Charity Accounts Intelreading the accounts so you don’t have to

FRIENDS OF ARAMED FOUNDATION LIMITED

Registered charity 1112298 · accounts filings on the Charity Commission register

The relief of sickness and the preservation and protection of good health among the inhabitants of Nigeria by assisting inthe maintenance, support and equipping of a free hospital (The Aramed Centre) for those who could not otherwise affordor access medical treatment or services.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · The Prevention Or Relief Of Poverty · Get email alerts

Latest income
£32k
Latest spending
£17k
Registered
2005
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net surplus of £14,177 for the year ended 31 March 2025, with total unrestricted funds increasing to £467,781. The trustees consider these reserves appropriate for planned activities and confirmed adequate resources for future operational existence. No fundraising activities or employee remuneration were recorded during the period.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Related-party transaction: The trustees outsource administration of the charity to Sequent (Guernsey) Limited and therefore the charity has no employees. The trustees, who are the key management personnel, did not receive any remuneration or have any expenses reimbursed in the current or comparative year. During the period Sequent (Guernsey) Limited invoices are no longer in the name of the company and are now invoiced and paid by a related party entity. These invoices, totalling GBP 9,507 have been recognised in the financial statements as both an expenditure and a corresponding donation under ‘Donated services’ line in the Statement of Financial Activities.
“Included in the above is £103,468 (2024: £88,136) from companies connected to the settlor of the Foundation.” — page 11
“Included in the above is £103,468 (2024: £88,136) from companies connected to the settlor of the Foundation.” — page 11
Per its FY2025 accounts as filed with the Charity Commission.
Related-party transaction: Included in creditors is £103,468 from companies connected to the settlor.
“Included in the above is £103,468 (2024: £88,136) from companies connected to the settlor of the Foundation.” — page 11
“Included in the above is £103,468 (2024: £88,136) from companies connected to the settlor of the Foundation.” — page 11
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 3 of 6 completeness components.

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: City Of London · Nigeria

Income and spending

Financial year endIncomeSpending
31/03/2025£32k£17k
31/03/2024£22k£26k
31/03/2023£7k£16k
31/03/2022£0£1k
31/03/2021£0£17k

Common questions

Is FRIENDS OF ARAMED FOUNDATION LIMITED financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £14,177 for the year ended 31 March 2025, with total unrestricted funds increasing to £467,781. The trustees consider these reserves appropriate for planned activities and confirmed adequate resources for future operational existence. No fundraising activities or employee remuneration were recorded during the period. Its FY2025 accounts were independently examined.