AYAAN FOUNDATION
The Ayaan Foundation, deeply rooted in our local community, branches out its influence globally, empowering individuals to transcend geographical and societal boundaries. We meticulously identify the needs of communities and implement sustainable, long-term solutions spanning vital areas such as education, health, skill development, sports, mental wellbeing, and basic necessities.
Objects
FOR THE PUBLIC BENEFIT, THE OBJECTS OF THE CIO ARE:1. TO ADVANCE IN LIFE AND RELIEVE THE NEEDS OF YOUNG PEOPLE LIVING IN OLDHAM THROUGH:A. THE PROVISION OF RECREATIONAL AND LEISURE TIME ACTIVITIES PROVIDED IN THE INTEREST OF SOCIAL WELFARE, DESIGNED TO IMPROVE THEIR CONDITIONS OF LIFE;B. PROVIDING SUPPORT AND ACTIVITIES WHICH DEVELOP THEIR SKILLS, CAPACITIES AND CAPABILITIES TO ENABLE THEM TO PARTICIPATE IN SOCIETY AS MATURE AND RESPONSIBLE INDIVIDUALS.2. THE PREVENTION OR RELIEF OF POVERTY OR FINANCIAL HARDSHIP IN BANGLADESH BY PROVIDING OR ASSISTING IN THE PROVISION OF EDUCATION, TRAINING, HEALTHCARE AND ALL NECESSARY SUPPORT DESIGNED TO ENABLE INDIVIDUALS TO GENERATE SUSTAINABLE INCOME AND BE SELF-SUFFICIENT.
Financial health, per its FY2025 accounts
The accounts state that the charity held unrestricted cash funds of £1,451.06 at the year end, resulting in a small net receipt of £295 for the period. The trustees' report indicates a reserves policy to maintain three months of running costs, but the actual cash balance is significantly below this target. No restricted funds or other assets are disclosed in the statement of assets and liabilities.
What the accounts disclose
“Other income 39,450 - 39,450 500” — page 6
“It is the policy of the Trustees to maintain reserves at levels to cover administrative and general running costs for a period of three months.” — page 4
“During the year the Charity paid fees totalling £nil (2024 - £0) to a Trustee.” — page 8
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- ali asgorchair
- milkan ahmed
- mohammed mothiur rahman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £42k | £42k |
| 31/03/2024 | £25k | £24k |
| 31/03/2023 | £0 | £0 |
Common questions
Is AYAAN FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity held unrestricted cash funds of £1,451.06 at the year end, resulting in a small net receipt of £295 for the period. The trustees' report indicates a reserves policy to maintain three months of running costs, but the actual cash balance is significantly below this target. No restricted funds or other assets are disclosed in the statement of assets and liabilities. Its FY2025 accounts were independently examined.