FRIENDS FOR DEVELOPMENT
Makes Grants to individuals and other organisations
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves totalled £908,766 at year-end, which the trustees consider to be within their stated policy target of three to six months' expenditure. The charity reported a net income increase from £32,156 to £27,413 in investment income, while charitable expenditure decreased significantly from £33,678 to £13,039, resulting in a positive movement in funds.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 4
Property (HM Land Registry)
Trustees
- MOHAMEDALI GULAMHUSEIN KURJI JESSANIchair
- Saleem Gulamali Jessani
- Teresa Ann South
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £27k | £13k |
| 31/12/2024 | £32k | £34k |
| 31/12/2023 | £27k | £10k |
| 31/12/2022 | £24k | £16k |
| 31/12/2021 | £19k | £20k |
Common questions
Is FRIENDS FOR DEVELOPMENT financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves totalled £908,766 at year-end, which the trustees consider to be within their stated policy target of three to six months' expenditure. The charity reported a net income increase from £32,156 to £27,413 in investment income, while charitable expenditure decreased significantly from £33,678 to £13,039, resulting in a positive movement in funds. Its FY2025 accounts were independently examined.