Charity registration number: 1209255 **TRULY BELOVED TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD 23 JULY 2024 TO 30 JUNE 2025** ## **Truly Beloved Contents** ||**Page**| |---|---| |Reference and Administrative Details|1| |Trustees' Report|2| |Independent Examiner's Report|3| |Statement of Financial Activities|4| |Statement of Financial Position|5| |Notes to the Financial Statements|6—7| |The following pages do not form part of the statutory accounts:|| |Detailed Statement of Financial Activities|8| **Truly Beloved Reference and Administrative Details For the Period 23 July 2024 to 30 June 2025** |**Trustees**|Mr Parvij Chowdhury - Chair (appointed 23/07/2024)| |---|---| ||Ms Sidiqa Choudhury (appointed 23/07/2024)| ||Mr Jenny Louise Chodhury (appointed 23/07/2024)| |**Charity Number**|1209255| |**Principal Address**|1 Northdown Road| ||Welling| ||DA16 1NX| |**Independent Examiner**|Askir Ali Chartered Certified Accountants| ||Quilfords Limited| ||Chartered Certified Accountants| ||113 Romford Road| ||London| ||E15 4LY| Page 1 **Truly Beloved Trustees' Report For the Period 23 July 2024 to 30 June 2025** The trustees present their report and the financial statements for the period ended 30 June 2025. ## **Objectives and Activities** ## **Aims and Objectives** The principal activities are giving grants to families on low income to help them improving their disabilities , support children who have serious illness. ## **Financial Review** ## **Financial Position** ## **Funds in surplus** The charity received donations and income totalling £87,787. After payments of outgoing expenses totalling £63,715, the charity was left with a surplus of £24,072 for the year. ## **Structure, Governance and Management** ## **Governing Document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. The trustees' report was approved by the board of trustees and signed on its behalf by: Mr Parvij Chowdhury Trustee 07/01/2026 Page 2 ## **Truly Beloved Independent Examiner's Report to the Trustees of Truly Beloved For the Period 23 July 2024 to 30 June 2025** I report to the trustees on my examination of the accounts of Truly Beloved (the Trust) for the period ended 30 June 2025. ## **Responsibilities and Basis of Report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent Examiner's Statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and contents of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Askir Ali Chartered Certified Accountants 07/01/2026 113 Romford Road London E15 4LY Page 3 ## **Truly Beloved Statement of Financial Activities For the Period 23 July 2024 to 30 June 2025** |**Notes**
**INCOME AND ENDOWMENTS FROM:**
Donations and legacies
Charitable activities:
Other operating income
**EXPENDITURE ON:**
Charitable activities:
**3**
Charitable Activities
**NET INCOME**
**NET MOVEMENT IN FUNDS**
**RECONCILIATION OF FUNDS:**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**7**|**30 June**
**2025**
**Unrestricted**
**funds**
**£**
60,100
27,687| |---|---| ||87,787| ||(63,715)| ||24,072| ||24,072
-| ||24,072| The notes on pages 6 to 7 form part of these financial statements. Page 4 ## **Truly Beloved Statement of Financial Position As At 30 June 2025** |**Notes**
**CURRENT ASSETS**
Cash at bank and in hand
**Creditors: Amounts Falling Due Within One Year**
**6**
**NET CURRENT ASSETS (LIABILITIES)**
**TOTAL ASSETS LESS CURRENT LIABILITIES**
**NET ASSETS**
**FUNDS OF THE CHARITY**
Unrestricted Funds
**TOTAL FUNDS**
**7**
On behalf of the board
Mr Parvij Chowdhury
Trustee
07/01/2026|**30 June**
**2025**
**Unrestricted**
**funds**
**£**
24,822| |---|---| ||24,822
(750)| ||24,072| ||24,072| ||24,072| ||24,072| ||24,072| ||| The notes on pages 6 to 7 form part of these financial statements. Page 5 **Truly Beloved Notes to the Financial Statements For the Period 23 July 2024 to 30 June 2025** ## 1. **General Information** Truly Beloved is a charitable incorporated organisation registered with the Charity Commission, registered charity number 1209255. The principal address is 1 Northdown Road, Welling, DA16 1NX. ## 2. **Accounting Policies** ## 2.1. **Basis of Preparation of Financial Statements** The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. The charity is a Public Benefit Entity as defined by FRS 102. ## 2.2. **Fund Accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Designated funds comprise unrestricted funds that have been set aside by the trustees for a specific purpose. Restricted funds are to be used for specific purposes as laid down by the donor. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## 2.3. **Incoming Resources** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## 2.4. **Resources Expended** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## 2.5. **Taxation** The charity is exempt from tax as all its income is charitable and applied for charitable purposes. ## 3. **Analysis of Expenditure** |.
**Analysis of Expenditure**|||| |---|---|---|---| ||||**30 June**| ||||**2025**| ||**Activities**|**Support**|| ||**undertaken**|**costs**|| ||**directly**|(see note 4)|**Total**| ||**£**|**£**|**£**| |Charitable Activities|2,139|61,576|63,715| Page 6 **Truly Beloved Notes to the Financial Statements (continued) For the Period 23 July 2024 to 30 June 2025** 4. **Support Costs** |.
**Support Costs**|| |---|---| |Employee costs
Premises expenses
General administration|**30 June**
**2025**
**Charitable**
**Activities**
**£**
12,061
15,316
34,199| ||61,576| ## 5. **Average Number of Employees** Average number of employees during the period was: 1 6. **Creditors: Amounts Falling Due Within One Year** |.
**Creditors: Amounts Falling Due Within One Year**|| |---|---| ||**30 June**| ||**2025**| ||**£**| |Accruals and deferred income|750| |7.
**Movement in Funds**
**Unrestricted funds**
General:
General unrestricted fund
**Total funds**|**As at 23 July**
**2024**
**£**
-|**Income**
**£**
87,787|**Expenditure**
**£**
(63,715)|**As at 30**
**June 2025**
**£**
24,072| |---|---|---|---|---| ||-|87,787|(63,715)|24,072| ## 8. **Transactions with Trustees** None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current year. No trustee expenses have been incurred. ## 9. **Related Party Disclosures** There have been no related party transactions in the reporting period that require disclosure. Page 7 ## **Truly Beloved Detailed Statement of Financial Activities For the Period 23 July 2024 to 30 June 2025** |**INCOME AND ENDOWMENTS FROM:**
**Donations and legacies**
Donations and gifts
**Charitable Activities:**
**Other operating income**
Sale of goods or services
**EXPENDITURE ON:**
**Charitable Activities:**
**Charitable Activities**
Purchases
Waste disposal
Employers pensions - defined contribution schemes
Wages and salaries
Rent
Utilities
Repairs and maintenance
Vehicle running costs
Printing, postage and stationery
Equipment write off
Advertising and marketing costs
Accountancy fees
Legal fees
Professional fees
Subscriptions
Bank charges
Charitable donations
**NET INCOME**|**30 June**
**2025**
**Total**
**funds**
**£**
60,100| |---|---| ||60,100
27,687| ||27,687| ||87,787
(1,690)
(360)
(89)
(12,061)
(6,667)
(691)
(7,958)
(10)
(600)
(949)
(1,971)
(2,040)
(6,821)
(1,080)
(330)
(66)
(20,332)| ||(63,715)| ||(63,715)| ||24,072| Page 8