EK NIWAS
General charitable purposes, education and training, counselling, care for the general public and mankind.
Objects
1)TO ADVANCE RELIGION. 2)TO PROMOTE THE EDUCATION OF PERSONS WHO THROUGH THEIR SOCIAL AND ECONOMIC CIRCUMSTANCES ARE IN NEED AND UNABLE TO GAIN EMPLOYMENT. 3)TO PROVIDE FACILITIES FOR RECREATION AND LEISURE TIME OCCUPATION. 4)TO ADVANCE EDUCATION BY PROVIDING ADVICE AND GUIDANCE UPON QUESTIONS OF HOUSING, SOCIAL WELFARE BENEFITS, UNEMPLOYMENT AND RELATED TOPICS.
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.
What the accounts disclose
“The charity’s only source of income is donations received. Total receipts on ordinary unrestricted funds were £ 76,363” — page 5
“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.”
Policies the charity declares
- Bullying and harassment policy and procedures
- Campaigns and political activity policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Engaging external speakers at charity events policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- GURJEET SINGH
- MALKIAT SINGH
- MANJIT BHAMRA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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.