THE DESK & CHAIR FOUNDATION
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds increased from £974 to £46,254, driven by a net income of £45,280 against charitable expenditure of £267,950. The charity holds cash at bank of £47,334 with minimal creditors of £1,080, indicating a stable short-term liquidity position. The trustees acknowledge their responsibilities for preparing financial statements that give a true and fair view.
What the accounts disclose
Year-over-year changes
- Going concern: going-concern doubt noted (FY2024) → no going-concern doubt (FY2025).
Corporate structure
- Registered company of the charity Companies House 04873624
Funders the charity credits
- Welfare Aid International of Australia
- M V LATEST NEWS GROUP
Trustees
- ABUL KASSIM MEGHJEE
- Dr SALIM MEGHJEE
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £313k | £268k |
| 31/12/2024 | £314k | £313k |
| 31/12/2023 | £304k | £313k |
| 31/12/2022 | £255k | £263k |
| 31/12/2021 | £279k | £295k |
Common questions
Is THE DESK & CHAIR FOUNDATION financially healthy?
The accounts state that unrestricted funds increased from £974 to £46,254, driven by a net income of £45,280 against charitable expenditure of £267,950. The charity holds cash at bank of £47,334 with minimal creditors of £1,080, indicating a stable short-term liquidity position. The trustees acknowledge their responsibilities for preparing financial statements that give a true and fair view. Its FY2025 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ONE FOOTSTEP | 2 | — |
| THE MOTIVATION CHARITABLE TRUST | 1 | £81k |
| HALLMARK CARE HOMES FOUNDATION | 1 | £26k |