Ganco Charitable Foundation
Supporting advancement of education and religion. Promoting racial and religious harmony.
Financial health, per its FY2024 accounts
The accounts state that the charity held £2,479 in unrestricted cash reserves at the year end, which trustees hold to pay expenditure such as bank charges and to make further donations. The charity received £92,000 in donations and paid £88,980 in donations during the period, resulting in a net increase in cash funds. The trustees confirmed there are no uncertainties regarding the charity continuing as a going concern.
What the accounts disclose
“The charity received donations of £92,000 and paid donations of £88,980 in the year.”
“The charity has a small amount of reserves which are held to pay expenditure such as bank charges and to make further donations.”
“During the year, The charity received donations of £89,000 from related parties.”
Trustees
- NOWSAD ABDUL GANIchair
- Muhammed Sufiyan Gani
- RUKSHANA GANI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £92k | £90k |
| 31/12/2023 | £116k | £156k |
| 31/12/2022 | £207k | £168k |
| 31/12/2021 | £376k | £380k |
| 31/12/2020 | £187k | £194k |
Common questions
Is Ganco Charitable Foundation financially healthy?
Per its FY2024 accounts: The accounts state that the charity held £2,479 in unrestricted cash reserves at the year end, which trustees hold to pay expenditure such as bank charges and to make further donations. The charity received £92,000 in donations and paid £88,980 in donations during the period, resulting in a net increase in cash funds. The trustees confirmed there are no uncertainties regarding the charity continuing as a going concern. Its FY2024 accounts were independently examined.