| REGISTERED COMPANY NUMBER: |
| REGISTERED CHARITY NUMBER: |
| Report of the Trustees and |
| Unaudited Financial Statements |
| for the Year Ended 31 March 2025 |
| for |
| Zesh Rehman Foundation |
| REGISTERED COMPANY NUMBER: |
| REGISTERED CHARITY NUMBER: |
| Report of the Trustees and |
| Unaudited Financial Statements |
| for the Year Ended 31 March 2025 |
| for |
| Zesh Rehman Foundation |
| Zesh Rehman Foundation |
| Contents of the Financial Statements |
| for the Year Ended 31 March 2025 |
| Page |
| Reference and Administrative Details | 1 |
| Report of the Trustees | 2 | to | 3 |
| Statement of Financial Activities | 4 |
| Balance Sheet | 5 |
| Notes to the Financial Statements | 6 | to | 9 |
| Zesh Rehman Foundation |
| Reference and Administrative Details |
| for the Year Ended 31 March 2025 |
| TRUSTEES |
| REGISTERED OFFICE |
| REGISTERED COMPANY NUMBER |
| REGISTERED CHARITY NUMBER |
| Zesh Rehman Foundation (Registered number: 07245352) |
| Report of the Trustees |
| for the Year Ended 31 March 2025 |
| 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 March 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005. |
| OBJECTIVES AND ACTIVITIES |
| Objectives and aims |
| The ZRF works to provide sustainable pathways and opportunities within football and the wider sports industry, with a commitment to increasing diversity from grassroots to elite levels and across all workforce pathways. |
| Our Key pillars of work include: |
| Engagement: Creating networks and opportunities for under- represented groups |
| Employment: Increasing access to career opportunities across the sports-industry. |
| Significant activities |
| Dormant Status: |
| The Zesh Rehman foundation confirms that the charity was dormant during the financial year ending 31 March 2025, with no charitable activities, operational delivery or fundraising undertaken during this period. |
| The temporary dormancy resulted from a strategic decision to pause delivery while the trustees undertake a comprehensive review of the orgamisations programme model, funding approach and long term sustainability. |
| The trustees have formally reviewed the position and confirm their intention to maintain dormant while the strategic review is completed, after which the charity aims to resume activity with refreshed programmes and strengthen structures. |
| Public benefit |
| The ZRF activities have the following public benefit: |
| - Supporting those from minority groups to get into education and training, and developing their personal, social, and leadership skills. |
| - Supporting young people and adults to obtain employment across the football and sports industry. |
| - Engaging young people who are marginalised and giving them the opportunity and belief to fulfil their potential. |
| - Empowering young people and adults to play sport and learn about the benefits of living a healthy active lifestyle. |
| . |
| 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 |
| The existing trustees are responsible for the recruitment and appointment of new trustees. This ensures that new trustees are respected directors of the voluntary, community and sports sector and can add benefit and experience to the charity. |
| Organisational structure |
| The board of trustees are not subject to a maximum number of trustees but there is always a minimum of three trustees. |
| The trustees meet as a body quarterly basis and are responsible for all decisions taken in relation to the running and activities provided by the charity. The Community Development Coordinator oversees day-to-day activities of the charity and reports back to the trustees with recommendations at the board meetings of the trustees. |
| Zesh Rehman Foundation (Registered number: 07245352) |
| Report of the Trustees |
| for the Year Ended 31 March 2025 |
| STRUCTURE, GOVERNANCE AND MANAGEMENT |
| Induction and training of new trustees |
| New trustees are invited to a board meeting where they are briefed of their legal obligations under the charity and company law, the content of the Memorandum and Articles of Association, the committee and decision-making process, the business plan and recent financial performance of the charity. Several publications from the Charity Commission are also provided to the new trustees including the guidance on charities and public benefit. Trustees are made fully aware that it is their responsibility to keep abreast of developments in relation to the governance of charities under the Charities Act. |
| 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. |
| The trustees have implemented a system of checks and balances to ensure against these risks, and all payments are overseen by an appointed finance officer, with significant payments signed off by the trustees. |
| This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. |
| Approved by order of the board of trustees on |
| Zesh Rehman Foundation |
| Statement of Financial Activities |
| (Incorporating an Income and Expenditure Account) |
| for the Year Ended 31 March 2025 |
| 2025 | 2024 |
| Unrestricted | Total |
| funds | funds |
| Notes | £ | £ |
| EXPENDITURE ON |
| Raising funds | 2 |
| Other |
| Total |
| NET INCOME/(EXPENDITURE) | ( |
) | ( |
) |
| RECONCILIATION OF FUNDS |
| Total funds brought forward | ( |
) | ( |
) |
| TOTAL FUNDS CARRIED FORWARD | ( |
) | (1,878 | ) |
| Zesh Rehman Foundation (Registered number: 07245352) |
| Balance Sheet |
| 31 March 2025 |
| 2025 | 2024 |
| Unrestricted | Total |
| funds | funds |
| Notes | £ | £ |
| CURRENT ASSETS |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 | ( |
) | ( |
) |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| NET ASSETS/(LIABILITIES) | ( |
) | ( |
) |
| FUNDS | 6 |
| Unrestricted funds | ( |
) | (1,878 | ) |
| TOTAL FUNDS | ( |
) | (1,878 | ) |
| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 |
| Zesh Rehman Foundation |
| Notes to the Financial Statements |
| for the Year Ended 31 March 2025 |
| 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. |
| 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. |
| Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. |
| 2. | RAISING FUNDS |
| Raising donations and legacies |
| 2025 | 2024 |
| £ | £ |
| Support costs |
| 3. | TRUSTEES' REMUNERATION AND BENEFITS |
| There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. |
| Trustees' expenses |
| There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. |
| Zesh Rehman Foundation |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 4. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
| Unrestricte |
| funds |
| £ |
| EXPENDITURE ON |
| Raising funds |
| Other |
| Total |
| NET INCOME/(EXPENDITURE) | ( |
) |
| RECONCILIATION OF FUNDS |
| Total funds brought forward | ( |
) |
| TOTAL FUNDS CARRIED FORWARD | (1,878 | ) |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Other creditors |
| Accrued expenses |
| 6. | MOVEMENT IN FUNDS |
| Net |
| movement | At |
| At 1.4.24 | in funds | 31.3.25 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | (1,878 | ) | (600 | ) | (2,478 | ) |
| TOTAL FUNDS | ( |
) | (600 | ) | (2,478 | ) |
| Net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | - | (600 | ) | (600 | ) |
| TOTAL FUNDS | ( |
) | (600 | ) |
| Zesh Rehman Foundation |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 6. | MOVEMENT IN FUNDS - continued |
| Comparatives for movement in funds |
| Net |
| movement | At |
| At 1.4.23 | in funds | 31.3.24 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | (668 | ) | (1,210 | ) | (1,878 | ) |
| TOTAL FUNDS | (668 | ) | (1,210 | ) | (1,878 | ) |
| Comparative net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | - | (1,210 | ) | (1,210 | ) |
| TOTAL FUNDS | - | (1,210 | ) | (1,210 | ) |
| A current year 12 months and prior year 12 months combined position is as follows: |
| Net |
| movement | At |
| At 1.4.23 | in funds | 31.3.25 |
| £ | £ | £ |
| Unrestricted funds |
| General fund | (668 | ) | (1,810 | ) | (2,478 | ) |
| TOTAL FUNDS | (668 | ) | (1,810 | ) | (2,478 | ) |
| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |
| Incoming | Resources | Movement |
| resources | expended | in funds |
| £ | £ | £ |
| Unrestricted funds |
| General fund | - | (1,810 | ) | (1,810 | ) |
| TOTAL FUNDS | - | (1,810 | ) | (1,810 | ) |
| Zesh Rehman Foundation |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2025 |
| 7. | RELATED PARTY DISCLOSURES |