The Basic Necessities Foundation Annual Report 30 June 2025 Charity No. 1203788 ## **The Basic Necessities Foundation Contents** ||**Page**| |---|---| |Trustees' Report|1| |Statement of Financial Activities|2| |Balance Sheet|3| |Notes to the Financial Statements|4| **The Basic Necessities Foundation Trustees' Report** ## **Legal and administrative status** The Basic Necessities Foundation was constituted under a trust deed dated 29 June 2023 & is registered as a charity under number 1203788. It is also registered as a Charitable Incorporated Organisation under company number CE032827. ## **The Objectives of The Basic Necessities Foundation** The objects of the charity are to relieve finacial hardship amongst widows,poor people and others in financial hardship by means of, but not exclusively, making grants for providing or paying for items of equipment, services and facilities, including the provision of food and other necessities,livelyhood programmes, costs for attending schools and costs for medical treatment for the benefit of the said persons;to advance the religion of Islam by means of, but not exclusively, assistance in the provision of facilities for worship and Islamic education in accordance with the teachings of the Quran and the teachings of Prophet Muhammad (PBUH) as interpreted and accepted by the Ahle-Sunnah Wal-Jamma Ah School of thought. ## **Trustees** The Trustees are as follows :- Mudassir Yakub Fardeen Ebrahimmiya Sau Mustaina Yakub ## **Registered office** The registered office is Unit B1,20 Lewisher Road, Leicester. LE4 9LR ## **Risk management** The trustees have a risk management strategy which includes an annual review of the risks the charity faces and the establishment of systems and procedures to mitigate those risks and implementation of procedures designed to minimise any potential impact on the charity should those risks materialise. ## **Reserves policy** The trustees aim to ensure that sufficient funds are maintained to enable the charity to carry out its activities. ## **Results for the year** The charity recorded a deficit of £23,106 (2024:surplus of £35,592) for the year.The detailed results are set out in the attached financial statements. By order of the Trustees Mudassir Yakub Trustee mudassir yakub mudassir yakub (Apr 28, 2026 09:03:15 GMT+1) 27 April 2026 1 ## **The Basic Necessities Foundation** ## **Independent Examiner's Report to the Trustees of The Basic Necessities Foundation** I report on the accounts of The Basic Necessities Foundation for the year ended 30 June 2025, which are set out on pages 3 to 5. ## **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(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to examine the accounts under section 145 of the 2011 Act; 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 to state whether particular matters have come to my attention. ## **Basis of independent examiner's report** My examination was carried out in accordance with 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 you as 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 my examination, no matter has come to my attention: i) which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 130 of the 2011 Act; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act, have not been met; or ii) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. N J Sacranie Leicester Commercial Accountants Unit C (1st Floor Offices) 122 Bridge Road Leicester LE5 3QN 27 April 2026 2 ## **The Basic Necessities Foundation Statement of Financial Activities for the year ended 30 June 2025** |**Notes**
**Incoming Resources**
Donations
1
**Resources Expended**
**Direct Charitable Expenditure**
Donations to charitable causes
Other legal and professional
Bank charges
**Net (Outgoing)/ Incoming Resources**|**2025**
**£**
52,538
74,992
650
2
75,644
(23,106)|**2024**
**£**
41,037
4,785
650
10
5,445
35,592| |---|---|---| 3 ## **The Basic Necessities Foundation Balance Sheet as at 30 June 2025** |**Notes**
**Current assets**
Cash at bank and in hand
Current liabilities
**Net current assets**
**Net assets**
**Represented by**
Accumulated Funds
At beginning of year
Net (deficit)/surplus|**2025**
**£**
13,136
650
12,486
12,486
35,592
(23,106)
12,486|**2024**
**£**
36,242
650
35,592
35,592
-
35,592
35,592| |---|---|---| These accounts were approved by the Trustees. Signed on behalf of the Trustees ## mudassir yakub **Mudassir Yakub** mudassir yakub (Apr 28, 2026 09:03:15 GMT+1) Trustee 27 April 2026 4 ## **The Basic Necessities Foundation Notes to the Accounts for the year ended 30 June 2025** ## **1 Income and Expenditure analysis** |**Income**
Donations
Total
**Direct Charitable Expenditure**
Donations to charitable causes
**Legal and professional costs**
Other legal and professional
**Other finance charges**
Bank charges|**2025**
**£**
52,538
52,538
73,892
650
2|**2024**
**£**
41,037
41,037
4,785
650
10| |---|---|---| ## **2 Accounting policies** The accounts have been prepared under the historical cost convention and have been drawn up in accordance with the Statement of Recommended Practice (SORP) - "Accounting and Reporting by Charities" issued by the Charity Commissioners in England and Wales. ## **Donations received** Donations are accounted for on a receipts basis. ## **Resources expended** Expenditure is included on an accruals basis. ## **Funds** Funds comprise unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. ## **3 Trustee remuneration** No trustees received any remuneration during the year. 5 ## Accs 2025 The Basic Necessities Foundation Final Audit Report 2026-04-28 Created: 2026-04-27 By: navsar sacranie (njsacranie@gmail.com) Status: Signed Transaction ID: CBJCHBCAABAAQmSbNGpBrShOsbp48xY83kGvX2JrORdj ## "Accs 2025 The Basic Necessities Foundation" History Document created by navsar sacranie (njsacranie@gmail.com) 2026-04-27 - 22:38:04 GMT- IP address: 82.20.124.208 Document emailed to Maliha Yakub (yakub.liberty@gmail.com) for signature 2026-04-27 - 22:38:47 GMT ## Email viewed by Maliha Yakub (yakub.liberty@gmail.com) 2026-04-28 - 08:01:23 GMT- IP address: 66.249.93.78 Signer Maliha Yakub (yakub.liberty@gmail.com) entered name at signing as mudassir yakub 2026-04-28 - 08:03:13 GMT- IP address: 185.31.169.118 ## Document e-signed by mudassir yakub (yakub.liberty@gmail.com) Signature Date: 2026-04-28 - 08:03:15 GMT - Time Source: server- IP address: 185.31.169.118 ## Agreement completed. 2026-04-28 - 08:03:15 GMT