THE AZIZ FOUNDATION
Financial health, per its FY2024 accounts
The accounts state that total income decreased to £1,671,067 from £2,155,057 in the prior year, while total expenditure fell to £1,671,067, resulting in a balanced net movement. The charity holds no free reserves, a position the Trustees justify by citing assurance from related parties that funds will be provided on a timely basis for the next 12 months to meet liabilities and grant commitments.
What the accounts disclose
“In light of this assurance the Trustees do not consider it necessary for the Foundation to hold free reserves.” — page 10
“During the year, the Foundation received donations, both in the form of cash and in-kind support totalling £ 1,599,500 (2023 – £1,555,200), from AA Property Holdings Limited and ACT Property Holding Limited through Croydon Investments Limited, Coventry House (2015) Limited, Basildon Properties Limited, Bracknell Property Limited, Miflats Basildon Limited, Miflats Croydon Limited, Criterion Hospitality Limited, whose controlling director is also the Chair of the Foundation.” — page 5
Leadership, per the charity’s website
- Joe Dobson — Director
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- ASIF AZIZchair
- Imran Sattar
- Nishat Haq
- Omar Aziz
- Rahima Do Nascimento Aziz BEM
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.6m | £1.6m |
| 31/03/2024 | £1.7m | £1.7m |
| 31/03/2023 | £2.2m | £2.2m |
| 31/03/2022 | £1.5m | £1.5m |
| 31/03/2021 | £2.6m | £2.6m |
Common questions
Is THE AZIZ FOUNDATION financially healthy?
The accounts state that total income decreased to £1,671,067 from £2,155,057 in the prior year, while total expenditure fell to £1,671,067, resulting in a balanced net movement. The charity holds no free reserves, a position the Trustees justify by citing assurance from related parties that funds will be provided on a timely basis for the next 12 months to meet liabilities and grant commitments. Its FY2024 accounts were audited by MAH, Chartered Accountants.
Who funds THE AZIZ FOUNDATION?
Funders whose own accounts filings name THE AZIZ FOUNDATION as a grant recipient include Rights and Security International.
Known funders
| Funder | Year | Amount |
|---|---|---|
| Rights and Security International | FY2022 | £18k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| RONTADES LIMITED | 1 | £3.1m |
| M AND R GROSS CHARITIES LIMITED | 1 | £957k |
| CHILDREN WITH CANCER UK | 1 | £250k |
| MW (HO) FOUNDATION | 1 | £101k |
| BETTENHURST CHARITY LIMITED | 1 | £99k |
| CARLEE LTD | 1 | £95k |
| M AND M FOUNDATION | 1 | £80k |
| BEAULAND LIMITED | 1 | £51k |