KISIMA FOUNDATION
The objects of the charity are:'For the public benefit of people living in developing countries, in particular but not exclusively East Africa, India and Pakistan, by the provision of grants to individuals and/or charities as a means of: (1) The advancement of education; (2) The relief of sickness and the preservation of health; (3) The relief of poverty and financial hardship.'
Financial health, per its FY2024 accounts
The accounts state that the charity held unrestricted cash reserves of £21,980 at the end of the period, which the trustees describe as 'healthy reserves' sufficient to meet current and future obligations. Operational overheads were met personally by the trustees, and no unexpected expenditure or deficit was foreseen. The charity relies on individual and corporate giving to fund its activities.
What the accounts disclose
Trustees
- AL'ADIN MAHERALIchair
- ALIM SOMJI
- AMIT THAKRAR
- Dr Aliza Somji
- SHAFIN SOMJI
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £35k | £20k |
| 31/12/2023 | £15k | £15k |
| 31/12/2022 | £120 | £15k |
| 31/12/2021 | £110 | £15k |
| 31/12/2020 | £21k | £15k |
Common questions
Is KISIMA FOUNDATION financially healthy?
Per its FY2024 accounts: The accounts state that the charity held unrestricted cash reserves of £21,980 at the end of the period, which the trustees describe as 'healthy reserves' sufficient to meet current and future obligations. Operational overheads were met personally by the trustees, and no unexpected expenditure or deficit was foreseen. The charity relies on individual and corporate giving to fund its activities. Its FY2024 accounts were independently examined.