HELP IN NEED TODAY
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net expenditure deficit of £92,401 for the year ended 31 March 2023, resulting in a decrease in unrestricted funds to £98,150. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern, citing a strong balance sheet and the return of fundraising opportunities to pre-pandemic levels.
What the accounts disclose
“The target reserve amount represents at least 6 months' (26 weeks) expenditure and will be reviewed annually.” — page 4
“Safar Academy Trust is a charity which provides learning materials and support to the children in need and is connected through the chairman of HINT who is also a trustee of Safar Academy Trust. . At the balance sheet date the amount due &om Safar Academy Trust was f894 (2022 - Z6, 473). Page 16” — page 18
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- HASAN ALIchair
- Hussain Mohammed Abuse Sofiean
- Mohammed Ali Muktadeer
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £558k | £391k |
| 31/03/2024 | £641k | £638k |
| 31/03/2023 | £557k | £649k |
| 31/03/2022 | £471k | £537k |
| 31/03/2021 | £464k | £243k |
Common questions
Is HELP IN NEED TODAY financially healthy?
The accounts state that the charity reported a net expenditure deficit of £92,401 for the year ended 31 March 2023, resulting in a decrease in unrestricted funds to £98,150. The trustees confirm there are no material uncertainties regarding the charity's ability to continue as a going concern, citing a strong balance sheet and the return of fundraising opportunities to pre-pandemic levels. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| CHARITY MEALS | 1 | £425k |
| BELLJOE TZEDOKO LIMITED | 1 | £68k |
| E AND E KERNKRAUT CHARITIES LIMITED | 1 | £48k |
| BORBAT LIMITED | 1 | £14k |
| THE GURU NANAK NISHKAM SEWAK JATHA (BIRMINGHAM) UK | 1 | £13k |
| SABENO LIMITED | 1 | £10k |
| REDEEMER CHURCH CHESTER LE STREET | 1 | £9k |
| GREEN CRESCENT AID UK | 1 | £250 |