POVERTY CONCERN
1. To promote for the benefit of the inhabitants of the London Borough of Enfield and surrounding areas2. To relieve poverty and improve health and education and promote human rights as set out in the United Nations Convention on the Rights of the Child throughout the world 3. The relief of poverty in Somalia, Djibouti, Sudan, Eritrea, and Ethiopia or other organisations working to prevent
Financial health, per its FY2025 accounts
The accounts state that the charity operated with a deficit of £12,415 for the year ended 30 June 2025, resulting in a decrease in total net assets from £17,037 to £4,622. The charity holds no fixed assets and relies entirely on restricted and unrestricted grants for funding. The trustees confirmed that the organization is solvent and well-run, with no material uncertainties affecting its ability to continue as a going concern.
What the accounts disclose
“The target reserve amount represents at least 6 months’ (26 weeks) expenditure and will be reviewed annually.”
Trustees
- Khadijia Yussufchair
- IBRAHIM ISSAQ
- KHADIJA MOHAMUD
- Qadra Ali
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £58k | £32k |
| 30/06/2024 | £15k | £27k |
| 30/06/2023 | £36k | £26k |
| 30/06/2022 | £15k | £19k |
| 30/06/2021 | £26k | £26k |
Common questions
Is POVERTY CONCERN financially healthy?
Per its FY2025 accounts: The accounts state that the charity operated with a deficit of £12,415 for the year ended 30 June 2025, resulting in a decrease in total net assets from £17,037 to £4,622. The charity holds no fixed assets and relies entirely on restricted and unrestricted grants for funding. The trustees confirmed that the organization is solvent and well-run, with no material uncertainties affecting its ability to continue as a going concern. Its FY2025 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 14/10/2022 | £10k | Developing and Growing |
| The National Lottery Community Fund | 11/10/2019 | £9k | Community Communication Project |
| UK government | 03/09/2018 | £11k | Knife Crime Community Fund 18-19 |