THE COSARAF CHARITABLE FOUNDATION

Registered charity 1118481 · accounts filings on the Charity Commission register

The Foundation makes grants and donations to support projects in the UK and overseas, with a particular focus on Africa (especially East Africa) and South East Asia. Trustees' focus is on: - promoting strong and cohesive communities;- enabling young people to realise their potential; and, - empowering women and girls

Objects

1) TO ADVANCE THE EDUCATION OF THE PUBLIC;2) THE ADVANCEMENT OF THE MUSLIM RELIGION IN ACCORDANCE WITH THE TENETS AND DOCTRINES OF ISLAM THROUGH THE HOLDING OF PRAYER MEETINGS, LECTURES, PUBLIC CELEBRATION OF RELIGIOUS FESTIVALS, PRODUCING AND/OR DISTRIBUTING LITERATURE ON ISLAM TO ENLIGHTEN OTHERS ABOUT THE ISLAMIC FAITH;3) THE RELIEF OF FINANCIAL NEED AND SUFFERING AMONG VICTIMS OF NATURAL OR OTHER KINDS OF DISASTER IN THE FORM OF MONEY OR OTHER MEANS DEEMED SUITABLE FOR PERSONS, BODIES, ORGANISATIONS AND/OR COUNTRIES AFFECTED INCLUDING THE PROVISION OF MEDICAL AID;4) THE RELIEF AND ASSISTANCE OF PEOPLE IN ANY PART OF THE WORLD WHO ARE THE VICTIMS OF WAR OR NATURAL DISASTER, TROUBLE OR CATASTROPHE IN PARTICULAR BY THE SUPPLY OF MEDICAL AID TO SUCH PERSONS;5) TO RELIEVE FINANCIAL HARDSHIP, SICKNESS AND POOR HEALTH AMONGST ELDERLY PEOPLE;6) THE RELIEF OF FINANCIAL HARDSHIP, EITHER GENERALLY OR INDIVIDUALLY, BY MAKING GRANTS OF MONEY FOR PROVIDING OR PAYING FOR GOODS, SERVICES OF FACILITIES THE RELIEF OF THE SICK AND THE POOR;7) TO ASSIST IN THE TREATMENT AND CARE OF PERSONS SUFFERING FROM MENTAL OR PHYSICAL ILLNESS OF ANY DESCRIPTION OR IN NEED OF REHABILITATION AS A RESULT OF SUCH ILLNESS, BY THE PROVISION OF FACILITIES FOR WORK AND RECREATION;8) SUCH OTHER CHARITABLE OBJECTS OR PURPOSES AS THE TRUSTEES MAY FROM TIME TO TIME DETERMINE.

Area of benefit: NOT DEFINED IN PRACTICE NATIONAL

The charity’s charitable objects and area of benefit, quoted from its governing document as held on the Charity Commission register.

Causes: Education/training · The Advancement Of Health Or Saving Of Lives · Overseas Aid/famine Relief · Religious Activities · Grant history (this charity is a funder) · website · Get email alerts

Registered contact address: Hillingdon, London, England (from the postcode on the register)

Financial health, per its FY2025 accounts

The accounts state that the charity's unrestricted reserves decreased from £2,006,585 to £1,382,194 during the year, resulting in a net movement in funds of £(702,206). The trustees report a strong financial position, noting that the charity expects to continue relying on strong income from primary donors and that social loans are expected to be recouped. The auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.

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

What the accounts disclose

Accounts audited by Moore NHC Audit Limited. Discloses 4 of 6 completeness components.

Policies the charity declares

In its annual return the charity told the Commission that it has the policies listed below. This is self-declared: it is not verified by the Commission or by this site, and it is not evidence of how a policy works in practice.

• Bullying and harassment policy and procedures
• Complaints handling
• Complaints policy and procedures
• Conflicting interests
• Financial reserves policy and procedures
• Internal charity financial controls policy and procedures
• Internal risk management policy and procedures
• Investment
• Paying staff
• Risk management
• Safeguarding policy and procedures
• Safeguarding vulnerable beneficiaries
• Serious incident reporting policy and procedures
• Social media policy and procedures
• Trustee conflicts of interest policy and procedures
• Trustee expenses policy and procedures

From the charity’s annual return (Part A, self-declared)

Answers and figures the charity gave in Part A of its annual return to the Charity Commission. They are self-declared: not verified by the Commission or by this site. Only positive answers and figures are listed; items not listed are simply not shown.

Source: this charity’s annual returns on the Charity Commission register.

Structured financials (annual return, FY ending 05/04/2024)

Reported reserves equal ~19.4 months of spending — above the median for charities its size (median 7.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (3.2%) (benchmarks).

Trustees · trustee networks

• AKBAR RASHID SHEIKH
• Ali Rashid Sheikh
• FAROUQ RASHID SHEIKH OBE · trustee of 1 other charity
• HAROON RASHID SHEIKH · trustee of 1 other charity
• Hamza Rashid Sheikh
• NAUREEN SHEIKH
• RUKHSANA SHEIKH
• SABA NAZ SHEIKH
• SEEMA JABEEN SHEIKH
• Yusuf Rashid Sheikh

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

Operates in: Bangladesh · India · Kenya · Pakistan · Throughout England · Zimbabwe

Income and spending

Common questions

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE MA'ARIF FOUNDATION UK.

• THE MA'ARIF FOUNDATION UK income £883k
• THE CORNERCROFT FOUNDATION LTD income £375k
• TY CARIAD AFRICA income £69k
• THE MARJORIE & ARNOLD ZIFF CHARITABLE FOUNDATION income £550k
• The Trust Foundation income £2.5m
• JOFFE CHARITABLE TRUST CIO income £2.4m

Side by side with its peers

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.