THE ABDALLA FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves stood at £3,417,421, a decrease from the previous year's £3,599,850, driven primarily by net investment losses of £189,768. Despite this drop, the Trustees consider the free reserves to be adequate and not excessive in light of the charity's reserve policy, maintaining that resources are sufficient for continuing activities. The charity reported no donations received in the year, relying instead on investment income of £65,108 to fund charitable grants of £29,161 and governance costs of £28,608.
What the accounts disclose
“The Trustees believe that the reserves are adequate and provide a stable basis for its continuing activities and these are reviewed on a regular basis.” — page 5
“Dr H I Abdalla made no donations (2022 - £50,000) to the charity in the year. Dr M M A Elsawi made no donations (2022 - £20,000) to the charity in the year.” — page 13
“Dr H I Abdalla made no donations (2022 - £50,000) to the charity in the year. Dr M M A Elsawi made no donations (2022 - £20,000) to the charity in the year.” — page 13
“Dr H I Abdalla made no donations (2022 - £50,000) to the charity in the year. Dr M M A Elsawi made no donations (2022 - £20,000) to the charity in the year.” — page 13
“Dr H I Abdalla made no donations (2022 - £50,000) to the charity in the year. Dr M M A Elsawi made no donations (2022 - £20,000) to the charity in the year.” — page 13
Trustees
- Dr HOSSAM IBRAHIM ABDALLAchair
- Dr MADIHA MOHAMED AHMED ELSAWI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 05/04/2025 | £220k | £77k |
| 05/04/2024 | £212k | £59k |
| 05/04/2023 | £65k | £58k |
| 05/04/2022 | £127k | £61k |
| 05/04/2021 | £95k | £43k |
Common questions
Is THE ABDALLA FOUNDATION financially healthy?
The accounts state that unrestricted reserves stood at £3,417,421, a decrease from the previous year's £3,599,850, driven primarily by net investment losses of £189,768. Despite this drop, the Trustees consider the free reserves to be adequate and not excessive in light of the charity's reserve policy, maintaining that resources are sufficient for continuing activities. The charity reported no donations received in the year, relying instead on investment income of £65,108 to fund charitable grants of £29,161 and governance costs of £28,608. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE SIR BERNARD & LADY SCHREIER FOUNDATION | 1 | £4k |
| THE CHRISTOPHER AND HENRY OLDFIELD TRUST | 1 | £0 |