REGIRED CHARITY NUMBER: 12112759 iy Sta Auditors ll(wd IG2 6HY
M i Patel Foundation of the Tn]slees tht Year Th¢ truste¢s PT¢4¢nt th¢ir rtp)rt with the fuwlctyl of the chaTity for thr yew ld 31 Mor¢h 2025. The tnets have 8thfed the wvisions of Act1]ng R4rtilI by Chfirities". Ststement of ReIMMeJed applicabl¢ to ¢hATitie5 prrpbTitig their I) a¢£(NdatKe with the Fill¢1 R¢wrtit)g Strndor4 li¢1¢ the UK and of Irelwd (FRS I) (effeLive l jary 20191 OBJEcnvES AND AcfiviTILS Mwi ht¢l Founthiio# CIO'S •bJetttvu arr: l. Relieve financial hardthl, especiaity pe(ple aDdorph•n 2- Advhnce th¢ rtli8ion of lsjam foTwblic br4KfiL 3. Relieve sickn&45 and tryv¢ h¢th by wovidiD8 11 AMivities dwin4y¢•rffjd¢d 31st March 2025.. l. sup to persons on fi¢141 hlrdthip Ind P 2- Prowion of fo(KL clun water, ftdesxerti•l $4wlies. 3. As8islanGe with Jsknfftc eth4tii• •nd wrKJhip f1]itieS. FINANCIAL REVIEW podilo• . Tr ¢harity mA%niy W rIriCted i08 from ard suppxter donatiffli of £1.12318 (2024.. Nil). - Th¢ expwJditsr¢s ¢ lsrg¢ty m•dt up of ¢hwitsbl¢ •)d 8tsV¢rnWK¢ ¢OSts of £345.700 (2024.. Nil). . Tho relult WAS a surplyj of £777J18 for the y¢ar 31 M4rch 2025 (2024: Nil). R¢xrv¢s lkY . The ¢hwity had w littk ovuthe4d of £3.600 iti the T to 31st Mrdb 21Y25. awrently minimum 8¢ner81 fimds 4re rtyuired ¢0 COVCf ovwtrrJ8 for th¢ year to 31 Mgrnh 2025. However, th¢ don10$ wert 411 restricted the rtwve5 a defLCit of E3,600 at the >t4r 31# Mh 2025. The in1¢$ will arn6¢ for &¢nal don•tiOD to ¢ollErtcd io ¥¢T all oYahAth Iud . Th¢ Rtstrithd r¢8eTves ¢1j fmvd w¢r¢ £780.918 (2024". Nil STRUURE, GOVERNANCE AND MANACEM MAJI PATEL FOUNDATION 15 govaned by its Found1 MO CIO constituti l. Only ¢hority trugte48 art Vwmtmbm. 2. Tn]stees are re8pon$ibk for 8overn•w ¢ortspliarrf •nd strnt¢8ic ditt(4ion. D1¥1[• w¢ mad¢ ¢olle&xilY Irustceme¢ting5 with 8 qu(vwn &3 pcrthc ¢&]1U11rrft. REFERENCE AND ADMINISTrkTIVE DETAILS Rrgi>tertd Cb•rhy •*ber 1202759
Ma'i P1 Found?0 rt of the TnL8ttts for th¢ Year Ended 31 MArcb 2025 Prln¢lpAI •ddruJ l Flor¢Dtt AThYDue Bolton BLI 8RQ Trut¢ HYPal M Patel Chair MDP41 PrestoN & Jal$$ P1p LLP Statuw AuditDr5 364. 368 Cr1nbrk RoAd Ilford Esstx l(f2 6HY ATEMW OF TRUSTEES. RLSPONSIBILITILS The trusth¢s r¢ for •ing the Rewt of th¢ th¢ financial 5thtwcnts in ac£wdaDc¢ with appli(sbie law Unt4 Kin8&ffj ACC4118 (UDite4 Kin8dMI Genernlly AceeFted Accrnmlin8 Pr&#ic4). Cb4ri1y Ibw requiTr5 th? trusfv IQ sryue fu¢111 8tleM for yw. Undr¥ thwl law. the trU51r¢s hAV¢ ele¢t¢d lo w¢pwr fin¢1 Rn 2cuYknce with Unil¢d Kin8dm Geth¢rnlty A¢¢ePt A¢¢ouoting Pr1¢¢ (United Kingthjm Ae¢outstin8 Swidarth 8nd •ppli¢able lawl. Under clwity law the ttlrt •porove the fin•D¢i•l they are utisfithl that they give i tru¢ w)d f8ir ¢W of the stst¢ of 8ffaivs of th¢ chan'ry Wkl of the inccffl]inB reUrceS and a11¢1110 of resourc¢s. including tk aDd eXp¢Ddit of the for pttiod In pr44rkn8 thos¢ staTheDt4 the tnle¢S aTE requiTed to . 8ele£t auitsble accThmtin8 policieJ typty than oiwve th¢ m¢thod8 8nd win¢ipk$ io the Ch&riiies SORP. rn&é judgeents and ¢'MAted that are reThs(th•blt piiJd¢nt' . state whether ¥pli¢4bk 8¢•rthrth have tttn folknw4 subjsxt th •Dy m4ter1 d4JvMres dis¢lol oplAinrd in the fin•n¢iAI chvity wlll continu¢ in iwineJs. Thc 4r¢ IrJwlb]r kying prvprr %tin8 whith disclose with m$onable al y tirne the f¢la1 PDsiIKffi of the charity Vld to thable them to eDsur¢ th¢ fM¥J¢l $18tem¢nts cA)mply with thv Ckniti¢8 A¢t 2011 and The Ch•rity {A¢abunts aThJ Repwts) Re8uJIcS 28. They 4T¢ a]so r¢wsible for safe8uxdinB the of the thzrity SW for the WmliDD Jd detlOn of fraud atxl th irre8ularitiN.
Ma'i P*el Foundalion theT fw th¢ Y¢ar EThd 31 Mat¢h 2Q25 ?...l.L[ i & Apr¢4 by wder of the bc4rd ofm¥te¢s (....... aT¥J 5i8tsed crb Itsbthf by.. H Y Patel. I n¢¢
rl ofthe In i Patel Foundation itOTS w the T[te¢S of Opi•kni We havc audited the fmwci81 5thtallts of Maji P1 FouDdioD (the '¢knityJ kn the year ¢nded 31 Mwrch c4)mpris¢ the &atanrnt Of"FTnj&1 ActTVities the BalatKe She< the Cash Flow Statement alld not¢5 to the fwa¢i81 ihl a summary of si8tsifJ¢ant •CutIn8 wTrli¢t¢s. The fancial rewii08 fram¢work that hD5 be awlied trn th¢ir IX¢Fdrth is Wlicable Unl1 Kln8dorn AccoLmtinE St8ndaTds (Unitcd Kia8&n G•#a]ly Ac£¢p¢d A¢countin8 Praaiv). In Oltr optytion tk ststrnts: . give a trnc and fair view of th¢ sthte of the thaTitysaffgiTr It 3l M•T¢h 2025 11 ofits incan1 rtlou d of rrsouTce4 for the >r tlw . have propttly tD accckn with Unit•4 Kingdom Gth¢Trlly Accqth4 A¢{ntINg PrnLXic¢: . have b¢ w•ppJwl tn ac¢¥JrdATh¢e with the r¢quirun¢rlA of tF Clwitsa Ad2011. Bgils for oplnkn We con&ted ow oudii iti •¢¢LYthDQ with fDtttriknl Stsndarth (ffj Auditing IUKY OSAS (UK)) atyd •ppli¢able14w. Our resrKrnsibiliti¢8 those Sthndarth tre fibther de5u&bed it) th¢ Awli¢ix5' rtspon5ibililieB fw the a11 of th4 f1naD¢i415tstemts sedion of our rrwrt. W¢ u¢ ind¢Sknt of the charity in I¢¢1¢¢ wtth the ethiuLI r4UInttft1s th¥ •r¢ Ide¥• to our audit of the rMclaI tstatemmts ID lh¢ UK. indudin8 the FRC'S Ethic Stath. and we h¥¢ fulfilknl dhi¢al rt4WDJibilitiQ8 in with thes¢ r•wir¢mwts. We believe thai the autht evidence we h•ve obt8intsJ is suffi¢i4rt Ind p[Ole to provide i il forouropiTrirn. Cotlu•hMs rtlAtl41 to ¢o¢trn In audlting the llcLaI sllltemw w¢ ha wlded th¢ of 80iD8 collc¢rn of countill8 pryralion of the fu181 is Based on the w(ffk w¢ P04 w¢ h1 fytrt idM1ifj •ny m11 un(trtaintics r¢l•tin8 to or conditiom thÉL indivithjaily Lr colleaivety. LDay siRnifiwt doubt the ¢hartty's 1]llY to continue &9 80jn8 con¢ern for • wiod of at le hyelve months frotD when th¢ fiD•Dcial ar¢ IhCr•s for is¢. Our ytsptrtutlilitie8 the re41b11l(ieG of the truts with rw¢t to i0inB COAC<¥D u¢ desetiw in the relevw I105 of this t¢. Other lfom•tlD The tnLSt¢N 4r¢ respsible for the th Tnfffillail. The other inftwm•tiM wmwi5es the inf(Jnnati(m inclu in the ADnuai Rtport. dhex th¢ fiDaDcl stw¢vts wr Rel1 ofthe Audittrt thertOD. CAtr opinith LVJ the fi¢111 statern does ncrt cover the other infoTmion ¢xcept io the ¢xtont othprwi expli¢itly slated irt r¢po¢ we do nL exwe5s w fm ofasJw•JK¢ Éy)ndu5ion thenon. ID o)nnectiOD with our ludit of th¢ finffjci QWTeyYksibibty is to th¢ information an in doih8 so. em8ider Wh¢th¢rtheoth inf<ffm•iiffi 15 DJ4t¢t1Y itKonsi¢D¢ wilh tbe fal 8tatemeth or our kttowled8¢ obtaincd in tb¢ audtt w othtnvise ¥PFtar5 to ir mutr¥ially misxatsa. Jf we ideniify ]nth¥ial I11St£0Cl or material rnisststements. we we Twuired to d¢t¢nnir wb#h¢¥ this giv# rise a tn•torial Mi11¢1 in th¢ thcms¢1*5. If, Ixwj ffi the work we have FKYfonned, we onGludr that the i5 a mBtcrJ mis¥t•trJncnt of this Oth wc are required to Tetth that fact. We Iwv¢ n(rthin8 to rfy(rt ID thi¥ ry
Re of the Inde Ma'i e] Foundation Audiwrs to the TnA5tees of M•tters whleh we #r¢ r¢4¥1Y io r¢p)rf by ¢xceptt ID the li8bi of the knowl and ¥rAler518 of thc clwithbk its eYirLthm¢nt oEailled IA the of th¢ audiL we hav¢ idetitifi¢drnatffitil misotrnts ID theRepJt of the TN#ees. We htr¢ tthing to Itixmt in of tr fOlwill8 mtC45 thr Cowim Aa 21MJ6 r¢quir¢s us to rtwrt to you if. in ouropinioD'. branches visitoA by w. or . the inf¢xrn&tion giv in th¢ Rqxvt of th¢ Truthes is Inc]#(1rt in any rn•t¢r1 wkth the fits11 . the financial statrments are not ID 18reeml with the accourLtiD8 rciy)rth rdums,. or c¢naiTh di10$u[el of rem¢tIOn Specifi by not mth: or wc have D( rc(tive4 Ill the inf(Xm]On thnd explgn8tions we rquire for OUT aDdit" or . the kntst¢e$ were no¢ entitled tsk¢ vIntage of the stM]l ¢xemptioa from the requireAnenl to FryaT¢ • Strategic Kwt or in tb¢ iiwt of th¢ Truslew. Rt1pMbIlIdEI oftr•#e As explain¢d ny)r¢ fvlty in the Ststtmeth of Tr¢¢¢$. Rwsibi]iiies th¢ mbsf¢¢5 are T¢Spoll5ible foT the Yeptration cf fioancial whi¢h giv¢ • •nd hir vi¢w. and f(ff such internal cffltrol as the trustees deteThlllK 15 neLZSSary lo emble the Fepxrntson of fllWDc1 s¢atanrnts th aT¢ fr¢¢ from rotyial MISen whetherduc to sxror. In pr¢pwin8 the fin¢1 statn¢ts, th¢tru#eu resp)Nibl¢ ft¢ th¢ dwity¥ abiliiy to continuE a S BOID$ wicern. di%losin& 0$ appliethl¢, m4tten r¢l81¢d to xoin8 concern and USIDK thE Boing con¢•rn b4818 of a¢untIng unltss th¢ trus*¢g ehhw ijxtstid io lIld? th¢ ch¥ity iy w ¢as¢ or have M TeAlistic Altern1Ve to do
ReJY)rt of the IDd¢ ndent Auditors to the Tntste¢s or i Patel Foulldation Our reypDnsibilititJ for th¢ •fth¢ slt¢mtAts We hivE been ap1d as auditors und¢T Se¢tion 145 of the Clwrties Art 2011 Dd ryrt iu awd¢t with the AL£ id relevant rwliow math having effKt th¢rewJder. materiwi misstaiuneDL wlwth(¥ dw to frwj rrerr(f, Wld to issue • Re[ of the lThj¢det Auditor5 that includes our opttiiOD. REthk h55vI¢¢ is a higlk Icvel of ¥ssur4w lyjt is not a 8yarantee th on audit conducttsl in xcwdsnce with ISAS IUK} will always detttl * ¢r1 thi&#•tCJDaLt when it exists. Mi&414t¢m¢ffj¢S C4D aris¢ from frwjd { ttr(ff we M81deI nl¢r111 if. iThJivithialty w in th¢ aw¢8&t¢, they could reasblY be ¢ed to ittflllae tht t¢thl¢ d¢¢i$iorLS of tak•] ott the basi5 of these finaryciol The exleDt to wbith 4v¢ ¢4b of d#e&#iD8 iwIAritie4 incI1n861lld 15 ddJiled below.. ITregylariti¢s, In¢dIng aT¢ iDknofJTh•ithk% witb laws atyj TryulLry. We dBSi8n prryedurns includill8 fiBwl. W¢ id¢ntify and 4$9eu the rijks of mttcriil Trtis#tstthKrt of lh¢ riDan¢1 8Mttynart4 whcthcr due to fraud or errcr. and then &818n and OrnI Aud?t re5p)nsive to risks IdIng obthitiin8 wjdii ¢vidthra that Is wjfficletht and opl1&1¢1o Fyovxle * btsii of trjr opinion Th¢•0 inchthd: . Discu&8ions with msna8rnt 8Thd &wssment of knowTL LY inanttg of n¢xtrc4)mplianc¢ with laws regultioM (int]udiDg health Ittfetyl and ud,. •nd- As%¢wntht of idtntifitsj fraud rk focrorB: 8nd . Ch$lkn8ub8 wumFrtions Jud$)¢ m•d¢ by m8n88¢Ml in its $Ilfi¢•t a¢o)wtting estimates. aDd . PoTffflTring 1]y1]ul edUl¢S to idc4rtify w unusual or WKYP¢aAJ r¢]lL1r• rdat¢d p trAn¢ll0DS thai MNY indicat¢ risks ofttwieKi missrat¢m¢w dueto fra4,. and . CoDfinllatioD of relatyj with and review of trslI05 throu8hl the perifrj to i&Dtify any w¢v¥Trusfy undty¢lostyJ ¢rnMaairm$ with wti¢J othside the nomiAI p)urx of bjsiness: and. Re1 miTrute8 ofm¢étin88 oftho d)w8ed with Sorr ar#1 . Review ofsi8nlfit unu0] 4thd Owing to the inlrtmi limitstions of S1( I1 1$ an untvoidthle risk w¢ mty not hv¢ ¢knthJ sorne ertaI Misstslemts irt the fin8ll¢id $ements, ¢V¢D thou8b wc have pl¢4 and pthod ( audit Ni a¢cotdaYJc¢ with wjditttig stsndArth. W¢ we ye4j1b1E pre¥IlD& nonw11 ¢•onoc be expe¢led to detect noft4ompAiaDce with All laws reguhtions. These inhertm limitatiS gre rmtiakluty 5i8ll1filt in the ose of tthi55tcrnEDt fE5uhiD8 frorn frwd 85 this may iDvolve 8QF&istiatrd sdKrnes de51y to avoid J#t¢tioTh IlUdi delLl>crntc failure to rvxord A fvrthtf d¢sttiNiots of r¢spoDsibilnies for Ihe audii of th¢ 5tstemtmts is Ic41¢d on the Firnanciaj R¢rKKtinK Cuncl1,¥ wcbsite at Ww.frc.oukIaUdit0ewblIiIlc Thi5 dwiplion r(Kms part of our k¢wrt of the IndepEndl Audit(xs.
Re 70rt of the I Use of o¥r report This rwrt 15 m wkty ts th¢ dwitys with Part 4 of thc a117#¥ (Ac¢oullts R¢wtsl R¢gul•¢ion$ 2(rf)8. Our lIt work h% beth uDdertaken 50 that we rnigbt sts1¢ to tho dwtty's trwites th08e matters we are Ttyuir•J 10 ihem ID •D uditm' reixyt •nd for othes purw. To th¢ fvlltst ¢xtertp¢rnitt•J by bw. w do llL ac£qX r*•sswne resp(wibilityW anyone ¢xher thsn th¢ chvity andth¢ ¢h•Tity'S mw¢es 4saW. for ftythis rw. (f fwthe Lyinirw w¢ have forn1. Prestor6 & Jacksms L Statutory Auditors 364. 368 CrxnbTc& Ro l]fiYd IG2 6HY P4ge 7
P¢riLYJ 1814123 Y¢ar Ellded 3113124 Totsl Js UDre5trictcd Restricted TDt•l f•mdB INCOME AND ENDOWME24TS FROM Donatiotss Ind kgxics 1,113018 EXPENDITURE ON rlt•blt Aethflths Charitable c05t loo 342.1 T•t•l 34LiOO 34&7(YJ ET INCOMTJ(EXPENDATVREI 78(lJ118 TnJi8 RECOIYCTLIATiof4 oir FUF4DS Total fvnd$ brought forwtrd TOTAL FUNDS CARRIED FORWARD 7riJi8 The ncé¢5 foDD Part of these fiDpn¢ial stst¢ma Page 8
Ma"1 Patel FOun(lOn 31125 31.324 Tot41 fvnds fund d cURRENT&SETs Casb li tnk 78OJI¥ 791$ CREDITOILS Arno1 falling th* witbin 0yO (JAK)) r4fT CiIRRENT A&8EryLIABILITI 7N918 777J18 TOTAL &SETs LE&8 CURRE LIABILITIFS (3.6) 777Jl8 NET A&SETS TrX918 777J18 IPUNDS Unrestri¢ttd fiJnd$ R¢thI¢1 fundj 10 (3,61101 TOTAL FUNDS 777J18 slltemenis vtte iFproved by B(•rd of TnJste¢J for iw O d wtt¢ signed its bebajf by.. H Y P&tsl- Trum
i Patel FourdatiL Period 1814123 to 3113n4 Yur E•dul C#h Ilows fr•w opetatkni afthlth 784918 Nrf thsh provided by0pting adivitiel 78V18 th¢ r¢pOrt1 p¢rl•d Csb ¢Lh *qulvAkmts •t ¢h¢ be#xi•lMg orth¢ rtportltyg prlod 780.918 reportlD¢ perhd 789,918 The not&s forni part of these f11 ststements Pa8e 10
i Patel Fowthli( RECONCILIATION OF PIET INCMET0 NET CASH FIA)W FROM OPERATING ACTtVmES IW4r23 Yar Ended 3113ns 3113r24 Nd locome for tht r¢wtlnz ptrlod (u ptr the or FIMo¢l41 Ac¢fvitle8) for-. ID¢[¢ in (T]1015 777Jii Net pr•vlded by optrtkn 7NJPI8 ANALYSISOF CHANGFS IN NET FUNDS At 114n4 C•sh flow Al 3113llS Cash * baok 780,918 780JI8 78Q918 780918 T•tl 918 TIL¢ nott5 folm Part of these fiYthtt¢ial Stathts Page 11
Notes lo the Financial Ststements r the Year EDded 31 202 ACCOiINTING POLICILS B•$b of prep•rillz the fiumcl•A st•t¢JKnts The fiwcial stmeots of the charity. whith is ¥ public b&Kfit Cthity ]der FRS 102. have ix¢D rywed in a¢o)nkn¢¢ with the LTh8riti¢s SORP (FRS 102) Aco)untytig ottd Reportin8 by Charities: Statement of Recornded Practice &ppli(•bl¢ to charitiu prepsriD8 their ID aOrdanCe wyth th¢ Filwill Rcwrting Stath wlick ID the UK and Republic of ireland (FRS 102) l¢ffextive I Januwy 2019y. Financi Rewiin8 Sl•)dard 102 Th¢ Fir]11 R¢p(rtthÉ StandTd aFplicablc ID the UK and Rq>ublic of Irekn& 2nd the tharities Aa 201 l. The finwcial hav¢ bccn PTcpar¢d utsdcr ts bi#oric41 et•¢ eM¥entio All incrnie is rttognised in th¢ St•taD)t of Fintincial Actiities mc¢ tk ¢hariry ethtiikmt4tt to ihe fiJftd8. it 1$ pr&bl¢ IFot the irKA)DK will be ttr¢Ir th¢ am(rt]ot rth be rcliably Exptndlt4Y¢ Liabilitios ere ffcwiseAI 18 ex¥10]18 SO a8 there is a i¢yt orcMslructlve obJi8AIioD ryl]nmittin the ¢harity to ¢xpendiitw¢ it 1$ prob that a trsfer of emxortiK b¢nEfit5 wiu bc rewuir&l in gettiemenl and th¢ omount of the obliWioD b¢ m¢wTtd reIbty. E%tMditu is wLx)uoted for on In 8eawils b8sis and hu W ¢11fic4 heJin8s thgt all ¢t relta to the ute80ry. $ts be diredly io ptilIThead1llgs they h¥v¢ been dlo¢4¢d to octiYi¢ie8 on a t1& •1¢nI with th¢ uy¢ ofr¢sour¢¢& offered gAbi% whith hJv¢ beeD at the y¢• ¢nd tht¢ •r¢ noted ai o The ¢hwity 18 exernF4 frll its ¢trw4t•bk ac4ivitie& Fd •¢eo¥ll Unrestricted fund5 C b• used in with the thorithbk obieakV¢5 •t th¢ disurfion of t Rutri¢¢th4 funds ¢an b¢ foT Parlichr rtJtri¢thd purpose8 With the objt5 of the ¢harity. RtstriLions uije when syifiwj by tho dontyoFwbM fillth art rnised fryparttcular lertrid pury$. Fwthet exp1MlCO of th¢ Tpt of ¢•th tond 1$ 5ncbthl in th• to the Debt• Basi¢ finan¢id #s• illchk4in8 and other inrlially rwognis(Al transaction price. esent value of the ffithjre receiFls dixo at a Ttrket r* of iMg¥uL Sucb subsWiY at wnortis¢d u5iD8 theetruaive inr¢re5t rD¢th ]w any impirment. Page l2 Continued...
i Pthl Fouthdatioth Not¢5 to the FinaD¢iaI Stst¢m¢nts- ntInUed foT the Ye4r Ended 31 March 2025 ACCOUNTINC POIACIL8- e•Ath•¢d crh0rj B&si¢ li8bilitie4 and other frthD thinl I¢$ knd from related parties. are illitialfy rwllis¢d at ryic4 uinless the arr8n8anent CODA1te$ a fAnCing trans&tiw WI¢ ihe debt ItrUme is me4sur•l at th¢ valD¢ of th¢ finure ptyments Rellitd P•rty Nol¢ DONATIONS AND LEGAC Pttiod 1814123 Var E*knd 3113ns 31nr24 CHARITABLE A1VITIEs COSTS Gr{ finlD8 of Activiiies Supp)rt (se¢ note sts (ge¢ 4) ote S) Totsjs CtrLwitsbk ¢•Jt 342.IIN) 342,IOD 344100 34S7( Poge 13 ntinued...
Ma i Patel Foundation theFi the Year Ended 31 20 GRAritS PAYABLE l814t23 Yur E 3V3ns 3113124 34LJIO The tirt•l paMI to ti78tiiuticms tsius th¢)wwuAs follow&. Pcrnd IW4123 Yur ZNdt4 3J13f2S 3113124 R¢li¢fTh Ma¢y io Humantty Al.ImdBkd Foundation UK Al.KIlT Edu WelrE TD Jwnea Al K8uth¥ Jgmi&tus Saliht J.l.Q Blllasutb UK Munshi IbJ# UK Simply Aid ke¢za T91 Vriow to indivithJ•]8 Vlriuth donati( io illiiuti( 2SthI 33J( 15. 10.0 20,1)(•) The totsl paidto tAdilutiLMi Ouin8 th¢)Yw in tfflD6 0(proi¢Lts Js follows: 3JJ.25 31J.24 Hydship Su#81nle livelihood FAlu¢ion Hou*n8 76JMI 10.0 25J 341 Pw14 continued..
' Patel Fowxlation No*s to the FiDarKial StstemenL8- for the Year Etml SUPPORT COSTS AuDoRs, REMUNWTJ(Y4 Pttiod IW4ll3 to 3113n4 Y¢•r EDd•d 311Jns Fees Y#ble tothe ehirity9alltots for the 11 of thB Chty5 fithancial stslemthts TRIJSTELS, BIMUNERATION AND BENEFITS Thern ww¢ no trust¢es' remunwthoA w otbts b¢ttfits the yur ended 31 Mor¢b 2025 ttLY fv th¢ peri(xl ¢nded 31 Marth 2024. Thut w•rB Inylerf ¢xpuJ8e8 paid ftr the yev 31 M•fth 21r25 for thè rrtK41 ended 31 Marth2024. COMPARATIVLS FOR THE STATEMEf4TOF FINANCL4L ACnVITIL8 Total NET INCOME TOTAL FUNDS CARIUED FORWARD P4ge 15 CODtinued...
atel Fo dati CREDITORS: AMoufiTS FALLIIYG DUE wrrHIN ONE YEAR 31J25 31.324 10. MOVEMtyf IN FUNDS Net movM)ent in fu]th Ai 3113f25 At 114r24 U4T•Jtrk¢¢d fumds {3.600 13000) Re8tr1LX futtd 780JI8 718 TOTAL FUNDS 717Jll 777018 Net movement in incl in the thv¢areAs follo. l*comin8 Rewur¢es Mov¢ment expended in funds U#re¥lrkted fvnds {3hO•) Rostrkt¢d R¢stnded fid 1.123,011 (342,IW) 7rt911 TOTAL FUNDS 1,123.018 (34S7 777Ji8 The restrictd fi)d$ ¢arrKd forward ¥•t 31# Much 2025 all TchtotQ 7Jkat wbi¢h iyto usthl towards imwovitt8 the lives of Pr ple. P•8e 16
he Th¢ tsity T¢rtiv donati of £l.I10.th) (2024: NID atsd their rd•ted during th¢ye•r ¢od>J 314 March 2025. 12. KEY MANAGEMENT PERSONNEL Page 17
Period 1814n3 311Jn5 3113rd4 INCOME AND EJ¥DOWMENrs Donions I.ILI,1118 Tol•l I¢oblNI ru•urY EXPENDITURE Carftsble Aetlvllkg Grants to institutions 3411 Support ¢wl• Al1[(, reJnun¢Mion 34S7•0 777J18 This p8g¢ not form w of the • fin1rKi ststements Pa8¢ 18