FUNDACAO FOCUS ASSISTENCIA HUMANITARIA EUROPA
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves stood at £1,713,031 at the end of the financial year, an increase from the previous year's £1,664,574. The trustees report that these unrestricted funds, combined with expected donations and grants, are sufficient to cover management, administration, and support costs as well as emergency responses. The independent auditors confirmed that the charity has adequate resources to continue in operational existence on a going concern basis.
What the accounts disclose
“FOCUS Europe maintains unrestricted funds, which are the free reserves of the charity. The total amount of unrestricted reserves held at 31 December, which together with expected donations and grants should provide sufficient funds to cover management, administration and support costs and to respond to emergencies, which arise from time to time during financial year cycle.” — page 7
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Afsane Jetha
- Ali Rupani
- Imran Bhatia
- Omar Aminmohamed Pabani
- Rahim Shamji
- Salim Assrafali Remtula Giva
- Shabrina Jiva
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £3.3m | £3.3m |
| 31/12/2023 | £3.7m | £4.0m |
| 31/12/2022 | £3.8m | £3.5m |
| 31/12/2021 | £3.7m | £2.6m |
| 31/12/2020 | £1.8m | £2.1m |
Common questions
Is FUNDACAO FOCUS ASSISTENCIA HUMANITARIA EUROPA financially healthy?
The accounts state that unrestricted reserves stood at £1,713,031 at the end of the financial year, an increase from the previous year's £1,664,574. The trustees report that these unrestricted funds, combined with expected donations and grants, are sufficient to cover management, administration, and support costs as well as emergency responses. The independent auditors confirmed that the charity has adequate resources to continue in operational existence on a going concern basis. Its FY2024 accounts were audited by UHY Hacker Young LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| OVE ARUP PARTNERSHIP CHARITABLE TRUST | 1 | £11k |