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

NOVO JIBON

Registered charity 1081528 · accounts filings on the Charity Commission register · also known as JIBON, NOUVEAU JIBON, NOVOJIBON NEW LIFE CHARITY TRUST

Latest income
£676k
Latest spending
£644k
Registered
2000
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity achieved a net movement in funds of £32,411.74 for the year, resulting in unrestricted reserves of £85,725.49. Per the trustees' report, these unrestricted reserves are maintained in line with the stated policy of holding three to six months of core operating expenditure. The charity reported total income of £676,031.86 and total expenditure of £643,620.12, with no material uncertainties affecting its ability to continue as a going concern.

What the accounts disclose

Reserves policy: three to six months of core operating expenditure (held: £86k)
“Trustees aim to hold unrestricted reserves equivalent to 3 6 months of core operating expenditure” — page 5
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit).

Year-over-year changes

Comparing this charity’s FY2024 and FY2025 accounts as analysed by this site.

Public fundraising profile: JustGiving — NOVO JIBON (NEW LIFE) (matched by registered charity number).

Structured financials (annual return, FY ending 05/04/2025)

Total income
£676k
Total spending
£644k
Cost of raising funds
£187k
Reserves (reported)
£86k
Employees
0

Reported reserves equal ~1.6 months of spending — in the bottom quarter for charities its size (median 5.2 months; benchmarks).

Trustees

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

Operates in: Bangladesh · Throughout London

Income and spending

Financial year endIncomeSpending
05/04/2025£676k£644k
05/04/2024£673k£631k
05/04/2023£779k£900k
05/04/2022£709k£579k
05/04/2021£709k£579k

Common questions

Is NOVO JIBON financially healthy?

The accounts state that the charity achieved a net movement in funds of £32,411.74 for the year, resulting in unrestricted reserves of £85,725.49. Per the trustees' report, these unrestricted reserves are maintained in line with the stated policy of holding three to six months of core operating expenditure. The charity reported total income of £676,031.86 and total expenditure of £643,620.12, with no material uncertainties affecting its ability to continue as a going concern. Its FY2025 accounts were independently examined.

Who funds NOVO JIBON?

Funders whose own accounts filings name NOVO JIBON as a grant recipient include ORPHANS IN NEED, HUMAN APPEAL.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmount
ORPHANS IN NEEDFY2023£320k
ORPHANS IN NEEDFY2024£224k
HUMAN APPEALFY2021£156k
ORPHANS IN NEEDFY2025£3k

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
STARLOW CHARITIES LIMITED2£141k
FRIENDS OF WIZNITZ LIMITED1£335k
SF FOUNDATION1£209k
GILMOOR BENEVOLENT FUND LIMITED1£154k
CMZ LTD1£137k
NES FOUNDATION LTD1£112k
MERCAZ TORAH VECHESED LIMITED1£104k
TAGMARSH CHARITY LIMITED1£75k

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