THE LATIF FOUNDATION
General charitable purposes
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £80,245 for the year, resulting in a decrease in total net assets from £1,855,125 to £1,774,880. The charity holds significant unrestricted reserves of £1,774,880, although it also reports net current liabilities of £885,630 primarily due to deferred income. The trustees have confirmed the accounts are unaudited and prepared in accordance with UK GAAP.
What the accounts disclose
Property (HM Land Registry)
Trustees
- MOHAMMAD ISHTIAQ LATIFchair
- AAISHA ISHTIAQ LATIF MILNS
- Amir Ishtiaq Latif
- FARAH ISHTIAQ LATIF
- KASHIF ISHTIAQ LATIF
- NAGHMA ISHTIAQ LATIF
- NAZIA ISHTIAQ LATIF
- SEMA ISHTIAQ LATIF AWAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £207k | £287k |
| 29/02/2024 | £216k | £158k |
| 28/02/2023 | £191k | £332k |
| 28/02/2022 | £170k | £151k |
| 28/02/2021 | £317k | £124k |
Common questions
Is THE LATIF FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £80,245 for the year, resulting in a decrease in total net assets from £1,855,125 to £1,774,880. The charity holds significant unrestricted reserves of £1,774,880, although it also reports net current liabilities of £885,630 primarily due to deferred income. The trustees have confirmed the accounts are unaudited and prepared in accordance with UK GAAP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DEBMAR BENEVOLENT TRUST LIMITED | 2 | £991k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £183k |
| RNH SYNAGOGUE & COLLEGE LTD | 1 | £75k |
| THE BEAVERBROOKS CHARITABLE TRUST | 1 | £43k |
| THE HOLDEN CHARITABLE TRUST | 1 | £22k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| THE BOOTH CHARITIES | 1 | £19k |
| THE ALBERT GUBAY CHARITABLE FOUNDATION | 1 | £12k |
Charities like this
- YAD VEACHISOMOCH L'CHAIM
- MOSTAFAVI FOUNDATION
- THE REISNER CHARITABLE FOUNDATION LTD
- MW (GK) FOUNDATION
- SPECIAL SPIRITS
- THE READING FOUNDATION
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE LATIF FOUNDATION | £207k | — | 0 | unclear | — | no doubt |
| YAD VEACHISOMOCH L'CHAIM | £834k | — | 0 | unclear | — | no doubt |
| MOSTAFAVI FOUNDATION | £144k | — | 0 | below | — | no doubt |
| THE REISNER CHARITABLE FOUNDATION LTD | £175k | — | 0 | unclear | — | no doubt |
| MW (GK) FOUNDATION | £261k | Under £60,000 | 0 | unclear | — | no doubt |
| SPECIAL SPIRITS | £490k | — | 0 | unclear | 4.7% | no doubt |