2024-05-31-accounts

REGISTERED CHARITY NUMBER: 1202101

Report of the Trustees and

Unaudited Financial Statements

for the Period 1 March 2023 to 31 May 2024

for

BAPIO Foundation

Wormald & Partners Chartered Accountants (ICAEW) Brunel House 11 The Promenade Clifton Down Bristol BS8 3NG

BAPIO Foundation

Contents of the Financial Statements for the Period 1 March 2023 to 31 May 2024

	Page
Report of the Trustees	1
Independent Examiner's Report	2
Statement of Financial Activities	3
Balance Sheet	4
Notes to the Financial Statements	5

BAPIO Foundation

Report of the Trustees for the Period 1 March 2023 to 31 May 2024

The trustees present their report with the financial statements of the charity for the period 1 March 2023 to 31 May 2024. The trustees have adopted the provisions of 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) (effective 1 January 2019).

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1202101

Principal address

The Chapel Trinity Gardens 9-11 Bromham Road Bedford MK40 2BP

Trustees

Dr R D Mehta Dr S M Mathew Dr J Grover Dr P Singhal

Independent Examiner

DILIPKUMAR PATEL FCA Wormald & Partners Chartered Accountants (ICAEW) Brunel House 11 The Promenade Clifton Down Bristol BS8 3NG

Approved by order of the board of trustees on 20 March 2025 and signed on its behalf by:

Dr R D Mehta - Trustee

Page 1

Independent Examiner's Report to the Trustees of BAPIO Foundation

Independent examiner's report to the trustees of BAPIO Foundation

I report to the charity trustees on my examination of the accounts of BAPIO Foundation (the Trust) for the period 1 March 2023 to 31 May 2024.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

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 in order to enable a proper understanding of the accounts to be reached.

DILIPKUMAR PATEL FCA

Wormald & Partners Chartered Accountants (ICAEW) Brunel House 11 The Promenade Clifton Down Bristol BS8 3NG

20 March 2025

Page 2

BAPIO Foundation

Statement of Financial Activities

for the Period 1 March 2023 to 31 May 2024

		Total
		funds
	Notes	£
NET INCOME			-
TOTAL FUNDS CARRIED FORWARD			-

The notes form part of these financial statements

Page 3

BAPIO Foundation

Balance Sheet 31 May 2024

		Total
		funds
	Notes	£
NET CURRENT ASSETS			-
TOTAL ASSETS LESS CURRENT LIABILITIES			-
NET ASSETS			-
FUNDS	3
TOTAL FUNDS			-

The financial statements were approved by the Board of Trustees and authorised for issue on 20 March 2025 and were signed on its behalf by:

R D Mehta - Trustee

The notes form part of these financial statements

Page 4

BAPIO Foundation

Notes to the Financial Statements for the Period 1 March 2023 to 31 May 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the period ended 31 May 2024.

Trustees' expenses

There were no trustees' expenses paid for the period ended 31 May 2024.

3. MOVEMENT IN FUNDS

MOVEMENT IN FUNDS
		Net
		movement	At
		in funds	31.5.24
		£	£
TOTAL FUNDS		-	-
Net movement in funds, included in the above are as follows:
	Incoming	Resources	Movement
	resources	expended	in funds
	£	£	£
TOTAL FUNDS	-	-	-

4. RELATED PARTY DISCLOSURES

There were no related party transactions for the period ended 31 May 2024.

Page 5