WONDERFUL GIFT LIMITED
Latest income
£105k
Latest spending
£59k
Registered
2016
Accounts read
FY2023
Financial health, per its FY2023 accounts
The accounts state that the charity holds unrestricted reserves of £33,570, which exceeds its stated policy target of twelve months of unrestricted charitable expenditure. The filing confirms a healthy going concern position with adequate resources for the foreseeable future, supported by a net fund movement of £15,025 for the year.
What the accounts disclose
Reserves policy: twelve months of unrestricted charitable expenditure (held: £34k)
“The Trustees aim to maintain free reserves in unrestricted funds at a level which equates to approximately twelve months of unrestricted charitable expenditure.” — page 5
Per its FY2023 accounts as filed with the Charity Commission.
Trustees
- DAN VIRAJ SINGH MAUDHUBchair
- CLAIRE FRANCES EMMA MAUDHUB
- Graeme Nicoll
- Philip John Andrew Hansen
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £105k | £59k |
| 30/11/2023 | £27k | £12k |
| 30/11/2022 | £18k | £10k |
| 30/11/2021 | £3k | £4k |
| 30/11/2020 | £1k | £100 |
Common questions
Is WONDERFUL GIFT LIMITED financially healthy?
The accounts state that the charity holds unrestricted reserves of £33,570, which exceeds its stated policy target of twelve months of unrestricted charitable expenditure. The filing confirms a healthy going concern position with adequate resources for the foreseeable future, supported by a net fund movement of £15,025 for the year. Its FY2023 accounts were independently examined.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| MUSLIM COMMUNITY & EDUCATION CENTRE (MCEC) | 1 | £5k |