YUSUF FAMILY WELFARE TRUST
.Working towards the relief of need, hardship or distress of the poor in particular poor orphan children and widows..The relief of sickness and the disabled throughout the world.
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds stood at £454,846 at year-end, which the trustees consider to be within their stated policy target of maintaining reserves equivalent to three to six months of expenditure. The trustees report a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure.” — page 5
Trustees
- Mariyum Ali
- USMAN NAZIR ALI
- UWAIS NAZIR YUSUF ALI
- YASMIN ALI
- Zainab Nazir Yusuf Ali
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £134k | £140k |
| 31/12/2023 | £125k | £125k |
| 31/12/2022 | £108k | £114k |
| 31/12/2021 | £141k | £153k |
| 31/12/2020 | £121k | £122k |
Common questions
Is YUSUF FAMILY WELFARE TRUST financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds stood at £454,846 at year-end, which the trustees consider to be within their stated policy target of maintaining reserves equivalent to three to six months of expenditure. The trustees report a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were independently examined.