SEVEN SPIKES RELIEF FOUNDATION
Latest income
£1.7m
Latest spending
£1.6m
Registered
2016
Accounts read
FY2023
Financial health, per its FY2023 accounts
The charity reported a net movement in funds of a deficit of £70,201 for the year ended 31 December 2023, resulting in total fund balances of £311,639. Operating cash flows were positive at £271,143, increasing cash reserves to £561,690 by year-end. The accounts state that all income and expenditure derive from continuing activities.
What the accounts disclose
Structured financials (annual return, FY ending 31/12/2024)
Total income
£1.7m
Total spending
£1.6m
Cost of raising funds
£70k
Reserves (reported)
£18k
Employees
2
Trustees
- ABDUL GAFFAR KHATRI
- BOZLUR RAHMAN Bhuiya
- Dr AL-REHAN DHANJI
- Dr Razwan Siddique
- FAIZAL REYAZ LALLOO
- Talhet Anwar
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2024 | £1.7m | £1.6m |
| 31/12/2023 | £1.1m | £837k |
| 31/12/2022 | £738k | £809k |
| 31/12/2021 | £659k | £468k |
| 31/03/2021 | £370k | £321k |
Common questions
Is SEVEN SPIKES RELIEF FOUNDATION financially healthy?
The charity reported a net movement in funds of a deficit of £70,201 for the year ended 31 December 2023, resulting in total fund balances of £311,639. Operating cash flows were positive at £271,143, increasing cash reserves to £561,690 by year-end. The accounts state that all income and expenditure derive from continuing activities.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| BESIYATA | 1 | £20k |
| NER FOUNDATION | 1 | £15k |