IRON AID FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves stood at £671,266 and total fund balances at £2,589,767 as of 31 January 2023. The trustees report that the charity was severely restricted in planned activities due to efforts surrounding a planning application for a purchased police station. The auditor confirmed that the going concern basis of accounting was appropriate with no material uncertainties identified.
What the accounts disclose
Structured financials (annual return, FY ending 31/01/2025)
Trustees
- LIAQUAT KHAN
- MOHAMED AMEEN KALLA
- Sohail Anjum Syed
- TARIK CHOWDHRY
- Tariq Zaman
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £744k | £180k |
| 31/01/2024 | £1.0m | £100k |
| 31/01/2023 | £153k | £75k |
| 31/01/2022 | £2.1m | £186k |
| 31/01/2021 | £50k | £13k |
Common questions
Is IRON AID FOUNDATION financially healthy?
The accounts state that unrestricted reserves stood at £671,266 and total fund balances at £2,589,767 as of 31 January 2023. The trustees report that the charity was severely restricted in planned activities due to efforts surrounding a planning application for a purchased police station. The auditor confirmed that the going concern basis of accounting was appropriate with no material uncertainties identified. Its FY2023 accounts were audited by Reddy Siddiqui LLP.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| RANDEREE CHARITABLE TRUST | 1 | £30k |
| Evelyn Partners Charitable Trust | 1 | £700 |
| CBRE UK CHARITABLE TRUST | 1 | £250 |