MERCY 4 ALL FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that the charity reported a deficit of £34,072 for the year ended 31 January 2024, resulting in total unrestricted funds of £8,064. Per the trustees' report, they are confident that current assets are adequate to fulfill obligations and continue operations. The financial statements were subject to an independent examination rather than a full audit.
What the accounts disclose
“The 3 trustees have received management fee of £750 from the charity in the current period.” — page 8
“The 3 trustees have received management fee of £750 from the charity in the current period.” — page 8
Trustees
- Faruk Mohammed
- Munira Essop
- Siddique Ilyas Alli
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/01/2025 | £266k | £272k |
| 31/01/2024 | £199k | £233k |
| 31/01/2023 | £118k | £96k |
| 31/01/2022 | £51k | £66k |
| 31/01/2021 | £171k | £140k |
Common questions
Is MERCY 4 ALL FOUNDATION financially healthy?
The accounts state that the charity reported a deficit of £34,072 for the year ended 31 January 2024, resulting in total unrestricted funds of £8,064. Per the trustees' report, they are confident that current assets are adequate to fulfill obligations and continue operations. The financial statements were subject to an independent examination rather than a full audit. Its FY2024 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| DAWAT-E-HADIYAH TRUST (UNITED KINGDOM) | 1 | £21.1m |
| THE GRAND CHARITY | 1 | £6.6m |
| NORTHUMBERLAND MASONIC CHARITY ASSOCIATION | 1 | £275k |
| Leicestershire and Rutland Freemasons' Charity (LRFC) | 1 | £187k |
| THE WARWICKSHIRE MASONIC CHARITABLE ASSOCIATION LIMITED | 1 | £40k |
| ATTEND | 1 | £10k |
| GREEN CRESCENT AID UK | 1 | £250 |