ANSAR FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the charity reported a net incoming resource gain of £30,954 for the year ended 31 August 2024, with total unrestricted reserves standing at £99,258. The trustees are satisfied that reserves are presently more than adequate to meet future expenditure, noting that the reserves policy is to ensure day-to-day operations continue into the foreseeable future. Per the independent examiner's report, no material matters were identified that would cause concern regarding the financial statements or accounting records.
What the accounts disclose
“The reserves policy is to have reserves available in order to ensure the day to day operation continue into the foreseeable future.”
Trustees
- MOHAMMED FAROOQ MALIK
- Mohsin Farooq Malik
- OMAR FAROOQ
- SHAHNAZ FAROOQ MALIK
- Sabah Malik
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/08/2025 | £115k | £124k |
| 31/08/2024 | £126k | £95k |
| 31/08/2023 | £154k | £154k |
| 31/08/2022 | £170k | £129k |
| 31/08/2021 | £190k | £144k |
Common questions
Is ANSAR FOUNDATION financially healthy?
The accounts state that the charity reported a net incoming resource gain of £30,954 for the year ended 31 August 2024, with total unrestricted reserves standing at £99,258. The trustees are satisfied that reserves are presently more than adequate to meet future expenditure, noting that the reserves policy is to ensure day-to-day operations continue into the foreseeable future. Per the independent examiner's report, no material matters were identified that would cause concern regarding the financial statements or accounting records. Its FY2024 accounts were independently examined.