DOME EDUCATION & WELFARE FOUNDATION
Latest income
£288k
Latest spending
£230k
Registered
2013
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that the charity reported a deficit of £16,906 for the year ended 31 March 2023, resulting in net liabilities of £7,867. The trustees have adopted the going concern basis for preparing the financial statements and assessed major risks, stating they are satisfied that systems are in place to mitigate exposure to those risks.
What the accounts disclose
Reserves policy: sufficient reserves so as to give flexibility to cover temporary timing differences for donations received, adequate working capital for core costs and which will allow them to respond quickly to the needs of the Trust (held: £7k)
“The Reserve Fund represents unrestricted funds. The Trustees aim to maintain sufficient reserves so as to give flexibility to cover temporary timing differences for donations received, adequate working capital for core costs and which will allow them to respond quickly to the needs of the Trust.” — page 3
Per its FY2023 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2024)
Total income
£172k
Total spending
£144k
Reserves (reported)
£0
Employees
0
Trustees
- Naushad Abdul Azizchair
- Hanif Suleman
- MR IQBAL HUSSEIN
- Nowsad Abdul Gani
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £288k | £230k |
| 31/03/2024 | £1.7m | £144k |
| 31/03/2023 | £268k | £285k |
| 31/03/2022 | £192k | £195k |
| 31/03/2021 | £289k | £285k |
Common questions
Is DOME EDUCATION & WELFARE FOUNDATION financially healthy?
The accounts state that the charity reported a deficit of £16,906 for the year ended 31 March 2023, resulting in net liabilities of £7,867. The trustees have adopted the going concern basis for preparing the financial statements and assessed major risks, stating they are satisfied that systems are in place to mitigate exposure to those risks. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE HINDUJA FOUNDATION | 1 | £1k |