ASATE LTD

Registered charity 1152603 · accounts filings on the Charity Commission register

We receive donations and investment income and aim to further religious education and relieve poverty by making grants to institutions and individuals

Causes: General Charitable Purposes · Education/training · The Prevention Or Relief Of Poverty · Grant history (this charity is a funder) · Get email alerts

Latest income
£880k
Latest spending
£367k
Registered
2013
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that the charity reported a net surplus of £513,294 and holds unrestricted reserves of £4,093,085. The trustees consider the financial position to be satisfactory and do not maintain a specific reserves policy, distributing funds at their discretion. The auditor confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Accounts audited by Goldwins Limited. Discloses 3 of 6 completeness components.

Corporate structure

Company officers (Companies House)

Current officers of the charity’s own company per the Companies House register, cross-checked against the Charity Commission trustee list by name. A director not on the trustee list is usually a timing or naming difference between the two registers — check both records before drawing conclusions.

Official officers record.

Property (HM Land Registry)

2 registered titles in England and Wales held by the charity’s company or corporate body (2 freehold); recorded price paid £940k. All charity-held property. Contains HM Land Registry data © Crown copyright, OGL v3.0.

Structured financials (annual return, FY ending 28/02/2025)

Total income
£880k
Total spending
£367k
Cost of raising funds
£67k
Reserves (reported)
£354k
Employees
0

Reported reserves equal ~11.6 months of spending — in the top quarter for charities its size (median 5.2 months; benchmarks).

Per its annual return, largest income source: Donations and legacies (91% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 7.7% of total income — above the median for charities its size (4.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Throughout England

Income and spending

Financial year endIncomeSpending
28/02/2025£880k£367k
29/02/2024£872k£296k
28/02/2023£485k£206k
28/02/2022£280k£178k
28/02/2021£285k£185k

Common questions

Is ASATE LTD financially healthy?

Per its FY2025 accounts: The accounts state that the charity reported a net surplus of £513,294 and holds unrestricted reserves of £4,093,085. The trustees consider the financial position to be satisfactory and do not maintain a specific reserves policy, distributing funds at their discretion. The auditor confirmed that the going concern basis of accounting is appropriate with no material uncertainties identified. Its FY2025 accounts were audited by Goldwins Limited.

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
TRUST FOR LONDON1£40k
IHELP GLOBAL1£24k
SAMJO LIMITED1£5k
CHARLES S FRENCH CHARITABLE TRUST1£2k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with CHARITWORTH LIMITED.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
ASATE LTD£880k—0unclear—no doubt
CHARITWORTH LIMITED FY2025£3.3m—0unclear—no doubt
THE CELESTIAL CHURCH OF CHRIST SALVATION ARK PARISH FY2025£242k—0unclear—no doubt
ESHA' ATUL ISLAM FY2025£951k—0above—no doubt
SEEDS OF SADAQAH LIMITED FY2025£803k—0above—no doubt
HAVERING ASIAN SOCIAL AND WELFARE ASSOCIATION FY2026£202k—0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.