EURO QUALITY FOUNDATION
The charity primarily supports high-impact charities whilst undertaking some charitable activity itself. The following sectors take precedence - Global Emergency Situations, Poverty Relief, Sustainable Living, Social Projects, Medical Requirements & Education. The charity aims to become a knowledge hub and develop best practice guidelines for donors and recipients.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves stood at £1,419,883, an increase from the previous year's £1,286,245. The trustees consider this level of funds sufficient to meet future requirements and confirm there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
“The Foundation's policy is to retain a level of unrestricted reserves, which meets the needs of the Foundation both at the current time and in the foreseeable future.” — page 6
“The Foundation received £206,036 (2024: £Nil) from Corvedale Fresh Limited. Corvedale Fresh Limited is defined as a related party under FRS 102 as one of the trustees of Euro Quality Foundation is also a director of Corvedale Fresh Limited.” — page 25
“The Foundation received £150,000 (2024: £Nil) from Newington Limited. Newington Limited is defined as a related party under FRS 102 as one of the trustees of Euro Quality Foundation is also a director of Newington Limited.” — page 25
“The Foundation received £206,036 (2024: £Nil) from Corvedale Fresh Limited. Corvedale Fresh Limited is defined as a related party under FRS 102 as one of the trustees of Euro Quality Foundation is also a director of Corvedale Fresh Limited.” — page 25
“The Foundation received £150,000 (2024: £Nil) from Newington Limited. Newington Limited is defined as a related party under FRS 102 as one of the trustees of Euro Quality Foundation is also a director of Newington Limited.” — page 25
Structured financials (annual return, FY ending 30/06/2023)
Trustees
- Ajaz Ahmed
- MR MN MANSHA
- RIZVAN MOHAMMAD KHALID
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £453k | £319k |
| 30/06/2024 | £109k | £639k |
| 30/06/2023 | £782k | £544k |
| 30/06/2022 | £718k | £628k |
| 30/06/2021 | £517k | £552k |
Common questions
Is EURO QUALITY FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £1,419,883, an increase from the previous year's £1,286,245. The trustees consider this level of funds sufficient to meet future requirements and confirm there are no material uncertainties regarding the charity's ability to continue as a going concern. Its FY2025 accounts were audited by Grant Thornton.
Who funds EURO QUALITY FOUNDATION?
Funders whose own accounts filings name EURO QUALITY FOUNDATION as a grant recipient include MUSLIM WELFARE BOARD.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| MUSLIM WELFARE BOARD | FY2025 | £2k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ROYAL COMMISSION FOR THE EXHIBITION OF 1851 | 1 | £128k |
| THE PA FOUNDATION | 1 | £57k |
| THE PERMIRA FOUNDATION | 1 | £53k |
| TACKLE AFRICA | 1 | £45k |
| HUBBUB FOUNDATION UK | 1 | £24k |
Charities like this
- EA FOUNDATION
- THE EQUILIBRIUM FOUNDATION
- THE EQ FOUNDATION
- British quality care foundation
- THE EDUCATION AND TRAINING FOUNDATION
- EUROPE TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| EURO QUALITY FOUNDATION | £453k | — | 0 | above | — | no doubt |
| EA FOUNDATION | £180k | — | 0 | unclear | — | no doubt |
| THE EQUILIBRIUM FOUNDATION | £151k | — | 0 | unclear | — | no doubt |
| THE EQ FOUNDATION | £1.0m | — | 0 | above | — | no doubt |
| British quality care foundation | £245k | — | 0 | unclear | — | no doubt |
| THE EDUCATION AND TRAINING FOUNDATION | £20.4m | — | — | above | — | no doubt |