Charity registration number 1210324
SAVING GENERATIONS FOUNDATION
Report and Accounts
30 June 2025
## **SAVING GENERATIONS FOUNDATION Report and accounts Contents**
||**Page**|
|---|---|
||1|
|Trustees' Annual Report|2|
|Independent Examiner's Report|4|
|Income and Expenditure Account|5|
|Balance sheet|6|
|Notes to the accounts|7|
## **SAVING GENERATIONS FOUNDATION Charity Information**
## **Trustees**
Michael Biryomumaisho Mpho Ngubeni Nonhlanhla
## **Independent Examiners**
Asmat & Co 84 High Street Slough SL1 1EL
## **Registered office**
344 OXFORD ROAD COMMUNITY CENTRE READING RG30 1AF
**Registered number** 1210324
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**SAVING GENERATIONS FOUNDATION**
## **Registered charity number: 1210324**
## **Trustees' Annual Report**
The trustees present their report and accounts for the year ended 30 June 2025.
## **Trustees**
The following persons served as trustees during the year:
Michael Biryomumaisho Mpho Ngubeni Nonhlanhla
## **Structure, governance and management**
Type of governing document: Constitution How the charity is constituted: Trust Trustee selection methods: Elected
## **Objectives and activities**
## **Summary of the objects of the charity set out in its governing document**
TO PROMOTE SOCIAL INCLUSION FOR THE PUBLIC BENEFIT BY WORKING WITH PEOPLE WHO ARE SOCIALLY EXCLUDED ON THE GROUNDS OF THEIR ETHNIC ORIGIN
ELIGION, BELIEF OR CREED (IN PARTICULAR, MEMBERS OF THE AFRICAN COMMUNITY) LIVING IN READING AND THE SURROUNDING AREA, TO RELIEVE THE NEEDS OF SUCH PEOPLE AND ASSIST THEM TO INTEGRATE INTO SOCIETY
## **Summary of the main activities undertaken for the public benefit in relation to**
The main activities which we provide for the community are as follows:
1. PROVIDING A LOCAL NETWORK GROUP THAT ENCOURAGES AND ENABLES MEMBERS OF THE AFRICAN COMMUNITY TO PARTICIPATE MORE EFFECTIVELY WITH THE WIDER COMMUNITY
2. INCREASING, OR CO-ORDINATING, OPPORTUNITIES FOR MEMBERS OF THE AFRICAN COMMUNITY TO ENGAGE WITH SERVICE PROVIDERS, TO ENABLE THOSE PROVIDERS TO ADAPT SERVICES TO BETTER MEET THE NEEDS OF THAT COMMUNITY.
## **Summary of the main achievements of the charity during the year**
The charity was dormant during the year ending 30th June 2025.
The charity began its activity in October 2025.
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## **SAVING GENERATIONS FOUNDATION**
## **Registered charity number: 1210324**
## **Trustees' Annual Report**
## **Financial review**
## **Brief statement of the charity’s policy on reserves**
SAVING GENERATIONS FOUNDATION does not borrow and maintains a minimum account balance
## **Declaration**
The trustees declare that they have approved the trustees’ report above.
This report was approved by the board on 15 May 2026 and signed on its behalf.
Michael Biryomumaisho Chairman
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## **Saving Generations Foundation**
## **Independent examiner’s report to the trustees of Saving Generations Foundation**
I report to the trustees on my examination of the accounts of Saving Generations Foundation for the year ended 30 June 2025
## **Responsibilities and basis of report**
As the charity trustees of Saving Generations Foundation you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011.
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all 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 charity 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 content 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.
## **Mustafa Asmat**
**IFA 246716**
Asmat & Co Chartered Accountants
84 High Street Slough SL1 1EL
15 May 2026
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## **Saving Generations Foundation**
## **Income and Expenditure Account and Statement of Total Recognised Gains and Losses for the year ended 30 June 2025**
|**Income**
Expenditure on charitable activites
Administrative expenses
Other operating income
**Net movement in funds**
Total funds brought forward
Total funds carried forward|**2025**
**2024**
**£**
**£**
-
-
-
-
-
-
-
-
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-
-
-
-
-
-
-|
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## **Saving Generations Foundation Charity registration number:** 1210324 **Balance Sheet as at 30 June 2025**
|**Notes**
**Fixed assets**
Tangible assets
2
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
3
**Net Current Assets**
**Net Assets**
**Funds of the charity**
Unrestricted funds
**Total funds**|-
-|**2025**
**2024**
**£**
**£**
-
-
-
-
-
-
-
-
-
-
-
-|
|---|---|---|
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## **Total funds**
For the financial year ending 30 June 2025 the charity was entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The trustees have not required the company to obtain an audit in accordance with section 476 of the Act.
The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime.
Michael Biryomumaisho Chairman Approved by the board on 15 May 2026
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**Saving Generations Foundation Notes to the Accounts for the year ended 30 June 2025**
## **1 Accounting policies**
## _**Basis of preparation**_
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
## _**Income and endowments**_
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
## _**Tangible fixed assets**_
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Office equipment
over 5 years
## _**Creditors**_
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
## _**Taxation**_
The charity is exempt from taxationin respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Act 2010 Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that scuh income or gains are applied exclusively to charitable purposes.
## _**Provisions**_
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
## **2 Tangible fixed assets**
|**Cost**
At 1 July 2024
Disposals
At 30 June 2025
**Depreciation**
At 1 July 2024
At 30 June 2025|**Office**
**equipment**
**£**
-
-|
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## **Saving Generations Foundation Notes to the Accounts for the year ended 30 June 2025**
|**Net book value**
At 1 July 2024
At 30 June 2025
**3**
**Independent examiner's remuneration**
**2025**
**£**
Examination of the financial statements
-|-|
|---|---|
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||**2024**
**£**
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## **4 Other information**
SAVING GENERATIONS FOUNDATION is a charity based in England. Its registered office is: 344 OXFORD ROAD
COMMUNITY CENTRE READING RG30 1AF
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