DROP OF COMPASSION
Financial health, per its FY2023 accounts
The accounts state that the charity raised £1,095,825 in donations and incurred £1,032,138 in total expenditure, resulting in a net income of £63,687. Per the trustees' report, the charity is in a healthy position due to effective cost control, with unrestricted reserves of £210,748 held to cover future administration costs. The trustees consider it prudent that reserves be sufficient for the charity's use and aim to utilize unrestricted funds within a year.
What the accounts disclose
“We aim to utilise the funds within a year of receiving them. Reserves are held for long term projects and for responding to emergencies and disasters. The unrestricted funds the charity holds is to ensure that it has sufficient reserves to cover the costs of managing and administering the charity for the following year.” — page 10
Structured financials (annual return, FY ending 28/02/2025)
Trustees
- HANIF YUSUF LAMBATchair
- ISMAIL YUSUF PATEL
- Irfan Harun Chhatbar
- MUHAMMAD YUSUF PATEL
- OMAR MANSUR ISMAIL
- SAJID CHOPDAT
- SHO'AYB MUSSA LAMBAT
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £906k | £977k |
| 29/02/2024 | £1.1m | £1.1m |
| 28/02/2023 | £1.1m | £1.0m |
| 28/02/2022 | £958k | £854k |
| 28/02/2021 | £1.1m | £1.0m |
Common questions
Is DROP OF COMPASSION financially healthy?
The accounts state that the charity raised £1,095,825 in donations and incurred £1,032,138 in total expenditure, resulting in a net income of £63,687. Per the trustees' report, the charity is in a healthy position due to effective cost control, with unrestricted reserves of £210,748 held to cover future administration costs. The trustees consider it prudent that reserves be sufficient for the charity's use and aim to utilize unrestricted funds within a year. Its FY2023 accounts were audited by Watergates Ltd.
Who funds DROP OF COMPASSION?
Funders whose own accounts filings name DROP OF COMPASSION as a grant recipient include ZOUQ FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| ZOUQ FOUNDATION | FY2023 | — |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| SHELTERBOX TRUST | 1 | £1.4m |
| THE CMA WELFARE TRUST | 1 | £296k |
| INTERNATIONAL RESCUE COMMITTEE, U.K | 1 | £287k |
| GIVE A GIFT | 1 | £139k |
| THE JUSACA CHARITABLE TRUST | 1 | £120k |
| CATHOLIC AGENCY FOR OVERSEAS DEVELOPMENT | 1 | £96k |
| EDUCATIONAL OPPORTUNITY FOUNDATION | 1 | £90k |
| START NETWORK | 1 | £89k |