TRUSTEES, ANNUAL REPORT AND FINANCIAL STATEMENTS ## TABLE OF CONTENTS |**1. TRUSTEES’ ANNUAL REPORT**|**3**| |---|---| |**1.1 Reference and Administrative Details**|**3**| |**1.2 Structure, Governance and Management**|**3**| |**1.3 Objectives and Activities**|**4**| |**1.4 Achievements and Performance**|**4**| |**1.5 Financial Review**|**4**| |**1.6 Plans for Future Periods**|**5**| |**1.7 Statement of Trustees’ Responsibilities**|**5**| |**2. FINANCIAL STATEMENTS**|**6**| |2.1 Statement of Financial Activities|6| |2.2 Balance Sheet|6| |2.3 Notes to the Financial Statements|7| |2.3.1 Basis of preparation|7| |2.3.2 Accounting policies|7| |2.3.3 Income|7| |2.3.4 Expenditure|7| |2.3.5 Trustee remuneration and expenses|7| |2.3.6 Related party transactions|8| |2.3.7 Cash at bank and in hand|8| |2.3.8 Funds of the charity|8| |**Declarations**|**8**| ## 1. TRUSTEES’ ANNUAL REPORT ## 1.1 Reference and Administrative Details Charity Name: Mercy House Charity Registration Number: 1212118 Financial Year ending 31st August 2025 Registered Address: 6 Houndsfield Road, Enfield, N9 7RA Reporting period From: 12/02/2025 To: 31/08/2025 ## 1.2 Structure, Governance and Management Mercy House is a CIO. The charity is governed by its trustees, who are responsible for the overall management, strategic direction, and administration of the organisation. The governing document is a Foundation CIO Constitution. Names of the charity trustees who manage the charity: - Muhammad Muhi Uddin - Jilu Miah - Azar Jamal Mohamed Appointment of trustees: Trustees are appointed by the existing trustees of the charity. Any new trustee is selected based on their skills, experience, and commitment to the aims of the charity. Appointment is approved by a majority decision of the trustee board. During the reporting period, the trustees met on an informal/formal basis to discuss the establishment of the charity, its objectives, and preparatory steps required to commence operations. ## 1.3 Objectives and Activities The objectives of Mercy House are to operate as a multi-use community and youth centre in Enfield, providing recreational and community facilities for individuals who are disadvantaged by reason of age, disability, financial hardship, or social circumstances. The charity seeks to improve quality of life by relieving poverty, advancing education, and providing facilities and activities that promote the well-being and development of the local community. The trustees have had regard to the Charity Commission’s guidance on public benefit and are satisfied that the charity’s objectives are designed to provide benefit to the public in furtherance of its charitable purposes. ## 1.4 Achievements and Performance During the reporting period, the charity remained in its establishment phase and did not yet commence the delivery of its charitable services. The trustees focused on preparatory work to support the future delivery of the charity’s objectives. The trustees engaged with prospective donors and volunteers to discuss the Mercy House project, its vision and intended community impact. These efforts resulted in the charity receiving voluntary donations totalling £5,415.36 providing an initial financial foundation for the charity’s future activities. The trustees also made enquiries with estate agents and began identifying and assessing suitable properties that could serve as a base for the charity’s future operations as a community and youth centre. These activities were foundational steps towards establishing the operational capacity of the charity and preparing for the commencement of its charitable services in future periods. ## 1.5 Financial Review During the reporting period, Mercy House received voluntary donations totalling £5,415.36. No expenditure was incurred during the year as the charity remained in its establishment phase and had not yet commenced the delivery of its charitable services. As the charity remained in its establishment phase, the trustees considered it appropriate to retain these funds to support the acquisition of suitable premises and will be used to support the charity’s future objectives, including establishing operations as a multi-use community and youth centre in Enfield. The trustees are satisfied with the charity’s financial position at the year end and will continue to manage its resources prudently to support the commencement of charitable activities. ## 1.6 Plans for Future Periods The trustees intend to continue efforts to secure suitable premises in Enfield to enable the charity to begin delivering its community and youth services. Once premises are secured, the charity will focus on establishing operational services aligned with its objectives, including community support activities, recreational provision, and educational initiatives. ## 1.7 Statement of Trustees’ Responsibilities The trustees are responsible for preparing the Trustees’ Annual Report and financial statements in accordance with applicable law and United Kingdom Accounting Standards. The trustees are responsible for keeping proper accounting records, safeguarding the assets of the charity, and taking reasonable steps to prevent and detect fraud or other irregularities. ## 2. FINANCIAL STATEMENTS ## 2.1 Statement of Financial Activities - Incoming resources: £5,415.36 - Resources expended: £0 - Net movement in funds: £5,415.36 - Funds brought forward: £0 - Funds carried forward: £5,415.36 ## 2.2 Balance Sheet - Fixed assets: £0 - Current assets: £5,415.36 - Liabilities: £0 - Net assets: £5,415.36 - Total funds of the charity: £5,415.36 ## 2.3 Notes to the Financial Statements ## 2.3.1 Basis of preparation The accounts have been prepared on a receipts and payments basis. ## 2.3.2 Accounting policies - Income is recognised when received. - Expenditure is recognised when incurred. - The charity held no fixed assets during the period. - The charity operated no designated or restricted funds. ## 2.3.3 Income The charity received voluntary donations of £5,415.36 during the reporting period. ## 2.3.4 Expenditure No expenditure was incurred during the reporting period. ## 2.3.5 Trustee remuneration and expenses No trustees received remuneration or reimbursement of expenses during the reporting period. ## 2.3.6 Related party transactions There were no related party transactions during the reporting period. ## 2.3.7 Cash at bank and in hand At the end of the reporting period, the charity held cash balances of £5,415.36. ## 2.3.8 Funds of the charity - Unrestricted funds: £5,415.36 - Restricted funds: £0 ## Declarations The trustees declare that they have approved the trustees’ report above. Signed on behalf of the charity’s trustees Signature Full name: Muhammad Muhi Uddin Position: Chair of Trustees Date: 30th June 2026