PEOPLES NEEDS UK
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves stood at £199,600 at the end of the financial year, with the trustees noting these are held for ongoing projects, invoices, and administrative costs. The charity reported a net income of £8,129 for the year, derived from incoming resources of £492,785 against total expenditures of £484,656. The trustees confirmed that the charity is operating on a going concern basis with no material uncertainties identified.
What the accounts disclose
Structured financials (annual return, FY ending 05/04/2022)
Trustees
- MR A H MALIKchair
- Dr TALHA MALIK
- SALIM PATEL
- USMANGANI ISMAIL PATEL
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £476k | £409k |
| 05/04/2024 | £470k | £390k |
| 05/04/2023 | £493k | £485k |
| 05/04/2022 | £561k | £503k |
| 05/04/2021 | £558k | £502k |
Common questions
Is PEOPLES NEEDS UK financially healthy?
The accounts state that unrestricted reserves stood at £199,600 at the end of the financial year, with the trustees noting these are held for ongoing projects, invoices, and administrative costs. The charity reported a net income of £8,129 for the year, derived from incoming resources of £492,785 against total expenditures of £484,656. The trustees confirmed that the charity is operating on a going concern basis with no material uncertainties identified. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHARITY MEALS | 1 | £425k |
| MUSLIM COMMUNITY & EDUCATION CENTRE (MCEC) | 1 | £5k |