NEW FUTURES NEPAL LIMITED
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net expenditure of £17,911 for the year, resulting in a decrease in unrestricted funds from £163,139 to £145,228. The trustees confirmed the charity is in a sound financial position, although they designated all unrestricted funds to support long-term projects, leaving free reserves at zero. The charity relies on donations and trading activities to fund its charitable activities in Nepal and India.
What the accounts disclose
“As a result, the Free Reserves at our year-end are set at zero”
Register events
- Received assets from another charity (11/04/2012)
Trustees
- ANDREW SMALLchair
- Charles Barton
- Helen Crook
- Laxman 'Alex' Maher
- Lee Brown
- Lynne McCutcheon
- PAUL CROOK
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £122k | £165k |
| 31/03/2024 | £128k | £176k |
| 31/03/2023 | £94k | £112k |
| 31/03/2022 | £108k | £107k |
| 31/03/2021 | £118k | £117k |
Common questions
Is NEW FUTURES NEPAL LIMITED financially healthy?
The accounts state that the charity reported a net expenditure of £17,911 for the year, resulting in a decrease in unrestricted funds from £163,139 to £145,228. The trustees confirmed the charity is in a sound financial position, although they designated all unrestricted funds to support long-term projects, leaving free reserves at zero. The charity relies on donations and trading activities to fund its charitable activities in Nepal and India. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DEBMAR BENEVOLENT TRUST LIMITED | 1 | £190k |
| BEIS MENACHEM CHABAD LUBAVITCH | 1 | £102k |
| STARLOW CHARITIES LIMITED | 1 | £70k |
| THE MANOUKIAN CHARITABLE FOUNDATION | 1 | £57k |
| THE CHRISTOPHER & KIRSTY JOHNSTON CHARITABLE TRUST | 1 | £21k |
| YESHIVAS LUBAVITCH MANCHESTER | 1 | £20k |
| THE LEPROSY MISSION INTERNATIONAL | 1 | £17k |
| CHK Foundation | 1 | £15k |