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2024-12-30-accounts

Turning Pages Foundation

Trustees’ Annual Report

For the year ended 31 December 2024

Reference and Administrative Information

Trustees (at year-end) Role Name Chair Shaheen Zaman-Khan Trustee Mahreen Jahangir Trustee Hina Din Trustee Tahreem Elahi

Structure, Governance and Management

Turning Pages Foundation is governed by its constitution as a registered charity in England and Wales.

The Trustees are responsible for governance, strategy, compliance, and ensuring charitable objectives are delivered effectively.

Objectives and Activities

The charity’s mission is to improve literacy, expand access to reading materials, and foster a culture of education for disadvantaged children and communities both in the UK and overseas.

Activities include:

The Trustees confirm they have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission.

Achievements and Performance

This first reporting year has seen Turning Pages Foundation deliver impact across the UK, Pakistan, and Bangladesh:

  1. Book Distribution in the UK – books donated to food banks across South London.

  2. Overseas Book Donations and Collaborations – books supplied to Bali Orphanage (Lahore) and partnership with Mama Welfare Organisation to support Second Chances School (Peshawar), including provision of curriculum books via Roshan Learning Pakistan.

  3. Fundraising Events in the UK – Spill the Chai mornings and Iftar dinners raising funds for a school in Sargodha, Pakistan.

  4. Support During Natural Disasters – contributed to purchase of boats for BRAC School Horinapnti (Bangladesh) after flooding; sent relief funds for flood victims in Swat and Buner, Pakistan.

Financial Review

Plans for the Future

Statement of Trustees’ Responsibilities

The Trustees are responsible for preparing the Trustees’ Annual Report and financial statements in accordance with the Charities Act 2011. They must ensure that:

Approved by the Board of Trustees on 31/12/2024

and signed on its behalf by:

________ Shaheen Zaman-Khan Chair of Trustees

Turning Pages Foundation

Annual Report for the Period Ended 30 December 2024

Registered Charity Number: 1208049

Date: 26/10/2025

Prepared by: The Trustees of Turning Pages Foundation

Improving literacy, promoting reading, and increasing access to books for children and families.

Trustees’ Annual Report

The trustees present their report and the unaudited financial statements for the first year of operation. The report has been prepared in accordance with the Charities Act 2011 and applicable guidance from the Charity Commission.

Objectives and Activities

Turning Pages Foundation aims to improve literacy, promote reading, and increase access to books for children and families. In our first year, we distributed books to schools and community groups, supported literacy events, and raised awareness of reading initiatives.

Achievements and Performance

During the year, the charity successfully launched its first reading campaign, distributed over 1,000 books, and established partnerships with two local schools.

Financial Review

Income for the period totaled £3,366 primarily from donations, small grants, and an interest free trustee’s loan of £2,053 at the beginning of the year. Expenditure amounted to £4,234, mainly for book purchases and community activities. The closing cash balance at year end was £1,185, with £2,053 outstanding as a trustee loan.

Reserves Policy

The trustees aim to maintain a modest reserve to ensure the sustainability of future activities. The current reserves of £1,185 are deemed sufficient for planned operations.

Structure, Governance and Management

The charity is an unincorporated association governed by its constitution adopted on 29/04/2024. Trustees are appointed in accordance with the constitution. No trustee received any remuneration or reimbursement during the period.

Independent Examiner

As income was below £25,000, the charity was not required to have an independent examination this year.

Approved by the Board of Trustees on 26/10/2025 and signed on its behalf by:

Signature: ______ Name: Shaheen Zaman-Khan Position: Trustee

Receipts and Payments Account (Profit and Loss statement)

For the period 29 April 2024 – 30 December 2024

Receipts £
Trustee's loan received at beginning of year
(interestfree)
£2,053
Donations and grants from charitable
activities
£3,366
Other income -
Total Receipts (£) £5,419
Payments
Charitable activities £4,234
Repayment of trustee's loan -
Total Payments (£) £4,234

Net receipts (payments): £5,419-£4,234= £1,185

Cash funds at start of year: £0

Cash funds at end of year: £1,185

Statement of Assets and Liabilities (Balance sheet)

As at 30 December 2024

As at 30 December 2024
Assets
Cash at Bank/in hand £1,185
Otherassets (ifany) -
Total Assets (£) £1,185
Liabilities
Trustee's loan balance (interest-free) £2,053
Other liabilities (if any) -
Total Liabilities (£) £2,053
Funds
Unrestricted funds accumulated (deficit) £ (868)
Total Funds (£) £(868)

Notes to the Accounts

1) Basis of Accounting

These accounts have been prepared on the receipts and payments basis, in accordance with the Charities Act 2011 and the Charity Commission’s guidance for charities with gross income under £250,000.

This means that income and expenditure are recorded when money is actually received or paid, rather than when it is owed.

2) Trustee’s Loan

Trustees provided an interest-free loan of £2,053 to assist with the initial setup and start-up activities of the charity. The loan is unsecured and repayable only when sufficient funds are available.

No interest or remuneration is payable to the trustee in respect of this loan.

3) Reserves

At the year end, the charity held £1,185 in cash. After accounting for the trustee’s loan, the charity’s net fund position shows a deficit of £ (868). The trustees consider this deficit acceptable, as it reflects start-up funding provided by a trustee and anticipate that the balance will be repaid as future income allows.

4) Related Party Transactions

Apart from the interest-free loan disclosed in Note 2, no other trustees received any remuneration, expenses, or other benefits during the financial period. There were no other related party transactions requiring disclosure.