II'ULATI F"OIJliDATION CFlIllllTY Nu1BR 1208376 ST,ITr.Iir,NT or ACCOU)'TS I,-OR'I'III,; ])I,:RIOI) IID 2.1 NT,I1' 2n?4 TC) ST 31 Dr.crTriBr.R 2()24
11 IJLAII I,-()IJPil)ATIOIN CllIKllI-ri: rs IJ71}1,"lI 12()8376 CONTENTS PAGE Legal and administrative infoi"Ination Report of tlie Trustees Indepcndcnt Examiner's Report Stateinent of Financial Actii'ities Balaiice Slicct Notes f"orn]ing part of the fiIiancial statciiients
II'ULAII I,'OUNDA'I'IC)IN CHFIRITY NUMBER: 1208376 TRUSTEES: DR MOHD RAMZAN TELI KIIALID TELI ADFER JAN PRtNCIPAL LOCATION: 73 CROIMIITELL STREET NOTTtNGHAM NG7 4GJ tNDEPENDENT EXAkIINERS: SITD & CO 33 BENTtNCK ROAD NorrINGHAM NG7 4AA BANTKERS: LLOYDS TSB 12-16 Lower Parliament Street Nottingliam NGI 3DA
IVIJLAII II()ITNI)ATION Cllillll'fi, NUMiir,1112()8376 Iir.I'oii'i' ()1, I'l I r, "I'lllJfi"I'l:, li ,% FOR THE pr.111()l) I:, Nl)F,l) 31, 1)r.cTr:MBf.R 2024 Tlie truslces present tlieir report togeiher witli thc financial statements of the charity st for tlic pcriod endLd 31 DLceinbci' 2024. 1.hc trustees confinn that the financial statemcnts have been prepared in accordc2nce with the accounting policies set out on pagiL 6 and comply with the charity's trust dccd, the Charities Act 2011 and the Charities SORP 2005. Refcrcnce 'incl A(Iniini.strdqtion inform<qtion The Charity Ivas founded in 2024 and is registered with the Charity Commission under charit), numbcr 1208376. Details of the charity's trustees, the princip(21 address of tlie charity and details of the Charity's advisers are given on pagye l. Structurc CJOI'ern.qnce and Mana ement:_ Wullar Fouiidation is a charitable Incorporated Orgyanisation (CIO). It is managed by a board of three trustees. The charity does not employ staff and is governed in accordance M;ith its constitution registered with tlie Charity Commission. Ob'ectii"es and Actiiritie.s The charity's objects are: To advance health by establishing, operating and maintaining a charitable hospital in District Barainulla, Jammu and Kashmir, India providing hi(yh quality and accessible carL to less privileged POPLilations. To advance education by supportingT edLicational programs, scholarships and projects for disadvantagTed coinmunitics in District BaramUl1 Jummu ]d KashInir, India. AchieN'ement.S <in(I l)erfoi"mdinLe The charity .SLiccessfLilly raiscd and cipplied fLincl.s towiirds siipporting the hospital projecl in Bclrainulla, India. Eqiiipiiiciit aiid I'esoui'cLS were prociired to strengthen healtlicare access t.or the Ioccil coiiiiiiuiiily. "I"IIis NV1cS tlie charity's first year of operation, layijig IoLiiidcltic)ns loi. l LIILII'L PI"OjLLts iii b()Ili IILcllth cond ediication.
INI)r,PlNI)r,NT r,XAMINEII RfpoRT TO TFif TIIIJSTEf.s OF IVUI,AR fouNDATION CHAIIITY NUIVIBf.R 1208376 st Report to Ihe trustees of WULAR FOUNDATION on accounts for the year ended 31 December ?0?4, Il'liicli are set out on pages 3 to 6. cctii'e Rc.s onslibilities of Tru.stees and Inde endent Examiner As the Charity's trustees )'ou are responsible for the preparation of the accounts; you 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 folloiv the procedures laid down in the General Directions given by the Charity Commissioners under section 145 (5) (b) of the 2011 Act and state whether particular matters have come to my attention. Basis of Inde M), 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 you as trustees concerning any such malters. The procedures undertaken do not provide all the evidence that would be required in a full audit, and consequently I do not express an audit opinion on the accounts. endent Examiner's Statement Inde endent Examiner's Statements In connection Ivith my examination, no matters have come to my attention. l. Which gives nie reasonable cause lo believe that in any material respect the requirements to keep accounting records in accordance with Section 130 of the 2011 Act to prepare accounts which accord with these accounting records have not been me or 2. to which, in Iny opiiiion, atteiition slioiild bc drawn in order to enable a proper understan ol"Ihe accounls to be reached. Singed: Z. A. SYED rrA, fipA, rrTA. SYED & CO INDfi)ENDLN"I" EXAMINb.R 33 13FN"fiNCK ROAI) NofJ'iNCJJ4AM NG7 4AA
II'IILAR FOUNI)AI'ION CHAIIII'Y NUIIIBF,111208376 STIll'lNIINT OF f4 INANCIAL ACTIVITIES roil Tlll,: l)EI IIIOI) INDf.D 31, DI:, cfMBEII 2024 Notes 2024 lIiLoiiiinci Rcsoiircc.s Inconiin(7 Ilesources trom generated funds Voluntai"y Income- Donations 50,424 Gift Aid RecLived Total Incomin(y Resources 50,424 Resources r.. ended Cost of Charitable Actii'ities Di.strihution: Charitable purposes in India 15,520 CJni"ernancc Costs: Bank Chargyes 30 Total Resources Expended 15,550 Net Surplus for tlie Period 34,874
WULAII VOUNI)AI'ION CIIAIIII'Y NUIllBI,;II 112lLIlNCE 4illEKI' AS AT 31 DI,"CEfv113ER 2024 2024 FI,KED ASSETS CURRENT ASSETS Cash at Bank Loan 34,874 34,874 LESS: CURRENT LIABILITIES Creditors and Accruals NET CURRENT ASSETS 34.874 NET ASSETS 34,874 REPRESENTE[) BY: Unrestricted Fiinds J4,874 34,874 These accounts were approiied by: MII KIIALID I'ILI Ih 17 Septeiiiber 2025
II'IJLAII I,"OIJNDATION Cl IIllllTY IN IIINI IifR 121)8.17C) NOTI.(• TO Tiif li INANCIAI, STATEMENTS roii"I"Iic vI,:111()i) r.N'i)r.i) 31 1)ECF.MIIER 2024 .,ICCOUNTINC. I)()LICII,: Tlie fiiiancial slatciiients have been prepared under the charities Act 2011 on the historical Lost convcntion and in aLcordanLe IN'ith applicable accounting standards, the financial RLPOrting Siaiidard for siiialler Entities and the statement of recommended practice on IKccoiinting aiid Reporting Ch£lrities: the cliarities SORP 2005. DISTIIIBITTION To advance health by establishingy, operating and maintaining a cliaritablc hospital & providing educcltion by supportin(y educatioiial progyrams, scholarships and projects t.or disadvantagyed comniunities in District Baramulla, Jummu aiid Kasluiiir, India 15,520