Charity registration number: 1207869
## Hasan Ahmed Foundation CIO
Annual Report and Financial Statements
for the period from 16 August 2024 to 31 March 2025
Riaz Ahmad & Co. Chartered Certified Accountants & Registered Auditors Lord House 51 Lord Street Manchester M3 1HE
## **Hasan Ahmed Foundation CIO**
## **Contents (continued)**
|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2 to 3|
|Statement of Trustees' Responsibilities|4|
|Accountants' Report|5|
|Statement of Financial Activities|6|
|Balance Sheet|7|
|Notes to the Financial Statements|8 to 9|
## **Hasan Ahmed Foundation CIO**
## **Reference and Administrative Details**
**Chairman** Mr Nissar Ahmed **Trustees** Mr Nissar Ahmed Miss Safa Ahmed Ms Natasha Aliya Mrs Mehnaz Ahmed **Charity Registration Number** 1207869 **Principal Office** 43 Kensington Road Coppice Oldham OL8 4BZ **Auditor** Riaz Ahmad & Co. Chartered Certified Accountants & Registered Auditors Lord House 51 Lord Street Manchester M3 1HE
Page 1
## **Hasan Ahmed Foundation CIO**
## **Trustees' Report**
The trustees present the annual report together with the financial statements of the charity for the period ended 31 March 2025.
## **Objectives and activities**
## _**Objects and aims**_
The prevention or relief of poverty in South Asia by providing: grants, items and services to individuals in need and/or charities, or other organisations working to prevent or relieve poverty
## _**Objectives, strategies and activities**_
We are in the early stages and are still planning a strategy for the future.
## _**Public benefit**_
The Prevention Or Relief Of Poverty
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
## **Financial review**
The charity has only began activites and as such has a reserve of £500.
## **Going concern**
The trustees have not identified any uncertainties about the charity continuing as a going concern.
## **Structure, governance and management**
## _**Nature of governing document**_
Charitable Incorporated Organisation – Foundation model – whereby the only voting members are the charity trustees. We have adopted the charity commissions model constitution to ensure we comply with the Charities Act 2011 and the General regulations. This helps us to ensure we:
• Reflect recommended best practice and are legally compliant
## _**Recruitment and appointment of trustees**_
Trustees are appointed for their individual knowledge, experience and skills that are considered essential to ensure the charity’s effective administration and its continued sustainability, growth and development. Trustees are appointed by the board of trustees in a properly convened meeting.
The annual report was approved by the trustees of the charity on 12 January 2026 and signed on its behalf by:
Page 2
## **Hasan Ahmed Foundation CIO**
## **Trustees' Report (continued)**
......................................... Mr Nissar Ahmed Chairman and trustee
Page 3
## **Hasan Ahmed Foundation CIO**
## **Statement of Trustees' Responsibilities**
The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.
The law applicable to charities requires the trustees to prepare financial statements for each financial period 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:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
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 Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The trustees 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.
The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Approved by the trustees of the charity on 12 January 2026 and signed on its behalf by:
......................................... Mr Nissar Ahmed Chairman and trustee
Page 4
## **Chartered Accountants' Report to the Trustees on the Preparation of the Unaudited Statutory Accounts of Hasan Ahmed Foundation CIO for the Period Ended 31 March 2025**
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Hasan Ahmed Foundation CIO for the period ended 31 March 2025 as set out on pages 6 to 9 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/ rules-and-standards/rulebook.htm.
This report is made solely to the board of directors of Hasan Ahmed Foundation CIO, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Hasan Ahmed Foundation CIO and state those matters that we have agreed to state to the board of directors of Hasan Ahmed Foundation CIO, as a body, in this report, in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hasan Ahmed Foundation CIO and its board of directors as a body for our work or for this report.
It is your duty to ensure that Hasan Ahmed Foundation CIO has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and of Hasan Ahmed Foundation CIO. You consider that Hasan Ahmed Foundation CIO is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Hasan Ahmed Foundation CIO. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
......................................
Riaz Ahmad (FCCA)
12 January 2026
Page 5
## **Hasan Ahmed Foundation CIO**
## **Statement of Financial Activities for the Period from 16 August 2024 to 31 March 2025**
|**Note**
**Income and Endowments from:**
Donations and legacies
Total income
**Expenditure on:**
Net income
Net movement in funds
**Reconciliation of funds**
Total funds carried forward
7|**Unrestricted**
**funds**
**£**
500
500
500
500
500|**Total**
**2025**
**£**
500|
|---|---|---|
|||500|
|||500|
|||500|
|||500|
All of the charity's activities derive from continuing operations during the above period.
The notes on pages 8 to 9 form an integral part of these financial statements. Page 6
## **Hasan Ahmed Foundation CIO**
## **(Registration number: 1207869) Balance Sheet as at 31 March 2025**
|**Note**
**Current assets**
Cash at bank and in hand
6
**Funds of the charity:**
**Unrestricted income funds**
Unrestricted funds
**Total funds**
7|**2025**
**£**
500|
|---|---|
||500|
||500|
The financial statements on pages 6 to 9 were approved by the trustees, and authorised for issue on 12 January 2026 and signed on their behalf by:
......................................... Mr Nissar Ahmed Chairman and trustee
The notes on pages 8 to 9 form an integral part of these financial statements. Page 7
## **Hasan Ahmed Foundation CIO**
## **Notes to the Financial Statements for the Period from 16 August 2024 to 31 March 2025**
## **1 Accounting policies**
## **Receipts and Payments Accounts**
Receipts and payments accounts are statements that summarise the movement of cash into and out of the organisation during the financial year. In this context “cash” includes cash equivalents, for example, bank accounts where cash can be readily withdrawn to pay for debts as they become due.
The trustees have chosen not to prepare accruals based accounts as the income did not exceed £250,00 in the annual accounting for the year ended 31st of March 2023. As such the financial statements were prepared on the basis of ‘receipts and payments’, and not in accordance with the Charities SORP (FRS 102).
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
## **Fund structure**
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.
## **2 Income from donations and legacies**
|Donations and legacies;
Donations from individuals
**Total for period ended 31 March 2025**|**Unrestricted**
**funds**
**General**
**£**
500
500|**Total**
**funds**
**£**
500|
|---|---|---|
|||500|
## **3 Net incoming/outgoing resources**
Net incoming/outgoing resources for the period include:
**2025 £**
## **4 Trustees remuneration and expenses**
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
Page 8
## **Hasan Ahmed Foundation CIO**
## **Notes to the Financial Statements for the Period from 16 August 2024 to 31 March 2025 (continued)**
## **5 Taxation**
The charity is a registered charity and is therefore exempt from taxation.
## **6 Cash and cash equivalents**
Cash at bank
## **7 Funds**
## **Unrestricted funds**
General
**----- Start of picture text -----**
2025
£
500
Incoming Balance at 31
resources March 2025
£ £
500 500
**----- End of picture text -----**
## **8 Related party transactions**
There were no related party transactions in the period.
Page 9
## **Hasan Ahmed Foundation CIO**
## **Statement of Financial Activities by fund for the Period from 16 August 2024 to 31 March 2025**
|**Income and Endowments from:**
Donations and legacies
Total income
**Expenditure on:**
Net income
**Reconciliation of funds**
Total funds carried forward|**Total**
**Unrestricted**
**Funds**
**2025**
**£**
500|
|---|---|
||500|
||500|
||500|
This page does not form part of the statutory financial statements. Page 10
## **Hasan Ahmed Foundation CIO**
## **Detailed Statement of Financial Activities for the Period from 16 August 2024 to 31 March 2025**
|**Income and Endowments from:**
Donations and legacies (analysed below)
Total income
**Expenditure on:**
Net income
**Reconciliation of funds**
Total funds carried forward|**Total**
**2025**
**£**
500|
|---|---|
||500|
||500|
||500|
This page does not form part of the statutory financial statements. Page 11
## **Hasan Ahmed Foundation CIO**
## **Detailed Statement of Financial Activities for the Period from 16 August 2024 to 31 March 2025 (continued)**
|**_Donations and legacies_**
Appeals and donations|**Total**
**16 August 2024**
**to 31 March**
**2025**
**£**
500|
|---|---|
||500|
This page does not form part of the statutory financial statements. Page 12