## **Trustees’ Annual Report and Accounts For the Financial Period 2024–2025**
## **Reference and Administrative Details**
**Charity name:** Sadaqah Aid Foundation **Charity registration number:** 1206842
**Registered address:** 214 Jubilee Street, London E1 3BS
## **Trustees**
The trustees who served during the financial period were:
- Sahid Ahmed
- Salma Begum
- Parbena Khanom
## **Bankers**
Lloyds Bank
## **Structure, Governance and Management**
## **Governing document**
Sadaqah Aid Foundation is governed by its constitution, under which the trustees are responsible for the overall management and strategic direction of the charity.
## **Trustee appointment and induction**
Trustees are appointed in accordance with the charity’s governing document. New trustees receive an induction covering their legal responsibilities, the charity’s objectives, and its ongoing activities.
## **Risk management**
The trustees have assessed the major risks to which the charity is exposed and are satisfied that systems and procedures are in place to mitigate these risks. Given the charity’s small scale of operations during the period, risks were limited and kept under regular review by the trustees.
## **Objectives and Activities**
## **Charitable objectives**
The charitable objectives of Sadaqah Aid Foundation are to relieve poverty and hardship and to provide humanitarian assistance to those in need in Bangladesh.
## **Activities during the period**
During the financial period 2024–2025, the charity focused on establishing its operational foundations, including governance arrangements and initial fundraising. No charitable expenditure was incurred during the period.
## **Achievements and Performance**
The charity generated initial income during the period but did not undertake programme delivery or incur expenditure. The trustees consider this period to be a foundational phase, enabling future charitable activities.
## **Financial Review**
## **Income and expenditure**
Total income for the financial period amounted to **£1,592** . No expenditure was incurred during the period.
## **Reserves policy**
The trustees have not yet established a formal reserves policy. Given the charity’s early stage of development, all funds are currently held to support future charitable activities.
## **Plans for future periods**
In the next financial period, the trustees plan to commence charitable activities in line with the charity’s objectives and to deploy funds raised towards programme delivery.
## **Public Benefit**
The trustees confirm that they have complied with their duty under section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s public benefit guidance when reviewing the charity’s aims and activities.
## **Statement of Trustees’ Responsibilities**
The trustees are responsible for preparing the Trustees’ Annual Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (UK GAAP), including the Charities SORP (FRS 102).
The trustees are required to: - Keep proper accounting records - Prepare accounts which show a true and fair view of the charity’s financial position - Safeguard the assets of the charity and take reasonable steps to prevent fraud and other irregularities
## **Accounts Statement of Financial Activities (SoFA)**
For the period ended 31 March 2025
||Unrestricted Funds|£|
|---|---|---|
|**Income**|||
|Donations and gifts||1,592|
|**Total income**||**1,592**|
|**Expenditure**|||
|Charitable activities||0|
|**Total expenditure**||**0**|
|**Net income**||**1,592**|
Balance Sheet
## As at 31 March 2025
|Balance Sheet
As at 31 March|
2025|
|---|---|
||£|
|**Current assets**||
|Cash at bank|1,592|
|**Total assets**|**1,592**|
|**Liabilities**||
|Total liabilities|0|
|**Net assets**|**1,592**|
## **Notes to the Accounts**
## **1. Accounting policies**
The accounts have been prepared on a receipts and payments basis under the Charities Act 2011 and in accordance with the Charities SORP (FRS 102) applicable to small charities.
## **2. Funds**
All funds held at the period end are unrestricted funds.