BLACKBURN U.K. TRUST
Financial health, per its FY2023 accounts
The accounts state that the charity generated a net income of £75,404 for the year ended 31 March 2023, with total unrestricted and restricted funds increasing to £407,715. The trustees maintain a cash reserve policy to ensure adequate resources for emergencies, holding £157,514 in cash reserves at year-end. The independent auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The trustees consider that, given the nature of our work; a reasonable cash reserve should be always maintained to allow us to respond quickly to emergencies where immediate relief is needed.” — page 4
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- MOHAMED SALEH SULEMAN DHANCHORAchair
- IQBAL OMARJI MASTER
- Mohamed Faruk Patel
- SULEMAN ADAM MAKDA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £4.5m | £3.2m |
| 31/03/2024 | £2.9m | £2.7m |
| 31/03/2023 | £1.6m | £1.5m |
| 31/03/2022 | £1.3m | £1.2m |
| 31/03/2021 | £967k | £885k |
Common questions
Is BLACKBURN U.K. TRUST financially healthy?
The accounts state that the charity generated a net income of £75,404 for the year ended 31 March 2023, with total unrestricted and restricted funds increasing to £407,715. The trustees maintain a cash reserve policy to ensure adequate resources for emergencies, holding £157,514 in cash reserves at year-end. The independent auditors confirmed that the financial statements give a true and fair view and identified no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2023 accounts were audited by Xeinadin Audit Ltd.