## **Registered Charity Number:247653** **CLAPHAM CHARITY TRUST** **REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 05 APRIL 2025** ## **CLAPHAM CHARITY TRUST** REPORT AND FINANCIAL STATEMENTS YEAR ENDED 05 APRIL 2025 ## **CONTENTS** |DESCRIPTION|PAGE NO.| |---|---| |TRUST INFORMATION|2| |TRUSTEES ANNUAL REPORT|3 – 4| |INDEPENDENT EXAMINER’S REPORT|5| |STATEMENT OF FINANCIAL ACTIVITIES|6| |BALANCE SHEET|7| |NOTES TO THE ACCOUNTS|8-12| 1 ## **CLAPHAM CHARITY TRUST** TRUST INFORMATION FOR THE YEAR ENDED 05 APRIL 2025 Trustees: Mr Ijaz Mohammed Aslam Dr Muhammad Haroon Ali Dr Abdul Majid Mukadam (appointed on 06 March 2025) |Registered Charity Number:|247653| |---|---| |Place of Business:|28 Prentis Road| ||London| ||SW16 1QD| |Accountants:|Ossmans Consultants Accountants| ||591 London Road| ||Cheam| ||Sutton| ||Surrey| ||SM3 9AG| 2 ## **CLAPHAM CHARITY TRUST** TRUSTEES REPORT FOR THE YEAR ENDED 05 APRIL 2025 The Trustees present their report with the financial statements for the year ended 05[th] April 2025. ## **Principal activities** The principal activities of the trust during the year was to raise money to continue with its principal objectives. These objectives are to occupied on privileged terms by those in need of HOUSING. ## **Structure, governance and management** The Charity is a registered charity, number 247653, registered with the Charities Commission. The Charity is controlled by its Trust Deed and constitutes an unincorporated charity. ## **Organisation Structure** The Charity makes decisions through discussions with all the Trust staff and Trustees by brainstorming sessions, and then by advice from our Legal and Financial advisors. Structural steps for decisions are: meetings with staff; legal and financial advisor meetings; minutes meetings; and then action. ## **Review of year** During the year the there were no any fund raising activites. The bank interest only received of £36,954 (2024-Nil). ## **Reserves** The Trust holds reserves of £1,435,416 (2024 – £1,418,841). 3 TRUSTEES REPORT FOR THE YEAR ENDED 05 APRIL 2025 ## **CLAPHAM CHARITY TRUST** ## **Trustees** No trustees are remunerated by the Trust. ## **Trustees’ Responsibilities** Current legislation requires Trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the Trust and of the surplus or deficit for that period. In preparing these financial statements, the trustees are required to: - Select suitable accounting policies and apply them consistently; - Observe the methods and principles in Charities SORP 2019 (FRS 102); - Make judgements and estimates that are reasonable and prudent; - State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in accounts; and - Prepare the financial statements on the going concern basis, unless it is inappropriate to presume that the charity will continue in operation. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Trust and, hence, for taking reasonable steps for the prevention and detection of fraud and other irregularities. ## **Statement of disclosure of information to the Independent Examiner** So far as the trustees are aware, there is no relevant information of which the charity’s accountants are unaware and each trustee has taken all the steps that he or she ought to have as a trustee in order to make himself or herself aware of any relevant information and to establish that the Charity’s accountants are aware of that information. The report was approved by the Board of Trustees on 22[nd] January 2026 and signed by: ……………………………………………………………….. Trustee Mr. Ijaz Mohammed Aslam ……………………………………………………………….. Trustee Dr. Muhammed Haroon Ali 4 INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES YEAR ENDED 05 APRIL 2025 ## **CLAPHAM CHARITY TRUST** I report on the accounts of the Trust for the year ended 05 April 2025, which are set out on pages 8 to 10. ## **Respective responsibilities of Trustees and Examiner** The Charity’s trustees are responsible for the preparation of the accounts. The Charity’s trustees consider that an audit is not required for this under Section 144(2) of the Charities Act 2011 and that an independent examination is needed. It is my responsibility to: - a) Examine the accounts under Section 145 of the 2011 Act; - b) Follow the procedures laid down in the general directions given by the Charity Commission under Section 145(5)(b) of the 2011 Act; and - c) State whether particular matters have come to my attention. ## **Basis of Independent Examiner’s Report** My 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 matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below. ## **Independent Examiner’s Statement** In connection with my examination, no matter has come to my attention which gives me reasonable cause to believe that all material respects the requirements: ‘to keep accounting records in accordance with Section 130 of the 2011 Act, and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act’ have been met. Ossmans Consultants Limited 591 London Road Cheam Sutton SM3 9AG 5 ## **CLAPHAM CHARITY TRUST** ## STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 05 APRIL 2025 |||Unrestricted|Total|Total| |---|---|---|---|---| |||Funds 2025|Funds 2025|Funds 2024| |||£|£|£| |**Income**||||| |**Donations & Legacies**||||| |Donations received||0|0|0| |**Income from charitable activities**||||| |Investment income||0|0|0| |**Total income**||**0**|**0**|**0**| |**Expenditure on**||||| |Fund raising and publicity||0|0|0| |Charitable activities||(20,379)_|(20,379)|(42,605)| |**Total Expenditure**||**(20,379)**|**(20,379)**|**(42,605)**| |Other interest receivable|and|36,954|36,954|0| |other income||||| |Net gains/(loss) on investments||0|0|0| |**Net movement of funds**||**16,575**|**16,575**|**(42,605)**| |**Reconciliation of funds**||||| |Total funds brought forward||1,418,841|1,418,841|1,461,446| |Net movement of funds||16,575|16,575|(42,605)| |Total funds carried forward||1,435,416|1,435,416|1,418,841| All the activities of the charity are from continuing operations. 6 ## **CLAPHAM CHARITY TRUST** STATEMENT OF FINANCIAL POSITION AS AT 05 APRIL 2025 |**Fixed assets**
**Note**
Tangible assets
Investments

**Current assets**
Debtors
**2**
Cash at bank and in hand
**Creditors: amounts falling**
**due within one year**
**3**
**Net assets**
**Total assets less**
**liabilities**
**current**
**Reserves**
Profit and loss account|**2025**
**£**
0
0
8,000
1,428,529

|**£**
0

1,436,529
(1,113)
1,435,416
**1,435,416**
**1,435,416**|**2024**
**£**
0
0
0
1,420,791

|**£**
0
1,420,791
(1,950)
1,418,841
1,418,841
1,418,841| |---|---|---|---|---| These financial statements were approved by the board of trustees and authorized to issue on 22 January 2026, and are signed on behalf of the board by: ……………………………………………….. Mr. Ijaz Mohammed Aslam ## Trustee 7 ## **CLAPHAM CHARITY TRUST** NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 05 APRIL 2025 ## **1 Accounting policies** ## **Basis of preparation** The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) – Charities SORP (FRS 102) (effective 1 January 2019) and the Charities Act 2011. The accounts (financial statement) have been prepared under the historical cost convention with items recognized at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The Trust constitutes a public benefit entity as defined by FRS 102. The accounts are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £1. ## **Going concern** The accounts are prepared on a going concern basis. ## **Income** Income is included in the Statement of Financial Activities (SoFA) when the Charity becomes entitled to, and virtually certain to receive, the income, and the amount of the income can be measured with sufficient reliability. Legacy gifts are recognized on a case by case basis following the grant of probate when the administrator/executor for the estate has communicated in writing both the amount and the settlement date. Voluntary income received by way of grants, donations and gifts is included in the SoFA when receivable and only when the Charity has unconditional entitlement to the income. The Trust recognized income from goods on sale. ## **Expenditure** Recognized expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on raising funds comprise the cost associate with attracting voluntary income fundraising cost and investment management costs. Expenditure on charitable activities comprise the cost incurred by the Charity in the delivery of its activities and services in the furtherance of its objectives, including the making of grants and governance costs. 8 ## **CLAPHAM CHARITY TRUST** NOTES TO THE FINANCIAL STATEMENTS (continued) YEAR ENDED 05 APRIL 2025 ## **1 Accounting Policies (continued)** ## **Expenditure (continued)** Governance costs include those costs associated with meeting the constitutional and statutory requirements of the Charity, including the independent examination fees, costs linked to the strategic management of the Charity, together with the share of other administration costs. Grants payable are payments made to third parties in the furtherance of the charitable objectives of the Trust. In case of an unconditional grant offer, this is accrued once the recipient has been notified of the grant award. Provisions for grants are made when the intention to make a grant has been communicated to the grant recipient but there is uncertainty as to the meeting of the grant terms. ## **Taxation** The Charity is exempt from tax on its charitable activities. ## **Cash and cash equivalents** Cash and cash equivalents comprise at bank and in hand, demand deposits with banks and other shortterm highly liquid investments, with original maturities of three months or less, and bank overdrafts. In the statement of financial position, bank overdrafts are shown within creditors. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the trust cash management. 9 ## **CLAPHAM CHARITY TRUST** NOTES TO THE FINANCIAL STATEMENTS (continued) YEAR ENDED 05 APRIL 2025 ## **1 Accounting Policies (continued)** ## **Creditors and provisions** Creditors and provisions are recognized where the charity has obligations resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognized at their settlement amount after allowing for any trade discounts due. ## **Investments policy** Investments are a form of basic financial instrument and are initially recognized at their transaction value and subsequently measured at their fair value as at their balance sheet date using the closing quoted market price. The statement of financial activities includes the net gains and losses arising on revaluation and disposals throughout the year. ## **Realized gains and losses** All gains and losses are taken to the Statement of Financial Activities as they arise. Realized gains and losses on investments are calculated as the difference between sales proceeds and their opening carrying value or their purchase value if acquired subsequent to the first day of the financial year. Unrealized gains and losses are calculated as the difference between the fair value at the year end and their carrying value. Realized and unrealized investment gains and losses are combined in the Statement of Financial Activities. ## **Pension Costs** The Charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognized as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds. 10 ## **CLAPHAM CHARITY TRUST** ## NOTES TO THE FINANCIAL STATEMENTS (continued) YEAR ENDED 05 APRIL 2025 |**2**
**DEBTORS**
Interest Receivable
**3**
**CREDITORS**
**Amounts falling due within one year**
Other creditors
**4**
**ANALYSIS OF CHARITABLE EXPENDITURE**
Repairs and maintenance
Charitable donations
Bank charges
Legal and professional
Accountancy fees|2025
£
8,000
**8,000**
2025
**£**
1,113
**1,113**
2025
**£**
0
-

0
19,329
1,050
**20,379**|2024
£
-
**0**
2024
**£**
1,950
**1,950**
2024
**£**
11,565
30,000
25
515
500
**42,605**|2024
£
-
**0**
2024
**£**
1,950| |---|---|---|---| ||||**1,950**| ## **5 RELATED PARTY** No remuneration was paid to the trustees in the year 2025 (2024 - Nil). 11 ## **CLAPHAM CHARITY TRUST** ## STATEMENT OF FINANCIAL STATEMENTS YEAR ENDED 05 APRIL 2025 |

**INCOME**
Donations

Interest received

Dividends received


Other income


**EXPENDITURE**

Repairs and maintenance

Charitable donations

Bank charges

Legal and professional

Accountancy fees


Surplus/(Deficits)
|**2025**
**£**


0

36,954
0
**36,954**

0
0

0

-

0
19,329
1,050
**20,379**

**16,675**
|**2024**
**£**
0
0
0
**0**
0
0
11,565
30,000
25
515
500
**42,605**
(42,605)| |---|---|---| 12