NOVO JIBON
Novo jibon's target is: "helping people to help themselves". It helps poor and unemployed people through: education, vocational training and family-income generating programmes. Also emergency relief and medical support.
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
“Income consisted primarily of donations from supporters, together with Gift Aid claims on eligible UK donations.” — page 5
“Trustees aim to hold unrestricted reserves equivalent to 3 6 months of core operating expenditure” — page 5
Year-over-year changes
- Going concern: going-concern doubt noted (FY2024) → no going-concern doubt (FY2025).
Structured financials (annual return, FY ending 05/04/2025)
Trustees
- Shohiduzzaman Khanchair
- Fatma Bouziri Khan
- Mohammad Tofazzal Hossain Mazi
- REBAH AMIRI
- Shaheedur Reza Haque
- Sohana Khan
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 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?
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. 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
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| ORPHANS IN NEED | FY2023 | £320k | |
| ORPHANS IN NEED | FY2022 | £320k | |
| ORPHANS IN NEED | FY2024 | £224k | |
| HUMAN APPEAL | FY2021 | £156k | |
| ORPHANS IN NEED | FY2025 | £3k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE CAMPDEN CHARITIES TRUSTEE | 1 | £380k |
| Young K&C | 1 | £275k |
| WELLINGTON MANAGEMENT UK FOUNDATION | 1 | £127k |
| STARLOW CHARITIES LIMITED | 1 | £106k |
| KUSUMA TRUST UK | 1 | £61k |
| THE GROVE TRUST | 1 | £44k |
| THE KENSINGTON AND CHELSEA FOUNDATION | 1 | £40k |
| THE SHAFTESBURY HOMES AND ARETHUSA | 1 | £6k |
Charities like this
- NOVO COMMUNITIES
- COMMUNITIES AND HOUSING INVESTMENT IN PEOPLE
- LIVNOS BAYIS LIMITED
- PURPOSE OF LIFE
- NEW LIFE (SCUNTHORPE)
- NEW LIFE BIBLE CHURCH
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| NOVO JIBON | £676k | — | 0 | within | — | no doubt |
| NOVO COMMUNITIES | £112k | — | 0 | below | — | noted |
| COMMUNITIES AND HOUSING INVESTMENT IN PEOPLE | £207k | — | 0 | within | — | no doubt |
| LIVNOS BAYIS LIMITED | £162k | — | 0 | below | — | no doubt |
| PURPOSE OF LIFE | £2.6m | — | 0 | unclear | — | no doubt |
| NEW LIFE (SCUNTHORPE) | £721k | — | 0 | unclear | — | no doubt |