Charity Number 1203324
Babu Allah Dita Foundation
Forecasted Financial Accounts
for the year ended
31 December 2023
AMS Accountants ESJ Accountants 4 4 Raleigh House Raleigh House ~~Admirals Way~~ Admir ~~Canary Wharf~~ al Way, Canary Wharf London
Babu Allah Ditta Foundation
Contents
| Page | |
|---|---|
| Legal and administrative information | 1 |
| Statement of Trustees Responsiblities | 2 |
| Trustees' Annual Report | 3-4 |
| Statement of financial activities | 5 |
| Independent examiner's report to the trustees of the charity | 6 |
| Balance sheet | 7 |
| Notes to the accounts | 8-9 |
Babu Allah Ditta Foundation Legal and administrative information
Trustees
Abid Hussain Allah Ditta Aqif Hussain Asif Hussain Principal Address Arthur Shayagardanov Else-marie Boyd12-14 Leagrave Road Luton LU4 8HZ
Registered Charity Number
1203324
Independent Examiner
ESJ Accountants 4 Raleigh House Admirals Way, Canary Wharf ~~London~~ E14 9SN
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Babu Allah Ditta Foundation
Statement of Trustees Responsiblities for the year ended 31 December 2023
The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting polices and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is appropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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Babu Allah Ditta Foundation Trustees' Annual Report ~~for the year ended 31 De~~ cember 2023
The Trustees present their report and accounts for the period ended 31 December 2023.
The accounts have been prepared are forecasted in accordance with the accounting policies set out in note 1 to the accounts and comply with the Charity's [governing document], the Charities Act 2011 and the Statement of Recommended Practice, financial policies, issued in March 2005.
Structure, governance and management
The charity is an incorporated charity, governed by its Trust Deed dated 31 May 2023.
The Trustees who served during the period were:
Abid Hussian Allah Ditta Aqif Hussain Asif Hussain
Recruitment and appointment of new trustees
Recruitment and information packs are available to enable active recruitment of new members for the charity.
Potential new members are invited to attend the quarterly meeting of the Board of Trustees and meetings are initially held with committee to ensure a full briefing and understanding of the charity and trustee role. Where specific training is required this is co-ordinated by the board of trustees to ensure that all members have the necessary attributes to be involved with the charity.
Organisational structure
The structure of Babu Allah Ditta Foundation consists of a management team and a Council of Management.
The charity is controlled by the trustees who make up the Council of Management.
The members of the Council of Management and trustees of the charity during the year are all as set out on the charity information page.
The Council of Management meetings have a two tier approach. Full meetings are held quarterly with a full agency report. Quarterly sub meetings to consider key issues of personnel, finance and performance support for the main meetings.
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Babu Allah Ditta Foundation Trustees' Annual Report
for the year ended 31 December 2023
Objectives and activities
Babu Allah Ditta Foundation was established in 2023 with the purpose to alleviate poverty and suffering to those less fortunate, provide relief and aid to victims of disasters, to promote educational educational activities, to facilitate access for healthcare and legal aid in the future.
~~The aim of the charity is to~~ educate the members and others in the relief of the vulnerable populations by improving the quality of care.
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake.s for provide relief and aid to victims of disasters, to promote educational activities, to facilitate
Achievements and performance
The charity has not started any activities yet. The charity had donations for the year of £0.00. The net funds of the charity during the year was £0.00.
Financial review
Once charitable activities have started, the board of trustees' policy is to accrue a level of reserves to ensure continual functioning of the charity through funding delays or unforeseen events. The minimum amount required would need to cover general operating costs for a period of no less than three months.
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Babu Allah Ditta Foundation
Independent examiner's report to the trustees of Babu Allah Ditta Foundation (Charity No. 1203324)
We report on the accounts of the charity for the year ended 31 December 2023.
Respective responsibilities of 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 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is our responsibility to:
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examine the accounts under section 145 of the 2011 Act;
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to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
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to state whether particular matters have come to my attention.
Basis of Independent Examiner's Report
Our examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or 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 statement below.
Independent Examiner's Statement
In connection with our examination, no matter has come to my attention:
1 which gives me reasonable cause to believe that in, any material respect, the requirements: - to keep accounting records in accordance with section 386 of the Companies Act 2006; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met; or
2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
ESJ Accountants
Accountants and Business Advisors
4 Raleigh House Admirals Way Canary Wharf London E14 9SN
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