Human Aid & Advocacy
Financial health, per its FY2023 accounts
The accounts state that free/unrestricted reserves were £3,745, which is significantly below the trustees' stated policy target of six months of operating activities. The trustees attribute this low level to the change in year-end and cite expected Ramadan 2024 collections as evidence of future liquidity, maintaining the going concern basis. The charity has no debt or significant financial liabilities.
What the accounts disclose
“It is the aim of the Trustees to build on these reserves in future so that they can support 6 months worth of operating activities.”
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Dr Zeeshan Ahmed Siddiquichair
- Mamoon Al-Hassan
- Muhammad Shaker Chowdhury
- Razaull Ahmed
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £5.0m | £4.1m |
| 31/12/2023 | £2.5m | £2.4m |
| 31/03/2023 | £2.1m | £2.1m |
| 31/03/2022 | £2.0m | £2.1m |
| 31/03/2021 | £1.5m | £1.5m |
Common questions
Is Human Aid & Advocacy financially healthy?
The accounts state that free/unrestricted reserves were £3,745, which is significantly below the trustees' stated policy target of six months of operating activities. The trustees attribute this low level to the change in year-end and cite expected Ramadan 2024 collections as evidence of future liquidity, maintaining the going concern basis. The charity has no debt or significant financial liabilities. Its FY2023 accounts were audited by Abacus Partners (Ldn) LLP.
Who funds Human Aid & Advocacy?
Funders whose own accounts filings name Human Aid & Advocacy as a grant recipient include GLOBAL RELIEF TRUST, ZOUQ FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| GLOBAL RELIEF TRUST | FY2023 | £118k |
| ZOUQ FOUNDATION | FY2023 | — |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| RANDEREE CHARITABLE TRUST | 2 | £40k |
| SHELTERBOX TRUST | 1 | £1.4m |
| PENNY APPEAL | 1 | £644k |
| THE CMA WELFARE TRUST | 1 | £296k |
| INTERNATIONAL RESCUE COMMITTEE, U.K | 1 | £287k |
| GIVE A GIFT | 1 | £139k |
| CATHOLIC AGENCY FOR OVERSEAS DEVELOPMENT | 1 | £96k |
| START NETWORK | 1 | £89k |