GT FOUNDATION
To promote digital inclusion of under privileged socio-economic groups via subsidised internet and telephony access.
Objects
1. To advance the education of the public through educational, recreational and community engagement programmes, with an emphasis on multi-faith education. 2. To promote the development of young people, supporting them in achieving their full physical, intellectual, emotional, and spiritual potential, as responsible citizens in local and international communities, through activities conducted at the property. 3. To provide or assist in providing facilities for social welfare, for educational, recreational and other leisure-time activities, utilising the property to support these efforts with the goal of improving the quality of life for those in need of such facilities due to their social or economic circumstances.
Financial health, per its FY2024 accounts
The accounts state that the charity generated a net income surplus of £6,080 for the year ended 30 June 2024, increasing total unrestricted funds to £209,650. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity operates a defined contribution pension scheme and holds cash at bank of £115,652 against current liabilities of £59,130.
What the accounts disclose
Policies the charity declares
- Complaints handling
- Conflicting interests
- Investment
- Paying staff
- Risk management
- Safeguarding vulnerable beneficiaries
- Volunteer management
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 30/06/2023
- Grant-making is its main activity
Annual return filing dates (Charity Commission record)
Of its last 5 annual returns with a recorded received date, 3 were received after the due date: year ending 30/06/2024 (received 13/05/2025, 13 days after the 30/04/2025 due date); year ending 30/06/2023 (received 06/09/2024, 129 days after the 30/04/2024 due date); year ending 30/06/2022 (received 15/05/2024, 381 days after the 30/04/2023 due date).
Trustees
- MUHAMMAD ZIA MOHSAN
- Philip Walker
- TAHIR MOHSAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £126k | £159k |
| 30/06/2024 | £119k | £113k |
| 30/06/2023 | £117k | £120k |
| 30/06/2022 | £99k | £112k |
| 30/06/2021 | £139k | £86k |
Common questions
Is GT FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity generated a net income surplus of £6,080 for the year ended 30 June 2024, increasing total unrestricted funds to £209,650. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. The charity operates a defined contribution pension scheme and holds cash at bank of £115,652 against current liabilities of £59,130. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE RAPHAEL FRESHWATER MEMORIAL ASSOCIATION | 1 | £286k |
| PAULINE MEREDITH CHARITABLE TRUST | 1 | £99k |
| BEIS HAMEDRASH NISHMAS YISROEL LIMITED | 1 | £35k |
| MOISHE AND ESTHER ITZINGER FOUNDATION LIMITED | 1 | £30k |
| CHARITWORTH LIMITED | 1 | £25k |
| TRUEMART LIMITED | 1 | £21k |
| CHK Foundation | 1 | £10k |
| THE ALLEN LANE FOUNDATION | 1 | £5k |
Charities like this
- GC FOUNDATION
- GLOBAL SOURCENET
- GT BRIDGE COMMUNITY FORUM
- GARNDIFFAITH COMMUNITY ASSOCIATION
- GOOD THINGS FOUNDATION
- G S PLAUT CHARITABLE TRUST LIMITED
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| GT FOUNDATION | £126k | — | 0 | unclear | — | no doubt |
| GC FOUNDATION | £48k | — | 0 | unclear | — | no doubt |
| GLOBAL SOURCENET | £49k | — | 0 | below | — | no doubt |
| GT BRIDGE COMMUNITY FORUM | £80k | — | 0 | unclear | — | no doubt |
| GARNDIFFAITH COMMUNITY ASSOCIATION | £95k | — | 0 | above | — | no doubt |
| GOOD THINGS FOUNDATION | £8.1m | — | — | within | — | no doubt |