"IF..."
Financial health, per its FY2023 accounts
The accounts state that total income decreased to £2,648,923 from £3,107,691 in the prior year, while total expenditure fell to £2,088,464. The charity holds unrestricted reserves of £1,200,708, which the trustees confirm is sufficient to cover operational costs and planned charitable expenditure for at least one year.
What the accounts disclose
“During the year no employees had emoluments over £60,000 (2022 – None).” — page 22
“The trustees have established a policy whereby the unrestricted funds not committed or invested are maintained at a level that allows the charity to operate as a going concern for at least one year.” — page 8
“The trustees received no remuneration during 2023 (2022 ‐ nil). During the year there were no other related party transactions.” — page 26
“This led to a delay of submitting the annual report for 2022 to the Charities Commission.” — page 5
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Abdessamed El Haouarichair
- Omar Kachouh Male
- Sohidul Choudhury
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £3.0m | £2.2m |
| 31/12/2023 | £2.6m | £2.1m |
| 31/12/2022 | £3.1m | £4.0m |
| 31/12/2021 | £4.1m | £3.4m |
| 31/12/2020 | £2.2m | £1.7m |
Common questions
Is "IF..." financially healthy?
The accounts state that total income decreased to £2,648,923 from £3,107,691 in the prior year, while total expenditure fell to £2,088,464. The charity holds unrestricted reserves of £1,200,708, which the trustees confirm is sufficient to cover operational costs and planned charitable expenditure for at least one year. Its FY2023 accounts were audited by M Akram & Co..
What does the highest-paid employee of "IF..." earn?
Per its FY2023 accounts, the highest-paid employee was in the Under £60,000 band.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHOOSE LOVE | 2 | £229k |
| THE MURIEL AND GERSHON COREN CHARITABLE FOUNDATION | 1 | £1.6m |
| THE SAM AND BELLA SEBBA CHARITABLE FOUNDATION | 1 | £608k |
| THE KASNER CHARITABLE TRUST | 1 | £380k |
| THE UKI CHARITABLE FOUNDATION | 1 | £359k |
| THE LADY FATEMAH (A.S.) CHARITABLE TRUST | 1 | £211k |
| THE JUSACA CHARITABLE TRUST | 1 | £206k |
| HUMAN APPEAL | 1 | £168k |