Charity Accounts Intelreading the accounts so you don’t have to

AZUKO

Registered charity 1156354 · accounts filings on the Charity Commission register

AZUKO SEEKS TO IMPROVE LIVES IN AREAS WITH LIMITED ASSETS THROUGH COMMUNITY DRIVEN, RESEARCH BASED DESIGN INITIATIVES THAT ARE SENSITIVE TO LOCAL CONTEXTS.

Causes: Education/training · The Prevention Or Relief Of Poverty · Overseas Aid/famine Relief · Accommodation/housing · Economic/community Development/employment · website · Get email alerts

Latest income
£88k
Latest spending
£99k
Registered
2014
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that AzuKo held £49,964 in cash at year-end, which the trustees describe as a healthy financial position allowing confident planning. The charity's reserves of £43,826 were within its stated policy target range of £26,500 to £51,500. However, the trustees noted funding challenges including reduced donations, inflation, and uncertainty in the region affecting donor confidence.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: range of £26,500 and £51,500 (held: £44k)
“We aim to hold reserves in the range of £26,500 and £51,500.” — page 34
Per its FY2024 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“At the same time, the growing focus on local giving – while a positive trend for our UK work – has made it more difficult for our overseas projects to attract support. We’re also feeling the impact of high inflation in both Bangladesh and the UK, which continues to drive up costs and reduce the real value of income.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 4 of 6 completeness components.

Public fundraising profile: JustGiving — AzuKo (matched by registered charity number).

Public profiles (found on the charity’s own website): facebook · instagram

Trustees · trustee networks

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

Operates in: Bangladesh · Throughout England And Wales

Income and spending

Financial year endIncomeSpending
31/12/2024£88k£99k
31/12/2023£110k£97k
31/12/2022£90k£85k
31/12/2021£68k£67k
31/12/2020£39k£29k

Common questions

Is AZUKO financially healthy?

Per its FY2024 accounts: The accounts state that AzuKo held £49,964 in cash at year-end, which the trustees describe as a healthy financial position allowing confident planning. The charity's reserves of £43,826 were within its stated policy target range of £26,500 to £51,500. However, the trustees noted funding challenges including reduced donations, inflation, and uncertainty in the region affecting donor confidence. Its FY2024 accounts were independently examined.