THE QUEEN RANIA FOUNDATION
Latest income
£244k
Latest spending
£249k
Registered
2016
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that the charity had free reserves of £6,379 at the year end, which the trustees consider minimal given the aim to work almost exclusively with volunteers. The charity reports a net incoming resource of £3,143 for the year and acknowledges a short-term dependency on funding from its sister-charity in Jordan to meet liabilities. The trustees consider the charity to be in a strong position to continue its activities, supported by a letter of commitment from the Jordan entity.
What the accounts disclose
Reserves policy: minimal reserves (held: £6k)
“As such, the Charity requires minimal reserves.”
Per its FY2023 accounts as filed with the Charity Commission.
Going concern: noted by the trustees or auditor
“In the short term, the charity is dependent on funding from The Queen Rania Foundation in Jordan, an independent sister-charity with a shared charitable mission, to meet its liabilities as they fall due.” — page 11
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Trustee donations of £34,804 were received in the year ended 31 December 2023 (2022: £29,953).
“Trustee donations of £34,804 were received in the year ended 31 December 2023 (2022: £29,953). During the year The Queen Rania Foundation in Jordan, an independent sister-charity with a shared charitable mission, donated £16,990 to the charity (2022: £97,724). As set out in note 3, it also provided donated services with an estimated value of £30,000 (2023: £nil). During the year the charity paid £177 (2022: £574) to Irwin Mitchell LLP in relation to company secretarial services. David Freeman, a Trustee, is a consultant to Irwin Mitchell LLP.” — page 16
“During the year The Queen Rania Foundation in Jordan, an independent sister-charity with a shared charitable mission, donated £16,990 to the charity (2022: £97,724). As set out in note 3, it also provided donated services with an estimated value of £30,000 (2023: £nil).” — page 16
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Donated services from sister charity
“Trustee donations of £34,804 were received in the year ended 31 December 2023 (2022: £29,953). During the year The Queen Rania Foundation in Jordan, an independent sister-charity with a shared charitable mission, donated £16,990 to the charity (2022: £97,724). As set out in note 3, it also provided donated services with an estimated value of £30,000 (2023: £nil). During the year the charity paid £177 (2022: £574) to Irwin Mitchell LLP in relation to company secretarial services. David Freeman, a Trustee, is a consultant to Irwin Mitchell LLP.” — page 16
“During the year The Queen Rania Foundation in Jordan, an independent sister-charity with a shared charitable mission, donated £16,990 to the charity (2022: £97,724). As set out in note 3, it also provided donated services with an estimated value of £30,000 (2023: £nil).” — page 16
Per its FY2023 accounts as filed with the Charity Commission.
Related-party transaction: Payment to trustee-connected business
“Trustee donations of £34,804 were received in the year ended 31 December 2023 (2022: £29,953). During the year The Queen Rania Foundation in Jordan, an independent sister-charity with a shared charitable mission, donated £16,990 to the charity (2022: £97,724). As set out in note 3, it also provided donated services with an estimated value of £30,000 (2023: £nil). During the year the charity paid £177 (2022: £574) to Irwin Mitchell LLP in relation to company secretarial services. David Freeman, a Trustee, is a consultant to Irwin Mitchell LLP.” — page 16
“During the year The Queen Rania Foundation in Jordan, an independent sister-charity with a shared charitable mission, donated £16,990 to the charity (2022: £97,724). As set out in note 3, it also provided donated services with an estimated value of £30,000 (2023: £nil).” — page 16
Per its FY2023 accounts as filed with the Charity Commission.
Year-over-year changes
- Going concern: no going-concern doubt (FY2022) → going-concern doubt noted (FY2023).
Trustees
- Antonello Barbaro
- Bassem Saad
- DAVID CHARLES FREEMAN
- SAID SAMIH DARWAZAH
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £244k | £249k |
| 31/12/2023 | £99k | £96k |
| 31/12/2022 | £178k | £248k |
| 31/12/2021 | £393k | £441k |
| 31/12/2020 | £444k | £514k |
Common questions
Is THE QUEEN RANIA FOUNDATION financially healthy?
The accounts state that the charity had free reserves of £6,379 at the year end, which the trustees consider minimal given the aim to work almost exclusively with volunteers. The charity reports a net incoming resource of £3,143 for the year and acknowledges a short-term dependency on funding from its sister-charity in Jordan to meet liabilities. The trustees consider the charity to be in a strong position to continue its activities, supported by a letter of commitment from the Jordan entity. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| The Ashley Tabor-King Foundation | 1 | £1.1m |
| ANA LEAF FOUNDATION | 1 | £1.0m |
| THE RUMI FOUNDATION | 1 | £550k |
| THE RUBIN FOUNDATION CHARITABLE TRUST | 1 | £300k |
| PETER DUBENS FAMILY FOUNDATION | 1 | £300k |
| IGY FOUNDATION | 1 | £250k |
| The Ethos Foundation | 1 | £200k |
| THE THOMPSON FAMILY CHARITABLE TRUST | 1 | £150k |