Ganco Charitable Foundation
Supporting advancement of education and religion. Promoting racial and religious harmony.
Objects
THE TRUSTEES SHALL HOLD THE TRUST INCOME UPON TRUST TO APPLY IT FOR THE BENEFIT OR IN FURTHERANCE OF SUCH CHARITABLE PURPOSES CHARITABLE INSTITUTIONS OR CHARITABLE FOUNDATIONS IN UNITED KINGDOM OR ELSEWHERE AS THE TRUSTEES MAY FROM TIME TO TIME DECIDE
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.”
Policies the charity declares
- Complaints policy and procedures
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Investing charity funds policy and procedures
- Trustee conflicts of interest policy and procedures
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.