Charity Accounts Intelreading the accounts so you don’t have to

EK NIWAS

Registered charity 1056024 · accounts filings on the Charity Commission register

General charitable purposes, education and training, counselling, care for the general public and mankind.

Causes: General Charitable Purposes · Education/training · Get email alerts

Latest income
£76k
Latest spending
£94k
Registered
1996
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that total unrestricted income for the year was £76,363, resulting in a net decrease in cash reserves of £17,616 compared to the previous year. The trustees report that the charity remains a going concern and is satisfied it can continue its activities. The reserve policy aims to maintain sufficient funds for working capital and flexibility, though no specific monetary target is defined.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Donations (83% of income)
“The charity’s only source of income is donations received. Total receipts on ordinary unrestricted funds were £ 76,363” — page 5
Per its FY2024 accounts as filed with the Charity Commission.
Reserves policy: sufficient reserves so as to give flexibility to cover temporary timing differences for donations received, adequate working capital for core costs and which allow them to respond quickly to the needs of the Charity (held: £28k)
“The Trustees aim to maintain sufficient reserves so as to give flexibility to cover temporary timing differences for donations received, adequate working capital for core costs and which allow them to respond quickly to the needs of the Charity.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Trustees · trustee networks

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

Operates in: Birmingham City · Coventry City · Dudley · India · Sandwell · Solihull · Walsall · Wolverhampton

Income and spending

Financial year endIncomeSpending
31/12/2024£76k£94k
31/12/2023£88k£67k
31/12/2022£60k£49k
31/12/2021£44k£41k
31/12/2020£47k£43k

Common questions

Is EK NIWAS financially healthy?

Per its FY2024 accounts: The accounts state that total unrestricted income for the year was £76,363, resulting in a net decrease in cash reserves of £17,616 compared to the previous year. The trustees report that the charity remains a going concern and is satisfied it can continue its activities. The reserve policy aims to maintain sufficient funds for working capital and flexibility, though no specific monetary target is defined. Its FY2024 accounts were independently examined.