trust document amounted to £10.
Reserves
There are no unrestricted reserves.
Structure, Governance and Management
The Charity has been setup as a charitable incorporated organisation (CIO) and is governed by a Trust deed.
Reference and Administrative Details
| Charity Name | Mayeen Foundation Trust |
|---|---|
| Charity Registration Number | 1200963 |
| Registered Office | 15 Maltings Close |
| London | |
| E3 3TA |
Page | 1
MAYEEN FOUNDATION TRUST Charity Registration No. 1200963 Trustees Report for the Period 10 November 2022 to 30 October 2023
Names of the Charity Trustees who manage the Charity
-
Rowshonara Khanam Chairperson
-
Momotaz Begum
-
Farhan Ahmed
Independent Examiner
Mohammed Zakir Karim, FCA
Pangea Baraka Unit 2, 60 Hanbury Street London E1 5JL
Declaration
We confirm that the information produced to enable the independent examination of our accounts to be conducted does contain a full and correct record of our financial transactions and activities to the best of our knowledge and belief. We have approved the Trustees' report.
Signed on behalf of the charity’s trustees.
Name: Rowshonara Khanam Position: Chairperson Date: 25 February 2025
Page | 2
MAYEEN FOUNDATION TRUST
Independent Examiner’s Report on the Accounts
I report on the accounts of the charity for the period 10 November 2022 to 30 October 2023, as set out on the following pages.
Respective responsibilities of the Trustees and Examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 and that an independent examination is needed.
It is my responsibility to examine the accounts under 145 of the 2011 Act, follow the procedures laid down in the General Direction given by the Charity Commission under section 145(5)(b)of the 2011 Act; and state whether particular matters have to come to my attention.
Basis of independent examiner’s report :
Our examination was carried out according to the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items of disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures 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 examiner’s statement :
In connection with our examination, no matter has come to our attention that gives us reasonable cause to believe that, in any material respect, the requirements to keep accounting records following section 41 of the 1993 Act; and to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report to enable a proper understanding of the accounts to be reached.
Mohammed Zakir Karim, FCA
Pangea Baraka Unit 2, 60 Hanbury Street London E1 5JL
25 February 2025
Page | 3
MAYEEN FOUNDATION TRUST Income and Expenditure Account For the Period 10 November 2022 to 30 October 2023
| 30 Oct | 2023 | ||
|---|---|---|---|
| Notes | £ | ||
| TURNOVER | 720 | ||
| GROSS PROFIT | 720 | ||
| Administrative expenses | 10 | ||
| OPERATING SURPLUS AND SURPLUS FOR THE FINANCIAL PERIOD |
710 |
Page | 4
MAYEEN FOUNDATION TRUST Balance Sheet As at 30 October 2023
| 31 Oct | 2023 | |||
|---|---|---|---|---|
| Notes | £ | £ | ||
| CURRENT ASSETS | ||||
| Cash at the bank and in hand | 710 | |||
| 710 | ||||
| NET CURRENT ASSETS / (LIABILITIES) | 710 | |||
| TOTAL ASSETS LESS CURRENT LIABILITIES | 710 | |||
| NET ASSETS | 710 | |||
| Profit and Loss Account | 710 | |||
| OPERATING FUNDS | 710 |
The accounts were approved by the Trustee on 25 February 2025 and signed on their behalf by:
Rowshonara Khanam Chairperson
Page | 5
MAYEEN FOUNDATION TRUST Detailed Income and Expenditure Account For the Period 10 November 2022 to 30 October 2023
| 31 Oct 2023 | ||
|---|---|---|
| £ | ||
| Turnover | ||
| Donation received | 720 | |
| GROSS PROFIT | 720 | |
| Administrative Expenses | ||
| Bank charges | 10 | |
| Operating surplus and surplus for the financial period | 710 |
Page | 6