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REGISTERED COMPANY NUMBER: 09033481 (England and Wales)
REGISTERED CHARITY NUMBER: 1160020







Report of the Trustees and

Unaudited Financial Statements

for the Year Ended 31 May 2024

for

International Support Foundation Limited

International Support Foundation Limited

Contents of the Financial Statements
for the Year Ended 31 May 2024










Page

Report of the Trustees 1 to 2

Statement of Financial Activities 3

Balance Sheet 4

Notes to the Financial Statements 5 to 7

International Support Foundation Limited (Registered number: 09033481)

Report of the Trustees
for the Year Ended 31 May 2024



The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 May 2024. The trustees have adopted the provisions of 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).

OBJECTIVES AND ACTIVITIES
Objectives and aims
The objectives of the charity as set out in the company's Memorandum of Association are the promotion of religion, education and health by financial and volunteer support throughout the world and in particular in support of disaster areas and in the support of orphans.The provision of gift and food packs to underprivileged individuals at the time of religious and cultural festivals to those areas.

Significant activities
During the year the charity has raised money from the public by donations .The monies raised have used to support the charity's objectives .

Public benefit
The charity has referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the aims and objectives and in planning the charity's future activities. In particular the trustees consider how planned activities will contribute to the aims and objectives they have set.

ACHIEVEMENT AND PERFORMANCE
Charitable activities
The strategies employed to achieve the charity's objectives are to accumulate reserves by fund raising activities including appeals to the public and using these funds to achieve the charity's objectives.

Fundraising activities
The principal fund raising sources were donations by the public.

FINANCIAL REVIEW
Financial position
During the year the charity has raised £10796 (2023 £885) by donations.from its fundraising activities.and £332 in bank interest (2023 £nil).Overhead expenses amounted to £8196 (2023 £7385), leaving £2932 added to reserves. (2023 negative £ 6500 deducted from reserves.)
An error of £53625 on the opening balances on the bank accounts has been adjusted as a prior year adjustment. This left reserves at the year end at £69597 (2023 £13040).Free reserves were also £69597 (2023 £ 13040).

Reserves policy
The trustees wish to establish a level of reserves (that is those funds that are freely available) that is adequate to enable the charity to operate and meet its objectives and enable the charity to continue as a going concern.

Going concern
The trustees have considered the position regarding going concern and have looked at forecasts and are satisfied that, with the reserves maintained, the charity has adequate resources to continue to operate for the foreseeable future.
The charity has sufficient liquid funds to meet its liabilities as they become due and expenditure will not be authorised unless sufficient funds are in place.For these reasons the trustees continue to adopt the going concern basis for preparing these financial statements.

FUTURE PLANS
The trustees intend to continue collecting donations and fundraising in order to support its charitable projects.

STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new trustees
To become a trustee of the charity you must deliver to the company an application for membership, no person can become a trustee of the company unless they are approved by the directors. There are currently two directors/trustees.


International Support Foundation Limited (Registered number: 09033481)

Report of the Trustees
for the Year Ended 31 May 2024


STRUCTURE, GOVERNANCE AND MANAGEMENT
Organisational structure
The trustees/directors make all decisions regarding strategic matters, fund raising and all expenditure.

Induction and training of new trustees
Existing trustees will train new trustees to familiarise them with the charity and its obligations.

Related parties
The related parties are the trustees none of whom are remunerated or have any benefits in kind.

Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
09033481 (England and Wales)

Registered Charity number
1160020

Registered office
9 Parkside Grove
Bradford
West Yorkshire
BD9 5LL

Trustees
T S Alam Director
K Alam Director

Company Secretary

STATEMENT OF TRUSTEES' RESPONSIBILITIES
The trustees (who are also the directors of International Support Foundation Limited for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

-select suitable accounting policies and then apply them consistently;
-observe the methods and principles in the Charity SORP;
-make judgements and estimates that are reasonable and prudent;
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the board of trustees on 2 April 2025 and signed on its behalf by:




K Alam - Trustee

International Support Foundation Limited

Statement of Financial Activities
for the Year Ended 31 May 2024

Period
1.4.22
Year Ended to
31.5.24 31.5.23
Unrestricted Restricted Total Total
funds fund funds funds
as restated
Notes £    £    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 10,796 - 10,796 885

Investment income 2 332 - 332 -
Total 11,128 - 11,128 885

EXPENDITURE ON
Charitable activities
General Charitable Activity 8,196 - 8,196 7,385

NET INCOME/(EXPENDITURE) 2,932 - 2,932 (6,500 )


RECONCILIATION OF FUNDS
Total funds brought forward
As previously reported 13,040 - 13,040 19,540
Prior year adjustment 5 53,625 - 53,625 -
As restated 66,665 - 66,665 19,540

TOTAL FUNDS CARRIED FORWARD 69,597 - 69,597 13,040

CONTINUING OPERATIONS
All income and expenditure has arisen from continuing activities.

Surplus and Deficit Account 968

Posting discrepancies were found in the reserve accounts listed below. This is because the brought forward postings in the current year are not equal to the figures carried forward by IRIS at the end of last year. Please check your postings in the brought forward account for the surplus and deficit account 968.

Unrestricted
funds Total funds
£    £   
Brought forward - 968/1 13,040 13,040
Prior year adjustment - 496 53,625 53,625
66,665 66,665

Carried forward 13,040 13,040
Difference (53,625 ) (53,625 )

Post to relevant accounts (see ICHA chart of accounts for further details)

International Support Foundation Limited (Registered number: 09033481)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Unrestricted Restricted Total Total
funds fund funds funds
as restated
Notes £    £    £    £   
CURRENT ASSETS
Cash at bank 86,057 - 86,057 29,500

CREDITORS
Amounts falling due within one year 6 (16,460 ) - (16,460 ) (16,460 )

NET CURRENT ASSETS 69,597 - 69,597 13,040

TOTAL ASSETS LESS CURRENT LIABILITIES 69,597 - 69,597 13,040

NET ASSETS 69,597 - 69,597 13,040
FUNDS 7
Unrestricted funds 69,597 13,040
TOTAL FUNDS 69,597 13,040

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.


The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.


The trustees acknowledge their responsibilities for
(a)ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.


The financial statements were approved by the Board of Trustees and authorised for issue on 2 April 2025 and were signed on its behalf by:





K Alam - Trustee

International Support Foundation Limited

Notes to the Financial Statements
for the Year Ended 31 May 2024


1. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income
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.

Expenditure
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.

Taxation
The charity is exempt from corporation tax on its charitable activities.

Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

At present there are no restricted funds.

Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments.Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

2. INVESTMENT INCOME
Period
1.4.22
Year Ended to
31.5.24 31.5.23
as restated
£    £   
Deposit account interest 332 -

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 May 2024 nor for the period ended 31 May 2023.


Trustees' expenses

There were no trustees' expenses paid for the year ended 31 May 2024 nor for the period ended 31 May 2023.



International Support Foundation Limited

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024


4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds fund funds
as restated
£    £    £   
INCOME AND ENDOWMENTS FROM
Donations and legacies 885 - 885

EXPENDITURE ON
Charitable activities
General Charitable Activity 7,385 - 7,385

NET INCOME/(EXPENDITURE) (6,500 ) - (6,500 )


RECONCILIATION OF FUNDS
Total funds brought forward 19,540 - 19,540

TOTAL FUNDS CARRIED FORWARD 13,040 - 13,040

5. PRIOR YEAR ADJUSTMENT

An error of £53625 on the opening balances on the bank accounts has been adjusted .

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
as restated
£    £   
Other creditors 15,500 15,500
Accruals and deferred income 960 960
16,460 16,460

7. MOVEMENT IN FUNDS
Prior Net
year movement At
At 1.6.23 adjustment in funds 31.5.24
£    £    £    £   
Unrestricted funds
General fund 13,040 53,625 2,932 69,597

TOTAL FUNDS 13,040 53,625 2,932 69,597

Net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 11,128 (8,196 ) 2,932

TOTAL FUNDS 11,128 (8,196 ) 2,932


International Support Foundation Limited

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024


7. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
movement At
At 1.4.22 in funds 31.5.23
£    £    £   
Unrestricted funds
General fund 19,540 (6,500 ) 13,040

TOTAL FUNDS 19,540 (6,500 ) 13,040

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£    £    £   
Unrestricted funds
General fund 885 (7,385 ) (6,500 )

TOTAL FUNDS 885 (7,385 ) (6,500 )

8. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 May 2024.