## **FM FOUNDATION**
**FINANCIAL ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2025 (Registered Charity No. 1210421)**
## **FM FOUNDATION**
## **FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2025**
**(Registered Charity No. 1210421)**
|**CONTENTS**|**Page**|
|---|---|
|Trustees Annual Report|1-2|
|Independent Examiner’s Report|3|
|Receipts and Payments Account|4|
|Statement of Assets and Liabilities|4|
|Notes to the Financial Statements|5|
**FM FOUNDATION**
**Page 1**
## **ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2025**
th
FM Foundation is constituted by the governing document dated 10 October 2024 and is Registered Charity No. 1210421.
## **Legal and Administrative Information**
**Principal address** Navigation Mill Forrest Street Blackburn BB1 3BB
**Bankers** Barclays Bank UK PLC Leicestershire Leicester LE87 2BB
## **Independant Examiner**
Asma Patel 97 London Road Blackburn BB1 7LR
## **Aims and Organization**
A Management Committee elected from the Board of Trustees administers the Trust and comprises:
Managing Trustee (Chairman) Faizel Moosa Secretary Ikram Salim Bohra
Other Trustees who served during the year were:
Sajid Mehboob Bohra
**FM FOUNDATION**
**Page 2**
## **ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2025 (Contd.)**
## **Aims and Organization (Contd.)**
The object of the Trust is to:
- To relieve financial hardship, distress and suffering amongst poor people, orphans, widows and other people in need by means of but not exclusively;
- Making grants or loans for providing or paying for items, equipment, services and facilities, including the provision of food, water and accommodation.
- Livelihood programmes including cost for attending school and paying for
- medical treatment for the benefit of said persons.
## **Review of progress and achievements**
The Trust has not been able to progress on its aims and objectives in the year due to lack of funds. The Trust has received some donations which are shown in the Receipts and Payments account on page 4.
## **Review of financial activities and affairs**
The organisation received total donation income of £66,000, and in turn it made donations totalling £6,500.
The Trust had a bank and cash balances on hand of £59,500.
## Ikram Salim Bohra
Ikram Salim Bohra (Trustee)
Secretary
On behalf of the FM Foundation on 9th June 2026
**Page 3**
## **FM FOUNDATION**
## **TO THE TRUSTEES OF FM FOUNDATION**
Ireport on the accounts of the Trust (Charity no.1210421) for the year ended 31 December 2025, which are set out on pages 4 to 6.
## **Respective responsibilities of trustees and examiner**
As the charity’s trustees you are responsible for the preparation of the accounts; you consider that an audit is not required for this period under section 144 of the Charities Act 2011(“the Charities Act”) and that an independent examination is needed. It is my responsibility to examine the accounts under section 145 of the Charities Act, to follow procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act and to state whether particular matters have come to my attention.
## **Basis of independent examiners` report**
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the Trust and a comparison of the accounts presented with those records. It also includes the consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts.
## **Independent examiners` report**
In connection with our examination, no material matter has come to my attention which gives me cause to believe that in any material respect:
- The accounting records were kept in accordance with section 130 of the Charities Act; or
- The accounts did not accord with the accounting records; or
- The accounts did 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.
Asma Patel Asma Patel Teacher 9th June 2026
|**FM FOUNDATION**
**YEAR ENDED 31 DECEMBER 2025**
**RECEIPTS AND PAYMENTS ACCOUNT**
**GENERAL PURPOSES FUND**
**STATEMENT OFASSETS AND LIABILITIES**
**31 December 2025**
**ST**
**Assets**
Bankand cash balances:
**Liabilities**
Creditorsand accruals
**Total for general purposes fund**
**Other expenditure**
Telephone (net)
Legal and professional
Postage, printing and stationery
Sundries
**Total payments**
**Voluntary sources**
Donations and collections -General purpose
Donations -specific project
Gift Aid
**Reserves carried forward**
**Direct charitable expenditure**
Donations made
Bank charges
**RECEIPTS**
**PAYMENTS**
**Net receipts for the year**
Reserves brought forward|**59,500**
**66,000**
**6,500**
**59,500**
**Page 4**
**0**
**6,500**
**0**
**2025**
**£**
**2025**
**£**
0
0
6,500
0
0
0
0
0
66,000
0
0
59,500|
|---|---|
The Financial Statements on pages 4 to 5 were approved by the Executive committee on 9th June 2026 and were signed on its behalf by:
## Faizel Moosa
Faizel Moosa Chairman
**Page 5**
## **FM FOUNDATION NOTES TO THE FINANCIAL ACCOUNTS**
## **Year ended 31 December 2025**
## **1. Accounting Basis**
The accounts havebeen prepared on a receipts and payments basis with a statement Of Assets and liabilities.
## **2. Going concern basis of accounting**
The accountshave beenpreparedonthe assumption that the charity is able to continue as a going concern, which the trustees consider appropriate having regard to the current level of unrestricted reserves
## **3. Funds Accounting**
Unrestrictedgeneralfunds are available to spend on activities that further any of the purposes of the charity