FRIENDS OF ARMENIA
The objects of the charity include advancement of education and relief of financial hardship for the population Armenia, with particular emphasis to the needs of the very young and elderly. In addition support for outings for orphans and elderly people is also provided including single mothers.
Objects
THE TRUSTEES SHALL HOLD THE TRUST FUND AND ITS INCOME UPON TRUST TO APPLY THEM TO THE INHABITANTS OF ARMENIA, FOR THE FOLLOWING OBJECTS- THE RELIEF OF FINANCIAL HARDSHIP: BY GIVING MONEY TO BENEFICIARIES; BY PROVIDING FOOD, CLOTHING, HOUSING AND EQUIPMENT; BY GIVING ADVISORY OR OTHER SERVICES TO THOSE IN NEED; BY PROVIDING SUPPORT FOR OTHER ORGANISATIONS WHICH GIVE HELP TO PEOPLE SUFFERING HARDSHIP; BY PROVIDING SUPPORT TO PEOPLE SUFFERING FROM THE EFFECTS OF OLD AGE, SICKNESS AND DISABILITY; BY SUPPORT OF CHARITABLE PURPOSES FOR THE BENEFIT OF ARMENIANS IN ARMENIA.THE ADVANCEMENT OF EDUCATION: IN PLAYGROUPS, KINDERGARTENS, SCHOOLS, COLLEGES, UNIVERSITIES, STUDY GROUPS, SEMINARS, CONFERENCES, ORGANISATIONS PROVIDING WORK RELATED TRAINING, RESEARCH INSTITUTIONS, PRIVATE TUITION; BY SPONSORSHIP OF FEES AND GRANTS FOR GROUPS AND INDIVIDUALS ATTENDING THE ABOVE MENTIONED CATEGORIES.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £7,729 for the year ended 31 March 2025, with unrestricted reserves increasing to £122,837. The trustees note that while no formal reserve policy exists, sufficient funds are held to continue ongoing works and projects. The charity has no employees and all administration is performed voluntarily by trustees.
What the accounts disclose
“Donations from individuals & trustees 45,950” — page 21
Policies the charity declares
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Risk management
- Trustee conflicts of interest policy and procedures
Register events
- Received assets from another charity (16/05/2019)
Trustees
- Alexander Katsourischair
- Armik Khosrofian
- Caroline Katsouris
- Dr CHARLES GOGBASHIAN
- HILDA GOGBASHIAN
- JEANETTE HARITOUNIAN READ
- MARIETTE GALICHIAN
- PANIKOS JOANNOU KATSOURIS
- ROUBEN GALICHIAN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £83k | £71k |
| 31/03/2024 | £94k | £66k |
| 31/03/2023 | £46k | £55k |
| 31/03/2022 | £68k | £83k |
| 31/03/2021 | £114k | £110k |
Common questions
Is FRIENDS OF ARMENIA financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of £7,729 for the year ended 31 March 2025, with unrestricted reserves increasing to £122,837. The trustees note that while no formal reserve policy exists, sufficient funds are held to continue ongoing works and projects. The charity has no employees and all administration is performed voluntarily by trustees. Its FY2025 accounts were independently examined.