REGISTERED COMPANY NUMBER: 06581171 (England and Wales)

REGISTERED CHARITY NUMBER: 1125211

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2026

FOR

INNER JOY FOUNDATION LIMITED

(A COMPANY LIMITED BY GUARANTEE)

Page

Report of the Trustees

1

to

3

Independent Examiner's Report

4

Statement of Financial Activities

5

Statement of Financial Position

6

to

7

Notes to the Financial Statements

8

to

12

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 30 April 2026. 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, aims and activities

To hold fund-raising events, seminars and seek regular sponsorships through standing orders for several different projects in India. The Foundation's ongoing commitment is to provide boarding and education of blind, orphaned and underprivileged children.

Additionally, to support the running costs of elderly care homes and a hospital specially built to meet the needs of the poor communities in the surrounding villages .

The charity awarded grants amounting to £60,000.00 during the year.

Volunteers

The volunteers provide their services free of charge, hence the value of such services is not incorporated into these financial statements.

ACHIEVEMENTS AND PERFORMANCE

Fundraising activities

The Foundation seeks to raise awareness of our work through musical therapy workshops and our donors also participate in personal challenges like walks or bike riding to help raise funds.

FINANCIAL REVIEW

Reserves policy

The Board of Trustees is responsible for deciding how to invest the Charity's reserves. The appropriate level of reserves is established through an annual review of the Charity's requirements and stated in the financial report.

FUTURE PLANS

The Trustees look forward to increasingly support the ongoing projects and aim for higher donated income to meet the future objectives.

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

Every person who wishes to be a Member and a trustee as such, shall deliver to the Charity an application for membership in such form as the Trustees require executed by that person.

At the next meeting of the Trustees after the receipt of any application for membership, the application shall be considered by the Trustees who shall decide upon the admission or rejection of the applicant.

Organisational structure

The board of trustees administers the charity. The board meets annually or more regularly for fund raising activities. To facilitate effective operations each trustee is delegated authority, within terms of delegation approved by the trustees, for operational matters including finance, donations, fund generating activities and granting donations.

Induction and training of new trustees

New trustees receive a comprehensive induction package, with information covering the duties of a trustee, a trustee job description, an outline of the vision, mission and implementation of the charity's services, the latest Report and Accounts and current year's budget.

All trustees are invited to familiarise themselves with the operations of the charity. Trustees are encouraged to fully enhance the objects of the charity.

Wider network

In addition to various activities in the UK, the charity aims to financially support on going projects in India. These include accommodation, boarding and lodging of under-privileged children, accommodation and meals for the elderly, assistance with running a hospital, earthquake relief, animal welfare and supporting disabled children as well as other deserving causes.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

06581171 (England and Wales)

Registered Charity number

1125211

Registered office

116 Old Church Lane

Stanmore

Middlesex

HA7 2RR

Trustees

Mrs Vijyalaxmi Kara - Trustee

Mr Himat Gami - Director

Miss Kiran Kara-Patel - Trustee (resigned 24.4.26)

Company Secretary

Miss Kiran Kara-Patel

Independent Examiner

Michael Filiou FCCA

Michael Filiou Ltd

Chartered Certified Accountants

www.michaelfiliou.com

Salisbury House

81 High Street

Potters Bar

Hertfordshire

EN6 5AS

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 13 July 2026 and signed on its behalf by:

Mr Himat Gami - Trustee

Independent examiner's report to the trustees of Inner Joy Foundation Limited ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 April 2026.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1.	accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2.	the accounts do not accord with those records; or

3.	the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or

4.

the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Michael Filiou FCCA

Michael Filiou Ltd

Chartered Certified Accountants

www.michaelfiliou.com

Salisbury House

81 High Street

Potters Bar

Hertfordshire

EN6 5AS

13 July 2026

2026

2025

Unrestricted

Restricted

Total

Total

fund

funds

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

16,654

-

16,654

14,290

Fund raising events

2

19,894

-

19,894

16,627

Investment income

3

2,046

-

2,046

1,796

Total

38,594

-

38,594

32,713

EXPENDITURE ON

Charitable activities

Children's Education

60,735

-

60,735

19,991

NET INCOME/(EXPENDITURE)

(22,141

)

-

(22,141

)

12,722

RECONCILIATION OF FUNDS

Total funds brought forward

99,881

-

99,881

87,159

TOTAL FUNDS CARRIED FORWARD

77,740

-

77,740

99,881

2026

2025

Unrestricted

Restricted

Total

Total

fund

funds

funds

funds

Notes

£

£

£

£

CURRENT ASSETS

Debtors

6

2,956

-

2,956

2,348

Cash at bank

75,504

-

75,504

98,254

78,460

-

78,460

100,602

CREDITORS

Amounts falling due within one year

7

(720

)

-

(720

)

(721

)

NET CURRENT ASSETS

77,740

-

77,740

99,881

TOTAL ASSETS LESS CURRENT LIABILITIES

77,740

-

77,740

99,881

NET ASSETS

77,740

-

77,740

99,881

FUNDS

8

Unrestricted funds

77,740

99,881

TOTAL FUNDS

77,740

99,881

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 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 13 July 2026 and were signed on its behalf by:

Mr Himat Gami - Trustee

Mrs Vijyalaxmi Kara - Trustee

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.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

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.	FUND RAISING EVENTS

2026

2025

£

£

Fund raising activities

19,894

16,627

3.	INVESTMENT INCOME

2026

2025

£

£

Deposit account interest

2,046

1,796

4.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 30 April 2026 nor for the year ended 30 April 2025.

Trustees' expenses

There were no trustees' expenses paid for the year ended 30 April 2026 nor for the year ended 30 April 2025.

5.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

fund

funds

funds

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

14,290

-

14,290

Fund raising events

16,627

-

16,627

Investment income

1,796

-

1,796

Total

32,713

-

32,713

EXPENDITURE ON

Charitable activities

Children's Education

19,991

-

19,991

NET INCOME

12,722

-

12,722

RECONCILIATION OF FUNDS

Total funds brought forward

87,159

-

87,159

TOTAL FUNDS CARRIED FORWARD

99,881

-

99,881

6.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Gift aid tax claim

2,956

2,348

7.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Accrued expenses

720

721

8.	MOVEMENT IN FUNDS

Net

movement

At

At 1.5.25

in funds

30.4.26

£

£

£

Unrestricted funds

General fund

99,881

(22,141

)

77,740

TOTAL FUNDS

99,881

(22,141

)

77,740

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

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

38,594

(60,735

)

(22,141

)

TOTAL FUNDS

38,594

(60,735

)

(22,141

)

Comparatives for movement in funds

Net

movement

At

At 1.5.24

in funds

30.4.25

£

£

£

Unrestricted funds

General fund

87,159

12,722

99,881

TOTAL FUNDS

87,159

12,722

99,881

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

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

32,713

(19,991

)

12,722

TOTAL FUNDS

32,713

(19,991

)

12,722

A current year 12 months and prior year 12 months combined position is as follows:

Net

movement

At

At 1.5.24

in funds

30.4.26

£

£

£

Unrestricted funds

General fund

87,159

(9,419

)

77,740

TOTAL FUNDS

87,159

(9,419

)

77,740

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

71,307

(80,726

)

(9,419

)

TOTAL FUNDS

71,307

(80,726

)

(9,419

)

9.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 30 April 2026.

10.	LEGAL STATUS OF THE CHARITY

The Charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £10.