BRIGHTER FUTURE INITIATIVE
- To advance education and training;- To relieve poverty- To provide or assist in the provision of facilities in the interests of social welfare for recreation or other leisure occupation of individuals who have need of such facilities by reason of their youth, age infirmity ordisability, financial hardship or social circumstances with the object of improving their conditions of life;
Financial health, per its FY2024 accounts
The accounts state that unrestricted funds increased to £217,482 at the year end, supported by an investment property valued at £233,633. The charity reported a net income of £5,351 for the year, with total income of £28,700 and charitable expenditure of £23,349. The trustees confirmed the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
Property (HM Land Registry)
Trustees
- HUSSAN MAHMOODchair
- HALIMA MAHMOOD
- NASAR MAHMOOD
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/10/2025 | £30k | £25k |
| 31/10/2024 | £29k | £23k |
| 31/10/2023 | £28k | £26k |
| 31/10/2022 | £29k | £29k |
| 31/10/2021 | £6k | £58k |
Common questions
Is BRIGHTER FUTURE INITIATIVE financially healthy?
Per its FY2024 accounts: The accounts state that unrestricted funds increased to £217,482 at the year end, supported by an investment property valued at £233,633. The charity reported a net income of £5,351 for the year, with total income of £28,700 and charitable expenditure of £23,349. The trustees confirmed the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2024 accounts were independently examined.