I.K. FOUNDATION
The charity's objects are the relief of poverty and famine, the preservation and protection of good health, and for the advancement of religious purposes anywhere in the world which are charitable according to the laws of England and Wales.
Objects
THE RELIEF OF POVERTY AND FAMINE, THE PRESERVATION AND PROTECTION OF GOOD HEALTH, AND FOR THE ADVANCEMENT OF EDUCATION AND THE ADVANCEMENT OF RELIGIOUS PURPOSES ANYWHERE IN THE WORLD WHICH ARE CHARITABLE ACCORDING TO THE LAWS OF ENGLAND AND WALES.
Financial health, per its FY2026 accounts
The accounts state that the charity held unrestricted reserves of £24,120 at the balance sheet date, with a net income of £4,640 for the year. The trustees report that no reserves are considered necessary as the charity employs no staff and has no overhead commitments. The independent examiner confirmed that no material matters came to attention during the examination of the accounts.
What the accounts disclose
“As the charity does not employ any staff or have any commitments to overheads, it is not considered necessary to hold any reserves.” — page 3
“During the year under review, the charity received donations from Shiraz Merali, a trustee, totalling £20,000 (2024: 8000)” — page 3
Policies the charity declares
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
Trustees
- SHIRAZ MERALI
- SHIRIN MERALI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2026 | £40k | £35k |
| 05/04/2025 | £25k | £10k |
| 05/04/2024 | £10k | £12k |
| 05/04/2023 | £5k | £36k |
| 05/04/2022 | £30k | £20k |
Common questions
Is I.K. FOUNDATION financially healthy?
Per its FY2026 accounts: The accounts state that the charity held unrestricted reserves of £24,120 at the balance sheet date, with a net income of £4,640 for the year. The trustees report that no reserves are considered necessary as the charity employs no staff and has no overhead commitments. The independent examiner confirmed that no material matters came to attention during the examination of the accounts. Its FY2026 accounts were independently examined.