Beacon of Peace
1) Alleviation of poverty2) The relief and assistance of people 3) To relieve financial hardship, sickness and poor health amongst elderly people.4) The promotion of religious harmony of the benefits of the public
Financial health, per its FY2024 accounts
The accounts state that unrestricted reserves increased significantly to £276,418, providing a financial buffer for future operations. The charity reported a net surplus of £188,279, driven by increased fundraising income which was largely distributed as grants to other charitable organizations.
What the accounts disclose
“The trustees set the level of reserves with reference to planned and budgeted expenditure, taking into account the risks and commitments facing the charity.” — page 5
“During the year, Majlis Ansarullah (UK) Limited, a connected charitable organisation, met the majority of the charity’s fundraising and operating costs.This support arrangement enables Beacon of Peace to maximise the use of donations received for grant-making purposes.” — page 12
Structured financials (annual return, FY ending 31/12/2024)
Trustees
- Ashfaq Ahmad Khan
- KHALIL YOUSUF
- Lutf Ur Rehman
- MIRZA WAQAS AHMAD
- Usman Ahmad
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £553k | £365k |
| 31/12/2023 | £502k | £553k |
| 31/12/2022 | £371k | £396k |
| 31/12/2021 | £495k | £661k |
| 31/12/2020 | £426k | £178k |
Common questions
Is Beacon of Peace financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted reserves increased significantly to £276,418, providing a financial buffer for future operations. The charity reported a net surplus of £188,279, driven by increased fundraising income which was largely distributed as grants to other charitable organizations. Its FY2024 accounts were independently examined.
Who funds Beacon of Peace?
Funders whose own accounts filings name Beacon of Peace as a grant recipient include MAJLIS ANSARULLAH (UK) LTD, THE CYRIL AND EVE JUMBO CHARITABLE TRUST, WHITEHILL & BORDON COMMUNITY TRUST.
Shared trustees with funders
- KHALIL YOUSUF — trustee here and at MAJLIS ANSARULLAH (UK) LTD
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| MAJLIS ANSARULLAH (UK) LTD | FY2021 | £44k | Funds donated to Charity Walk for Peace |
| MAJLIS ANSARULLAH (UK) LTD | FY2022 | £38k | Funds donated to Charity Walk for Peace |
| THE CYRIL AND EVE JUMBO CHARITABLE TRUST | FY2025 | £5k | |
| WHITEHILL & BORDON COMMUNITY TRUST | FY2024 | £3k | Charity Walk for Peace |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| EXCELLENCE DAY NURSERY, HOLIDAY SCHEME,BEFORE AND AFTERSCHOOL CLUB) | 1 | £7k |
Charities like this
- ANCHOR OF HOPE CHRISTIAN FELLOWSHIP
- Afro-Asia Welfare Trust
- PROPHETIC GUIDANCE
- SHARING WONDERS
- KINGSTON MUSLIM ASSOCIATION
- HELPING TO MAKE A DIFFERENCE LTD
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Beacon of Peace | £553k | — | 0 | unclear | — | no doubt |
| ANCHOR OF HOPE CHRISTIAN FELLOWSHIP | £552k | — | 0 | unclear | — | no doubt |
| Afro-Asia Welfare Trust | £175k | — | 0 | unclear | — | no doubt |
| PROPHETIC GUIDANCE | £104k | — | 0 | unclear | — | no doubt |
| SHARING WONDERS | £1.1m | — | 0 | unclear | — | no doubt |
| KINGSTON MUSLIM ASSOCIATION | £734k | — | 0 | unclear | — | no doubt |