AMC TRUST
Provide financial assistance mainly to Schools and Colleges in covering their annual expenditure. Assisting Students by paying their fees and related costs.Paying for a Clinic in Lahore , Pakistan.Paying for a Welfare Centre in Lahore assisting people by providing Food provisions and assisting with basic wedding expenses.
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net outgoing resource of £37,232 for the year ended 31 December 2024, resulting in a decrease in total reserves from £2,847,096 to £2,809,864. The trustees consider the charity to be in a strong position to continue its activities, although they note that the going concern basis is dependent on continuing grant aid. Free unrestricted liquid reserves stood at £2,621,808, which is above the stated policy target of six months' reserves.
What the accounts disclose
“The charity's aim is to have a minimum of 6 months reserves to keep providing assistance to its current projects” — page 6
“The charity is entirely dependent on continuing grant aid and as a consequence the going concern basis is also dependent on the continuing grant aid.” — page 12
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- KHALID CHAUDHRYchair
- KAMAL CHAUDHRY
- KAMRAN CHAUDHRY
- MOHAMMED BILAL CHAUDHRY
- ZAHID CHAUDHRY
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £543k | £581k |
| 31/12/2023 | £444k | £273k |
| 31/12/2022 | £187k | £195k |
| 31/12/2021 | £428k | £180k |
| 31/12/2020 | £126k | £132k |
Common questions
Is AMC TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity reported a net outgoing resource of £37,232 for the year ended 31 December 2024, resulting in a decrease in total reserves from £2,847,096 to £2,809,864. The trustees consider the charity to be in a strong position to continue its activities, although they note that the going concern basis is dependent on continuing grant aid. Free unrestricted liquid reserves stood at £2,621,808, which is above the stated policy target of six months' reserves. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| ZOUQ FOUNDATION | 1 | — |
| THE EVELYN TRUST | 1 | £61k |
| BAIG WELFARE FOUNDATION | 1 | £35k |
| THE PWC FOUNDATION | 1 | £23k |
| GLOBAL REACH | 1 | £6k |
| LANDAID CHARITABLE TRUST LIMITED | 1 | £2k |
| Evelyn Partners Charitable Trust | 1 | £0 |
Charities like this
- SAMR TRUST
- AMAN EDUCATION & MEDICAL WELFARE TRUST
- AMICUS TRUST
- THE AMECA TRUST
- THE A. H. TRUST
- AMANA TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| AMC TRUST | £543k | — | 0 | unclear | — | noted |
| SAMR TRUST | £278k | — | 0 | unclear | — | noted |
| AMAN EDUCATION & MEDICAL WELFARE TRUST | £200k | — | 0 | unclear | — | no doubt |
| AMICUS TRUST | £8.4m | £90,001 - £100,000 | 1 | unclear | — | no doubt |
| THE AMECA TRUST | £105k | — | 0 | above | — | no doubt |
| THE A. H. TRUST | £359k | — | — | unclear | — | no doubt |