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HUMAN WELFARE INTERNATIONAL CHARITABLE TRUST

Registered charity 1050410 · accounts filings on the Charity Commission register · filing overdue (register status)

In Accordance with the Trust Document

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · Overseas Aid/famine Relief · Religious Activities · Grant history (this charity is a funder) · Get email alerts

Latest income
£1.8m
Latest spending
£481k
Registered
1995
Accounts read
FY2023

Financial health, per its FY2023 accounts

The accounts state that unrestricted reserves increased to £4,153,207, significantly exceeding the stated policy target of keeping 10% of the total outstanding loan in the bank account. The charity reported a net income of £1,258,362, driven largely by an insurance settlement, while total expenditure was £481,390. Per the trustees' report, the financial position is supported by substantial fixed assets and cash reserves, with no material uncertainties identified regarding going concern.

Automated summary of the FY2023 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Insurance claims (83% of income)
“Donations 591,621 Insurance claims 1,127,256 1,718,877”
Per its FY2023 accounts as filed with the Charity Commission.
Reserves policy: 10% of the total outstanding loan (held: £4.2m)
“It was decided that the trust will try to keep the 10% of the total outstanding loan by the trust in our bank account” — page 5
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: The Chairman Mr Anhad Raj Singh is also the chairman of Guru Amardass Charitable Hospital and Institute of Medical Sciences in Ludhiana, Punjab, India where the Trust donates part of its donations as per its deeds on an ad-hoc basis.
“The Chairman Mr Anhad Raj Singh is also the chairman of Guru Amardass Charitable Hospital and Institute of Medical Sciences in Ludhiana, Punjab, India where the Trust donates part of its donations as per its deeds on an ad-hoc basis.” — page 7
Per its FY2023 accounts as filed with the Charity Commission.

Accounts audited by S Syedain & Co. Discloses 4 of 6 completeness components.

Public fundraising profile: JustGiving — Human Welfare International Charitable Trust (matched by registered charity number).

Structured financials (annual return, FY ending 31/12/2023)

Total income
£1.8m
Total spending
£481k
Reserves (reported)
£4.2m
Employees
1

Reported reserves equal ~103.5 months of spending — in the top quarter for charities its size (median 4.8 months; benchmarks).

Register events

Trustees · trustee networks

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

Operates in: India

Income and spending

Financial year endIncomeSpending
31/12/2024——
31/12/2023£1.8m£481k
31/12/2022£610k£436k
31/12/2021£597k£930k
31/12/2020£332k£349k

Common questions

Is HUMAN WELFARE INTERNATIONAL CHARITABLE TRUST financially healthy?

Per its FY2023 accounts: The accounts state that unrestricted reserves increased to £4,153,207, significantly exceeding the stated policy target of keeping 10% of the total outstanding loan in the bank account. The charity reported a net income of £1,258,362, driven largely by an insurance settlement, while total expenditure was £481,390. Per the trustees' report, the financial position is supported by substantial fixed assets and cash reserves, with no material uncertainties identified regarding going concern. Its FY2023 accounts were audited by S Syedain & Co.