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THE AMAR INTERNATIONAL CHARITABLE FOUNDATION

Registered charity 1047432 · accounts filings on the Charity Commission register

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Latest income
£2.5m
Latest spending
£1.8m
Registered
1995
Accounts read
FY2022

Financial health, per its FY2022 accounts

The accounts state that the charity ended the year with negative unrestricted reserves of £607,389, resulting in total net assets of £(34,299). The trustees acknowledge the negative reserves and have implemented a fiscal recovery plan to clear the deficit over a maximum of five years, supported by underlying donor support and new funding streams. The auditors noted uncertainty regarding the going concern basis due to these financial pressures, although they did not modify their opinion.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy
“The trustees acknowledge the negative reserves - with the support of a major donor and the implementation of a fiscal recovery policy it is intended that the negative reserves will be cleared over a maximum of the next 5 years.”
Per its FY2022 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“We draw attention to note 2.2 in the financial statements, which indicates that there is some uncertainty in respect of the appropriateness of the going concern basis, in preparing these financial statements. This note sets out the conditions which may cast doubt on the charity's ability to continue as a going concern, but also the plans and measures in place to mitigate this risk.” — page 11
Per its FY2022 accounts as filed with the Charity Commission.

Accounts audited by Kreston Reeves LLP. Discloses 4 of 6 completeness components.

Public fundraising profile: JustGiving — AMAR Foundation (matched by registered charity number).

Structured financials (annual return, FY ending 31/12/2024)

Total income
£2.5m
Total spending
£1.8m
Cost of raising funds
£27k
Reserves (reported)
£977k
Employees
22

Reported reserves equal ~6.4 months of spending — above the median for charities its size (median 4.8 months; benchmarks).

Trustees

Trustee list from the Charity Commission register (current, not historical).

Operates in: Iraq · Lebanon · Romania · Somalia · Ukraine · Yemen

Income and spending

Financial year endIncomeSpending
31/12/2024£2.5m£1.8m
31/12/2023£2.4m£2.1m
31/12/2022£2.6m£2.8m
31/12/2021£1.2m£1.6m
31/12/2020£5.1m£4.9m

Common questions

Is THE AMAR INTERNATIONAL CHARITABLE FOUNDATION financially healthy?

The accounts state that the charity ended the year with negative unrestricted reserves of £607,389, resulting in total net assets of £(34,299). The trustees acknowledge the negative reserves and have implemented a fiscal recovery plan to clear the deficit over a maximum of five years, supported by underlying donor support and new funding streams. The auditors noted uncertainty regarding the going concern basis due to these financial pressures, although they did not modify their opinion. Its FY2022 accounts were audited by Kreston Reeves LLP.