THE YUSEF FOUNDATION
To advance the education ( including tertiary, social and physical training) of children and young people under the age of 21 years (at the time the application is approved) , being permanent residents of the United Kingdom or the Island of Cyprus.
Financial health, per its FY2025 accounts
The accounts state that the charity incurred a net outgoing of resources of £18,870 for the year, resulting in a decrease in total reserves from £599,843 to £613,241 (including unrealised gains). The trustees report that they have taken no expenses or remuneration and maintain tight control over expenditure. Cash at bank decreased significantly to £4,582, while the investment portfolio value increased to £610,459.
What the accounts disclose
“Sale of units. (of which £2,617 capital gain) 20,000”
Trustees
- MR A T YUSEFchair
- MISS T M YUSEF
- MRS C A YUSEF
- Stephen Norton
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 28/02/2025 | £33k | £52k |
| 29/02/2024 | £8k | £42k |
| 28/02/2023 | £6k | £35k |
| 28/02/2022 | £7k | £34k |
| 31/12/2020 | £133k | £40k |
Common questions
Is THE YUSEF FOUNDATION financially healthy?
Per its FY2025 accounts: The accounts state that the charity incurred a net outgoing of resources of £18,870 for the year, resulting in a decrease in total reserves from £599,843 to £613,241 (including unrealised gains). The trustees report that they have taken no expenses or remuneration and maintain tight control over expenditure. Cash at bank decreased significantly to £4,582, while the investment portfolio value increased to £610,459. Its FY2025 accounts were independently examined.