DABBAGH WELFARE TRUST
Financial health, per its FY2023 accounts
The accounts state that total unrestricted funds increased to £549,625, with cash at bank and in hand standing at £551,825. The charity reports no tangible fixed assets and minimal creditors of £2,200, indicating a liquid position with no long-term debt. Per the trustees' report, the organization faces challenges from the global economic downturn but maintains sufficient resources to continue its charitable activities.
What the accounts disclose
“The continuing downturn in global economic will brings its own challenges and we will need to work even harder to fundraise and support the most vulnerable across the globe.” — page 9
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ALI MUHAMMED ANEES
- Gulfam Hussain
- MOHAMMED NAWAZ
- Mohammed Gulam Kibria Choudhury
- SHIRAJUL ISLAM
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £517k | £554k |
| 31/03/2024 | £808k | £636k |
| 31/03/2023 | £625k | £479k |
| 31/03/2022 | £445k | £388k |
| 31/03/2021 | £428k | £307k |
Common questions
Is DABBAGH WELFARE TRUST financially healthy?
The accounts state that total unrestricted funds increased to £549,625, with cash at bank and in hand standing at £551,825. The charity reports no tangible fixed assets and minimal creditors of £2,200, indicating a liquid position with no long-term debt. Per the trustees' report, the organization faces challenges from the global economic downturn but maintains sufficient resources to continue its charitable activities. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| VALLI CHARITABLE TRUST | 1 | £2k |
| SAYABAN WELFARE TRUST | 1 | £1k |